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Why We Should Worry About Low Oil Prices

Why We Should Worry About Low Oil Prices

Though the consensus is that…

Energy / Oil Prices

$100 Oil Is A Distinct Possibility

$100 Oil Is A Distinct Possibility

Sep 24, 2018 at 16:50 | Nick Cunningham

An oil price spike is starting to look increasingly possible, with a rerun of 2008 not entirely out of the question, according to a new report. The outages from Iran…

JP Morgan: Expect Brent Oil To Reach $90 On Iran Sanctions

JP Morgan: Expect Brent Oil To Reach $90 On Iran Sanctions

Sep 24, 2018 at 11:59 | Tsvetana Paraskova

JP Morgan expects Brent Crude to hit $85 a barrel over the next six months—with a spike to $90 likely—as the investment bank raised its oil price projections to…

OPEC Meeting Sets Oil Markets Up For A Price Spike

OPEC Meeting Sets Oil Markets Up For A Price Spike

Sep 24, 2018 at 10:58 | Cyril Widdershoven

The OPEC/ non-OPEC JMCC meeting in Algiers has provided a very diffuse outcome. Oil markets seem to be heading to a state of instability, as oil supplies come under severe…

Iran Terror Attack Boosts Oil Prices More Than OPEC Meeting

Iran Terror Attack Boosts Oil Prices More Than OPEC Meeting

Sep 24, 2018 at 08:21 | Tsvetana Paraskova

The weekend terrorist attack in Iran could be more important to oil prices than Sunday’s OPEC meeting, as the attack could exacerbate a rivalry in the most crucial oil-producing region…

Why WTI Could Crash In The Coming Weeks

Why WTI Could Crash In The Coming Weeks

Sep 17, 2018 at 14:41 | Irina Slav

West Texas Intermediate could drop to US$65 a barrel later this year on the back of extra maintenance work at U.S. refineries, Tom Kloza from the Oil Price Information Service…

IEA: Tight Markets To Push Oil Prices Above $80

IEA: Tight Markets To Push Oil Prices Above $80

Sep 13, 2018 at 17:41 | Nick Cunningham

The oil market is “tightening up,” according to a new report from the International Energy Agency (IEA). At first glance, the headline figures don’t look so bad. Global supply surpassed…

Hurricane Danger Lifts Oil Prices

Hurricane Danger Lifts Oil Prices

Sep 11, 2018 at 10:10 | Irina Slav

Hurricane Florence, which is moving towards the U.S. East Coast, helped push prices higher today and will continue to act as a tailwind for West Texas Intermediate until at least…

OPEC Outages Are Driving Up Oil Prices

OPEC Outages Are Driving Up Oil Prices

Sep 10, 2018 at 17:33 | Nick Cunningham

Geopolitics is once again driving oil prices, and after a pause this summer, tension and unrest could be back at the top of the agenda. Last week, rioters burned…

Saudi Arabia's Oil Price Sweet Spot

Saudi Arabia's Oil Price Sweet Spot

Sep 05, 2018 at 10:03 | Tsvetana Paraskova

Saudi Arabia is looking to manage the oil market in a way that would keep oil prices in the $70 to $80 band for the time being, as the Kingdom…

Say Goodbye To Cheap Oil… For Now

Say Goodbye To Cheap Oil… For Now

Sep 04, 2018 at 17:05 | Nick Cunningham

Oil prices will be much higher over the next few years than previously thought, according to a new report from Barclays. The investment bank significantly raised its pricing forecast for…

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