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Has OPEC Been Too Successful?

Has OPEC Been Too Successful?

While OPEC and Russia continue…

Energy / Oil Prices

Saudis Slash Oil Price To Save U.S. Market Share

Saudis Slash Oil Price To Save U.S. Market Share

Jan 05, 2018 at 08:54 | Irina Slav

Saudi Aramco has cut the price of Arab Light for the U.S. market further for February despite shipping record-low amounts to its biggest customer. U.S. refiners will receive Arab…

What Is Keeping Oil From Breaking $70?

What Is Keeping Oil From Breaking $70?

Jan 04, 2018 at 14:36 | Nick Cunningham

The protests in Iran have helped push oil prices up to fresh multi-year highs this week, but a lot of questions remain about the durability of the oil price…

2018: The Year Of The Oil Bulls

2018: The Year Of The Oil Bulls

Jan 02, 2018 at 14:42 | Irina Slav

Oil started this year with further price gains despite the quick restart of the Forties pipeline and the equally quick repairs of a pipeline in Libya, where a pipeline blast…

Oil Sees Strongest Start Of Year Since 2014

Oil Sees Strongest Start Of Year Since 2014

Jan 02, 2018 at 09:34 | Irina Slav

Brent crude and West Texas Intermediate started trading in 2018 above US$60 a barrel both for the first time since January 2014, before prices collapsed. WTI hit a high of…

The Biggest Oil Story Of 2017

The Biggest Oil Story Of 2017

Dec 28, 2017 at 10:58 | Nick Cunningham

There have been plenty of eye-catching stories in the energy industry this year, but one notable development has been the rise of the U.S. as a crude oil exporter. The…

Analysts See WTI Averaging $56 In 2018

Analysts See WTI Averaging $56 In 2018

Dec 28, 2017 at 10:29 | Tsvetana Paraskova

Expectations of robust oil demand growth and high OPEC and allies’ commitment to the production cuts have prompted analysts to raise again their forecast for oil prices in 2018, and…

Libyan Pipeline Explosion Pushes Brent Prices Upward

Libyan Pipeline Explosion Pushes Brent Prices Upward

Dec 26, 2017 at 10:25 | ZeroHedge

After a quiet overnight session, the price of Brent Crude spiked following news of an explosion at a Libyan crude oil pipeline that feeds the Es Sider sea terminal -…

WTI In 2018

WTI In 2018

Dec 22, 2017 at 13:29 | Martin Tillier

As much as I love Christmas and year end celebrations, this is not a great time of year for me for one reason. The expectation is that I will write…

Goldman: Oil Markets To Balance Sooner Than Expected

Goldman: Oil Markets To Balance Sooner Than Expected

Dec 22, 2017 at 13:25 | Tsvetana Paraskova

One of the biggest investment banks is one of the most bullish voices in predicting the state of the oil market next year. Goldman Sachs is more optimistic about the…

WTI In 2018

WTI In 2018

Dec 22, 2017 at 13:22 | Martin Tillier

As much as I love Christmas and year end celebrations, this is not a great time of year for me for one reason. The expectation is that I will write…

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