OPEC predicts stronger demand for crude next year
September 17, 2015
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OPEC predicts stronger demand for crude next year

Analysts at Raymond James anticipate U.S. production from May of 2015 through the end of…

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Oil prices rise on expectations of lower USA inventory
September 15, 2015
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World

Oil prices rise on expectations of lower USA inventory

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Non-Opec oil output set for biggest fall since 1992 says IEA
September 15, 2015
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Non-Opec oil output set for biggest fall since 1992 says IEA

Shale oil production in the USA will drop by 385,000 barrels a day next year…

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FT: Oil fund manager Andurand sees crude prices below $30
September 7, 2015
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Business

FT: Oil fund manager Andurand sees crude prices below $30

Despite data on Wednesday showing a huge build in USA crude inventories, oil rallied early…

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Saudis, Iran at odds over OPEC price forecasts
September 3, 2015
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Business

Saudis, Iran at odds over OPEC price forecasts

Similar understandings to cooperate in the past have fallen apart, making coordinated action unlikely.

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Iran says OPEC members in favor of $70/b oil price
August 31, 2015
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Business

Iran says OPEC members in favor of $70/b oil price

Saudi Arabia, as an example is predicted to see a authorities deficit, in comparison with…

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Crude Oil is Steady despite Decline in Gasoline and Heating oil
August 30, 2015
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Business

Crude Oil is Steady despite Decline in Gasoline and Heating oil

Moreover, the report also showed that US crude production fell by just 11,000 barrels per…

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Venezuela pushing OPEC members for emergency meeting with Russian Federation
August 29, 2015
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World

Venezuela pushing OPEC members for emergency meeting with Russian Federation

Saudi Arabia is leading the drive for lower prices, producing oil at full capacity despite…

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Oil price hits 6.5-year low of almost $40 a barrel
August 26, 2015
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Business

Oil price hits 6.5-year low of almost $40 a barrel

“The numbers were a total surprise with crude showing a build when the whole Street…

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Iran says an OPEC emergency meeting may stop oil price slide: Shana
August 26, 2015
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Business

Iran says an OPEC emergency meeting may stop oil price slide: Shana

Oil prices have been sinking for months, and the huge losses on the Chinese stock…

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