Oil Market Surplus Strengthens Case For New OPEC Output Cuts
This week, OPEC issued its Monthly Oil Market Report. It was released just hours after the IEA released its own ...
Tag: Oil Markets
Earnings Season Is Here, And Energy Companies Are Booming
Much to the chagrin of snowflakes everywhere, big oil and energy firms are slated to post a quarter of record ...
Highest-Ever July 4 Gasoline Prices Unlikely To Curb U.S. Demand
U.S. drivers are facing the highest gasoline prices for the 4th of July on record, but these are unlikely to ...
More Gains For Crude, But Some Warn That Economic Recovery Could Be Impeded
Meanwhile, Kemp argues that production should soon ramp up: File Image/Pixabay Strong U.S. factory data and improving unemployment numbers helped ...
Can OPEC+ Maintain Order As Oil Prices Rise?
After months of neglect from traders, oil became a hot commodity again this month as Brent surged over $65 a ...
Why Russia Will Struggle To Meet Its Production Cut Quota
The effect of oil well shut-ins on future production has become one of the main topics of discussion in the ...
Oil Plummets Over 3% As Russia Pulls Some Forces From Ukraine Border
But fear persists that oil will still breach $100 per barrel: File Image/Pixabay Russia sending home some of its military ...
OPEC+ Won’t Raise Output For Another Month
OPEC+ will meet again on March 4, but the group will likely agree to keep the same level of oil ...
Oil Prices Spike On Hopes Of OPEC+ Deal Extension
Oil prices rose early on Tuesday as market participants hope that the OPEC+ group may decide in the coming days ...
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has ...
