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Month: November 2018

Category:
  • OPEC
  • Russia

Russia oil minister met producers to discuss OPEC cooperation – sources

 Russian Energy Minister Alexander Novak met Russian oil companies on Tuesday to discuss cooperation between OPEC and non-OPEC oil producers, according to two sources who were informed that the meeting Continue Reading

Posted On : 28 Nov 2018 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures pare back recent gains ahead of G20 summit, OPEC meetings

Crude oil futures edged lower in mid-morning trade in Asia Tuesday amid supply uncertainty in the lead-up to the G20 summit and OPEC meetings over the next fortnight.  At 11:05 Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple
Category:
  • Prices

Oil falls on record Saudi output; eyes G20 and OPEC

Oil prices steadied on Tuesday, depressed by record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week.  Brent crude Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple
Category:
  • Prices

Oil breaks above $60/bbl, but doubts about growth curb gains

Oil prices rose nearly 3 percent on Monday, clawing back some of last week’s steep losses, although gains were capped by uncertainty over global economic growth and further signs of Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple
Category:
  • Prices

Goldman: Oil Prices Set For Rebound In 2019

Goldman Sachs believes that the price of oil and other commodities are set for a rebound next year and the first catalyst could come as early as this weekend at Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple
Category:
  • Prices

$50 Oil Puts Shale To The Test

U.S. oil production has skyrocketed this year, leaving even the most optimistic forecasts in the dust. But, the recent crash in oil prices could do what the much-hyped pipeline bottlenecks Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple
Category:
  • Prices

Could Oil Prices Fall To $40?

Crude market volatility has soared in the second half of 2018, with prices touching a four year high before entering their longest losing streak in three decades. Analysts were calling Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple
Category:
  • OPEC

Column: Oil market power ebbs from OPEC to the troika

The Organization of the Petroleum Exporting Countries has been marginalized as critical decisions about the oil market are taken by a troika of the United States, Russia and Saudi Arabia. Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple
Category:
  • Iran

The Real Effect Of Iran Sanction Waivers

On the day U.S. sanctions against Iran went into effect, Brent crude traded at US$72.68 a barrel. Today, three weeks later, Brent is down to US$59.59 a barrel and President Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple
Category:
  • China
  • Iran

Iran seeks China talks over South Pars gas field future

Iran wants to agree on a schedule with state-owned China National Petroleum Corp. to begin developing Phase 11 of the country’s South Pars gas field after the Chinese company replaced Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple

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