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Category: Prices

Category:
  • Prices

Oil Bulls Are In For A Bitter Disappointment

For those still busy hedging on the spread of the coronavirus, a more sustainable threat to energy investments continues with the disappointingly dull impact of the much-lauded ‘Phase One’ trade Continue Reading

Posted On : 11 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

The “Black Swan” Event That Could Unravel OPEC’s Efforts

The book “The Black Swan” was written by former Wall Street trader Nassim Nicholas Taleb to describe rare, outlier events that can’t be predicted beforehand, but that have potentially huge Continue Reading

Posted On : 11 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Down as Expectations of Urgent OPEC Meeting Fade

Oil hovered around $50 a barrel in New York on signs a much-touted emergency meeting of OPEC+ ministers probably won’t happen after all. (Bloomberg) — Oil hovered around $50 a Continue Reading

Posted On : 10 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Crude futures fall as growing coronavirus concerns cloud demand

Crude oil futures fell in midmorning trade in Asia Monday as growing concerns about the coronavirus outbreak continued to cloud global oil demand outlook. At 9:30 am Singapore time (0130 Continue Reading

Posted On : 10 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Analysis: LNG market turmoil to worsen as coronavirus impact deepens

The impact of China’s coronavirus outbreak on LNG market is expected to worsen in the coming weeks as economic activity in key manufacturing hubs struggles to rebound, keeping a lid Continue Reading

Posted On : 10 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Crude steady as equities market finds support

 Crude oil futures were steady in afternoon Asia trade Monday after the equities market firmed, but analysts pointed out that global indices were still sensitive to headlines on the coronavirus Continue Reading

Posted On : 10 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Oil slips on weaker Chinese demand, traders await OPEC+ cuts

Oil prices slipped on Monday on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in Continue Reading

Posted On : 10 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Oil prices heading for ‘mid $40s’ a barrel in few weeks on demand: Starfuels brokerage

Oil prices will probably drop to the “mid-$40s” a barrel in the next couple of weeks because of weak demand, according to Matt Stanley, director of Starfuels commodities brokerage.  Supply Continue Reading

Posted On : 10 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Oil dips as Russia needs time to mull more OPEC+ supply cuts

Oil prices edged lower on Friday as Russia said it needed more time before committing to output cuts sought by other large producers as the coronavirus outbreak fans worries about Continue Reading

Posted On : 8 Feb 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Set For Fifth Consecutive Weekly Drop As Coronavirus Hits Demand

Oil prices were on track for a fifth weekly decline early on Friday, weighed down by the loss of demand in China amid the coronavirus outbreak while OPEC and Russia Continue Reading

Posted On : 8 Feb 2020 Published By : Tom Whipple

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