Evan Kelly

Latest articles from Evan

• Oil Hits Ceiling At $50 Per Barrel

  Published 14 October 2016 | viewed 22,334 times

  Oil prices fell back to $50 on Friday afternoon, after the U.S. rig count hit eight year highs.   (Click to enlarge) (Click to enlarge)…

• Russian Backed OPEC Deal Brings Back The Bulls

  Published 11 October 2016 | viewed 10,154 times

  Oil prices rose fast on Monday after Russian president Vladimir Putin expressed support for an output cut, but fell slightly on Tuesday after IEA’s bearish…

• Can Oil Stay Above $50 Per Barrel?

  Published 07 October 2016 | viewed 34,879 times

  We begin with a look at the key figures in the oil market this week, which show that oil prices have held onto gains, reaching…

• Oil Holds Gains After OPEC Deal

  Published 04 October 2016 | viewed 9,663 times

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

• Can Oil Hold Onto OPEC Deal Gains?

  Published 30 September 2016 | viewed 11,658 times

  Oil held onto gains on Friday afternoon after front month contract rolled over to the December contract.   (Click to enlarge) (Click to enlarge) (Click…

• OPEC Circus Sees Oil Volatility Spike

  Published 27 September 2016 | viewed 10,320 times

  Oil prices fell steeply on Tuesday afternoon on contradiciting news from the OPEC meeting in Algiers.   (Click to enlarge) (Click to enlarge) Chart of…

• Market Update: Oil Crumbles After Saudis Pull The Plug

  Published 23 September 2016 | viewed 34,624 times

  Oil prices fell fast on Friday afternoon after Saudi Arabia claimed that "doesn't expect any decision" next week at OPEC’s unofficial meeting in Algiers.  …

• Oil Under Fire As OPEC Head Sees No Deal

  Published 20 September 2016 | viewed 13,298 times

  Oil prices dived on Monday after OPEC Secretary General Barkindo downplayed a potential output freeze deal, but rebounded slightly on Tuesday morning. (Click to enlarge)Chart…

• Oil Down As Glut Fears Return

  Published 16 September 2016 | viewed 12,495 times

  Oil prices fell on Friday as the IEA downgraded its projections for oil demand, dashing hopes that oil markets would rebalance this year. (Click to…

• Crude Crumbles On Weak IEA Data

  Published 13 September 2016 | viewed 9,225 times

  Oil prices fell 3% on Tuesday on bearish IEA data and a strong dollar after posting small gains on Monday.  (Click to enlarge) (Click to…

• Oil Set For A Drop After Inventory Data Excitement

  Published 09 September 2016 | viewed 18,347 times

  Oil prices fell on Friday, after spiking on Thursday afternoon as a result of an exceptionally strong draw to U.S. crude inventories. (Click to enlarge)…

• Is The Saudi-Russia Deal For Real?

  Published 06 September 2016 | viewed 11,541 times

  Oil prices didn’t manage to extend gains on Tuesday as markets still doubt an OPEC output freeze. (Click to enlarge) (Click to enlarge) (Click to…

• Oil Prices Bounce On OPEC Hopes

  Published 02 September 2016 | viewed 18,752 times

  Oil prices rebounded strongly on Friday on comments from Russian President Vladimir Putin. A rising U.S. rig count couldn't keep oil from rallying.   (Click…

• A Return to $40 Oil? Rally Runs Out of Steam

  Published 30 August 2016 | viewed 18,688 times

  When taking a quick look at some of the critical figures and data in the energy markets this week, we see that the U.S. oil…

• Oil Under Pressure As Saudi Arabia Downplays OPEC Deal

  Published 26 August 2016 | viewed 14,234 times

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

• Oil Pares Losses On Fresh OPEC Rumors

  Published 23 August 2016 | viewed 8,257 times

  The latest oil rally started to unwind on a flurry of bearish news, but the prospect of Iran joining the OPEC meeting has boosted oil…

• Oil Posts Large Weekly Gains In News Driven Market

  Published 19 August 2016 | viewed 9,456 times

  Oil prices staged a strong rally on Thursday, moving up 3% for the sixth straight day of gains. Brent hit an eight week high on…

• OPEC Rumors Continue To Pull Oil Prices Higher

  Published 16 August 2016 | viewed 14,719 times

  Oil prices hit one a month high on Monday thanks to speculation about potential producer curbs on supply and new data from market intelligence firm…

• Oil Prices Rally Into The Weekend On Flurry Of Bullish News

  Published 12 August 2016 | viewed 19,049 times

  Oil prices staged a strong rally on Thursday, moving up 4% by the end of the day thanks to positive forecasts from the IEA and…

• Explosion And Fire Hit Refinery in Louisiana

  Published 11 August 2016 | viewed 12,067 times

  Eyewitnesses claim the incident at the town of Convent in St. John’s Parish first occurred at around 11:00 am Eastern Time. The facility’s switchboard operator…