U.S. Stocks Drop as Oil Slides
U.S. stocks, bonds and oil prices slid Tuesday, extending markets’ volatility into a third session. After going two months without a daily move of 1% or more, the S&P 500 Continue Reading
Crude Oil Climbs as U.S. Equities Advance, Dollar Retreats
S&P 500 Index climbed after shares in Europe, Asia dropped OPEC flips forecast to predict 2017 rebound in rivals output Oil advanced as U.S. stocks rebounded from the biggest rout Continue Reading
Oil falls after forecasts show darkening outlook
Oil fell on Tuesday following a series of gloomy predictions on demand growth that suggested the global overhang of unused inventories may persist for much longer than investors anticipate and Continue Reading
Oil market awash with crude, Opec says
Oil markets will remain awash with crude well into 2017, Opec warned on Monday, as the resilience of the US shale industry and new streams of oil production threaten to Continue Reading
Oil Prices Rise Amid Weaker Dollar, Cushing Storage Report
Oil prices rose Monday amid a weaker dollar and a report of a sharp drop in stockpiles at the key storage hub of Cushing, Okla. U.S. crude for October delivery Continue Reading
Supply estimates drag oil prices lower early Monday
Supply estimates drag oil prices lower early Monday 6 hours ago Crude oil prices continued their downward slide as market watchers took stock Monday of production estimates from countries outside Continue Reading
Oil Bears Dominate Market as Doubt Grows Over Output Limits
Speculators boost bets on lower WTI crude prices by 37%: CFTC OPEC, Russia, other producers meet in Algiers on Sept. 26-28 The longer OPEC and other producers talk about a Continue Reading
Oil extends decline amid projected rebound in U.S. stocks
Oil prices extended declines on Monday amid projections that U.S. data is set to show a big rebound in crude inventories to offset an unexpected slump due to the impact Continue Reading
Why $50 Is The Right Price For Oil
Crude oil prices: time spent above and below $50 – chart: EnerCom Analytics The current price of oil may feel low given the fading memories of $100 per barrel oil Continue Reading
Oil Declines as IEA Says Surplus Will Last Longer Than Expected
U.S. crude inventories forecast to rise by 4 million barrels Surplus will persist into late 2017 as demand slows: IEA Oil declined as the International Energy Agency changed its view Continue Reading