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Brent Crude Hits 2019 High At $65

Brent Crude Hits 2019 High At $65

Brent Crude hit $65 a…

Energy / Oil Prices

Oil Stabilizes As Concerns About Asia, U.S. Shale Ease

Oil Stabilizes As Concerns About Asia, U.S. Shale Ease

Jan 23, 2019 at 10:34 | Tsvetana Paraskova

Oil prices were mostly flat on Wednesday morning, amid signs that U.S. shale growth is slowing down and that major Asian economies will be rolling out fiscal stimulus to boost…

Oil Prices Plunge On Fears Of Global Economic Slowdown

Oil Prices Plunge On Fears Of Global Economic Slowdown

Jan 22, 2019 at 10:59 | Tsvetana Paraskova

Oil prices plunged by more than 3 percent on Tuesday morning as rekindled fears of global economic growth slowdown put an abrupt pause to the oil price rally in recent…

Oil Flat As U.S. Drilling Slows Down

Oil Flat As U.S. Drilling Slows Down

Jan 21, 2019 at 11:59 | Tsvetana Paraskova

Oil prices were up early on Monday, steadying at a two-month high last seen in mid-November, as the plunging U.S. rig count last week signaled a slowdown in shale drilling…

The Two Major Factors Pushing Oil Prices Higher

The Two Major Factors Pushing Oil Prices Higher

Jan 18, 2019 at 17:26 | Jim Hyerczyk

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher on Friday, putting both markets in a position to close higher for the week. The…

What’s Behind Oil’s Slow Flash Crash?

What’s Behind Oil’s Slow Flash Crash?

Jan 17, 2019 at 16:53 | Philip Verleger

Crude oil prices declined forty percent between October 1 and Christmas Day in 2018. The decrease has been variously attributed to the United States’ failure to follow through on its tough…

Canada’s Oil Trades At Smallest Discount To WTI In A Decade

Canada’s Oil Trades At Smallest Discount To WTI In A Decade

Jan 17, 2019 at 12:03 | Tsvetana Paraskova

Canada’s benchmark heavy oil price has recovered since the oil-rich Alberta province mandated in December an oil production cut of more than 300,000 bpd, with the discount of Canadian oil…

Oil Prices Lag Despite Early OPEC Cuts

Oil Prices Lag Despite Early OPEC Cuts

Jan 17, 2019 at 09:24 | Irina Slav

The Organization of Petroleum Exporting Countries produced 751,000 bpd less in December than in the previous month in a rush to prop up prices, OPEC said in its latest…

Oil Rises After Choppy Start To The Week

Oil Rises After Choppy Start To The Week

Jan 15, 2019 at 10:39 | Tsvetana Paraskova

Oil prices rose by roughly 2 percent early on Tuesday, recovering from Monday’s loss which came after China reported weak trade data, signaling that its economic growth could be slowing…

There Is Still Room To Run For Oil Prices

There Is Still Room To Run For Oil Prices

Jan 10, 2019 at 16:54 | Nick Cunningham

“The oil market looks to be broadly balanced in 2019, an improvement on 2018 which turned out oversupplied,” Morgan Stanley analysts Martijn Rats and Amy Sergeant wrote in a note.…

Oil Enters Bull Market As Shorts Are Wiped Out

Oil Enters Bull Market As Shorts Are Wiped Out

Jan 10, 2019 at 10:32 | ZeroHedge

After crude suffered a near record, 44% plunge in the fourth quarter, one which left commodity funds reeling and both OPEC and oil exporting nations in a panic,…

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