Why Russia Isn’t Worried About Lower Oil Prices
Even as Saudi Arabia has scrambled to prevent a bust in the oil market, so far failing to head off a dramatic price slide, Russia seems just fine with prices Continue Reading
Oil slips back toward 18-month lows on oversupply
Oil prices fell on Thursday after rebounding 8 percent in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices Continue Reading
Oil prices rise after Christmas but gains not seen as longlasting
Crude oil prices rose Wednesday after the markets were closed in the previous day, but any rally is likely to be short-lived, as sustainable significant increases are only seen later Continue Reading
Oil surges 8 percent after steep slide; growth fears still weigh
Oil surged on Wednesday, posting its strongest daily gain in more than two years in a partial rebound from steep losses that pushed crude benchmarks to lows not seen since Continue Reading
Looking Back On A Wild Year For Oil Prices
For the oil market, 2018 has been a roller coaster ride. Ups and downs are always expected, but the twists and turns seen this year were exceptional by any standard. Continue Reading
Natural Gas Prices Could Fall Further
The spike in natural gas prices in November may prove to be short-lived. Natural gas spot prices jumped as high as $4.70/MMBtu in November, the highest price since the Polar Continue Reading
Falling Oil Prices May Spark New Debt Crisis
U.S. oil prices at below $50 and now even below $45 a barrel could cause concerns about the debt levels of some energy companies, Nasdaq energy analyst Tamar Essner told Continue Reading
Oil rises to $51 after steep slide; growth fears weigh
Oil edged up to $51 a barrel on Wednesday after reaching its lowest since June 2017 on perceptions that a price slide prompted by worries over the global economy had Continue Reading
Front-month ICE Brent crude posts slight recovery after trading below $50/b
Crude oil futures were mixed during mid-morning trade in Asia Wednesday, with front-month ICE Brent crude trading below $50/b before posting a slight recovery from that level amid mild bargain Continue Reading
U.S. Oil Prices Fall to 18-Month Low as Wall Street Tumbles
U.S. oil prices tumbled Monday to their lowest level in 18 months as plunging stock prices on Wall Street added to fears of a global economic slowdown that could reduce Continue Reading