The perfect storm in oil…
Crude futures fell hard last…
The oil markets appear to have successfully scaled a major wall of worry, with oil prices rebounding to multi-year highs. Brent crude settled near a three-year high at…
Oil prices were slightly up early on Friday, headed to a third straight week of gains, as U.S. crude inventories dropped to a three-year low and as surging natural gas…
Crude oil prices could rise to $80 per barrel by the end of this year and even top it, Vitol Group’s chief executive Russell Hardy told Bloomberg in an…
Recovering global oil demand could send oil prices to $100 a barrel at some point at the end of 2022, despite COVID challenges to demand this coming winter, according to…
Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on Wednesday, according…
Oil prices rose early on Tuesday, halting two consecutive days of losses as the global natural gas crunch has the market evaluating the potential of higher demand for other fuels…
Oil prices dropped early on Monday as the U.S. dollar continues to strengthen ahead of the Fed’s much-anticipated policy meeting this week, which could announce the beginning of stimulus easing.…
A colder winter and soaring natural gas prices globally could lead to higher-than-expected oil prices at the end of this year, with the potential for oil hitting…
A cross-section of Wall Street experts has been downplaying the recent surge in oil prices, saying that it’s unlikely to hurt the global recovery. One indicator that lends…
Oil prices were headed for a fourth consecutive weekly gain early on Friday as natural gas and power prices are surging globally and supporting the energy complex. Early on Friday,…
Global oil and gas prices will remain higher for longer as companies resist the urge to ramp up production, the chief executive of Chevron, Mike Wirth told Bloomberg in…
It would have been unthinkable a few months ago: ramping up production was the last thing U.S. shale drillers would do amid a hesitant price recovery and heavy…
Oil prices rose to their highest level in six weeks early on Tuesday as the IEA said it expects a strong rebound in global oil demand from October and as…
Oil prices could hit $100 per barrel over the next six months if we have a colder-than-usual winter, which could be the most…
Oil prices rose early on Friday, supported by an overall bullish market sentiment after the U.S. and Chinese presidents held a phone call to discuss various issues of strategic interest.…
Last week, oil prices enjoyed a nice rally OPEC+ agreed to keep its current production agreement in place, maintaining the 400K bbl/day hike…
Brent Crude prices are set to retreat to $64 a barrel by the end of 2021, one of Japan’s leading banks says, while the energy minister of a Gulf oil…
Just hours after China revealed yet another high in producer price inflation, Beijing has taken the unprecedented step of releasing oil from its national crude reserve to "alleviate raw material…
Oil prices rebounded early on Wednesday, rising by more than 1 percent, as nearly 80 percent of the total crude oil production in the U.S. Gulf of Mexico remains shut-in…
The OPEC+ alliance looks to keep oil prices in the range between $65 and $75 per barrel, and this is a comfortable price for consumers, Vagit Alekperov,…