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Energy / Oil Prices

Saudis Raise Crude Oil Prices To Asia

Saudis Raise Crude Oil Prices To Asia

Dec 05, 2017 at 09:38 | Tsvetana Paraskova

On the back of a stronger Dubai benchmark and solid demand in Asia, Saudi Arabia has raised the official selling prices (OSPs) of all its crude grades to Asia for…

Saudi Oil Minister Hints At Post OPEC Deal Strategy

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

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

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

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

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

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

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

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?

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…

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