The Best And Worst Oil Predictions Of 2019
There’s nothing like wild volatility to destroy the integrity of those high-end bankers and analysts who are brave enough to make oil price predictions year in and year out. But Continue Reading
The Two Countries Dictating Oil Prices In 2020
It’s the end of the year and authorities of various caliber and standing are making oil price forecasts for next year. This wealth of information can be confusing because of Continue Reading
The Oil Bulls Are Back Despite Bearish Fundamentals
In early trading on Friday, oil prices hit a three month high on positive trade war and geopolitical developments. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to Continue Reading
Crude futures climb on US-China talks; Brent up 98 cents at $65.18, WTI up 76 cents at $59.94
Crude futures climbed in the European morning trading session Friday, buoyed by positive sentiment about a US-China trade deal, but amid a mixed supply outlook. Receive daily email alerts, subscriber Continue Reading
Oil hits three-month high as trade hopes, UK election lift sentiment
Oil rose on Friday to its highest in nearly three months as progress in resolving the U.S.-China trade dispute and Britain’s general election result appeared to lift two clouds that Continue Reading
Crude oil futures gain on fresh optimism ahead of Dec 15 US-China trade deal deadline
Crude oil futures were higher during mid-morning trade in Asia Friday as fresh optimism emerged just days ahead of the December 15 deadline for a phase one trade deal that Continue Reading
Is This The Most Important Oil Price Driver In 2020?
Even if the OPEC+ coalition manages to remove as much as 2.1 million barrels of oil per day from the market in the first quarter next year, oil prices may Continue Reading
Russia’s Economy Is Signaling An Oil Price Rally
The Russian bear is a decidedly different animal. Even as the oil price outlook has become clearly bearish, Russia knows little fear. It’s defying the oil price hibernation with bullish economic Continue Reading
Crude oil futures rise on OPEC report, ahead of US-China trade talks
Crude oil futures were higher during mid-morning trade in Asia Thursday, following a smaller-than-expected build in US crude inventory and coupled with OPEC’s latest report on its production levels, as Continue Reading
Oil prices rise on OPEC deficit forecast
Oil prices rose on Thursday, recouping some of the losses from the previous session that followed a surprise increase in U.S. crude inventories, as the market mood switched to relief Continue Reading