News

Feb

22

Oil Spikes On IEA’s U.S. Shale Outlook and Rig Data

Oil prices rose 7 percent on Monday after the world’s oil consumer body said it expected U.S. shale production to fall this year and next, potentially reducing the glut in supplies that has cut prices by 70 percent in 18 months.


Feb

19

Summer Is Coming For Oil: 50% Price Spike Ahead, Says BOFA

Summer driving season could help crude catch a bid.