Category: Prices

From Colombia to the North Sea, the Middle East to Texas, the global market for crude cargoes is becoming tighter by the week as supplies grow more constrained and risks Continue Reading

Bank of America Merrill Lynch (BofAML) warns that Brent crude oil could reach $90 per barrel stemming the new IMO rules regarding shipping fuels and a weaker dollar courtesy of Continue Reading

Oil prices seesawed over the past week, jerked higher by tension in the Middle East but dragged down by fears of the fallout from the U.S.-China trade war. In fact, Continue Reading

Saber-rattling in the Middle East and the continued deterioration in Venezuela have once again trumped considerations such as supply and demand in the fluctuations of global oil prices. Despite what Continue Reading

Oil futures were slightly bearish Friday as the market was stuck in a tug-of-war between geopolitical tensions in the Middle East and concerns of slowing global demand stemming from the Continue Reading

Oil prices edged lower on Friday due to demand fears amid a standoff in Sino-U.S. trade talks, but both benchmarks ended the week higher on rising concerns over supply disruptions Continue Reading

The escalating trade war between the U.S. and China is keeping oil prices subdued, but the fear premium seems to be growing by the day as tensions across the Middle Continue Reading

Crude oil futures were higher during mid-morning trade in Asia Friday amid ongoing supply-side uncertainties and geopolitical tensions, with market participants also looking out for headlines emerging from the OPEC/non-OPEC Continue Reading

Oil prices were steady on Friday, giving up earlier gains, and were on track for the first weekly increases this month, as rising tensions in the Middle East stoked fears Continue Reading

Oil futures were up more than 1% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its Continue Reading