Oil Rigs Around the time of the February oil crash, we first mused whether OPEC had developed a curious habit of jawboning oil prices higher with the help of flashing Continue Reading
Nymex WTI average daily volume growth more than double Brent Exchange’s prominence boosted by end of U.S. trade limits In the battle for supremacy between the world’s two largest oil Continue Reading
The political outlook – from the US elections and Brexit to the Middle East – has not looked more uncertain than it does now for at least a decade or Continue Reading
Election day in the United States is tomorrow, and we’re taking a closer look at how oil prices change right after a new American president is chosen. On Friday, we Continue Reading
Oil prices rose by over 1 percent on Monday, with traders citing opportunistic buying after sharp declines in the previous week that brought prices to their lowest since early August Continue Reading
Oil prices are headed for the biggest weekly decline since January as it appears the OPEC deal is falling apart at the seams (Click to enlarge) (Click to enlarge) (Click Continue Reading
Oil prices dropped to a six-week low, extending a week-long slide amid more skepticism about production cuts from the Organization of the Petroleum Exporting Countries. Light, sweet crude for December Continue Reading
For the oil markets, this week has been nothing short of a Tea Cup ride at some rinky-dink traveling fair, operated by some suspect toothless man wearing overalls with a Continue Reading
Oil prices were on course for their sixth straight day of falls on Friday, dragged lower by a surge in U.S. crude inventories, timid demand and doubts over the ability Continue Reading
Money managers cut their bullish wagers on U.S. crude for the second straight week to the lowest in a month, data showed on Friday, as traders and investors turned increasingly Continue Reading
