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Clean Oil That Only Costs $20

Clean Oil That Only Costs $20

As the shale revolution is…

Has OPEC Been Too Successful?

Has OPEC Been Too Successful?

While OPEC and Russia continue…

Energy / Oil Prices

What Will Drive The Next Oil Price Crash?

What Will Drive The Next Oil Price Crash?

Dec 21, 2017 at 13:24 | Tsvetana Paraskova

As we roll into 2018, analysts and investors are more optimistic that the oil market will further tighten next year and support higher oil prices, but rising U.S. shale production…

Hedge Funds Bullish On Oil For 2018

Hedge Funds Bullish On Oil For 2018

Dec 19, 2017 at 13:13 | Tsvetana Paraskova

Money managers increased their net bullish bets on Brent Crude to a record high last week, while net longs on WTI were close to a nine-month high, in a…

OPEC vs IEA: Who’s Right On Oil Prices?

OPEC vs IEA: Who’s Right On Oil Prices?

Dec 18, 2017 at 14:24 | Irina Slav

Last week, the International Energy Agency made a lot of OPEC brows furrow when it warned that 2018 may not be a very happy new year for the cartel.…

The 5 Oil Factors To Watch In 2018

The 5 Oil Factors To Watch In 2018

Dec 15, 2017 at 15:57 | Nick Cunningham

Oil prices are set to close out the year somewhere around 15 percent up, and the oil market looks more stable than it has in years. But what does 2018…

Canadian Oil Prices Plunge To $30

Canadian Oil Prices Plunge To $30

Dec 15, 2017 at 15:52 | Nick Cunningham

Oil from Canada’s oil sands is now selling at a $27-per-barrel discount relative to WTI, the sharpest difference in more than four years. Western Canada Select (WCS), a benchmark for…

Why Is Canadian Oil So Cheap?

Why Is Canadian Oil So Cheap?

Dec 12, 2017 at 09:00 | Irina Slav

Western Canadian heavy crude’s price discount to WTI widened to the most in three years, at US$23 for the January contract and US$27 for the December contract, after Enbridge

Brent Spikes As This Major Pipeline Breaks Down

Brent Spikes As This Major Pipeline Breaks Down

Dec 11, 2017 at 16:07 | Nick Cunningham

A crucial pipeline in the North Sea has been shut down due to a crack, causing Brent crude prices to spike on Monday afternoon. In fact, Ineos, the operator…

Oil Prices Rise On Solid Chinese Demand

Oil Prices Rise On Solid Chinese Demand

Dec 08, 2017 at 11:25 | Tsvetana Paraskova

Oil prices rose on Friday morning after Chinese data showed that China’s crude oil imports rose to the second-highest on record in November, and after U.S. total non-farm payroll employment…

Analysts Raise 2018 Oil Price Forecasts After OPEC Deal

Analysts Raise 2018 Oil Price Forecasts After OPEC Deal

Dec 06, 2017 at 11:00 | Tsvetana Paraskova

The extension of the OPEC and allies’ production cut deal through the end of 2018 is sending a stronger signal that the oil market rebalancing could speed up and send…

OPEC’s Latest Agreement May Not Stabilize Oil Prices

OPEC’s Latest Agreement May Not Stabilize Oil Prices

Dec 05, 2017 at 11:14 | Stuart Burns

The 14-strong Organisation of Petroleum Exporting Countries (OPEC), along with 10 oil states outside of the cartel, has reached an agreement to limit oil output until the end of 2018.…

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