Evan Kelly

Latest articles from Evan

• Oil Rally Gains Momentum Ahead Of OPEC Cuts

  Published 27 December 2016 | viewed 16,459 times

  To begin, we will take a quick look at some of the critical figures and data in the energy markets before analyzing the key events of…

• Libyan Supply Fears Dampen Oil Price Optimism

  Published 23 December 2016 | viewed 13,714 times

  It appears that oil markets have stabilized over the Christmas holidays, with light trading and low volatility, while fears of a Libyan supply increase are…

• Oil Holds Steady On Holiday Trading

  Published 20 December 2016 | viewed 13,077 times

  As the holiday season sets in, oil prices are holding steady with a relatively low level of trading. It appears that the OPEC effect is slowly…

• Oil Rises As Markets Regain Faith In OPEC Deal

  Published 16 December 2016 | viewed 21,147 times

  After having tanked as a result of the Fed rate hike, oil prices rose towards 17 month highs on Friday as a result of renewed…

• OPEC Jump Starts Oil Bull Market

  Published 13 December 2016 | viewed 12,630 times

  Oil prices skyrocketed yet again at the start of this week on news that non-OPEC countries agreed to cut production. Is this OPEC rally sustainable?…

• Oil Edges Higher As OPEC Pushes NOPEC For Output Cut

  Published 09 December 2016 | viewed 14,435 times

  Oil prices inched higher on Friday afternoon, holding above $50 ahead of the Non-OPEC producer meeting this Saturday.   (Click to enlarge) Friday, December 9,…

• Oil Rally Hits The Wall As Markets Grow More Skeptical Of OPEC Deal

  Published 06 December 2016 | viewed 11,521 times

  After rallying to 16 month highs on the back of the OPEC output deal, oil is falling as a result of record OPEC production, complicating…

• Are Non-OPEC Producers About To Boost Oil Further?

  Published 02 December 2016 | viewed 20,407 times

  Oil prices inched up on Friday as a result of a positive U.S. jobs report after rallying 14 percent in two days.   (Click to…

• Saudis Withdraw From Non-OPEC Meeting, But Odds For Deal Are Still Good

  Published 25 November 2016 | viewed 34,982 times

  Oil prices fell on Friday morning after some bearish comments of Saudi Arabia but the odds of a substantial OPEC deal seem to have improved…

• OPEC Technical Talks Falter As Key Members Reject Cut

  Published 22 November 2016 | viewed 15,380 times

  Oil prices hit recent highs on Monday on OPEC deal hopes, but hit a snag on Tuesday as Iraq and Iran remain hesitant towards an…

• Oil Prices Waver As OPEC Makes Final Push

  Published 18 November 2016 | viewed 19,950 times

  Oil prices falter at the end of a week full of OPEC rhetoric as a result of a soaring dollar. (Click to enlarge) Friday, November…

• Oil Prices Volatile Ahead of OPEC Meeting

  Published 15 November 2016 | viewed 13,702 times

  Oil prices rallied 6 percent on Tuesday after hitting a 3-month low on Monday. (Click to enlarge) (Click to enlarge) Chart of the Week (Click…

• Trump To Usher In New Era For Oil And Gas

  Published 11 November 2016 | viewed 37,089 times

  Oil prices headed lower on Friday after the latest OPEC report indicated significantly higher Iranian oil production. (Click to enlarge) (Click to enlarge) (Click to…

• Oil Markets On Edge Ahead Of Pivotal U.S. Election

  Published 08 November 2016 | viewed 10,477 times

  We begin with a quick look at some of the critical figures and data in the energy markets this week, which show that oil prices…

• OPEC Chaos Sees Oil Prices Fall

  Published 04 November 2016 | viewed 39,200 times

  Oil prices are headed for the biggest weekly decline since January as it appears the OPEC deal is falling apart at the seams (Click to…

• Oil Sells Off As OPEC Remains Divided On Deal

  Published 01 November 2016 | viewed 10,874 times

  Oil prices remained week on Tuesday morning despite a weaker dollar, whereas gasoline prices pumped on yet another outage on the Colonial Pipeline.   (Click…

• Oil Markets Don’t Buy The OPEC Deal Just Yet

  Published 28 October 2016 | viewed 10,806 times

  We begin with a look at the key figures in the energy market this week, with oil prices falling on Friday morning as a result…

• Crude Tests $50 As OPEC Deal Seems Unlikely

  Published 25 October 2016 | viewed 13,304 times

  Oil prices are testing the $50 mark as uncertainty about the OPEC deal impacts oil markets. (Click to enlarge) (Click to enlarge) (Click to enlarge)Chart…

• Oil Heavyweights Worry About Future Oil Supply

  Published 21 October 2016 | viewed 25,887 times

  Oil prices are fighting against a strong dollar on Friday as the WTI front month futures rolled over to the December contract. (Click to enlarge)…

• OPEC Deal Still Wobbly, But Oil Investment Takes Off

  Published 18 October 2016 | viewed 14,281 times

  Oil prices traded sideways on Tuesday morning but were slightly up on Tuesday afternoon ahead of this week's inventory reports. (Click to enlarge) (Click to…