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Oil Prices Nosedive On Bearish IEA Report

Oil Prices Nosedive On Bearish IEA Report

Oil prices are cratering after…

Energy / Oil Prices

Oil Prices Could Double If Middle East Conflict Escalates

Oil Prices Could Double If Middle East Conflict Escalates

Nov 16, 2017 at 17:06 | Peter Tertzakian

Barrel traders recently pushed the price of West Texas Intermediate (WTI) oil above $US 55; the first time in over two years. Scarcity doesn’t really justify the upward price movement.…

The IEA Is Grossly Overestimating Shale Growth

The IEA Is Grossly Overestimating Shale Growth

Nov 16, 2017 at 16:58 | James Stafford

This week, the IEA said that U.S. shale would dominate the oil and gas markets over the next decade, rising to “a level 50 percent higher than any other…

Oil Prices Nosedive On Bearish IEA Report

Oil Prices Nosedive On Bearish IEA Report

Nov 14, 2017 at 10:34 | Charles Kennedy

Oil prices are cratering after the IEA said that global oil demand is actually much weaker than everyone thought. The IEA lowered its demand forecast by 50,000 bpd in 2017…

North Sea Oil In Urgent Need Of A Major Discovery

North Sea Oil In Urgent Need Of A Major Discovery

Nov 10, 2017 at 16:48 | Ron Patterson

Short-term trends for UK oil and gas production and, to a lesser extent, Norway can be rendered a bit meaningless by seasonal impacts from summer maintenance turn-arounds and cyclic gas…

Oil Pulls Back After U.S. Rig Count Sees Significant Increase

Oil Pulls Back After U.S. Rig Count Sees Significant Increase

Nov 10, 2017 at 12:15 | Julianne Geiger

Baker Hughes has reported that the number of oil and gas rigs in the United States rose this week, bucking the downward trend of recent weeks.  The number of oil…

Is OPEC Deal Compliance About To Crash?

Is OPEC Deal Compliance About To Crash?

Nov 09, 2017 at 15:50 | Tsvetana Paraskova

OPEC is declaring victory in its efforts to rebalance supply and demand and bring the oil market back to stability—its favorite proxy buzzword for less volatile and relatively high oil…

OPEC Eyes $70 Oil

OPEC Eyes $70 Oil

Nov 07, 2017 at 14:54 | Tsvetana Paraskova

Brent prices hit $60 a barrel 10 days ago and have maintained that level ever since, sparking talk that this could be the new floor under oil prices and that…

Why Oil Prices Will Keep Moving Up

Why Oil Prices Will Keep Moving Up

Nov 07, 2017 at 14:46 | Kent Moors

Crude oil prices were have hit a two-year highs. Despite the misgivings of some pundits who view oil simply as a means for making money from short plays, the global…

OPEC: U.S. Shale To Rise Much Faster Than Expected

OPEC: U.S. Shale To Rise Much Faster Than Expected

Nov 07, 2017 at 11:49 | Tsvetana Paraskova

Higher oil prices, robust oil demand growth, and higher upstream activity will lead to faster-than-previously-expected growth in U.S. shale production until 2022, OPEC said in its World Oil Outlook…

Can Oil Prices Hit $65 This Week?

Can Oil Prices Hit $65 This Week?

Nov 07, 2017 at 09:07 | Irina Slav

Brent crude, the international benchmark, closed above US$64 a barrel for the first time since mid-2015 yesterday, and WTI settled at over US$57 as a string of political arrests…

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