Oil and Gas Prices

News
January 18, 2018
Oilfield-service providers are eyeing a rebirth with higher crude prices sowing the seeds for a prolonged period of growth.
News
January 17, 2018
OPEC and other global oil producers including Russia won’t be discussing how to end output cuts when they meet this weekend in Oman even as crude prices have recently been rising, Kuwait’s oil minister said.
News
January 17, 2018
Oil continued to slide from a three-year high on speculation that a record long position built up by money managers leaves prices vulnerable to a pullback.
News
January 16, 2018
Oil slipped from a three-year high amid speculation that a surge in hedge-fund buying had pushed prices up too quickly.
News
January 15, 2018
Oil traded near the highest close in more than three years as Iraq echoed a call by the United Arab Emirates and other producers for OPEC-led output cuts to continue, despite recent price gains.
News
January 15, 2018
Husky Energy Inc., the best oil-sands stock last year, may emerge as a top pick for investors who are looking to capitalize on surging crude prices and already have shares of the largest Canadian producers.
News
January 15, 2018
Another week of rising oil price and another record for money manager bets on gains. But can it last?
News
January 14, 2018
Iraq joined the United Arab Emirates, Qatar and Oman in calling for OPEC and allied producers to stick with their agreement to cut oil output until the end of the year, despite recent price gains.
News
January 12, 2018
Oil remained on shaky ground as a bullish run-up in prices appears to have risk of deflating.
News
January 12, 2018
Legendary oil tycoon T. Boone Pickens is closing his hedge fund, saying trading oil has lost its luster.
News
January 12, 2018
Oil’s rise to $70/bbl for the first time in three years had clear triggers as supplies tighten and demand climbs.
News
January 11, 2018
Oil topped $70/bbl in London for the first time in three years as production cuts by OPEC and rising demand whittle away a global surplus.
News
January 11, 2018
EIA’s January Short-Term Energy Outlook forecasts Brent crude oil to average $60/bbl in 2018 and $61/bbl in 2019, slightly higher than the $54/bbl average in 2017. In both 2018 and 2019, EIA expects total global crude oil production to be slightly greater than global consumption, with U.S. crude oil production increasing more than any other country.
News
January 11, 2018
An oil project off the tip of South America is on track to get the go-ahead by the end of this year as the companies involved in the development work to secure $1.5 billion in financing.
News
January 11, 2018
OPEC will stick with production cuts for the rest of the year as the group makes headway toward its goal of clearing an oversupply of crude, United Arab Emirates Energy Minister Suhail Al Mazrouei said Thursday.
News
January 10, 2018
Oil extended gains from the highest close in more than three years as U.S. industry data signaled crude stockpiles dropped an eighth week.
News
January 10, 2018
OPEC would try to talk down an oil rally above $70/bbl to cushion the impact on the global economy and rival supplies, according to Goldman Sachs Group Inc.
News
January 10, 2018
This year may be anything but staid for the oil market as Citigroup predicts wildcards including war, Middle East tensions, Donald Trump and Kim Jong Un driving crude toward $80/bbl.
News
January 10, 2018
Oil popped in after-hours trading as an industry report showed the biggest draw in U.S. crude stockpiles for this time of year since 1999.
News
January 09, 2018
A key OPEC minister has warned that the group risks overheating the oil market as crude prices head toward $70/bbl.
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