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Crude Oil Prices

March 12, 2020

Warren Buffett talks oil price plunge, his investments that are now at a loss

Business, ConocoPhillips, Crude Oil Prices

Berkshire Hathaway CEO Warren Buffett weighs in on investing in oil after having the worst day since 1991.

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 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…

News
March 6, 2020

No OPEC Deal? – Unprecedented Situation in Oil

Crude Oil Prices

OPEC ministers had said on Thursday that the coronavirus outbreak created an “unprecedented situation” that demanded action, as measures to stop the virus spreading dampens…

News
March 6, 2020

Oil prices plunge – OPEC+ fails to agree on production cut

Commodities, Crude Oil Prices

The Failure to secure a deal between OPEC, Russia and other members of an alliance known as OPEC+, which was a tool used by The…

News
September 3, 2019

China has begun imposing new tariffs to crude oil from the U.S

Brent Crude, Crude Oil Prices

China has begun imposing new tariffs to crude oil from the U.S. In the continued escalation to Trump’s trade war, China also filed a complaint…

News
June 17, 2019

A Failure Of OPEC+ Could Turn The U.S. Oil Boom Into Another Bust?

Commodities, Crude Oil Prices

By David Blackmon The prevailing conventional “wisdom” appears to be that they will take their medicine one more time, and agree to at least extend…

News
March 13, 2019

OPEC is sending a clear warning to Washington

Commodities, Crude Oil Prices, Oilfield News

OPEC is sending a clear message to Wall Street banks and big investors: if Washington passes legislation that would allow the U.S. government to sue…

News
December 27, 2018

Crude Oil market volatility seen continuing into the New Year

Crude Oil Prices

The oil market is under the thrall of macroeconomic factors that are weighing on the stock market and raising questions about crude demand in 2019.

News
December 26, 2018

Crude gets caught up in financial market weakness

Crude Oil Prices

Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic worries had been overdone amid an OPEC-led effort to tighten supply.

News
December 21, 2018

The collapse in oil prices, now hovering around $45 per barrel in the U.S

Commodities, Crude Oil Prices

Currently national gas prices at the pump average around $2.34 a gallon.

News
December 17, 2018

Oil falls below 50 – The OPEC+ Russia cuts still not doing much to boost oil prices

Crude Oil Prices

Oil prices fell more than 2 percent on Monday, with U.S. crude tumbling below $50 a barrel, on signs of oversupply in the United States

News
December 16, 2018

Cheap Oil is no longer a good thing for the U.S Economy

Crude Oil Prices

Previously, the decline in oil prices was definitely beneficial to the American economy, but now the situation is more complicated and this principle no longer…

News
December 11, 2018

2019 U.S Oil producers will pump an average 12.06 million barrels a day

Brent Crude, Crude Oil Prices

EIA expects global liquid fuels consumption to increase by 1.5 million b/d in 2019, with growth largely coming from China, the United States, and India.

News

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