As bitter cold continues to grip much of North America and helps spawn the fierce storm along the East Coast, the question arises: What’s the influence of climate change? Some scientists Continue Reading
Oil prices were stable on Monday, supported by a slight decline in the number of U.S. rigs drilling for new production, with crude holding just below near three-year highs reached Continue Reading
Oil had its strongest opening week for any year since 2013 as refiners and exporters whittled away at crude inventories tucked away in U.S. storage tanks. Futures rose 1.7 percent this Continue Reading
After a strong start to 2018, oil prices fell back slightly on Friday morning. While geopolitical tensions and strong inventory drawdowns were the main culprits for the rise in prices, Continue Reading
Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring U.S. production undermined a 10 percent rally from December lows that was driven by tightening supply Continue Reading
Oil prices fell on Friday, dropping away from highs last seen in 2015, as soaring U.S. production undermined a 10-percent rally from lows hit in December that was driven by Continue Reading
Oil rose on Thursday to its highest since May 2015, on concern about supply risks due to unrest in Iran and another decline in U.S. inventories as refining activity hit Continue Reading
The protests in Iran have helped push oil prices up to fresh multi-year highs this week, but a lot of questions remain about the durability of the oil price rally. Continue Reading
A day after API contributed to WTI’s reaching its highest price level since 2015 with an estimated 5-million-barrel draw in crude oil inventories, the EIA reinforced the bullish mood with Continue Reading
1. Iran and rising geopolitical risks Iran is the third-largest oil producer in Opec and its output of 3.8m barrels a day represents more than 4 per cent of global Continue Reading
