Category: Prices

Oil slipped below $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC Continue Reading

 Gulf Coast leads crude stock draw Imports likely delayed by Nestor USAC distillate deficit widens Crude futures rose Wednesday after the US Energy Information Administration reported draws in crude and Continue Reading

Energy forecasters see a worsening supply glut in 2020, putting OPEC+ in a bind. But beyond that, the bust could result in a boom as supply growth slows to a Continue Reading

Before I get into the reasoning for my belief that oil prices must go higher very soon to avoid a serious supply shortage next summer, let’s get a few things Continue Reading

The price at the pump was more than $4 a gallon in Vista, Calif., when Scott Hissem recently embarked on a trip to Texas to celebrate his 40th birthday. When Continue Reading

Crude oil futures edged lower during mid-morning trade in Asia Wednesday in the wake of a bearish weekly report on US crude inventories as markets remained equally focused on potentially Continue Reading

Billionaire investors are already piling in, and now the smart money is set to follow. The Hottest Investment Sector Of The Decade : Learn more here oil rebounds (Click to Continue Reading

 Crude oil futures were largely steady during mid-morning trade in Asia Tuesday amid mixed signals on demand-supply fundamentals. At 10:35 am in Singapore (0235 GMT), ICE Brent December futures were Continue Reading

Oil fell on Monday as concerns about economic growth combined with signs of ample global supplies pressured prices, outweighing bullish signals from Europe, where fears of an economically damaging no-deal Continue Reading

Bets on rising U.S. oil prices have hit a nine-month low, underscoring investors’ concerns that a slowing economy will dent demand for crude at a time when the world is Continue Reading