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 fell to three week lows before recovering slightly on Friday morning, as early reports of OPEC’s compliance in February look promising. (Click to…
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…
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 prices gained on Monday and Tuesday as both traders and analysts see crude markets tightening as a result of OPEC output cuts. Chart of…
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 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 prices rose on Thursday and Friday after booking some midweek losses as a result of exceptionally strong builds to U.S. crude inventories (Click…
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 posted modest gains this week boosted by ‘good’ OPEC compliance, but a real catalyst for prices to move higher or lower still lacks…
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…
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 …
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.…
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.…
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…
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 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 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 rallied into the new year, supported by output cuts from Oman, Kuwait and Venezuela, but fell during the day on Tuesday as a result…
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,…