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Rising Middle East Risk Sparks Fear of $100 Oil

Rising Middle East Risk Sparks Fear of $100 Oil

In case of further escalation,…

Is $100 Oil Within Reach?

Is $100 Oil Within Reach?

We have a situation where…

Energy / Oil Prices

Is This The Bottom? Balance In Oil Markets Closer Than Many Think

Jan 18, 2016 at 16:29 | Dalan McEndree

Is the End in Sight? Following a week in which both Brent ($28.94) and WTI ($29.70) crude prices tumbled below $30 per barrel, it might seem…

$20 Oil No Longer Seen As Good For The Economy

Jan 18, 2016 at 16:28 | Nick Cunningham

After flirting with breaking below $30 per barrel, oil decidedly broke that threshold at the end of last week, deepening the unrelenting losses the market shave witnessed so far in…

Oil Sold for -$0.50 per Barrel. A Negative Price!

Jan 18, 2016 at 13:22 | Charles Kennedy

The oil markets are on edge with oil sinking into the $20s per barrel. And last week we reported on one place where oil is…

Exaggerated Forecasts As A Contrarian Signal

Jan 16, 2016 at 09:50 | Martin Tillier

When markets correct dramatically, as stocks have done since the beginning of the year, the cynical trader side of me comes out in force. I am…

The Trend Is Down, But Short Covering Can Happen Anytime

Jan 16, 2016 at 09:31 | Jim Hyerczyk

March Crude Oil futures continued to weaken the week-ending January 15 as the market continued to get hit from bad news on both the supply and…

Oil Prices Plunge 5% As Traders Fear A Wave Of Iranian Oil

Jan 15, 2016 at 10:32 | Charles Kennedy

WTI and Brent hit fresh lows on Friday over persistent fears of oversupply. The latest thing to drag down oil is the prospect of Iran quickly…

Forget $20 - Oil Prices At $8 Per Barrel In Canada

Jan 14, 2016 at 12:03 | Charles Kennedy

Where is the cheapest crude oil in the world? And how low can you get that barrel of oil? WTI has declined to $30 per barrel,…

War Between Saudi Arabia And Iran Could Send Oil Prices To $250

Jan 12, 2016 at 16:24 | James Stafford

The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries. The back-and-forth escalation quickly turned the…

$20 Oil Is Now A Distinct Possibility As Chinese Demand Wanes

Jan 11, 2016 at 17:06 | Nick Cunningham

Oil prices continue to hit new lows. WTI and Brent traded down by more than 2 percent during midday trading on Monday, as the markets continue…

Morgan Stanley Joins The $20 Oil Club

Jan 11, 2016 at 11:38 | Charles Kennedy

Crude oil markets are suffering from too much supply and not enough demand, a combined effect that has pushed oil down into the low $30s per…

Statoil CEO: Expect Volatility Now, Price Spike Soon

Jan 10, 2016 at 15:28 | Andy Tully

It became a mantra, evidently coined last summer by BP CEO Bob Dudley, that oil prices will stay “lower for longer.” More and more industry leaders…

Don’t Let Oil Markets Scare You, There Is Still Money To Make

Jan 09, 2016 at 10:04 | Martin Tillier

The last year or so have been, to say the least, painful for long term oil investors but, as I have said before, for traders it…

Some Intense Short Covering Could Be Around The Corner

Jan 08, 2016 at 17:40 | Jim Hyerczyk

February Crude Oil The week started out strong with February Crude Oil futures spiking to $38.39 early during Monday’s session, but by the end of the…

Oil Producers Here Are Now Getting Double The World Price

Jan 08, 2016 at 09:47 | Dave Forest

Last month I wrote about soaring profits for resource companies working in Argentina. With local costs for such firms plunging following the devaluation of the…

Oil Trades 4 Percent Lower Over Bearish Inventory Reports

Jan 06, 2016 at 10:42 | Charles Kennedy

Oil traders woke up on January 6 to the news that Brent crude traded below $35 per barrel for the first time in 11 years. The…

Saudi-Iran Dispute Won’t Cause Lasting Oil Price Rally

Jan 04, 2016 at 17:36 | Nick Cunningham

Oil prices jumped on the first trading day of 2016 as Middle East tension outweighed a selloff in financial markets around the world. Oil markets remain…

BP’s CEO Finally Sees Oil Prices Bottoming Out

Jan 04, 2016 at 17:15 | Andy Tully

Since last summer, Bob Dudley, the CEO of the British oil giant BP, has been cautioning that he expects oil prices to stay “lower for longer.”…

Oil Crash Shrinks Russian GDP; Energy Minister Blames Saudis

Dec 29, 2015 at 17:22 | Andy Tully

Russia’s oil-dependent economy appears headed for a second year of recession, and Energy Minister Alexander Novak says the blame falls squarely on the Saudis. The Russian…

OPEC: $95 Oil, But Not Until 2040

Dec 27, 2015 at 16:19 | Andy Tully

This week opened with the average global price of oil at an 11-year low, yet OPEC expects its own producers eventually will cut back on production,…

Brace For Increased Volatility

Dec 18, 2015 at 15:56 | Jim Hyerczyk

On Wednesday, December 16, the U.S. Federal Reserve raised its key interest rate for the first time since June 29, 2006. In its monetary policy statement,…

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