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Evan Kelly

Oilprice.com

Contributor since: 23 Dec 2014

Evan Kelly

Latest articles from Evan

  • Oil Majors To Boost Production As IEA Warns Of Supply Deficit

    Published 07 March 2017 | viewed 12,600 times

    Oil prices traded sideways in a quiet market as traders digest the news coming from Houston where the world’s opinion leaders in oil & gas…

  • Oil Prices Find Support As OPEC Compliance Nears 100%

    Published 03 March 2017 | viewed 14,367 times

    Oil prices fell to three week lows before recovering slightly on Friday morning, as early reports of OPEC’s compliance in February look promising. (Click to…

  • The $60 Ceiling For Oil

    Published 28 February 2017 | viewed 9,220 times

    Oil prices hit the wall once again on Tuesday as traders believe that increased U.S. shale output could offset OPEC output cut gains. (Click to…

  • What Will It Take For Oil To Breakout?

    Published 24 February 2017 | viewed 14,326 times

    Oil prices gained slightly this week as traders interpreted the moderate gasoline draw as a sign that gasoline inventories could have peaked. (Click to enlarge)…

  • Oil Moves Higher On Expectations Of Tighter Market

    Published 21 February 2017 | viewed 9,148 times

    Oil prices gained on Monday and Tuesday as both traders and analysts see crude markets tightening as a result of OPEC output cuts. Chart of…

  • Only Crisis Or Cuts Will Move Oil Markets

    Published 17 February 2017 | viewed 10,140 times

    Despite hints from OPEC that the cartel would be extending its production cut deal, oil prices fell slightly this week. Oil continues to trade within…

  • Oil Flat As OPEC Cuts Offset By Shale

    Published 14 February 2017 | viewed 6,827 times

    Oil prices are flat on Tuesday as both OPEC and U.S. shale exert influence on crude markets which continue to be in ‘’wait and see’’…

  • Oil Rallies As Glut Fears Abate

    Published 10 February 2017 | viewed 9,321 times

    Oil prices rose on Thursday and Friday after booking some midweek losses as a result of exceptionally strong builds to U.S. crude inventories   (Click…

  • Markets Remain Bullish On Oil Despite Growing Risks

    Published 07 February 2017 | viewed 6,482 times

    OPEC reportedly achieved a 91 percent compliance rate this week, with speculators reacting by amassing yet more bullish bets. The downside risk continues to grow…

  • Oil Prices Could Rise Further As U.S. Imposes Sanctions On Iran

    Published 03 February 2017 | viewed 28,343 times

    Oil prices posted modest gains this week boosted by ‘good’ OPEC compliance, but a real catalyst for prices to move higher or lower still lacks…

  • ‘Good’ OPEC Compliance Pushes Oil Prices Higher

    Published 31 January 2017 | viewed 8,573 times

    Oil price rose on Tuesday after a Reuters survey found a ‘high’ OPEC deal compliance rate, indicating that OPEC has already cut output with 1…

  • Why Oil Can’t Pull Higher In The Near Term

    Published 27 January 2017 | viewed 19,183 times

    Oil prices are falling on Friday in volatile trading session after having see-sawed on the usual headlines regarding OPEC compliance and U.S. production figures  …

  • Markets Buy The OPEC Cuts, But Fear U.S. Supply

    Published 24 January 2017 | viewed 8,765 times

    Oil prices remain flat as markets see the tremendous rig count rise in the U.S. as a strong cap on a noteworthy oil price recovery.…

  • Has OPEC Seriously Underestimated U.S. Shale Dynamics?

    Published 20 January 2017 | viewed 16,397 times

    Oil ended the week where it started, as rising U.S. shale production and a bearish inventory report continued to put pressure on WTI and Brent.…

  • Saudi Minister Talks Up Oil Prices

    Published 17 January 2017 | viewed 14,263 times

    Oil prices see-sawed on Monday in slow electronic trading on a U.S. bank holiday, but spiked on Tuesday after bullish Saudi comments and a plunging…

  • Skepticism About OPEC Compliance Drags Oil Down

    Published 13 January 2017 | viewed 8,856 times

    Oil prices inched lower on Friday afternoon as skepticism about OPEC’s compliance with the output cut deal continues to impact oil markets.    (Click to…

  • Oil Prices Fall As Markets Question OPEC Cuts

    Published 10 January 2017 | viewed 16,415 times

    Oil markets are showing signs that optimism in crude prices might be reaching its limit as many speculative bets are reversing (Click to enlarge) Chart…

  • Oil Up As Saudi Arabia Cuts

    Published 06 January 2017 | viewed 14,771 times

    Oil prices rose on Friday as a result of a strong draw to U.S. oil inventories and early signals that OPEC is following up on…

  • Oil Markets Optimistic As Oil Turns Lower

    Published 03 January 2017 | viewed 10,441 times

    Oil rallied into the new year, supported by output cuts from Oman, Kuwait and Venezuela, but fell during the day on Tuesday as a result…

  • Oil Ends 2016 On A Bullish Note

    Published 30 December 2016 | viewed 21,600 times

    2016 has been a tumultuous year in the energy markets, but both oil and natural gas are showing promising signs heading into the New Year,…

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