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Energy / Oil Prices

What Apple’s Tailspin Means For Oil Prices

What Apple’s Tailspin Means For Oil Prices

Jan 08, 2019 at 11:18 | Tim Daiss

Global equity markets are entering the New Year in the doldrums and are spooking traders and investors alike, closely mirroring the decline in manufacturing growth in both the U.S.…

Canadian Oil Prices Reach 12-Month High

Canadian Oil Prices Reach 12-Month High

Jan 08, 2019 at 09:20 | Irina Slav

Canadian crude oil hit the highest price level in more than a year on growth in oil-by-rail shipments, Bloomberg reports based on data about price movements for the commodity…

The Overlooked Factor Driving The Rally In Oil

The Overlooked Factor Driving The Rally In Oil

Jan 07, 2019 at 16:52 | Irina Slav

The overall sentiment among oil traders is wary these days. The OPEC+ production cuts went into effect at the start of 2019, but it’s too early to say who is…

Is WTI Set To Rally?

Is WTI Set To Rally?

Jan 07, 2019 at 13:56 | Tsvetana Paraskova

U.S. crude oil prices hit the lowest in 18 months in the last week of 2018, having slumped by nearly 40 percent from four-year highs hit in early October. In…

Oil Rises On Hopes Of A U.S.-China Trade Deal

Oil Rises On Hopes Of A U.S.-China Trade Deal

Jan 04, 2019 at 08:47 | Irina Slav

After starting the New Year in the red, crude oil stabilized higher today on reports that China plans to hold talks with the United States next week to settle their…

Is Trump Really Responsible For Lower Oil Prices?

Is Trump Really Responsible For Lower Oil Prices?

Jan 03, 2019 at 14:13 | Nick Cunningham

President Trump boasted of low gasoline prices on Wednesday, taking credit for the recent market meltdown. “People see the job we’re doing. People see that gasoline is way down. And…

U.S. Gasoline Prices Could Be About To Skyrocket

U.S. Gasoline Prices Could Be About To Skyrocket

Jan 03, 2019 at 09:19 | Irina Slav

Gasoline prices at the pump are at more than a year’s low, but this may change in the coming months, according to the head of petroleum analysis at GasBuddy, Patrick…

Oil Prices Rise As Saudi Oil Exports Plummet

Oil Prices Rise As Saudi Oil Exports Plummet

Jan 02, 2019 at 14:22 | Julianne Geiger

Saudi Arabia’s oil exports plummeted in the last month of 2018, reassuring oil markets that OPEC’s de facto leader may have enough fortitude to carry the water of the cartel…

Why 2019 Could Start With An Oil Rally

Why 2019 Could Start With An Oil Rally

Dec 31, 2018 at 12:06 | Nick Cunningham

Oil prices have regained significant ground since the Christmas Eve meltdown, and there is potential for higher prices in the weeks ahead. Trying to guess what will happen next with…

Oil Set For First Annual Drop In Three Years

Oil Set For First Annual Drop In Three Years

Dec 31, 2018 at 09:26 | Irina Slav

Despite a slight recovery in oil prices on the last day of 2018, benchmarks are set for their first overall annual decline since 2015, Reuters reports, noting since the…

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