Oil prices rose early on Monday ahead of a meeting between OPEC and U.S. shale firms in Houston, raising expectations that oil producers would discuss further how to clear a Continue Reading
Today, I am breaking with two of my rules in writing these pieces. I generally try to steer clear of politics and to avoid being alarmist or overly sensational. What Continue Reading
Nick Cunningham is a freelance writer on oil and gas, renewable energy, climate change, energy policy and geopolitics. He is based in Pittsburgh, PA. The plan calls for 25 percent Continue Reading
Oil prices rose on Friday as Wall Street stocks bounced off session lows, but benchmark crude futures posted their first weekly decline in three weeks on fears U.S. plans to Continue Reading
Trump’s latest tweet, arguing that “trade wars are good, and easy to win,” didn’t bode with for global equities or commodities, including oil, which was already reeling from the EIA’s Continue Reading
Oil slumped more than 1 percent on Thursday, touching two-week lows under pressure from a retreating stock market and worries about surging U.S. crude output. Brent, the global benchmark, settled Continue Reading
On average, motorists in the United States may be paying the highest price for gasoline since the summer of 2015, motor club AAA reported Thursday. AAA lists a national average Continue Reading
The Permian Basin is now the world’s swing oil producer, with a lag. WTI is $63/bbl, down from its January high near $67/bbl. Brent is selling near $67/bbl, with a Continue Reading
Oil futures fell sharply Wednesday after data from the US Energy Information Administration showed a larger-than-expected build in crude stocks and a surprise increase in gasoline inventories. A stronger dollar Continue Reading
A day after the American Petroleum Institute gave oil bulls a cold shower by reporting a 933,000-barrel build in crude oil inventories on top of a gasoline build, the Energy Continue Reading
