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Oil price

Oil Price
Oil Prices Fall But Hold Near 3-month High on Trade Deal Agreement
Brent crude oil futures fell 23 cents, or 0.4 per cent to $64.99 a barrel by 0101 GMT, after closing at a near three-month high on Friday.
Oil Price
Oil Surges as Saudis Surprise with Pledge of Additional Cuts
Oil in New York posted the biggest weekly gain since June after Saudi Arabia surprised the market with a significant supply cut beyond what was agreed to with f…
Oil Price
Oil Prices Up with Positive US, China Trade Talks
Crude oil prices were up early Tuesday supported by a top U.S. official's comments on positive trade talks between the U.S. and China on Monday.The trade talks …
Oil Price
Oil Steady After OPEC+ Members Agree Deeper Output Curbs
Crude prices held firm in Asia on Monday after OPEC and its allies agreed to enlarge production cuts and Saudi Arabia said it would go even further with its own…
Oil Price
OPEC Countries Unanimously Support Extension of Oil Output Cuts
The Petroleum Exporting Countries (OPEC) unanimously support an extension to the agreement on the reduction of oil output after March 2020 and continue to discu…
Why would Anyone buy Saudi Aramco?
Saudi Aramco makes more money than any other company on Earth. But low oil prices, the climate crisis and geopolitical risk could deter investors from buying in…
Oil Price
Oil Price can Never Get to above $100 per Barrel in Our Lifetime
Speaking as a guest lecturer at the first convocation ceremony of Edo University, Iyamho, Edo State, Emefiele said, “oil price can never get to above $100 per …
Oil & Gas Trade
Oil Prices Fall As EIA Reports Large Crude Build
Analysts expected a build of 729,000 barrels for last week after a 1.7-million-barrel draw interrupted a string of five weekly inventory builds, which added mor…
Oil Price
Saudi Arabia's Best Bet Is to Crash the Price of Oil
Saudi Arabia should give up trying to manage the global crude market and return to the pump-at-will policy it briefly adopted in 2014 under its longest serving …
Shale Gas
The Warning Signs Are Flashing For U.S. Shale
U.S. oil production growth has slammed on the breaks, as low prices and the loss of access to capital markets has forced a slowdown in drilling.
Oil Price
Oil Snaps Six-Day Drop as Shrinking Supply Offsets Growth Fears
Oil snapped a six-day losing streak as a surprise drop in U.S. stockpiles and tumbling OPEC output helped to offset more evidence the global economy is weakenin…
Oil Price
No, the Saudi Oil Attacks Were Not 'False Flag'
As a continuing series of dramas and crises distract our attention from the unresolved questions around the Yemeni attacks on Saudi Aramco, it’s vital to state…
Oil Price
Saudi Ambition Confronts New Vulnerability
A year later, in his first interview on Arab television, he chastised the Saudi public for their addiction to oil and pledged to transition the economy to one b…
Oil Price
Oil at $100 per barrel?
The drone strike on key Saudi oil facilities could stoke already-flaring tensions in the Middle East, driving crude prices higher amid growing fears of supply s…
Oil Price
Is Saudi Aramco Lying about its Damaged Oil Infrastructure?
Repairs at the Khurais field and the Abqaiq processing facility may take several months rather than the ten weeks tops that Aramco had initially estimated.

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