News

Apr

01

Oil Surges To Nearly 5-Month High On Tightening Supply, Fading Worries Over Global Growth

Improved Chinese economic data, signs of supply constraint combine to boost crude market


Mar

28

Oil Posts Biggest Quarterly Rise Since 2009 On OPEC Cuts, Sanctions

NEW YORK (Reuters) - Oil prices rose about 1 percent on Friday, posting their biggest quarterly rise in a decade, as U.S. sanctions against Iran and Venezuela as well as OPEC-led supply cuts overshadowed concerns over a slowing global economy.


Jan

28

Saudis Pledge Deeper Oil Cuts in February Under OPEC+ Deal

Saudi Arabia expects to reduce oil output once again in February and pump for six months at levels “well below” the production limit it accepted under OPEC’s oil-cuts accord, Energy Minister Khalid Al-Falih said.


Oct

08

OPEC “Powerless To Prevent” Oil Prices Jumping Toward $100 A Barrel This Year

China initially rejected a U.S. request to choke off the flow of petrodollars to Iran but, amid intense pressure from the Trump administration, China is now reportedly taking steps to comply.


Jul

13

Big Oil Is Sowing The Seeds For A “Super-Spike” In Crude Prices Above $150, Bernstein Warns

Oil prices could top all-time highs near $150 a barrel because energy companies are investing too little money in new production, Bernstein Research said Friday.


Jul

06

There Are Fears About An Oil Spike Above $150

Oil investors may regret urging companies to cough up cash now instead of investing in growth for later as the death of exploration is setting the stage for an unprecedented crude price spike, according to Sanford C. Berstein & Co.


 1 2 3 >  Last ›