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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

Saudi Oil Minister Hints At Post OPEC Deal Strategy

Dec 04, 2017 at 10:59 | Tsvetana Paraskova

OPEC and Russia-led non-OPEC oil producers left any ‘exit strategy’ talk out of their agreement to extend the production cut pact through the end of 2018 last week, and…

The Man Behind The Oil Price Rally

Dec 01, 2017 at 17:42 | Dan Dicker

The OPEC meeting is over and the cartel has extended production cuts throughout 2018. The decision is obviously crucial to supporting oil prices, but perhaps an even bigger story…

Russia Ups Oil Price Forecast For 2018

Dec 01, 2017 at 09:23 | Irina Slav

Russia’s Economy Ministry will increase its forecast for the price of the country’s Urals oil blend for 2018, following the extension of the OPEC/non-OPEC production cut agreement extension, announced yesterday…

The Oil Information Cartel Is (Finally) Broken

Nov 28, 2017 at 12:15 | Keith Schaefer

The below article was written by Keith Schaefer of Oil and Gas Investments BulletinA determined James Stafford of OilPrice.com just busted wide open an oil industry information…

Oil Prices Could Jump To $80 Next Year

Nov 27, 2017 at 12:01 | Tsvetana Paraskova

Strong global economic growth and Saudi Arabia bringing a risk premium to oil prices could send Brent oil prices surging to $80 next year, more than 25 percent…

Citi: Prepare For An OPEC Disappointment

Nov 24, 2017 at 14:36 | Nick Cunningham

A week out from the OPEC meeting, everyone is assuming a rollover of the production cuts for an additional nine months will be a simple formality, putting the limits in…

WTI Prices Surge On Keystone Spill

Nov 23, 2017 at 12:02 | Nick Cunningham

Oil prices surged on Wednesday on news that the Keystone pipeline might not restart for several weeks. The outage at the damaged pipeline ended several years of contango for…

Shale Hedges Threaten The Oil Rally

Nov 22, 2017 at 14:31 | Nick Cunningham

The 20 percent increase in oil prices since September led to a wave of hedging by U.S. shale drillers eager to lock in future production at prices not seen in…

Has The Big Oil Fire Sale Started?

Nov 21, 2017 at 14:43 | Irina Slav

The world’s largest sovereign wealth fund is exiting the oil market—a fact that is sure to have shaken Big Oil to the core. Divesting $35 billion worth of supermajor…

Short Bets On Oil Spike Ahead Of OPEC Meeting

Nov 20, 2017 at 09:36 | Irina Slav

Short bets on Brent crude jumped by the most since June last week, signaling the return of uncertainty that OPEC will agree to extend the oil production cut deal it…

Oil Prices Could Double If Middle East Conflict Escalates

Nov 16, 2017 at 17:06 | Peter Tertzakian

Barrel traders recently pushed the price of West Texas Intermediate (WTI) oil above $US 55; the first time in over two years. Scarcity doesn’t really justify the upward price movement.…

The IEA Is Grossly Overestimating Shale Growth

Nov 16, 2017 at 16:58 | James Stafford

This week, the IEA said that U.S. shale would dominate the oil and gas markets over the next decade, rising to “a level 50 percent higher than any other…

Oil Prices Nosedive On Bearish IEA Report

Nov 14, 2017 at 10:34 | Charles Kennedy

Oil prices are cratering after the IEA said that global oil demand is actually much weaker than everyone thought. The IEA lowered its demand forecast by 50,000 bpd in 2017…

North Sea Oil In Urgent Need Of A Major Discovery

Nov 10, 2017 at 16:48 | Ron Patterson

Short-term trends for UK oil and gas production and, to a lesser extent, Norway can be rendered a bit meaningless by seasonal impacts from summer maintenance turn-arounds and cyclic gas…

Oil Pulls Back After U.S. Rig Count Sees Significant Increase

Nov 10, 2017 at 12:15 | Julianne Geiger

Baker Hughes has reported that the number of oil and gas rigs in the United States rose this week, bucking the downward trend of recent weeks.  The number of oil…

Is OPEC Deal Compliance About To Crash?

Nov 09, 2017 at 15:50 | Tsvetana Paraskova

OPEC is declaring victory in its efforts to rebalance supply and demand and bring the oil market back to stability—its favorite proxy buzzword for less volatile and relatively high oil…

OPEC Eyes $70 Oil

Nov 07, 2017 at 14:54 | Tsvetana Paraskova

Brent prices hit $60 a barrel 10 days ago and have maintained that level ever since, sparking talk that this could be the new floor under oil prices and that…

Why Oil Prices Will Keep Moving Up

Nov 07, 2017 at 14:46 | Kent Moors

Crude oil prices were have hit a two-year highs. Despite the misgivings of some pundits who view oil simply as a means for making money from short plays, the global…

OPEC: U.S. Shale To Rise Much Faster Than Expected

Nov 07, 2017 at 11:49 | Tsvetana Paraskova

Higher oil prices, robust oil demand growth, and higher upstream activity will lead to faster-than-previously-expected growth in U.S. shale production until 2022, OPEC said in its World Oil Outlook…

Can Oil Prices Hit $65 This Week?

Nov 07, 2017 at 09:07 | Irina Slav

Brent crude, the international benchmark, closed above US$64 a barrel for the first time since mid-2015 yesterday, and WTI settled at over US$57 as a string of political arrests…

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