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The One Man Who Could Send Oil To $100

The One Man Who Could Send Oil To $100

While Saudi Arabia has reportedly…

Are High Oil Prices Sustainable?

Are High Oil Prices Sustainable?

Oil prices have soared to…

Energy / Oil Prices

Hedge Funds Are Certain Oil Prices Will Head Higher

Hedge Funds Are Certain Oil Prices Will Head Higher

Apr 23, 2018 at 12:30 | Tsvetana Paraskova

Money managers have amassed close to record long positions in the six-major oil-linked futures and option contracts, and the ratio of longs to shorts is even higher than when it…

Saudi Arabia’s $100 Oil Dilemma

Saudi Arabia’s $100 Oil Dilemma

Apr 20, 2018 at 18:06 | Nick Cunningham

Saudi Arabia is rumored to want oil prices at $100 per barrel, but if prices rise that high, it could sow the seeds of the next downturn. Saudi officials…

Are High Oil Prices Sustainable?

Are High Oil Prices Sustainable?

Apr 20, 2018 at 18:05 | Gail Tverberg

Oil prices are now as high as they have been for three years. At this writing, Brent is $74.14 per barrel and West Texas Intermediate is at $68.76. These prices…

The One Man Who Could Send Oil To $100

The One Man Who Could Send Oil To $100

Apr 19, 2018 at 14:14 | Cyril Widdershoven

The future of North Africa’s leading oil and gas producer Libya is once again under threat. International media reports that Libya’s strongman General Khalifa Haftar, leader of the LNA, the…

$100 Oil Is Back On The Table

$100 Oil Is Back On The Table

Apr 18, 2018 at 16:37 | Nick Cunningham

Oil prices will rise to $100 per barrel if Saudi Arabia gets its way. Only a week ago, news surfaced that Saudi officials were quietly hoping to push oil…

JP Morgan: Oil Prices Won't Go Higher Than $70

JP Morgan: Oil Prices Won't Go Higher Than $70

Apr 16, 2018 at 10:55 | Tsvetana Paraskova

Oil prices at $70 may be the top of the range in the price of oil that we’re going to see over the next few years, David Kelly, chief global…

New Sanctions On Russia Could Lift Oil Prices Further

New Sanctions On Russia Could Lift Oil Prices Further

Apr 16, 2018 at 09:34 | Irina Slav

Crude oil prices started the week with a drop of about one percent as traders were still watching what happens in Syria next and despite the announcement that Washington will…

Saudi Arabia’s $80 Oil Target Could Backfire

Saudi Arabia’s $80 Oil Target Could Backfire

Apr 11, 2018 at 17:02 | Tsvetana Paraskova

Although OPEC and allies have never officially targeted any specific price of oil with the production cut agreement, each member of the pact knows very well where they want oil…

The Trump “Twitter Effect” On Oil Prices

The Trump “Twitter Effect” On Oil Prices

Apr 06, 2018 at 16:55 | Kent Moors

On Monday, oil prices marked their sharpest one-day decline since February, following the markets as a whole. By 2:30 P.M. Eastern, the West Texas Intermediate (WTI) had dropped 3 percent…

Escalating Trade War Ups Pressure On Oil Prices

Escalating Trade War Ups Pressure On Oil Prices

Apr 06, 2018 at 08:57 | Irina Slav

Oil prices fell earlier today after President Trump threatened to slap more tariffs on Chinese products, with West Texas Intermediate shedding almost a percentage point at the time of writing,…

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