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Is Iran Preparing To Send Oil Back To $100?

Is Iran Preparing To Send Oil Back To $100?

Brent oil prices have failed…

Oil Poised For Steepest Weekly Decline Since July

Oil Poised For Steepest Weekly Decline Since July

Oil prices were heading for…

Energy / Oil Prices

Aramco’s Breakeven Costs Are The Lowest In The World

Aramco’s Breakeven Costs Are The Lowest In The World

Nov 12, 2019 at 09:20 | Irina Slav

Aramco has the lowest production costs for oil projects in the world, the company said in its newly released IPO prospectus, adding that partner producers such as Russia, Venezuela,…

Canadian Oil Prices Crash After Keystone Spill

Canadian Oil Prices Crash After Keystone Spill

Nov 07, 2019 at 14:21 | Nick Cunningham

Prices for Canadian oil continue to sink as the Keystone Pipeline remains offline. The pipeline sprung a leak late last month, spilling more than 9,000 barrels of oil into wetlands…

Economic Uncertainty Leaves Oil Markets Paralyzed

Economic Uncertainty Leaves Oil Markets Paralyzed

Oct 31, 2019 at 17:37 | Nick Cunningham

The Federal Reserve cut interest rates again this week, but signaled that it may be done cutting for the time being. It was the third interest rate cut this year,…

The Counterintuitive Cure For Low Oil Prices

The Counterintuitive Cure For Low Oil Prices

Oct 23, 2019 at 17:30 | Dan Steffens

Before I get into the reasoning for my belief that oil prices must go higher very soon to avoid a serious supply shortage next summer, let’s get a few things…

Russia Predicts The Death Of U.S. Shale

Russia Predicts The Death Of U.S. Shale

Oct 22, 2019 at 11:05 | Tsvetana Paraskova

U.S. shale production growth is slowing down, and America’s shale output will likely peak in the next few years, Russia’s Energy Minister Alexander Novak said on Tuesday. We see…

The Cheapest Oil Ever Sold

The Cheapest Oil Ever Sold

Oct 16, 2019 at 16:14 | Haley Zaremba

An elite government-appointed group called the National Conservation Commission is charged with taking a comprehensive inventory of natural resources in the United States and discover where resources are being inefficiently…

Saudi Revenge? Iran Reports Oil Tanker Explosion

Saudi Revenge? Iran Reports Oil Tanker Explosion

Oct 11, 2019 at 09:13 | Tsvetana Paraskova

Oil prices jumped early on Friday after Iran said that explosions hit one of its oil tankers off the Saudi port city of Jeddah in the Red Sea, damaging…

Largest Oil Traders: Oil Prices Aren’t Going Anywhere

Largest Oil Traders: Oil Prices Aren’t Going Anywhere

Oct 10, 2019 at 17:50 | Tsvetana Paraskova

Oil prices are not going anywhere, at least until this time next year. Brent Crude will still trade range-bound in the $50s a year from now, the heads of…

OPEC Chief Hints At Deeper Cuts In December

OPEC Chief Hints At Deeper Cuts In December

Oct 10, 2019 at 10:40 | Tsvetana Paraskova

All options are on the table, including a deeper cut from OPEC and its allies in December, OPEC Secretary General Mohammad Barkindo said on Thursday, as the OPEC+ coalition…

EIA Sharply Cuts Oil Price Forecast

EIA Sharply Cuts Oil Price Forecast

Oct 08, 2019 at 15:57 | Julianne Geiger

The EIA has revised downward again its oil price forecast in October’s Short Term Energy Outlook (STEO), shaving another $5 per barrel off its forecast compared to last month’s…

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