Category: Prices

Oil prices could fall to as low as $10 per barrel within a decade as a “tsunami” of threats could undo demand. That prediction comes from Engie SA’s innovation chief, Continue Reading

Oil prices were steady on Tuesday in timid trading ahead of the year-end holidays, with investors beginning to unwind positions without expecting to take up new ones until the start Continue Reading

Oil prices inched up on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices. Continue Reading

Oil extended gains above $52 a barrel as a planned production boost from Libya stalled amid continuing tension in the OPEC member that’s exempt from output cuts. Futures climbed as Continue Reading

An employee at a Total fuel station waits for customers in south Jakarta February 12, 2015. Oil prices inched up on Monday in anticipation of tighter crude supply going into Continue Reading

Oil prices rose on Friday after Kuwait appeared to be lining up bigger supply cuts than had been initially expected from January as part of a coordinated effort by oil Continue Reading

In just five days, Goldman Sachs has changed its mind about the expected OPEC cuts compliance, now seeing cartel members—especially Saudi Arabia—as having a “strong” incentive to stick to promised Continue Reading