Oil prices fell on Monday as analysts doubted upcoming producer talks would be able to rein in oversupply, saying that Brent would likely fall back below $50 a barrel as Continue Reading
Oil has finally found a strong bull in Savita Subramanian, commodity strategist at BofA Merrill Lynch, who believes oil will rally to $54 a barrel by this year-end and continue Continue Reading
We’ve entered the twilight zone in oil, where rumors and financial moves in outer markets are affecting oil and the stocks we’ve accumulated, making trading these markets not only difficult, Continue Reading
Oil Rig Bulls grinned on Thursday last week when Brent Crude rallied past the US$50 price mark for the first time in six weeks. The biggest oil companies may have Continue Reading
Speculators cut wagers on falling WTI crude price by 26%: CFTC OPEC could freeze output as big members pump flat-out: Khelil OPEC has done it again. Talk of a potential Continue Reading
Brent crude oil prices dipped in early Asian trading hours on Friday, but remained near two-month highs with Brent still holding above $50 per barrel in a bull-run that has Continue Reading
Oil prices staged a strong rally on Thursday, moving up 3% for the sixth straight day of gains. Brent hit an eight week high on news that the world’s biggest Continue Reading
After 3-4 weeks of waiting for oil to drop convincingly below $40 for a buying opportunity we seem to have missed the boat on this rally. We see prompt Brent Continue Reading
Hedge funds and other speculators cut their bullish exposure to U.S. natural gas to June lows, data showed on Friday, after varying forecasts for summer led to worries about reduced Continue Reading
U.S. producers put 76 oil rigs back to work in eight weeks Permian Basin leads increases with 7 of 10 added this week Shale drillers are adding the most oil Continue Reading
