Explosion Of Geopolitical Risk Isn’t Moving Oil
The tanker battles are escalating once again, but the threat of outages and rising tension in the Persian Gulf has failed to meaningfully move oil prices. On Friday, Iranian forces Continue Reading
Hedge Funds Unexpectedly Set The Stage For An Oil Rally
As market participants continue to weigh two decisively bearish factors for oil prices—slowing oil demand growth and soaring non-OPEC oil supply—two potentially bullish drivers have made money managers return to Continue Reading
Oil rises on Mideast tensions, glum demand outlook caps gains
Oil prices edged up on Tuesday on concerns about possible supply disruptions in the Middle East, but a weaker demand outlook kept a lid on gains, helped by a vow Continue Reading
Crude oil futures stable after IEA reports on emergency stocks
Crude oil futures were largely stable during mid-morning trade in Asia Tuesday as reports on the availability of emergency stocks eased supply concerns stemming from geopolitical tensions in the Middle Continue Reading
Why Goldman Sachs Thinks Oil Should Be Trading Higher
Fears of weak oil demand are taking over the market, overshadowing tanker battles in the Persian Gulf, something that would have typically sent oil prices skyrocketing. However, demand may also Continue Reading
Oil rises more than 2% after Iran seizes British tanker
Oil prices rose more than 2% on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf. Brent crude Continue Reading
Crude oil futures gain on rising geopolitical tensions; Libya
Crude oil futures kicked off the week on a stronger note in mid-morning trade in Asia Monday, buoyed by renewed supply concerns on mounting geopolitical tensions in the Middle East, Continue Reading
Oil outlook sours as sanctions, global tensions fail to bring out bulls
Sentiment in the oil market has shifted dramatically in recent days, with hedge funds, producers and traders all taking a more bearish tack in response to what they see as Continue Reading
The Two Most Important Catalysts For Oil
The International Energy Agency (IEA) said that it would cut its oil demand forecast due to a slowing global economy. “China is experiencing its slowest economic growth in the last Continue Reading
Oil climbs as Middle East tensions offset demand worries
Oil prices rose about 1 percent on Friday after steep losses a day earlier, supported by rising tensions between the United States and Iran, even as concerns that slowing economic Continue Reading