Global oil prices

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Is OPEC deal doomed?

Late on Monday the oil world was shocked to learn that Ecuador planned on exceeding its OPEC production quota, publicly breaking from the supply cuts…




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Oil prices rise

Oil prices rose on Monday, supported by a slowdown in the growth of rigs looking for crude in the United States and because of strong…


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Oil and gas situation

Oil Price, Oil Price, Who’s Got The Oil Price? If you’re having a hard time figuring out where the price of oil is heading, don’t…




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Oil is stable

Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per…


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Oil rises above $48

Oil rose above $48 a barrel on Wednesday in response to a fall in U.S. fuel inventories and a cut in the U.S. government’s forecast…