Oil futures prices have soared past three-year highs, OPEC’s deal has cut millions of barrels of inventory worldwide and investors are betting in record numbers that prices could rocket past Continue Reading
Drivers gearing up for trips this summer face escalating prices at the gasoline pump, an early sign that $70-a-barrel oil is starting to reach into consumers’ wallets. Average U.S. retail Continue Reading
Oil prices eased from 3-1/2-year highs on Monday as resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran, while rising U.S. drilling pointed to higher Continue Reading
There are plenty of reasons why the oil market is suddenly on edge, and why oil prices are at their highest level since 2014. Venezuela’s oil production is falling off Continue Reading
Shares in global oil and gas companies have surged during the current quarter, boosted by rising oil prices, improving earnings and promises of hefty cash returns to shareholders. The strong Continue Reading
Citigroup, BMO doubt prices will reach the triple digits anytime soon. File Image / Pixabay In a week that saw a diverse range of analytical forecasts about the consequences of Continue Reading
Drivers gearing up for trips this summer face escalating prices at the gasoline pump, an early sign that $70-a-barrel oil is starting to reach into consumers’ wallets. Average U.S. retail Continue Reading
Crude prices fell in a see-saw session on Friday, retreating after early gains as it looked likely that U.S. allies would push to maintain a deal with Iran, which could Continue Reading
Crude oil prices were stuck in something of a holding pattern on Friday as the needle for geopolitical risk spins with no clear direction. Crude oil prices have been elevated Continue Reading
Oil prices have continued their climb following a week of bullish news, and with geopolitical tensions reaching a boiling point, prices are poised to head even higher. Iran continues to Continue Reading
