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World’s Top Oil Trader Sees Oil Prices Weakening This Year

World’s Top Oil Trader Sees Oil Prices Weakening This Year

Vitol, the world’s biggest independent…

Can Oil Survive The Looming Economic “Ice Age?”

Can Oil Survive The Looming Economic “Ice Age?”

A wide-spread economic recession is…

Energy / Oil Prices

Why Oil Prices Just Fell 6%

Why Oil Prices Just Fell 6%

Sep 17, 2019 at 10:20 | Julianne Geiger

Oil prices fell sharply on late Tuesday morning as Reuters reported that Saudi Arabia’s oil output may return to normal more quickly than earlier reports had suggested. Oil production…

Oil Prices Close 15% Higher On Record Trading Day

Oil Prices Close 15% Higher On Record Trading Day

Sep 16, 2019 at 16:06 | Nick Cunningham

Oil prices spiked on Monday, two days after the largest oil disruption in history took place. Saudi Arabia lost 5.7 million barrels per day (mb/d) of production after the…

Platts: Oil Could Test $80 After Attacks In Saudi Arabia

Platts: Oil Could Test $80 After Attacks In Saudi Arabia

Sep 16, 2019 at 09:14 | Tsvetana Paraskova

Oil prices could test the US$80 a barrel Brent Crude price, following the attacks on the Abqaiq facility and the Khurais oil field in Saudi Arabia this weekend, S&P…

Oil Price Explosion – Brent Crude Jumps 20%

Oil Price Explosion – Brent Crude Jumps 20%

Sep 15, 2019 at 18:01 | ZeroHedge

Traders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. And moments ago, Brent crude…

Can Oil Survive The Looming Economic “Ice Age?”

Can Oil Survive The Looming Economic “Ice Age?”

Sep 13, 2019 at 16:46 | Kurt Cobb

Albert Edwards turned bearish on stocks back in 1996—well, not exactly bearish, but cautious. He recommended to clients that they overweight long-term, high-quality bonds and therefore underweight stocks in…

Russia’s Energy Minister: Fundamentals, Not Trump Impact Oil Prices

Russia’s Energy Minister: Fundamentals, Not Trump Impact Oil Prices

Sep 12, 2019 at 11:37 | Tsvetana Paraskova

Russia and OPEC are looking at the fundamental forces on the oil market such as supply and demand, rather than at U.S. President Donald Trump’s tweets, Russian Energy Minister Alexander…

Oil Slides As Trump Considers Easing Sanctions On Iran

Oil Slides As Trump Considers Easing Sanctions On Iran

Sep 11, 2019 at 11:55 | ZeroHedge

WTI prices were jittery on Wednesday morning, rising initially, but falling back below yesterday's lows, after headlines suggesting Bolton was fired after disagreeing with Trump's desire to ease Iran sanctions to…

Oil Flashcrashes After Trump Fires Security Advisor Bolton

Oil Flashcrashes After Trump Fires Security Advisor Bolton

Sep 10, 2019 at 11:47 | Julianne Geiger

A new deal between the United States and Iran may be on the horizon as US President Donald Trump just fired US National Security Advisor John Bolton—and oil prices are…

Three Essential Factors For Oil Prices In 2020

Three Essential Factors For Oil Prices In 2020

Sep 06, 2019 at 09:21 | Rystad Energy

Three essential factors will determine the direction of the oil price next year, according to Rystad Energy. In a market update, Bjørnar Tonhaugen, head of oil market research at Rystad…

World’s Top Oil Trader Sees Oil Prices Weakening This Year

World’s Top Oil Trader Sees Oil Prices Weakening This Year

Sep 05, 2019 at 10:56 | Tsvetana Paraskova

Vitol, the world’s biggest independent oil trader, expects oil prices to weaken in the fourth quarter this year, although prices are unlikely to be below $50 a barrel for a…

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