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Oil price

Why would Anyone buy Saudi Aramco?
Saudi Aramco makes more money than any other company on Earth. But low oil prices, the climate crisis and geopolitical risk could deter investors from buying in…
Oil Price
Oil Price can Never Get to above $100 per Barrel in Our Lifetime
Speaking as a guest lecturer at the first convocation ceremony of Edo University, Iyamho, Edo State, Emefiele said, “oil price can never get to above $100 per …
Oil & Gas Trade
Oil Prices Fall As EIA Reports Large Crude Build
Analysts expected a build of 729,000 barrels for last week after a 1.7-million-barrel draw interrupted a string of five weekly inventory builds, which added mor…
Oil Price
Saudi Arabia's Best Bet Is to Crash the Price of Oil
Saudi Arabia should give up trying to manage the global crude market and return to the pump-at-will policy it briefly adopted in 2014 under its longest serving …
Shale Gas
The Warning Signs Are Flashing For U.S. Shale
U.S. oil production growth has slammed on the breaks, as low prices and the loss of access to capital markets has forced a slowdown in drilling.
Oil Price
Oil Snaps Six-Day Drop as Shrinking Supply Offsets Growth Fears
Oil snapped a six-day losing streak as a surprise drop in U.S. stockpiles and tumbling OPEC output helped to offset more evidence the global economy is weakenin…
Oil Price
No, the Saudi Oil Attacks Were Not 'False Flag'
As a continuing series of dramas and crises distract our attention from the unresolved questions around the Yemeni attacks on Saudi Aramco, it’s vital to state…
Oil Price
Saudi Ambition Confronts New Vulnerability
A year later, in his first interview on Arab television, he chastised the Saudi public for their addiction to oil and pledged to transition the economy to one b…
Oil Price
Oil at $100 per barrel?
The drone strike on key Saudi oil facilities could stoke already-flaring tensions in the Middle East, driving crude prices higher amid growing fears of supply s…
Oil Price
Is Saudi Aramco Lying about its Damaged Oil Infrastructure?
Repairs at the Khurais field and the Abqaiq processing facility may take several months rather than the ten weeks tops that Aramco had initially estimated.
Oil & Gas Trade
It's Time For Traders To Take Advantage Of High Oil Prices
Citigroup is advising traders to sell their positions on oil and use the proceeds to hedge against a decline in equity markets, Bloomberg reports, citing a note…
Oil Price
Russian Economy will not be Under Serious Pressure Even if Oil Prices Drop to $40
The Russian economy will not be under serious pressure even if oil prices drop to $40 per barrel, Russian Economic Development Minister Maksim Oreshkin said.
Oil Price
Oil prices Fell on Monday after New Tariffs Imposed By Trade War
Oil prices fell on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and de…
Oil Price
US Refined Product Stocks Build Higher than Expected
Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product …
Crude
Oil Prices held Steady After the Energy Information Administration
Oil prices held steady on Wednesday morning after the Energy Information Administration today reported a draw of 2.7 million barrels in crude oil inventories.

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