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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

Why Oil Prices Rose And Crashed In 2018

Why Oil Prices Rose And Crashed In 2018

Dec 28, 2018 at 12:27 | Robert Rapier

Last week the price of West Texas Intermediate (WTI) crude oil, the primary U.S. benchmark, fell to a 17-month low. The price, $45.88/bbl, marks a stunning fall from a price that closed…

Why Russia Isn’t Worried About Lower Oil Prices

Why Russia Isn’t Worried About Lower Oil Prices

Dec 27, 2018 at 11:06 | Nick Cunningham

Even as Saudi Arabia has scrambled to prevent a bust in the oil market, so far failing to head off a dramatic price slide, Russia seems just fine with prices…

Russia Blames Fed Interest Hike For Low Oil Prices

Russia Blames Fed Interest Hike For Low Oil Prices

Dec 27, 2018 at 10:27 | Tim Daiss

It seems that the Federal Reserve can’t get a break. For months, President Trump has been increasingly criticizing the Fed’s policy of incrementally increasing interest rates, a near-unprecedented move for…

Falling Oil Prices May Spark New Debt Crisis

Falling Oil Prices May Spark New Debt Crisis

Dec 26, 2018 at 09:00 | Tsvetana Paraskova

U.S. oil prices at below $50 and now even below $45 a barrel could cause concerns about the debt levels of some energy companies, Nasdaq energy analyst Tamar Essner told…

Oil Stabilizes At $50 After Christmas Crash

Oil Stabilizes At $50 After Christmas Crash

Dec 26, 2018 at 08:42 | Irina Slav

Crude oil prices rose on Boxing Day after an extensive decline that saw West Texas Intermediate creep close to US$40 and Brent briefly fall below US$50 a barrel. Today at…

UBS: Expect $80 Brent Next Year

UBS: Expect $80 Brent Next Year

Dec 21, 2018 at 09:43 | Irina Slav

Unlike some investment banks that were quick to revise down their forecast for crude oil benchmarks next year, Swiss UBS is rather bullish: its head of asset allocation for APAC,…

Interest Rate Hike Hits Oil Hard

Interest Rate Hike Hits Oil Hard

Dec 20, 2018 at 15:48 | Nick Cunningham

Oil prices have been slammed over the past week, dragged down by a variety of forces, including soaring U.S. shale production, higher-than-expected output from Russia, and worries about global demand.…

What’s Behind The Crash In Crude?

What’s Behind The Crash In Crude?

Dec 18, 2018 at 15:51 | Nick Cunningham

Oil prices crashed to new one-year lows on Tuesday, dragged down by a deepening sense of global economic gloom as well as fears of oversupply in the oil market itself.…

Canadian Crude Price Spike Won’t Last

Canadian Crude Price Spike Won’t Last

Dec 13, 2018 at 08:40 | Irina Slav

Earlier this week Bloomberg reported that Canadian heavy crude prices had soared so high after the institution of a production cut in Alberta that some producers were already finding…

Global Market Turbulence Caps Oil Prices

Global Market Turbulence Caps Oil Prices

Dec 11, 2018 at 16:58 | Nick Cunningham

The ink has barely dried on the highly-anticipated OPEC+ deal, but the oil market is moving on, growing concerned about other issues. Oil prices gained around 4 percent immediately after…

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