With Physical Hedging on Rise, Production Response May Weaken With OPEC and non-OPEC production cuts on the horizon (although not guaranteed), institutions exposed to oil have shifted their outlooks for Continue Reading
Oil prices may finally have stabilized, but hurdles to further gains remain. After more than two years of a crude glut that drove prices to decade lows, analysts and industry Continue Reading
A slight build in U.S. crude oil inventories and an overall yearly gain in stockpiles helped send oil prices lower on the last trading day for 2016. Data from the Continue Reading
Oil is on pace for its biggest annual gain since the financial crisis, even in a year that also sent prices dipping to a decade low. Saudi Arabia and its Continue Reading
2016 has been a tumultuous year in the energy markets, but both oil and natural gas are showing promising signs heading into the New Year, with oil prices having nearly Continue Reading
Investors are showing no sign of turning their backs on oil heading into 2017. Money managers’ wagers on rising West Texas Intermediate crude prices are triple what they were at Continue Reading
Brent oil, the global benchmark, is headed for its first annual advance in four years before supply cuts from OPEC and other producing nations next month intended to stabilize the Continue Reading
Oil fell for the first time in nine sessions in New York after a government report showed U.S. crude stockpiles increased for a second week. Crude stockpiles rose 614,000 barrels Continue Reading
The dollar dropped to its lowest of the week and remained defensive as U.S. Treasury yields fell to fresh lows after another well-received auction saw $28 billion of 7-year notes Continue Reading
Oil traders work in the pit of the New York Mercantile Exchange in 2007. The open-outcry trading floor of the New York Mercantile Exchange in lower Manhattan will shut down Continue Reading
