Money managers, producers and consumers made the biggest bets on West Texas Intermediate crude prices in nine years, amid signals more volatility is coming. Global markets were roiled after Donald Continue Reading
Oil prices rose around 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein oversupply that has kept prices low for over two years. Continue Reading
It may be a tad early to call a peak in the price of thermal coal in top-consuming region Asia, but at the very least the momentum seems to have Continue Reading
Goldman Sachs Group Inc. raised its oil-price forecast for early next year, while Russia, Iran and Iraq separately signaled optimism that producer nations will be able to reach a deal Continue Reading
OPEC members are shooting for crude oil priced at around $60 per barrel if production agreements come through, Iran’s oil minister said. Iranian Oil Minister Bijan Zangeneh met during the Continue Reading
Oil prices rose around 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein oversupply that has kept prices low for over two years. Continue Reading
Oil futures advanced in Asian trade Monday following fresh diplomatic wrangling ahead of a highly anticipated meeting of the Organization of the Petroleum Exporting Countries next week. On the New Continue Reading
A report from auditors PricewaterhouseCoopers (PwC) has revealed that oil prices are unlikely to climb back to the $100 level, and will have a limited rise from the current spot Continue Reading
Producer, hedger bets on WTI rise to highest since 2007: CFTC Oil traders bought record number of WTI calls on Nov. 15 Money managers, producers and consumers made the biggest Continue Reading
Oil futures edged lower Friday with volatility expected ahead of a meeting later this month of major oil producing countries aiming to strike a deal to cut output and stabilize Continue Reading
