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Rising Middle East Risk Sparks Fear of $100 Oil

Rising Middle East Risk Sparks Fear of $100 Oil

In case of further escalation,…

Geopolitical Tensions Fail to Spark Oil Price Surge

Geopolitical Tensions Fail to Spark Oil Price Surge

The fluctuating prices in response…

Energy / Oil Prices

Goldman Expects Extreme Volatility In Oil Markets This Month

Nov 21, 2018 at 09:11 | Irina Slav

Goldman Sachs expects the heightened oil price volatility that began last week to continue into the next few weeks, the investment bank said in a note to clients…

Is There Any Hope Left For Oil Bulls?

Nov 20, 2018 at 17:25 | Tsvetana Paraskova

Oil prices are off 25 percent from their four-year highs reached in early October, after the massive sell-off that began later that month which dragged crude oil squarely into bear…

Can We Expect A Major Rebound In Oil Prices?

Nov 16, 2018 at 16:31 | Nick Cunningham

After declining by more than 20 percent from the October peak, oil prices are showing some signs that they have now bottomed out. WTI hit a low point at $56…

Russia’s Most Powerful Oilman: We're Fine With Any Oil Price

Nov 15, 2018 at 09:21 | Irina Slav

Rosneft is fine with any level of oil prices, chief executive Igor Sechin told Kommersant radio station as quoted by news agency TASS. "We manage risks. If prices fall,…

Oil Rebounds After Biggest Daily Loss In 3 Years

Nov 14, 2018 at 09:27 | Irina Slav

Crude oil prices crashed yesterday, losing 7 percent in just one day, which was the biggest daily loss in three years and today continued down in early trading as headwinds…

Oil Prices Plunge Below $15 In Canada

Nov 13, 2018 at 10:45 | Nick Cunningham

Canadian oil prices briefly plunged as low as $15 per barrel last week, after a U.S. federal judge blocked the construction of the Keystone XL pipeline. Canada’s oil industry…

Oil Prices Are Not Falling Off A Cliff Anytime Soon

Nov 12, 2018 at 16:56 | David Messler

We entered the fourth quarter of 2018 with some anticipation. Driving this was the advent of complete sanctions imposed by the American government on Iran. The arrival of these sanctions…

Oil Prices Rise As Saudis Cut Exports

Nov 12, 2018 at 09:19 | Irina Slav

Less than two months after Khalid al-Falih’s assurances that Saudi Arabia will produce and export enough oil to keep prices steady, the Kingdom’s Energy Minister has said that exports would…

The New Bear Market In Oil

Nov 09, 2018 at 17:17 | Nick Cunningham

WTI dipped below $60 per barrel in early trading on Friday, the lowest price level in nearly a year. With prices down more than 20 percent from the October peak,…

Cramer: WTI Could Drop To $40s In ‘Ferocious’ Bear Market

Nov 08, 2018 at 12:57 | Tsvetana Paraskova

WTI Crude prices could drop into the $40s, with the U.S. oil benchmark in a ‘ferocious’ bear market, analyst and CNBC host Jim Cramer said on Thursday. WTI…

Oil Heads South On Mixed Signals From OPEC

Nov 08, 2018 at 10:14 | Tim Daiss

There was a hint that something like this could happen, and now it’s here. When oil prices were spiking at the beginning of last month, hitting four years highs, with…

Why Oil Prices Will Fall In 2019 And Beyond

Nov 05, 2018 at 13:12 | Nick Cunningham

The decision by the U.S. to grant waivers to eight countries, allowing them to continue to import oil from Iran, has helped ease the tension in the oil market.…

Crude Recovery Hinges On U.S.-China Trade Deal

Nov 02, 2018 at 17:33 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures opened the new month under pressure, continuing the assault on prices that began on the third day of trading in October when the…

What’s Behind The Continued Selloff In Oil?

Oct 31, 2018 at 18:29 | Nick Cunningham

Investors are growing increasingly pessimistic about the direction that the oil market is heading in, and their negative outlook is helping to drag down crude oil prices. Hedge funds and…

The Lucky Few In Canada’s Oil Patch

Oct 26, 2018 at 09:15 | Irina Slav

In a fascinating twist of price trends, a barrel of Canadian heavy crude that is selling for less than US$20 a barrel in Alberta could sell for three times that…

What’s Behind The Latest Oil Price Plunge?

Oct 24, 2018 at 17:30 | Tsvetana Paraskova

The mercurial nature of the oil market has flipped the mood in the past two weeks from hysterical expectations of severely reduced supply from Iran to concerns over the pace…

Middle East Crude Oil Prices Tumble After Global Sell-Off

Oct 24, 2018 at 12:06 | Tsvetana Paraskova

Tuesday’s massive sell-off in the global crude oil markets spread on Wednesday to the Middle East crude oil complex, where prices for December cash Dubai—the nearest month trading in October—plunged…

The Quiet Swing Producers: Iraq, Libya, Nigeria

Oct 24, 2018 at 09:10 | Irina Slav

With the whole oil world watching the latest news around Iran and the U.S. sanctions that seek to reduce its exports of crude to zero, an announcement by Iraq’s Energy…

Oil Prices Tank Amid Global Stock Market Rout

Oct 23, 2018 at 11:51 | Julianne Geiger

Oil prices fell sharply in morning trade on Tuesday, with the key benchmarks WTI and Brent crude falling more than 4 percent as Dow Jones, S&P 500, and Nasdaq…

Can We Expect A Rebound Rally Next Week?

Oct 19, 2018 at 17:25 | Jim Hyerczyk

U.S. West Texas Intermediate and International-benchmark Brent crude oil futures are trading higher on Friday after a steep sell-off the past two sessions. The markets are trading inside Thursday’s range…

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