A worker at an oil field owned by Bashneft, Bashkortostan, Russia, January 28, 2015. Oil prices continued to slide on Friday, adding to sharp declines from earlier this week as Continue Reading
As Brent crude oil closed on Wednesday at its lowest level since before OPEC and other nations agreed to cut output, someone bet half a million dollars on prices surging Continue Reading
U.S. oil prices had their worst day since March, falling to their second-lowest level of the year after U.S. data showed an unexpected increase in oil stockpiles. U.S. crude inventories Continue Reading
Oil prices edged lower Thursday, near lows going back to last year with traders still fearing the implications of an unexpected addition to U.S. crude inventories from last week. The Continue Reading
A worker at an oil field owned by Bashneft, Bashkortostan, Russia, January 28, 2015. Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous Continue Reading
Oil prices dipped on Wednesday, with Brent crude futures failing to find support at $50 per barrel, as global fuel markets remained oversupplied, although rising tension in the Middle East Continue Reading
The 9-month extension to the OPEC deal has had a surprisingly negative impact on oil prices, which headed downward once again at the start of the week due to the Continue Reading
U.S. supplies likely fell by 3.25 million barrels last week Saudi-Qatar dispute seen having limited impact on crude supply Oil rose as U.S. crude stockpiles are seen falling for a Continue Reading
More draws predicted for late 2017, 2018 The oil market rebalancing is in progress, even if it is slower than expected, according to releases by Societe Generale and RBC Capital Continue Reading
While projections for higher natural gas prices are expected to reduce gas’ share in the generation mix, the subsequent increase in cash flow to gas producers is seen boosting gas Continue Reading
