Category: Prices

Oil prices rose on Monday oversupply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Crude oil is Continue Reading

According to Bloomberg , questions over demand growth, relative production from the U.S. and OPEC and the lingering glut are dividing prognosticators and generating some seriously divergent views of what Continue Reading

Equities rally on bets Trump seen pulling off tax overhaul WTI crude technicals form bullish “golden cross” formation Iraqi forces stand guard at the Bai Hassan oil field, west of Continue Reading

Despite renewed geopolitical risk on the oil market hailing from the Middle East, oil prices were down on Friday morning and set for a weekly loss as profit-taking weighed more Continue Reading

Crude prices have climbed this week as clashes between Iraqi government troops and forces from the semiautonomous Kurdish region disrupted some oil production and exports. Kurds voted nearly unanimously to Continue Reading

Crude oil prices drift lower in early Friday trading after strengthening in the U.S. dollar on a Senate move to overhaul the tax code. The rise in the value of Continue Reading

After lying dormant for a few months, the risk premium in oil is back. That, at least, is what many analysts have begun declaring in the wake of fighting in Continue Reading

Tension in the Middle East, combined with growing confidence in the likelihood of an OPEC extension, has very few analysts seeing a lot of downside risk. “The oil market is Continue Reading

There are clear signs the global oil market is balanced, which would support higher oil prices and investments if sustained, the head of Schlumberger said. “The reduction in global oil Continue Reading