News

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.


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.


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