Bets On $200 Oil Surge As Traders Eye Extreme Volatility
A week ago, the U.S. Energy Information Administration cut its crude oil demand outlook for 2023 by 320,000 bpd, with supply also falling, by 300,000....
Is This The Next Major Threat For Oil Demand?
Manufacturing growth in the United States slowed in September to its lowest rate since the pandemic recovery started, in another sign that the U.S. economy...
An Oil Supply Shock May Be Imminent
When the chief executive of Aramco said earlier this week that years of underinvestment had damaged the balance between supply and demand in the oil...
The World Could See A Record-Breaking Oil Supply Shock
The global oil market could lose 3 million barrels per day (bpd) of supply from Russia starting in April, as sanctions on banks and buyers’...
$90 Oil Is Only The Beginning
Brent crude touched $90 per barrel briefly this week for the first time in years. This latest jump was attributed to tensions around Ukraine, but...
Could Oil Really Reach $200?
By Irina Slav – Jan 14, 2022, 10:00 AM CST Oil is about to post its fourth week of gains in a row, and the...