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Energy / Oil Prices

Oil Glut Compounded By Cracks In Global Economy

Feb 10, 2016 at 14:35 | Nick Cunningham

Will oil go below $20? Jeffrey Currie, the head of commodities research at Goldman Sachs, said on Bloomberg TV on Tuesday that he wouldn’t be…

Could Gasoline Drop Below $1 Per Gallon?

Feb 10, 2016 at 10:50 | Charles Kennedy

Retail gasoline prices have dipped below $2 per gallon across the United States. But gas might drop below $1 per gallon soon in some places of…

IEA: No Oil Price Rally In The Short Term

Feb 09, 2016 at 16:50 | Nick Cunningham

“It is very hard to see how oil prices can rise significantly in the short term.” For oil prices, the “short term risk to the downside…

Computerized Trading Creating Oil Price Volatility

Feb 08, 2016 at 15:50 | Leonard Brecken

Recently, I dedicated some time studying in much further depth the explosion in volatility in the broader market as well as in underlying stocks. We…

No Agreement on OPEC Meeting After Venezuela Meets With Saudi Arabia

Feb 08, 2016 at 11:21 | Charles Kennedy

The prospects for an emergency OPEC meeting to initiate coordinated production cuts took a hit this weekend. Venezuela’s oil minister Eulogio del Pino flew to Riyadh to meet with Saudi…

Despite Huge Losses Oil Companies Reluctant To Shut In Production

Feb 05, 2016 at 17:12 | Nick Cunningham

As energy investors look for reasons to be optimistic, many are keeping close tabs on supply figures. There are some signs that supply is taking a…

A Significant Fundamental Shift for Oil Amongst All of the Noise

Feb 05, 2016 at 16:38 | Martin Tillier

It has been another wild week for those of us that track and trade the oil market. It started with a two day decline of nearly…

Fundamentals For Oil Still Bearish, But Sentiment Is Shifting

Feb 03, 2016 at 11:16 | Charles Kennedy

Oil speculators spent the latter half of 2015 with an incredibly pessimistic view of the trajectory for oil prices. Speculators piled into short positions, pushing net-shorts…

Signs Of A Shift In Sentiment Are There, But Where Is The Catalyst?

Jan 30, 2016 at 09:19 | Jim Hyerczyk

March Crude Oil Analysis If you’re watching crude oil prices every day, you will probably say the market is volatile, choppy and directionless. If you’re watching it on a weekly…

Weak Economy Could Stifle Oil Price Rally

Jan 28, 2016 at 15:43 | Leonard Brecken

As I have explained previously, the main drivers for a sustained oil price recovery – if we shove aside all the media noise and fundamentals…

Rumors of OPEC-Russia Coordination Send Oil Prices Surging

Jan 27, 2016 at 11:58 | Charles Kennedy

Oil prices surged by midday on Wednesday on comments from Russian officials hinting at possible coordination with OPEC on production cuts in an effort to arrest…

Only Recession Can Prevent An Oil Price Spike

Jan 26, 2016 at 17:13 | Nick Cunningham

The biggest result from the collapse in oil prices could be a future price spike. Oil prices at $30 per barrel have put most producers under…

Weak Global Economic Growth Linked To Oil Price Collapse

Jan 26, 2016 at 12:31 | Editorial Dept

We begin with a quick look at some of the critical figures and data in the energy markets this week before looking at some of the key market movers and…

How Soon Could A Sustained Oil Price Rally Occur?

Jan 22, 2016 at 17:38 | David Yager

There’s an old saying in journalism that goes, “Never let the facts ruin a good story.” This accurately describes what should be called The Incredible Shrinking…

Today’s Trading Could Set Bullish Tone For Oil Next Week

Jan 22, 2016 at 16:33 | Jim Hyerczyk

March Crude Oil Analysis This week starts with March Crude Oil futures in basically the same position as last week. The main trend is down according to the weekly swing…

Risk Premium Returns To Oil Markets As Geopolitical Tensions Rise

Jan 22, 2016 at 16:32 | Argus Media

Geopolitical risk premiums are likely to return to oil markets as the possibility of an attack on a large petroleum facility grows significantly amid rising…

Analysts See 2016 Oil Price Rise, While Traders Bet On Fall

Jan 22, 2016 at 10:45 | Michael McDonald

Investors trying to decide how to approach the oil markets in 2016 have a fundamental conundrum to deal with, and that is whose views they should…

Oil Markets Are Balancing Faster Than IEA Would Have Us Believe

Jan 21, 2016 at 16:46 | Arthur Berman

Fundamentals point toward market balance but pessimism is dragging oil prices down. IEA has apparently succumbed to this negativity but their data suggests that things are…

10 Reasons why Sub $30 Oil Is A Major Problem

Jan 21, 2016 at 16:33 | Gail Tverberg

A person often reads that low oil prices–for example, $30 per barrel oil prices–will stimulate the economy, and the economy will soon bounce back. What is wrong with this story?…

Goldman Sachs Sees Oil Markets Turning Bullish Soon

Jan 20, 2016 at 17:14 | Michael McDonald

When Goldman Sachs first postulated that oil prices might fall to as little as $20 per barrel, many market participants were incredulous. Fast forward a…

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