Rate rattle and crude oil
Crude oil prices are getting rattled as the fear that rising interest rates will slow down surging U.S. and global demand. High-yielding auctions and Fed minutes, that stated the obvious, was enough to send stocks and oil and the 10-year Note on a wild ...
Oil prices slump as dollar gets boost from hawkish Fed minutes
... hawkish minutes from the Federal Reserve's suggested the policy makers may raise interest rates faster than previously expected. Energy traders were also waiting for the release of weekly U.S. supply data later in the day, to check for any sign ...
ETF Daily News (blog)
What Is The Right Price For Oil In A Balanced Market?
In the International Energy Agency's most recent “Oil Market Report” that was published on February 13, 2018 it was reported that OPEC members were 137% in compliance with their production agreement and the Russian lead Non-OPEC group was 85% in ...
Where Will Oil Prices Go This Spring? (USO)
Saudis Ready To Swing Oil Market Into Deficit
Saudi Arabia is undergoing a truly seismic shift in its economy, politics, and society, all thanks to the oil price crash of 2014. Crown Prince Mohammed bin Salman, commonly referred to as MBS, would likely not have had the opportunity to initiate the ...
/ Women above 25 can now travel to Saudi Arabia without a companion
Saudi Women Need Not Wear 'Abaya': Senior Cleric
Surprise Crude Draw Lifts Hope For Oil Market
This week's data is more optimistic, with the API reporting not only a surprise draw for crude oil, but a modest gasoline build of 1.468 million barrels, which was largely in line with analyst forecasts that had the build pegged at a 1.229-million ...
Analyzing Iran's Crude Oil Production
US oil benchmark narrows gap with Brent crude
Oil falls as stronger dollar eclipses US inventory drop
Wall Street Journal
Oil Prices Mixed Ahead of Inventory Forecast
Wall Street Journal
Oil giant BP PLC said this week that it expects demand to peak in the next two decades, while the International Energy Agency said it doesn't expect oil demand to top out before 2040. Gasoline futures rose 0.7 cent, or 0.4%, to $1.7573 a gallon. Diesel ...
US crude exports hit major milestone as first supertanker exports crude to Asia
LOOP is the only U.S. port capable of fully loading a very large crude carrier (VLCC) — a supertanker capable of carrying around 2 million barrels of oil — and the first outbound super-vessel from that port now steps up the United States ...
Rig company Transocean sees hope in crude oil price recovery
21 (UPI) -- Rig company Transocean said it was upbeat about the recovery in crude oil prices so far this year, but acknowledged operating in challenging market conditions. Lower crude oil prices meant exploration and production budgets declined during ...
US crude drops 1.2%, settling at $63.39, as market volatility persists after equity sell-off
On Tuesday, the Dow turned positive shortly after U.S. markets opened and was last 76 points lower in volatile trade. Losses in the oil market were limited, in part because the sell-off appeared to be fueled by concerns that stocks are overvalued ...
Crude oil prices fall as global financial markets tumble
Crude Oil Prices Sink Over 1% Amid Global Market Plunge, US Production Spree
Oil Prices Decline as Traders Eye Increasing Supply
Crude oil has 'nowhere to go from here but down,' says market watcher
Some market watchers say that after a historically strong start to the year, crude oil is due for a breather.