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Energy / Oil Prices

What Really Killed The Oil Price Rally

What Really Killed The Oil Price Rally

Oct 03, 2017 at 17:02 | Nick Cunningham

The oil market gained a lot of momentum in August and September, and Brent flirted with $60 per barrel toward the end of last month. But suddenly, oil prices have…

Next Week Could Be A Turning Point For The OPEC Output Deal

Next Week Could Be A Turning Point For The OPEC Output Deal

Oct 03, 2017 at 11:59 | Tsvetana Paraskova

OPEC ministers and ministers from other oil producing nations will discuss this week the progress of the production cut deal and a mechanism to monitor crude oil exports, on…

OPEC Producers Unmoved By U.S. Shale Threat In Asia

OPEC Producers Unmoved By U.S. Shale Threat In Asia

Oct 03, 2017 at 10:51 | Irina Slav

Middle Eastern oil producers are confident that strong demand for their product from Asia will keep their coffers full even as U.S. shale boomers venture into the biggest regional oil…

Say ‘So Long’ To The Oil Rally

Say ‘So Long’ To The Oil Rally

Oct 03, 2017 at 09:36 | Irina Slav

Crude oil prices extended their losing streak today as worries about once again rising global inventories frosted hopes that global supply is returning to normal. In the latest clear sign…

This Giant Oil Trader Sees Upside For Oil Prices

This Giant Oil Trader Sees Upside For Oil Prices

Oct 02, 2017 at 16:33 | Tsvetana Paraskova

More than three years after Bob Dudley said that oil prices would be lower for longer, BP’s chief executive still thinks “a price of $50 a barrel looks like…

Goldman: Expect Oil Stocks To Catch Up With Rising Oil Prices

Goldman: Expect Oil Stocks To Catch Up With Rising Oil Prices

Oct 02, 2017 at 10:51 | Tsvetana Paraskova

Shares in oil companies have underperformed the recent oil price rally, so some of those stocks are set to rise in a long-term oil price of $50-55, according to Goldman…

Traders Are Betting On $100 Oil In 2018

Traders Are Betting On $100 Oil In 2018

Sep 29, 2017 at 11:33 | Tsvetana Paraskova

While oil industry executives are preparing to live and profit in the world of $50 oil over the next few years, some enthusiast investors have been betting on $100 oil…

$60 Oil Could Revive The Eagle Ford

$60 Oil Could Revive The Eagle Ford

Sep 28, 2017 at 14:33 | Tsvetana Paraskova

The world’s hottest shale play right now, the Permian, is boosting its oil production and contributing the most to the U.S. crude output growth. Meanwhile, Texas’ other shale play, the…

The ‘’Silver Age’’ For Refiners

The ‘’Silver Age’’ For Refiners

Sep 28, 2017 at 14:24 | Nick Cunningham

Refining margins jumped after Hurricane Harvey, due to the sudden disruptions of a significant chunk of the world’s refining capacity. In fact, the outages highlight how tight global refining supply…

Oil Prices Haven’t Plateaued Yet

Oil Prices Haven’t Plateaued Yet

Sep 28, 2017 at 13:40 | Kent Moors

Only a few weeks ago, pundits were bemoaning the collapse of oil prices. Then, these self-proclaimed soothsayers became doomsayers, and started predicting oil prices would decline to $40 a barrel…

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