OPEC meeting -the most anticipated event the oil market is waiting for right now- is only a few days away. The meeting outcomes will play a huge role …
Investors & Traders
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Last Week Oil Prices Overview: Last week, crude oil prices fell by more than 3 percent touching new lows around $43/bbl as we expected in our last week Oil Price Commentary; Will …
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Last Week Oil Prices Overview: Last week, oil prices had to say its goodbyes for $50/bbl. It was really a bad week for oil prices. Driven by the …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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. …
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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 …