Oil market



Oil prices rise

Oil prices rose on Monday, supported by a slowdown in the growth of rigs looking for crude in the United States and because of strong…


How OPEC can kill US shale

One commodity analyst got it right: the OPEC cuts would not work. After November last year when the oil cartel announced its agreement with Russia…


Oil and gas situation

Oil Price, Oil Price, Who’s Got The Oil Price? If you’re having a hard time figuring out where the price of oil is heading, don’t…




Oil is stable

Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per…


Oil rises above $48

Oil rose above $48 a barrel on Wednesday in response to a fall in U.S. fuel inventories and a cut in the U.S. government’s forecast…