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Brent Crude

January 2, 2023

US Seeks to Refill its Depleted Oil Stockpiles

Brent Crude

The United States will halt oil-reserve sales in order to fill its depleted stockpiles. This decision by the US Department of Energy comes as global…

News
September 22, 2022

Oil going higher on Russian supply concerns in volatile trade

Brent Crude

Oil settled nearly 1% higher on Thursday, paring earlier gains as the market focused on Russian oil supply concerns, rebounding Chinese demand, and as the…

News
April 2, 2022

UK won’t get Russian gas

Brent Crude, Geopolitics

British energy major Shell will not be able to buy Russian gas due to London’s anti-Russia sanctions, Dmitry Peskov, the press secretary of Russian President…

News
March 3, 2022

Oil rises toward $120 after Biden hints at tougher Russian energy sanctions

Brent Crude, Commodities, Crude Oil Prices

Oil keeps rising w/WTI soars to highest since 2008 as Russia invasion upends the market. A decision by OPEC+ to continue its plan to gradually…

News
July 8, 2021

Bigger Than Expected Crude Oil Draw in the U.S. Helps Oil Prices

Brent Crude

 Brent crude oil futures rose 69 cents, or 0.9%, to settle at $74.12 a barrel Global crude supplies might still increase after the OPEC+ negotiations…

News
December 29, 2020

Oil Prices Continue to Climb after Large Crude Draw

Brent Crude, Crude Oil Prices

Oil Prices Continue Climb On Large Crude Draw. The American Petroleum Institute (API) on Tuesday reported a decrease of 4.785 million barrels of crude oil…

News
March 30, 2020

Brent Crude Falls to 17-Year Low

Brent Crude, Commodities, Crude Oil Prices

Crude crashed to its lowest in 17-years as virus lockdowns cascade through the world’s largest economies. The market has been roiled by cratering demand and…

News
March 21, 2020

Texas Oil Regulator trying to save the Oil industry from itself

Brent Crude, Commodities, Crude Oil Prices, Texas Oil Regulator

Texas’ oil regulator which oversees the nation’s top oil-producing state might immediately force producers to curtail some of their output by shutting off existing wells,…

News
March 20, 2020

MASS LAYOFFS IN NORTH DAKOTA – TEXAS

Brent Crude, Commodities, Economy

John Kilduff, Again Capital founding partner, calls ‘Power Lunch’ to discuss oil plunging into the close and what’s behind the move. John Kilduff, CNBC contributor…

News
March 18, 2020

Brent crude was up $2.10, or 8%, at $26.98 a barrel

Brent Crude, Commodities, Crude Oil Prices

After getting tired of losing Market share to American oil Russia and Saudia Arabie are dumping oil at prices the market hasn’t seen the lowest…

News
March 16, 2020

The U.S. is preparing to start buying 77 million barrels of oil

Brent Crude

The U.S. is preparing to start buying as much as 77 million barrels of oil for its emergency stockpiles within the next two weeks, an…

News
March 9, 2020

Oilfield Bust? Time to invest in oil?

Brent Crude, Crude Oil Prices

The Oil industry is witnessing a major correction. Mass Layoffs and investment pull-back from oil majors are expected after Oil prices plunge because OPEC+ failed…

News
March 9, 2020

Stocks Plunge At Market Open, Dow Down 1800 Points

Brent Crude, Business, OilField

Trump says oil price plunge is ‘good for the consumer’ as he blames media, oil for stock drop. Investors continued to seek safer assets amid…

News
March 8, 2020

Goldman Sachs is now out with a dire warning: $20 a barrel oil.

Brent Crude, Commodities, Crude Oil Prices

Brent crude oil futures tanked as much as 31% to $31 a barrel on Sunday evening as Saudi Arabia ratcheted up pressure on Russia by…

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