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Breaking News:

Oil Prices Rise On Surprise Crude Draw

Suriname Oil Discovery

How Important Is The Suriname Oil Discovery?

Guyana has been the offshore…

Falling stocks

Oil Extends Plunge On Coronavirus Fears

Oil prices extended losses early…

Energy / Oil Prices


OPEC+ Halts Slide In Oil Prices

Jan 28, 2020 at 13:13 | Tom Kool

After several days of losses, oil prices stabilized on Tuesday morning after OPEC and partners announced their intent to extend output cuts till June of this year.

falling stocks

Coronavirus Sends Panic Through Oil Markets

Jan 27, 2020 at 16:53 | Nick Cunningham

Oil continued to slide on Monday, with Brent dropping well below $60 per barrel, as panic around the coronavirus continues to mushroom. The number of casualties in China continues to…

Falling stocks

Oil Extends Plunge On Coronavirus Fears

Jan 27, 2020 at 09:32 | Tsvetana Paraskova

Oil prices extended losses early on Monday, slumping to nearly four-month lows amid fears that the Chinese coronavirus outbreak will slow China’s economic growth and oil demand.   At 08:25…


China Virus Fears Send Oil Prices Even Lower

Jan 24, 2020 at 10:41 | Tsvetana Paraskova

Oil prices were down early on Friday for a fourth consecutive session, as fears of the deadly Chinese virus spreading and concerns about oil demand trumped supply outages and set…

Suriname Oil Discovery

How Important Is The Suriname Oil Discovery?

Jan 17, 2020 at 15:43 | Viktor Katona

The discovery of the Maka field in offshore Suriname will become one of the main upstream stories of 2020, bringing Suriname onto the international oil map, potentially spawning a new…

Drilling crew

Oil Will Stay Above $50 Per Barrel In 2020

Jan 16, 2020 at 11:32 | Robert Rapier

We begin 2020 with the stock market again testing record highs. We just finished a year in which oil prices rose by more than 30 percent. However, natural gas prices…

Iran defense

Is Iran Preparing To Send Oil Back To $100?

Jan 14, 2020 at 17:26 | Simon Watkins

Two of Saudi Arabia’s key oil sites are attacked and its oil production is more than halved but the US$70-75 per barrel of Brent oil barrier holds firm. The…


The World's Most Expensive Oil Nears $100 Per Barrel

Jan 14, 2020 at 09:25 | Tsvetana Paraskova

Strong demand for heavy-sweet crude grades amid the new shipping fuel regulations has resulted in a recent spot tender in which a crude from Australia sold for close to US$100…

Anacortes refinery

Bad News For Oil: Refinery Profits Are Sliding

Jan 13, 2020 at 17:19 | Alex Kimani

After a short-lived, half-hearted rally, oil prices are down again with a vengeance, retracing levels last seen before the assassination of General Soleimani by the American government.  WTI prices surged…

Oil trader

Oil Poised For Steepest Weekly Decline Since July

Jan 10, 2020 at 10:06 | Tsvetana Paraskova

Oil prices were heading for their worst week since July early on Friday, as fears about a full-blown conflict between the U.S. and Iran in the Middle East subsided a…

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