• 4 hours Thanksgiving Gas Prices At 3-Year High
  • 8 hours Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
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  • 7 days OPEC To Recruit New Members To Fight Market Imbalance
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  • 8 days Saudi Aramco To Invest $300 Billion In Upstream Projects

Breaking News:

Thanksgiving Gas Prices At 3-Year High

Why Oil Prices Will Keep Moving Up

Why Oil Prices Will Keep Moving Up

With oil smashing through two-year…

Energy / Oil Prices

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…

Aramco Optimizes Oil Trading Operations Ahead Of IPO

Aramco Optimizes Oil Trading Operations Ahead Of IPO

Sep 28, 2017 at 09:37 | Irina Slav

Saudi Aramco will enter crude oil trading as part of valuation-boosting efforts ahead of its planned IPO in 2018, unnamed sources close to the company told Reuters. Aramco Trading…

Oil Prices At A Ceiling, Or Just Getting Started?

Oil Prices At A Ceiling, Or Just Getting Started?

Sep 27, 2017 at 17:08 | Nick Cunningham

Oil moved back into bull market territory this week, with Brent prices jumping to a more than two-year high at $58 per barrel. A confluence of events has given…

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