Oil Price Will Stabilize The price of oil should finally stabilize in 2017. OPEC, coming off its productive meeting at the end…
Category: oil price
Navigating OPEC’s Oil Market Manipulation
Last week, Saudi Arabia and Russia caused a spike in oil prices at the G20 summit. Oil ministers from the two…
Don’t Feed the Bears
As I have just returned from Wyoming, a state known for energy and for bears, we see the two converging…
Oil’s Slide is No Joke
At the end of last week, the price of oil suddenly dropped 5%. This slide comes on the heels of…
Crude Oil & Gasoline Stocks: A Look Ahead
According to the EIA, the United States has drawn down more than 4 million barrels from its record high stocks.…
Brexit Wins, Now What for Oil?
At the time of writing, it appears that Brexit will be victorious in Britain. The BBC, Sky News, and other…
Oil’s Climb: Putting on the Breaks
Analysts are conflicted over whether oil’s latest climb (now hovering just under $49/barrel) is simply a result of temporary production disruptions or whether…
3 Factors Effecting Short & Long Term Oil Demand
1) U.S. Gasoline Demand American consumers use more gasoline then diesel or jet fuel. Gasoline demand usually begins to rise…
Oil Supply Disruptions & the Global Supply Glut
The big question this week is whether supply disruptions will make a dent in the oil market’s ever-present global supply glut. The…
This Oil Rally Won’t Last: 4 Reasons Why
The price of oil reached a new year-high last week – $46. Oil’s steady climb over the past few weeks,…