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The Downside Risk For Oil

The Downside Risk For Oil

Oil market sentiment is as…

Goldman: Brent To Retest $80 This Year

Goldman: Brent To Retest $80 This Year

Goldman Sachs still expects oil…

Energy / Oil Prices

Goldman: Brent To Retest $80 This Year

Goldman: Brent To Retest $80 This Year

Jul 17, 2018 at 12:05 | Tsvetana Paraskova

Goldman Sachs—which has been bullish on oil for most of this year— continues to expect that Brent Crude prices could retest the $80 a barrel threshold this year, but…

The Best And Worst Oil Price Predictions

The Best And Worst Oil Price Predictions

Jul 16, 2018 at 14:46 | Julianne Geiger

There is only one sure thing when it comes to oil price forecasting—forecasts will inevitably prove to be wrong. If it’s not too high, it’s certainly too low—at any rate,…

Oil Slides As Saudis Gear Up To Pump Record Volume

Oil Slides As Saudis Gear Up To Pump Record Volume

Jul 16, 2018 at 10:39 | Tsvetana Paraskova

Saudi Arabia is offering extra oil on top of its contractual volumes to some buyers in its key market Asia, as OPEC’s largest producer boosts oil production to keep markets…

The Downside Risk For Oil

The Downside Risk For Oil

Jul 11, 2018 at 10:52 | Osama Rizvi

Oil prices have spiked more than 13 percent in the past ten days, with WTI touching $75 at one point, the highest since the 2014 price crash. The…

Oil Prices Rise On Supply Outage In Norway

Oil Prices Rise On Supply Outage In Norway

Jul 10, 2018 at 09:18 | Irina Slav

Wage negotiations between two Norwegian oil workers’ trade unions and an employers’ association have fallen through, and hundreds of rig workers are going on strike today, which will immediately disrupt…

The Critical Chokepoint That Could Send Oil To $250

The Critical Chokepoint That Could Send Oil To $250

Jul 09, 2018 at 09:22 | Irina Slav

Crude oil prices could jump as high as US$250 a barrel if Iran goes through with its threat to close the Strait of Hormuz in response to U.S. pressure on…

Mexico Likely To Keep Making The World’s Biggest Oil Hedge

Mexico Likely To Keep Making The World’s Biggest Oil Hedge

Jul 06, 2018 at 14:35 | Tsvetana Paraskova

The Mexican oil hedge, or the Hacienda Hedge, is considered the biggest hedging bet on Wall Street as well as perhaps the most secretive. It has earned Mexico—and a few…

Oil Prices Drop On US-China Trade War, Saudi Production Boost

Oil Prices Drop On US-China Trade War, Saudi Production Boost

Jul 06, 2018 at 07:58 | Tsvetana Paraskova

Oil prices dropped early on Friday as fears of the escalating U.S.-Chinese trade war and increased production by Saudi Arabia and Russia outweighed concerns over supply disruptions from Venezuela to…

Iran Accuses Trump Of Tweeting Up Oil Prices

Iran Accuses Trump Of Tweeting Up Oil Prices

Jul 05, 2018 at 11:53 | Tsvetana Paraskova

U.S. President Donald Trump took to Twitter again on Wednesday to complain about high oil prices and criticize OPEC, demanding that prices be reduced—and this time it was Iran…

This Is How Much U.S. Households Lose As Gas Prices Rise

This Is How Much U.S. Households Lose As Gas Prices Rise

Jul 02, 2018 at 13:19 | Tsvetana Paraskova

U.S. gasoline prices are at a four-year-high this year as a result of the higher price of oil which has reached a three-and-a-half-year high in recent weeks. The increased…

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