Oil flat ahead of decisive Opec meeting
Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, sitting below the $50 a barrel…
Oil policy
Oil is steady after big drop in USA fuel stocks
Oil prices held steady on Thursday, hanging on to gains made the previous session when falling U.S. crude inventories lifted the market, as analysts offered…
Price of oil is living on borrowed time
Most experts agree that the future of oil is not bright at all. Just before prices fell from their highs at over $110 per barrel…
Saudi Arabia: Technical problems could wipe out the world’s oil glut in weeks
OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. Saudi Aramco CEO…
Four reasons oil will rally back to $50
“I think there is a high probability that we could see [WTI] rallying back to $50,” Bob Parker, member of the investment committee at Quilvest…
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…
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…
Oil edges lower on high fuel inventories
Oil markets edged lower on Friday amid high fuel inventories and improving industry efficiency, but remained on track for a solid weekly gain, Brent crude…
Giants of oil sign deal to exploit gas reserves
Chinese, French and Iranian energy giants signed a $4.8 billion deal to develop the world’s largest natural gas reserve in the Persian Gulf last Monday….
Oil below $45
Futures dropped as much as 1.9 percent in New York, erasing Thursday’s 0.9 percent gain. US oil output last week increased by the most since…