News

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.


Jun

28

Iran Sanctions Could Soon Push Oil Prices Above $90 A Barrel

Bank of America Merrill Lynch Says: ” We are in a very attractive oil price environment and our house view is that oil will hit $90 by the end of the second quarter of next year”.


May

22

Morgan Stanley Says a Shipping Revolution Has Oil Headed for $90

Forget Iran and OPEC - there’s another issue that will keep oil prices supported for the next two years, according to Morgan Stanely.


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