WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

Article Archive | Page 5

Alt Text

Goldman Sachs: OPEC’s Influence On Oil Prices Is Dwindling

Mar 22, 2017 at 11:52

In a research note, Goldman Sachs has effectively demoted OPEC from a price setter to a mere inventory manager, with the cartel’s long-term control over international oil prices diminishing…

Alt Text

How OPEC Shot Itself In The Foot

Mar 22, 2017 at 11:38

At the start of March, we showed a fascinating chart from Rystad Energy, demonstrating how dramatic the impact of technological efficiency on collapsing U.S. shale production costs has been:…

Alt Text

This World-Leading Copper Supplier Just Came Back Online

Mar 22, 2017 at 11:32

The workers’ strike at the world’s largest copper mine, Chile’s Escondida, shows no signs of stopping. With unions this week rejecting a request by management for a new round…

Alt Text

Crude Inventory Build Sends Oil Prices Into A Nosedive

Mar 22, 2017 at 10:01

Amid growing worry about the direction that oil prices are heading into, the Energy Information Administration reported a 5-million-barrel build in U.S. commercial oil inventories for last week, bringing…

Alt Text

An OPEC Deal Extension Isn’t As Simple As It Sounds

Mar 21, 2017 at 15:55

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by…

Alt Text

Can Big Oil Survive A CO2 Crackdown?

Mar 21, 2017 at 15:54

Over the long run, the oil business is under threat. There are various arguments about why that might happen. Peak supply people argue we are running out of oil. Peak…

Alt Text

Trump’s Budget: Valuing Military Over Energy

Mar 21, 2017 at 15:50

Last week President Trump unveiled his budget blueprint, which detailed savage cuts to most areas of discretionary spending while boosting defense outlays by a whopping $54 billion. Nearly all…

Alt Text

Why Shell’s Oil Sands Sell Off Is Great News For Canadian Oil

Mar 21, 2017 at 15:49

There was a time when if a Canadian exploration and production (E&P) company bought out a foreign-controlled competitor, it was not only good for the country but financially beneficial because…

Alt Text

Virginia Plans To Turn Abandoned Coal Mines Into Hydropower Storage

Mar 21, 2017 at 15:41

The coal industry may be dying, but the skeletons left behind in the form of abandoned mines can provide new life. The water left behind by the once industrious business…

Alt Text

Oil Heads Lower As Traders Sell The Rumor

Mar 21, 2017 at 14:47

Oil prices fell to one week lows ahead of this week’s inventory data as rumors about a possible OPEC output cut extension failed to impress the markets.

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