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No Rhyme or Reason Behind Friday's Crude Losses, Says Analyst
Dec 21, 2018 ... crude market once again distinguished itself on Friday by U.S. oil earning the worst performance since January of 2016, by ending the week down 11 percent - but at least one analyst suggested ...
OPEC Moves to Shore Up Prices After Crude Tumbles Again
Dec 20, 2018 ... price gains were merely a momentary snag, crude on Thursday resumed its plummet, with U.S. oil dropping 4.8 percent amid reports that the Organization of the Petroleum Exporting Countries ...
Crude Makes Gains as Analysts Blame Decline on "Toxic" Geopolitics
Dec 19, 2018 ... today, but only one that offsets a minuscule portion of recent losses." But Stephen Brennock, oil analyst at PVM Oil Associates, stated in a research note published Wednesday that despite ...
WTI Dips Below $50/bbl, Brent Under $60/bbl
Dec 17, 2018 ... pointing to the concern that there's more supply and demand is weakening" - indeed, China's oil refinery throughput in November fell from October, suggesting an easing in oil demand, and ...
OPEC Playing Second Fiddle to Russia as Analysts Worry More About Demand than Supply
Dec 17, 2018 ... Monday's sobering crude market losses in which U.S. oil dipped below $50 for the first time in a year, the analytical community's focus has intensified on the Organization of the Petroleum ...
Crude Prices Resume Downward Spiral As Analysts Insist Bottom Is Near
Dec 14, 2018 ... U.S. equity markets to fall briefly on Friday, enough to influence commodities; plus, Chinese oil refinery throughput in November fell from October, suggesting an easing in oil demand. Jim ...
Crude Gains Thursday, IEA Sees Suppliers Moving for $60 Floor
Dec 13, 2018 ... Bloomberg television that he agreed with assessments that suppliers will put a $60 floor under oil, but  he added "I think the real question is demand, not so much supply, going ...
Crude Gains Tuesday, Analysts Believe Market Has Now Hit Bottom
Dec 11, 2018 ... settling up 65 cents to $51.65 per barrel. A force majeure on exports from Libya's El Sharara oilfield will result in a production loss of 315,000 barrels per day (bpd), and an additional loss ...
OPEC+ Agrees Oil Cut Deal
Dec 7, 2018 ... yesterday's uncertainly and indecision, OPEC and its allies today have agreed to cut oil production during the first six months of 2019. OPEC will reduce output by 800,000 bpd, while ...
Oil Drops on Thursday as OPEC+ Fail to Agree Oil Cut Deal
Dec 6, 2018 ... that the Organization of the Petroleum Exporting Countries (OPEC) would fail to agree upon an oil cut deal proved correct at its Vienna summit on Thursday, causing crude prices to tumble almost ...