
Why Oil Prices Could Still Go Lower
Crude markets had a panic attack in August and September that sent prices soaring
page 2
Crude markets had a panic attack in August and September that sent prices soaring
Global demand is forecast to average 98.83 million barrels a day in 2018
Argentina have made it into the knockout stage of the 2018 FIFA World Cup after edging Nigeria 2-1 in their final Group D match yesterday in St. Petersburg. The opening goal and Russia 2018’s 100th was scored by Argentina’s …
US President Donald Trump said the United States should no longer serve as the “policemen of the world.” “We more and more are not wanting to be the policemen of the world,” Trump said …
Oil up a fourth-straight week
Nigeria plans to join the OPEC oil cut deal, Nigeria's Minister of State for Petroleum Emmanuel Ibe Kachikwu said. “OPEC members are trying to target a figure of close to $60 a barrel. We’re …
The group appears to be nervous that its production cut deal will once again fall short
OPEC will invite Libya and Nigeria to the next meeting, which will be held in Vienna on September 22, a joint OPEC, non-OPEC monitoring ministerial committee said. "The committee plans to invite Libya and Nigeria to the next …
U.S. shale oil producers are now a low-cost global competitor
Oil prices fell on Friday, dragged lower by persistent oversupply worries despite a bigger-than-expected drawdown in U.S. crude inventories. Brent crude was at $51.62 a barrel at 0652 GMT, down 28 cents (0.54%) from its last close. That …
As oil producers meet, agreement looks strained
Following Positive Demand Signals
U.S. shale output presses on oil prices, according to Goldman Sachs
OPEC pointed to continued high compliance by its members with the supply deal
as rising output risks OPEC-led deal
The U.N. humanitarian chief says the world faces the largest humanitarian crisis since 1945 with more than 20 million people in four countries facing starvation and famine, TIME reported. Stephen O'Brien told the …
Saudi Arabia pumped less after seeing record output in November
Oil prices continue to edge up as 2016 comes to a close, a dramatic turnaround for the industry compared to the start of the year
Today the group is holding another internal meeting to try to resolve its own differences
OPEC members have made progress toward completing a deal to cut output