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IEA: Tight Markets To Push Oil Prices Above $80

IEA: Tight Markets To Push Oil Prices Above $80

IEA’s latest monthly oil report…

Why WTI Could Crash In The Coming Weeks

Why WTI Could Crash In The Coming Weeks

Refinery maintenance season is quickly…

Energy / Oil Prices

Rising Supply Will Keep Oil Prices Rangebound

Rising Supply Will Keep Oil Prices Rangebound

Aug 28, 2018 at 16:41 | Nick Cunningham

Rising oil production from various parts of the globe could keep oil prices “range-bound” for the rest of this year. During the second quarter, fears of supply shortages began to…

Oil Markets Are In For A Bumpy Ride

Oil Markets Are In For A Bumpy Ride

Aug 20, 2018 at 16:41 | Tsvetana Paraskova

The always-volatile oil market is set for even more volatility over the next two years as investors and speculators try to make sense of the conflicting market forces determining the…

Oil Prices Jump As Saudis Cap Oil Supply

Oil Prices Jump As Saudis Cap Oil Supply

Aug 14, 2018 at 10:29 | Tsvetana Paraskova

Oil prices jumped early on Tuesday, after Saudi Arabia reported that it had cut its crude oil production in July compared to June, in a move seen as an attempt…

Iran’s Latest Tactic To Save Market Share

Iran’s Latest Tactic To Save Market Share

Aug 14, 2018 at 09:19 | Irina Slav

Iran will lower the price of its crude for Asian clients, who are its biggest buyers, Iran reported, citing a source from the country’s oil ministry who wished to…

Turkey Turmoil Drags Oil Down

Turkey Turmoil Drags Oil Down

Aug 13, 2018 at 16:28 | Nick Cunningham

OPEC reported on Monday that Saudi Arabia cut its oil production in July, a surprise move after Riyadh had pledged to ramp up output following the June meeting in…

Saudi Arabia And Iran Reignite The Oil Price War

Saudi Arabia And Iran Reignite The Oil Price War

Aug 13, 2018 at 14:26 | Tsvetana Paraskova

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the…

Oil Prices Hit 7-Week Low As Trade War Heats Up

Oil Prices Hit 7-Week Low As Trade War Heats Up

Aug 09, 2018 at 09:25 | Tsvetana Paraskova

After plummeting more than 3 percent on Wednesday, oil prices steadied early on Thursday, but still traded close to their seven-week low as the U.S.-China trade war is escalating and…

Locked Into Hedges, Shale Misses Out On Oil Price Rally

Locked Into Hedges, Shale Misses Out On Oil Price Rally

Aug 03, 2018 at 17:03 | Nick Cunningham

The shale industry is set to enjoy its best year, arguably in its history, but some drillers are not benefitting as much as expected because they locked themselves into hedges…

Analysts See WTI Oil Price Averaging $67 This Year

Analysts See WTI Oil Price Averaging $67 This Year

Jul 31, 2018 at 12:45 | Tsvetana Paraskova

WTI Crude prices are expected to average $67.32 per barrel this year, and hold steady and range-bound for the rest of 2018 and 2019, as increased supply from OPEC and…

Why All The Experts Disagree On Oil Prices

Why All The Experts Disagree On Oil Prices

Jul 26, 2018 at 15:10 | Nick Cunningham

Oil price projections are infamously all over the map, but the current chasm between various pricing forecasts is striking, offering wildly different views. On the low end we have Citibank,…

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