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Breaking News:

Algerian Oil Output Unchanged Amid Unrest

Oil Is Set To Rise, But The Rally May Not Last

Oil Is Set To Rise, But The Rally May Not Last

The comparative crude oil inventories…

Oil Markets In Limbo Ahead Of OPEC Meeting

Oil Markets In Limbo Ahead Of OPEC Meeting

Oil investors are taking a…

Energy / Oil Prices

Sources: Saudis Admit They Want $70 Oil

Sources: Saudis Admit They Want $70 Oil

Mar 25, 2019 at 18:24 | Tsvetana Paraskova

Saudi Arabia has been signaling for weeks that it is and will be doing whatever it takes to rebalance the oil market by slashing exports and pumping well below its…

Oil Is Set To Rise, But The Rally May Not Last

Oil Is Set To Rise, But The Rally May Not Last

Mar 21, 2019 at 18:39 | Arthur Berman

The United States is no longer over-supplied with oil. That sounds like good news. The bad news is that it may signal lower oil prices going forward. An unexpected 9…

Morgan Stanley: Oil To Rise To $75 This Summer

Morgan Stanley: Oil To Rise To $75 This Summer

Mar 20, 2019 at 12:59 | Tsvetana Paraskova

Brent Crude prices could reach $75 a barrel in the third quarter this year as the oil market will likely swing into a deficit, due to OPEC’s production cuts…

Oil Markets In Limbo Ahead Of OPEC Meeting

Oil Markets In Limbo Ahead Of OPEC Meeting

Mar 15, 2019 at 13:58 | Jim Hyerczyk

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to settle the week higher after hitting new highs for the year earlier in the week.…

Oil Prices To Skyrocket If U.S. Shale Stalls

Oil Prices To Skyrocket If U.S. Shale Stalls

Mar 13, 2019 at 15:50 | Nick Cunningham

A collapse of production in Venezuela, aggressive production curtailments from OPEC+, relatively strong demand and an economy humming along – and oil prices are still sharply below the highs seen…

Oil Looks Set For A Significant Drop As Bad Data Piles Up

Oil Looks Set For A Significant Drop As Bad Data Piles Up

Mar 08, 2019 at 17:36 | Martin Tillier

The last 72 hours have not been good for the prospects for the global economy, and therefore for the price of oil. On Thursday, the European Central Bank (ECB) surprised…

Bearish Economic News Weighs On Crude

Bearish Economic News Weighs On Crude

Mar 08, 2019 at 17:27 | Jim Hyerczyk

A combination of bearish economic events is weighing on crude oil futures on Friday, putting the markets in a position to finish the week lower. The central theme driving prices…

Is This As Good As It Gets For Oil?

Is This As Good As It Gets For Oil?

Mar 06, 2019 at 17:30 | Philip Verleger

Crude oil prices have gone up twenty-seven percent from their Christmas week lows. Many analysts, company representatives, and OPEC officials see them rising further. The 1.2-million-barrels-per-day cut in oil production…

Oil Prices Rise On Imminent Trade Deal

Oil Prices Rise On Imminent Trade Deal

Mar 01, 2019 at 08:55 | Irina Slav

Crude oil started the day with gains on reports from Washington that a U.S.-Chinese trade deal is imminent, S&P Global Platts reports, noting Treasury Secretary Steven Mnuchin had said…

Oil Prices Could Soar On Trade War Truce

Oil Prices Could Soar On Trade War Truce

Feb 26, 2019 at 15:24 | Nick Cunningham

President Trump extended the trade talks with China, citing “substantial progress,” which will defuse one of the largest downside risks to the oil market, at least for a while longer.…

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