Last Week Oil Prices Overview: Driven by the return of oversupply concerns, strengthening US dollar, and OPEC’s oil deal uncertainty, last week crude oil prices saw their biggest…
Oil Prices Fall on Iraqi Comment & A Spike in US Dollar Crude oil prices fell below the market threshold of $50 per barrel this week as expected…
Overview of Oil Prices Last week, crude oil prices started the week losing around 1 percent in the first two days of trading as expected in our last…
- Oil Market Insights
Market-Share War: A Short-Term Win for The Saudis and A Long Term Win for Shale Oil Producers
Since the beginning of the current oil market downturn, I have read many articles talking about who won the oil market-share war. Many of these articles pointed at…
Overview of Oil Prices Last week, crude oil prices hit one year high on Monday following a positive comment made by Russia which said it was ready to…
Overview of Oil Prices As expected in our last week’s Oil Price Commentary “OPEC Oil Deal Is Driving Oil Prices Above $50 A Barrel This Week“, crude oil…
In the last two weeks I attended two big events in the oil and gas industry; the Annual Technical Conference and Exhibition ( ATCE ) in Dubai, and Malaysia…
Crude oil prices reached its highest level since months ago supported by OPEC’s oil deal, a sharp decline in U.S. crude oil stockpiles, and anticipations of a negative impact…
By now, everyone knows that OPEC has settled on the outline of an agreement to cut its oil production for first time since the height of the global…
Overview of Oil Prices Crude oil prices spiked sharply last week following a decision by OPEC to cut its oil production after two years of market share war…
Reading the news about OPEC’s members reactions to Algeria’s meeting makes you feel it is still April 2016, but looking at the calendar tells you it is not.…
Overview of Oil Prices: Last week was a bad week for crude oil prices, and this week does not seem to be any better. Oil prices fell sharply…