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OPEC Chief Hints At Deeper Cuts In December

OPEC Chief Hints At Deeper Cuts In December

OPEC Secretary Mohamed Barkindo has…

Energy / Oil Prices

Oil Sinks To Two-Month Low On String Of Bearish News

Oil Sinks To Two-Month Low On String Of Bearish News

Oct 03, 2019 at 09:31 | Tsvetana Paraskova

The oil market was rocked just weeks ago by a major attack on Saudi Oil infrastructure that saw 5.7 million bpd taken offline, but looking at oil prices, you’d never…

Oil Prices Tank On Global Recession Fears

Oil Prices Tank On Global Recession Fears

Oct 02, 2019 at 16:32 | Nick Cunningham

Oil prices continued to slide on Wednesday, falling on a string of worrying economic news. Markets were peppered with troubling data from September at the start of the week, with…

$300 Oil: What If The Attacks In Saudi Arabia Had Destroyed Production?

$300 Oil: What If The Attacks In Saudi Arabia Had Destroyed Production?

Sep 30, 2019 at 16:53 | Irina Slav

Saudi Arabia’s Crown Prince Mohammed bin Salman (MBC) has told CBS that oil could reach “unimaginably high numbers” if a war with Iran were to erupt, which he suggested…

Trump’s Latest Trade War Move Sends Oil Tanking

Trump’s Latest Trade War Move Sends Oil Tanking

Sep 30, 2019 at 16:39 | Nick Cunningham

Oil prices fell again on Monday on waning hopes of a breakthrough in the U.S.-China trade war. Late last week, Bloomberg reported that the Trump administration was considering more…

Don’t Expect Oil Prices To Go Much Higher This Year

Don’t Expect Oil Prices To Go Much Higher This Year

Sep 30, 2019 at 09:34 | Tsvetana Paraskova

As sudden oil supply disruptions are offset by faltering demand growth, oil prices are expected to hold steady and near their current levels through the rest of this year, the…

Oil Plunges After Saudi Arabia Announces Yemen Ceasefire

Oil Plunges After Saudi Arabia Announces Yemen Ceasefire

Sep 27, 2019 at 09:16 | Irina Slav

Oil prices fell sharply today after Saudi Arabia agreed to a partial ceasefire in Yemen, the Wall Street Journal reported, citing unnamed sources familiar with the move. The Houthi…

Is Oil Poised For A Breakout?

Is Oil Poised For A Breakout?

Sep 23, 2019 at 17:05 | Nick Cunningham

Oil prices are now only slightly higher than they were prior to the Abqaiq attack, but the outage injected a dose of upside risk to the oil market, which may…

Oil Prices Drop As Markets Await Washington’s Response To Saudi Attack

Oil Prices Drop As Markets Await Washington’s Response To Saudi Attack

Sep 18, 2019 at 17:51 | Nick Cunningham

It was a wild ride, but oil prices fell again on Wednesday, pushing them back near levels seen earlier this month. Despite the largest supply outage in oil market history,…

Gas Price Jump Imminent Following Saudi Attacks

Gas Price Jump Imminent Following Saudi Attacks

Sep 18, 2019 at 13:06 | ZeroHedge

The attack on a Saudi Arabia oil facility, now being blamed on Iran, that caused crude oil futures to spike more than 10% to…

Why Oil Prices Just Fell 6%

Why Oil Prices Just Fell 6%

Sep 17, 2019 at 10:20 | Julianne Geiger

Oil prices fell sharply on late Tuesday morning as Reuters reported that Saudi Arabia’s oil output may return to normal more quickly than earlier reports had suggested. Oil production…

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