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The New Bear Market In Oil

The New Bear Market In Oil

Many factors that boosted oil…

Energy / Oil Prices

Can We Expect A Major Rebound In Oil Prices?

Can We Expect A Major Rebound In Oil Prices?

Nov 16, 2018 at 16:31 | Nick Cunningham

After declining by more than 20 percent from the October peak, oil prices are showing some signs that they have now bottomed out. WTI hit a low point at $56…

Russia’s Most Powerful Oilman: We're Fine With Any Oil Price

Russia’s Most Powerful Oilman: We're Fine With Any Oil Price

Nov 15, 2018 at 09:21 | Irina Slav

Rosneft is fine with any level of oil prices, chief executive Igor Sechin told Kommersant radio station as quoted by news agency TASS. "We manage risks. If prices fall,…

Oil Rebounds After Biggest Daily Loss In 3 Years

Oil Rebounds After Biggest Daily Loss In 3 Years

Nov 14, 2018 at 09:27 | Irina Slav

Crude oil prices crashed yesterday, losing 7 percent in just one day, which was the biggest daily loss in three years and today continued down in early trading as headwinds…

Oil Prices Plunge Below $15 In Canada

Oil Prices Plunge Below $15 In Canada

Nov 13, 2018 at 10:45 | Nick Cunningham

Canadian oil prices briefly plunged as low as $15 per barrel last week, after a U.S. federal judge blocked the construction of the Keystone XL pipeline. Canada’s oil industry…

Oil Prices Are Not Falling Off A Cliff Anytime Soon

Oil Prices Are Not Falling Off A Cliff Anytime Soon

Nov 12, 2018 at 16:56 | David Messler

We entered the fourth quarter of 2018 with some anticipation. Driving this was the advent of complete sanctions imposed by the American government on Iran. The arrival of these sanctions…

Oil Prices Rise As Saudis Cut Exports

Oil Prices Rise As Saudis Cut Exports

Nov 12, 2018 at 09:19 | Irina Slav

Less than two months after Khalid al-Falih’s assurances that Saudi Arabia will produce and export enough oil to keep prices steady, the Kingdom’s Energy Minister has said that exports would…

The New Bear Market In Oil

The New Bear Market In Oil

Nov 09, 2018 at 17:17 | Nick Cunningham

WTI dipped below $60 per barrel in early trading on Friday, the lowest price level in nearly a year. With prices down more than 20 percent from the October peak,…

Cramer: WTI Could Drop To $40s In ‘Ferocious’ Bear Market

Cramer: WTI Could Drop To $40s In ‘Ferocious’ Bear Market

Nov 08, 2018 at 12:57 | Tsvetana Paraskova

WTI Crude prices could drop into the $40s, with the U.S. oil benchmark in a ‘ferocious’ bear market, analyst and CNBC host Jim Cramer said on Thursday. WTI…

Oil Heads South On Mixed Signals From OPEC

Oil Heads South On Mixed Signals From OPEC

Nov 08, 2018 at 10:14 | Tim Daiss

There was a hint that something like this could happen, and now it’s here. When oil prices were spiking at the beginning of last month, hitting four years highs, with…

Why Oil Prices Will Fall In 2019 And Beyond

Why Oil Prices Will Fall In 2019 And Beyond

Nov 05, 2018 at 13:12 | Nick Cunningham

The decision by the U.S. to grant waivers to eight countries, allowing them to continue to import oil from Iran, has helped ease the tension in the oil market.…

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