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Basrah tankers

Asian Oil Buyers Unfazed By Iran Crisis

Oil prices rose and fell…

Drilling crew

Oil Will Stay Above $50 Per Barrel In 2020

Energy markets have started the…

Energy / Oil Prices

oil jacks

The Downside Risk For Oil Prices Is Undeniable

Aug 21, 2019 at 15:09 | Osama Rizvi

Inverting yield curves, a shrinking German economy, Brexit, two trade wars, tariffs and slowing industrial activity in China are all pointing to the possibility of a recession. Even…


Iraq Moves To Upgrade Oil Export Capacity

Aug 16, 2019 at 15:13 | Simon Watkins

Two factors make the urgent build-out of Iraq’s ailing and inadequate oil export infrastructure more essential than ever. The first is the increasingly dangerous security situation in the Persian Gulf…

Trade War

Oil Markets Face Nightmare Scenario

Aug 14, 2019 at 17:12 | Nick Cunningham

Oil prices rose sharply on Tuesday after President Trump decided to delay tariffs, recognizing the negative impact tariffs would have on the U.S. economy. But by Wednesday, oil prices…

al Falih

Saudis Consider All Options Amid Oil Price Slide

Aug 12, 2019 at 17:20 | Nick Cunningham

Last week, oil prices were in free fall, but all it took was a simple rumor to halt the meltdown. WTI was just a whisker away from sub-$50 territory, and…

Cactus 2 pipeline

Texas Crude Is Fetching Better Prices

Aug 12, 2019 at 14:43 | Nick Cunningham

Several major oil pipelines connecting West Texas to the Gulf Coast are set to come online in the next few weeks and months, allowing more Permian oil to hit the…


Oil Rises As Market Awaits Saudi Move Counter Glut

Aug 09, 2019 at 09:16 | Tsvetana Paraskova

Despite another gloomy demand forecast out today, oil prices rose on Friday morning, following reports that OPEC’s kingpin Saudi Arabia is talking to other producers to devise a new strategy…

Dollar Yuan

Oil Craters On Fears of Currency War

Aug 07, 2019 at 15:17 | Nick Cunningham

Oil prices plunged on Wednesday as fears of economic recession rose after a wave of interest rate cuts from around the world. In rapid succession, the central banks of India,…

EV charging

The Threat That Will Send Oil Down To $10

Aug 06, 2019 at 10:31 | Nick Cunningham

Oil prices will need to trade at around $9 to $10 per barrel in the long run if gasoline is going to be able to compete with…

oil rig

Oil Crashes On New Trade War Escalation

Aug 05, 2019 at 15:23 | Nick Cunningham

Oil resumed its decline on Monday after China showed signs of not backing down in the face of more tariffs from the United States. It wasn’t just oil. Financial markets…

Bank of Canada

Here’s Why Canadian Oil Prices Are Finally Rallying

Aug 05, 2019 at 12:17 | Tsvetana Paraskova

“The pipeline companies are getting pretty creative on how they’re expanding some capacity out of the country,” Keith Chiasson, Executive Vice-President, Downstream at Cenovus Energy, said on the Q2…

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