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Will U.S. Shale Survive If Oil Hits $40?

Will U.S. Shale Survive If Oil Hits $40?

The oil price collapse is…

Oil Climbs As Fears Of Negative Prices Fade

Oil Climbs As Fears Of Negative Prices Fade

West Texas Intermediate (WTI) crude…

Energy / Oil Prices

Oil Prices Are Unlikely To Break $40 This Year

May 29, 2020 at 10:01 | Tsvetana Paraskova

Despite production cuts from OPEC+ and North America and slowly improving demand, oil prices are not expected to average much higher than current prices in 2020 because of renewed U.S.-China…

Stocks To Watch As Shale Bounces Back

May 28, 2020 at 17:32 | David Messler

There is no question that as the oil price dropped in the first quarter of 2020, producers reacted strongly curtailing new drilling, and actually shutting in existing production.…

Oil Prices Stabilize On Rumors Of An OPEC+ Extension

May 28, 2020 at 09:30 | Tom Kool

Oil traded flat on Thursday morning following yesterday’s correction driven by Saudi Arabia and other OPEC members signaling that they are considering extending the huge output cuts until…

Oil Markets Could Soon Face A Devastating Supply Crunch

May 27, 2020 at 12:02 | Alex Kimani

Concerted production cuts by OPEC+ and IOCs have largely been canceled out by a sharp fall in global oil demand from a record peak of >100 mbd to…

Morgan Stanley Expects $40 Brent By Christmas

May 27, 2020 at 10:05 | Irina Slav

Morgan Stanley expects Brent crude to trade at $40 a barrel by the end of the year thanks to the recovery in demand, which has taken off faster than the…

Will U.S. Shale Survive If Oil Hits $40?

May 26, 2020 at 17:18 | Irina Slav

Within a month, the U.S. oil benchmark West Texas Intermediate recorded two first-of-a-kind events. First, it fell below zero on April 20. Then, it soared up so high…

Oil Prices Rise As Supply Shrinks

May 26, 2020 at 12:13 | Tsvetana Paraskova

Oil prices rose early on Tuesday as market participants believed that improving demand and more supply coming off would ease the glut faster than expected. As of 10:37 a.m. EDT…

The State Of Texas Collected Huge Royalty Check Before Price Crash

May 26, 2020 at 10:09 | Tsvetana Paraskova

The state of Texas collected at least US$13.4 billion in the form of royalties and taxes from the oil and gas industry last year, just before the oil price crash,…

$30 Oil Isn’t Good Enough For U.S. Shale

May 25, 2020 at 17:29 | Nick Cunningham

The rebound of WTI from below zero back into the $30s led to a wave of bullish trading, with energy stocks rallying in response. One renowned industry expert…

Chinese Hedge Funds Are Betting Big On An Oil Price Recovery

May 25, 2020 at 11:13 | Tsvetana Paraskova

Little-known Chinese hedge funds are betting big on an oil price recovery on the Shanghai-traded yuan-denominated oil futures and are set to fill up all available storage for delivery…

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