• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day Could Someone Give Me Insights on the Future of Renewable Energy?
  • 23 hours How Far Have We Really Gotten With Alternative Energy
  • 1 hour e-truck insanity
  • 3 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 5 days Bankruptcy in the Industry
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 6 days The United States produced more crude oil than any nation, at any time.

Energy / Oil Prices

Why The United States Rules Oil Prices... Not OPEC

Jun 15, 2017 at 11:52 | ZeroHedge

There’s no end in sight to slumping oil prices - good news for consumers but a dire development for major oil producers like Saudi Arabia and Russia. And now, rising…

Conflicting News Keeps Oil Prices Down

Jun 13, 2017 at 10:20 | Stuart Parnell

I don’t know about the rest of you guys, but is anyone else feeling a bit hinky about the price of oil? Every time we seem to have the table…

Oil Prices Retreat On Rising OPEC Output In May

Jun 13, 2017 at 09:14 | Tsvetana Paraskova

Oil prices reversed earlier gains and drifted lower in early morning trade on Tuesday, after OPEC said that its crude oil production in May rose—despite the output cut deal—on the…

Top Asset Managers Still Bullish On Crude

Jun 12, 2017 at 14:20 | Henry Trinh

With U.S. investment managers and hedge funds reporting their quarterly equity positions ahead of the SEC deadline last month, some of the world’s largest asset managers are still taking bullish…

How “Zombie” Funds Are Disrupting Oil Prices

Jun 09, 2017 at 16:18 | Kent Moors

Last December, Credit Suisse Group AG (CS), closed two very popular ways of betting on oil to the public. Both were exchange-traded notes (ETNs) pegged to oil prices, and both…

Bearish Markets: A Self-Fulfilling Prophecy

Jun 09, 2017 at 15:47 | Dan Dicker

In my early days of trading, I had a ‘mentor’ of sorts who gave me all sorts of advice and useful tips about market action. One I remember clearly was…

Betting On A Survivor

Jun 09, 2017 at 15:38 | Martin Tillier

Around three years ago, in June of 2014, oil began a spectacular collapse. After rising to the point where WTI was fetching over $100 a barrel and holding that psychologically…

Is $75 Oil Still Possible?

Jun 06, 2017 at 11:48 | Oil & Gas 360

More draws predicted for late 2017, 2018 The oil market rebalancing is in progress, even if it is slower than expected, according to releases by Societe Generale and RBC Capital…

EIA Ups Global Oil Production Forecast

Jun 02, 2017 at 15:56 | Ron Patterson

The EIA recently updated its International Petroleum statistics. World Crude plus Condensate  (C+C) output was 80,577 kb/d in Feb 2017 an increase of…

Saudis: OPEC May Discuss Deeper Cuts In November

Jun 02, 2017 at 10:13 | Tsvetana Paraskova

OPEC and the non-OPEC producers that are part of the production cut deal may consider deepening the output cuts at the cartel’s next meeting in Vienna in November, Saudi Arabia’s…

Russia’s Economy Minister: Russia Can Live Forever At $40 Oil

Jun 01, 2017 at 12:22 | Tsvetana Paraskova

The OPEC/non-OPEC deal is working, and the current underlying key assumption of Russia’s economic policies—oil prices at US$40—can allow it to live forever at that price or below, Russia’s Economy…

Is History Repeating Itself In The Oil Markets?

May 31, 2017 at 16:08 | David Melton

It wasn’t that long ago, 19 years to be precise, when the average oil price was $11.91 per barrel (WTI). Are world conditions such that we could see that price…

Should Markets Fear Iran’s Plans To Boost Oil Output?

May 31, 2017 at 14:48 | Gregory Brew

Last week’s OPEC meeting was characterized by a certain banality. The news that OPEC and non-OPEC members would agree to another nine months of production cuts elicited a collective…

Saudis, Russia Will Do “Whatever It Takes” To Bring Oil To Balance

May 31, 2017 at 10:18 | Tsvetana Paraskova

OPEC and non-OPEC producers part of the production cut deal are committed to drawing the global crude oil inventories down to their five-year average, Saudi Energy Minister Khalid al-Falih

4 Wildly Different Oil Price Scenarios For 2020

May 30, 2017 at 15:31 | Nick Cunningham

After the nine-month extension of the OPEC deal, there is a growing consensus that oil might bounce around in the $50s and $60s for the rest of the year. But…

Is This The "Mystery" Massive Long Supporting The Oil Market?

May 30, 2017 at 11:55 | ZeroHedge

Usually when CFTC data shows a big speculative position, it is easy to spot the corresponding mood amongst traders. For example, take the current situation with the Canadian dollar. There…

Saudi Prince Mohammed Meets With Putin To Discuss Oil, Syria

May 30, 2017 at 09:42 | Irina Slav

Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman is meeting Russian President Vladimir Putin today to discuss the extension of OPEC’s agreement with 11 other oil producers to extend the…

Is This Saudi Arabia’s Newest Strategy To Boost Oil Prices?

May 29, 2017 at 14:45 | Nick Cunningham

OPEC’s new strategy to balance the oil market is to cut oil exports to the U.S., a move intended to drain near-record-high crude oil inventories. OPEC originally thought that six…

How Much Will Inventories Shrink As OPEC Extends Cuts?

May 29, 2017 at 13:44 | Stuart Parnell

Well, if it’s the end of May, it must be time for another OPEC meeting. And sure enough it was. Yet again, the representatives of the OPEC nations got together…

Russian Energy Minister: Oil Markets To Rebalance In Q3 2017

May 29, 2017 at 13:27 | Oil & Gas 360

Russia’s Novak suggests Russia has more room for deeper cuts Crude oil prices fell more than 5 percent Thursday after OPEC extended a production cut deal which had originally help…

Oilprice - The No. 1 Source for Oil & Energy News