News

Jan

16

Oil Advances on Optimism Sparked by Historic U.S.-China Truce

Oil rose to the most in more than a week as the preliminary trade truce between the U.S. and China fanned optimism about economic growth.


Dec

13

Oil Reaches Three-Month High Above $60 on US-China Trade Pact

Oil rose above $60 a barrel for the first time in almost three months after the U.S. and China agreed on the text of a partial trade deal, giving a boost to the fragile outlook for global oil demand.


Sep

30

Oil Will Hit Levels “We Haven’t Seen In Our Lifetimes” If Iran Isn’t Stopped

Saudi Arabia’s Crown Prince Mohammed bin Salman has warned of astronomical oil prices in the event that tensions escalate in the Persian Gulf, two weeks after his country was hit by a drone and cruise missile attack that Riyadh and Washington have blamed on Iran.


Sep

16

Oil Prices Jump The Most Ever After Saudi Strike

Oil surged the most ever after a strike that wiped out about half of Saudi Arabia’s output capacity heightened concern about more destabilization in the world’s most important crude-producing region.


Sep

10

Weakening Shale Productivity “VERY Bullish” For Oil Prices

After years of improvements in drilling techniques and impressive “efficiency gains”, there is now evidence that the U.S. shale industry is reaching the end of the road on well productivity.


Jul

09

Oil Rides to 7-Week High on Gulf Storm, Tightening U.S. Supply

Oil rode a tide of bullish news to its highest price in almost two months as a potential hurricane roiled the Gulf of Mexico and U.S. crude inventories dropped.


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