Platts Plans To Reform Dated Brent Crude Oil Benchmark
In a bid to boost the liquidity of the Brent international crude oil benchmark, S&P Global Platts plans to reform the way Dated Brent is being assessed as of November Continue Reading
Oil falls back to $60 on concerns about China slowdown
Oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil consumer, raising the prospect of a slowdown in Continue Reading
Crude oil futures tick lower on OPEC comments, awaits fresh cues
Crude oil futures moved marginally lower during mid-morning trade in Asia Monday continuing its downtrend seen from Friday’s trading session amid the latest comments from Saudi Arabia while awaiting for Continue Reading
Could Oil Prices Rise By $25 Per Barrel In 2019?
As we begin 2019, the energy markets and the stock markets are experiencing incredible volatility. Both underwent steep declines during the latter part of last year, but both are off Continue Reading
Fund managers neutral on crude and fuel outlook: Kemp
Hedge fund managers show signs of having completed their recent sale of crude and refined fuels, with positions edging up slightly in the first week of the new year, amid Continue Reading
The Overlooked Catalyst That Will Send Energy Demand Soaring
As the earth gets hotter, energy demand will increase significantly along with global temperatures. Now a team of researchers in China has determined in a recent study that by the Continue Reading
Crude oil futures trace equity markets lower amid lack of fresh news; ICE Brent down to $60.68/b, NYMEX WTI $51.71/b
Oil price declines extended in midmorning trading Friday as the market looked to equity markets for direction amid a lack of fresh indicators. ICE March Brent was down $1 at Continue Reading
Oil falls nearly 2 percent amid global economy concerns but ends week higher
Oil prices fell nearly 2 percent on Friday as investors worried about a global economic slowdown, snapping a nine-day winning streak spurred by U.S.-China trade hopes, but clung to some Continue Reading
The Oil Bull Market Is Back
Oil is officially back in a bull market as confidence grows over both the global economy and the willingness of OPEC+ to adhere to its production cut agreement. Oil entered Continue Reading
Crude oil futures trade lower amid global growth concerns
Crude oil futures were lower during mid-morning trade in Asia Friday amid ongoing global growth concerns as market participants waited for fresh cues to provide prices some direction. At 11:10 Continue Reading