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Category: Prices

Category:
  • Prices

Oil steady on tighter Middle East supplies, as rising U.S. output weighs

Oil markets held largely steady on Tuesday, even as OPEC producers Saudi Arabia and Iraq pointed to a reduction in supplies in line with efforts to tighten the market and Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Oil Ends Mixed as Investors Pause After Last Week’s Rally

Oil prices were mixed Monday, with the U.S. benchmark edging up to a seven-week high and the global benchmark falling, as investors paused after last week’s rally. U.S. crude futures Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Crude oil prices brush up against apparent ceiling

Oil prices lose momentum after running their course following hurricanes that upended dynamics in the U.S. energy sector. File photo by Monika Graff/UPI Sept. 18 (UPI) — Emerging analyst sentiment Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Global Oil Demand is Surging But That’s Still Not Enough to Fix the Oil Market

The oil industry just can’t seem to snap out of its doldrums this year. Crude remains stubbornly low, which has stalled the industry’s attempts at a recovery. However, while weaker Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

U.S. oil prices hit $50 on rising refinery demand, falling rig count

U.S. crude oil prices rose above $50 per barrel on Monday and were near last week’s multi-month highs as the number of U.S. rigs drilling for new production fell and Continue Reading

Posted On : 18 Sep 2017 Published By : Tom Whipple
Category:
  • Prices
  • Shale Oil

Sub-$50 Oil Could Kill Shale

Oil prices are at their highest levels in months on the back of strong demand and some key supply outages around the world. But the next price movements are unclear, Continue Reading

Posted On : 18 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Oil Wavers on Mixed Supply Signals

Oil prices ended unchanged Friday, as investors grappled with mixed signals for global supply and demand. Light, sweet crude for October delivery settled flat at $49.89 a barrel on the Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Soaring Demand Drives Oil Market Recovery

WTI rose to its highest level in more than a month this week, hovering just around $50 per barrel. Brent surpassed $55 per barrel on Thursday, the highest level since Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Is An Oil Price Spike Imminent?

As the U.S. market begins its recovery from the double whammy served up by hurricanes Harvey and Irma, my earlier projections of where crude oil prices are headed have come Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

U.N. report links rise in hunger to climate change

Global hunger is on the rise, affecting 11 percent of the world’s population, in part because of climate change, an annual report from the United Nations found. An annual State Continue Reading

Posted On : 16 Sep 2017 Published By : Tom Whipple

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