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Energy / Oil Prices

Oil trading

Don’t Expect Oil Prices To Go Much Higher This Year

Sep 30, 2019 at 09:34 | Tsvetana Paraskova

As sudden oil supply disruptions are offset by faltering demand growth, oil prices are expected to hold steady and near their current levels through the rest of this year, the…

Riyadh

Oil Plunges After Saudi Arabia Announces Yemen Ceasefire

Sep 27, 2019 at 09:16 | Irina Slav

Oil prices fell sharply today after Saudi Arabia agreed to a partial ceasefire in Yemen, the Wall Street Journal reported, citing unnamed sources familiar with the move. The Houthi…

Oil pipeline

Is Oil Poised For A Breakout?

Sep 23, 2019 at 17:05 | Nick Cunningham

Oil prices are now only slightly higher than they were prior to the Abqaiq attack, but the outage injected a dose of upside risk to the oil market, which may…

New York

Oil Prices Drop As Markets Await Washington’s Response To Saudi Attack

Sep 18, 2019 at 17:51 | Nick Cunningham

It was a wild ride, but oil prices fell again on Wednesday, pushing them back near levels seen earlier this month. Despite the largest supply outage in oil market history,…

Gasoline Pump

Gas Price Jump Imminent Following Saudi Attacks

Sep 18, 2019 at 13:06 | ZeroHedge

The attack on a Saudi Arabia oil facility, now being blamed on Iran, that caused crude oil futures to spike more than 10% to…

Mid East

Why Oil Prices Just Fell 6%

Sep 17, 2019 at 10:20 | Julianne Geiger

Oil prices fell sharply on late Tuesday morning as Reuters reported that Saudi Arabia’s oil output may return to normal more quickly than earlier reports had suggested. Oil production…

Deera square Riyadh

Oil Prices Close 15% Higher On Record Trading Day

Sep 16, 2019 at 16:06 | Nick Cunningham

Oil prices spiked on Monday, two days after the largest oil disruption in history took place. Saudi Arabia lost 5.7 million barrels per day (mb/d) of production after the…

Crude trading

Platts: Oil Could Test $80 After Attacks In Saudi Arabia

Sep 16, 2019 at 09:14 | Tsvetana Paraskova

Oil prices could test the US$80 a barrel Brent Crude price, following the attacks on the Abqaiq facility and the Khurais oil field in Saudi Arabia this weekend, S&P…

Drone strike

Oil Price Explosion – Brent Crude Jumps 20%

Sep 15, 2019 at 18:01 | ZeroHedge

Traders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. And moments ago, Brent crude…

Dollars on fire

Can Oil Survive The Looming Economic “Ice Age?”

Sep 13, 2019 at 16:46 | Kurt Cobb

Albert Edwards turned bearish on stocks back in 1996—well, not exactly bearish, but cautious. He recommended to clients that they overweight long-term, high-quality bonds and therefore underweight stocks in…

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