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An Apparently Unstoppable Oil Price Rally

An Apparently Unstoppable Oil Price Rally

There appears to be no…

The Tipping Point In Global Oil Demand

The Tipping Point In Global Oil Demand

The adoption of EVs has…

Energy / Oil Prices

U.S. Accelerates Three-Tier Plan To Reduce Oil Prices

Oct 25, 2022 at 14:58 | Simon Watkins

The immediate aftermath of the 1973/74 oil embargo in which Saudi Arabia led its OPEC brothers to block oil exports to the U.S.,…

Biden Just Put A Floor Under Oil. Will It Work?

Oct 21, 2022 at 12:06 | Irina Slav

The Biden administration is ready to sell additional volumes of crude oil from the strategic petroleum reserve after the end of the 180-million-barrel release plan and then it…

Oil Prices Crumble As Core U.S. Inflation Hits 40-Yr High

Oct 13, 2022 at 08:29 | Julianne Geiger

Oil prices fell on Thursday morning following new CPI data that showed core inflation in the United States had risen to the highest level in four decades.

Oil Prices Slide As OPEC+ Bump Wears Off

Oct 11, 2022 at 09:08 | Julianne Geiger

Oil prices slipped further on Tuesday as the market reassessed the OPEC+ production quota cut, and the IMF warned about the increased risk of a global recession.

The Radical Plans To Counter High Oil Prices

Oct 06, 2022 at 12:57 | Alex Kimani

The latest OPEC+ output cuts for November mean it’s back to the drawing board for the White House and a re-emergence of discussions about the viability of “NOPEC”,…

Oil Prices Jump As OPEC+ Considers 2 Million Bpd Production Cut

Oct 04, 2022 at 10:44 | Julianne Geiger

OPEC+ may be considering an even larger cut than previously reported—at up to 2 million bpd, anonymous delegates told media on Tuesday. As OPEC+ prepares to meet this Wednesday to…

Major Commodity Trader Sees Looming Oil Price Spikes

Sep 29, 2022 at 12:28 | Tsvetana Paraskova

While traders and investors in the paper oil market are focused on looming recessions and interest rate hikes, those on the ground – executives at oil producers and…

U.S. LNG Can Only Solve A Part Of Europe’s Gas Problem

Sep 28, 2022 at 10:01 | Irina Slav

Liquefied natural gas from the United States has turned into a lifebelt for struggling Europe as Russia cut supplies via one of the biggest gas conduits into the…

Oil Prices Could Be Set For Another Sharp Rise

Sep 28, 2022 at 09:15 | David Messler

It's been a rough couple of weeks in the energy market. As potential energy company investors, we are not sorry to see the back of last week in…

Oil Prices Are About To Reverse Course

Sep 26, 2022 at 12:03 | Irina Slav

“That would be the road to hell for America,” JP Morgan’s CEO Jamie Dimon said last week, referring to a suggestion that all big banks divest from the oil…

Fears Of Economic Slowdown Cap Crude Prices

Sep 16, 2022 at 13:19 | Tsvetana Paraskova

Oil prices have declined by around $30 a barrel since the recent peak in early June before the Fed and other central banks started aggressive interest rate hikes…

The Oil Market Isn’t Broken, It’s Just Responding To A Supply Surplus

Sep 15, 2022 at 10:58 | Alex Kimani

As oil prices continue to plunge, with the latest selloff triggered by a surprise crude build and another release from the Strategic Petroleum Reserve, commodity analysts at Standard…

Oil Gains 2% As Iran Deal Fades, Market Eyes Tight Supply

Sep 12, 2022 at 11:30 | Tom Kool

Oil prices pared some losses on Monday, with Brent gaining nearly 2% as a nuclear deal with Iran seemed to fade further away and markets refocused on Europe’s…

Oil Traders Spooked By COVID Lockdowns In China

Sep 02, 2022 at 08:00 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are trading lower for the week while testing the key technical area that has held as support for two months. The catalysts behind…

Oil Prices Fall More Than 3% As G7 Discusses Price Cap For Russian Crude

Sep 01, 2022 at 12:22 | Alex Kimani

Oil is down over 3.2% on Thursday, while a pending G7 deal to cap Russian oil prices being discussed Friday could reverse that…

Oil Falls 5% On Growing Inflation Fears

Aug 30, 2022 at 11:15 | Tom Kool

Crude prices fell more than 5% on Tuesday afternoon as a result of inflation fears and concerns about demand returned.

How Will Iran’s Return To Oil Markets Impact Prices?

Aug 29, 2022 at 08:46 | Irina Slav

The United States and Iran are in the final stages of agreeing on a new nuclear deal that could see the return of Iranian crude on international markets,…

Oil Prices Slip After Powell Warns Of Higher-For-Longer Interest Rates

Aug 26, 2022 at 10:43 | Julianne Geiger

Crude oil prices began to slip on Friday after Federal Reserve Chair Jerome Powell spoke for a mere 8 minutes, warning that there would be pain ahead. “While higher interest…

Middle East Producers Cautious With Price Hikes Amid Recession Fears

Aug 25, 2022 at 13:11 | George Barber

The life of Middle Eastern national oil companies was just too good to continue as previously, raking in unbridled profits amidst triple-digit oil prices. September 2022 is unlikely to change…

Oil Prices Flat As OPEC Reveals Export Increase

Aug 25, 2022 at 08:15 | Charles Kennedy

Crude oil exports by OPEC members have gone up by more than 200,000 bpd so far in August, PetroLogistics data has shown, as cited

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