September 21, 2026
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June 30, 2026
“Global oil prices on Monday surged back above $114 per barrel and settled at its highest level in nearly four years, after Iran ramped up attacks on energy facilities in United Arab Emirates and ships in the Strait of Hormuz,… Continue Reading…
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April 12, 2026
“While investors focused on the fragile Iranian ceasefire this week, a desperate scramble for cargoes has been playing out in the oil market, as traders and refiners scour the globe for immediately available supplies…” https://archive.ph/dd7Nf#selection-1511.0-1514.0 This is not good for… Continue Reading…
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August 22, 2024
“…The U.S. benchmark is now up just 0.91% for the year, while global benchmark Brent crude has erased all of its gains for 2024. Oil prices settled more than 1% lower on Wednesday after U.S. job growth was revised significantly lower,… Continue Reading…
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May 1, 2024
“U.S. crude oil moved nearly 2% higher Tuesday to top $83 a barrel on optimism that weak manufacturing data could accelerate interest rate cuts. U.S. manufacturing activity hit a four month low of 49.9 in April, according to the S&P Global… Continue Reading…
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November 22, 2023
“U.S. crude prices fell more than 4% Wednesday after the Organization of Petroleum Exporting Countries delayed a pivotal meeting on production cuts that was scheduled for the weekend. The West Texas Intermediate contract for January dropped $3.27, or 4.2%, to $74.50 a barrel, while… Continue Reading…
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October 31, 2023
“In a research report published on Friday, JPMorgan analyst Christyan Malek upgraded the entire global energy sector to an overweight rating, warning that the recent surge in oil prices could potentially drive Brent crude prices as high as $150 a… Continue Reading…
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October 6, 2022
“OPEC+ will cut oil production by 2 million barrels per day amid looming demand concerns and the ongoing friction between the West and Russia over the war in Ukraine… “It is OPEC that is going to be controlling the price.… Continue Reading…
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March 8, 2022
“Russia has threatened to close a major gas pipeline to Germany and warned of $300 oil prices if the West goes ahead with a ban on its energy exports. “It is absolutely clear that a rejection of Russian oil would… Continue Reading…
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March 7, 2022
“Traders piled into options that oil could surge even further after rising to the highest since 2008, with some even placing low-cost bets that futures surpass $200 before the end of March… Prices to buy call options at higher prices… Continue Reading…
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