The surprise airstrikes by the U.S. on a Syrian airfield late last week brought an element of geopolitical risk back to the oil markets, adding support to crude prices. Historically, Continue Reading
Nationwide stockpiles seen falling 1.5 million barrels: survey Libya declares force majeure at export terminal on field halt Oil traded near $53 a barrel, holding its longest winning streak this Continue Reading
International banks are preparing for the Hacienda Hedge – the secretive oil deal that has seen Mexico earn billions from successful bets on future oil prices. Detailed in an analysis Continue Reading
Shale companies have pushed breakeven oil prices below $40 per barrel—but so have major oil companies. Analysts commonly portray cost reduction as something unique to the tight oil companies. Data Continue Reading
Notable authorities such as the EIA, the IEA, OPEC and BP forecast growth of demand for oil in their base case scenarios through the end of their forecast periods. These Continue Reading
Oil headed for its longest run of gains this year as Libya’s biggest oil field was said to have suffered another outage while Russia signaled it’s weighing an extension of Continue Reading
A motorist holds a fuel pump at a Gulf petrol station in London April 18, 2006. Oil prices were firm on Monday, supported by strong demand and political uncertainty in Continue Reading
Summer may be a few months away but oil investors are already getting their hopes up that American drivers will do their part to rebalance the market. Hedge funds increased Continue Reading
An overnight surge in crude oil prices moderated in the hour before the start of U.S. trading Friday with rig counts and labor figures putting a lid on the rally. Continue Reading
Oil prices soared by around $1 per barrel on Friday after the United States launched dozens of cruise missiles at an airbase in Syria. U.S President Donald Trump said he Continue Reading
