ForbesBull Versus Bear: The Outlook For Oil PricesForbesWest Texas Intermediate crude oil for August delivery closed today at nearly $53 a barrel on the Nymex, up about 1%. This after a 7% plunge on on Monday. Volatility is the name of the game right now a …

ForbesNo Reason For OPEC To Relent in Oil Market TussleForbesThat OPEC is not going to give ground became quite clear back in November at its last meeting, where the oil producers' collective decided not to cut the 30 million barrels per day (bpd) prod …

ForbesBusting The Myth Of Oil Storage Hitting 'Tank Tops'ForbesThe glut has got America's independent oil companies so freaked out that they are actively agitating for Congress and the Obama Administration to bring an end to the Nixon-era ban o …

Business InsiderCrude oil is surgingBusiness InsiderOn Wednesday morning, the price of West Texas Intermediate crude oil was up almost 3% to $49 a barrel. The rally is somewhat puzzling one, as the latest data from the EIA released at 10:30 am ET showed th …

Venezuela Cuts Oil Subsidies To Caribbean NationsNPR (blog)Low oil prices are forcing Venezuela to cut a generous subsidy program to Cuba and a dozen other Caribbean nations. Venezuela is Latin America's largest oil producer, and its economy depends he …

ForbesDecline of US Shale Plays Not Clear Cut as Oil Price Stays LowForbesEver since the oil price decline began in earnest back in July 2014, popular discourse has suggested US shale plays would be in deep trouble. Despite protestations to the contrary, o …

Irish TimesSaudi intervention in Yemen unlikely to move oil prices muchIrish TimesOil prices rose sharply last week amid concerns that fighting in the Arabian Peninsula between a Saudi-led coalition and Houthi rebels in Yemen could disrupt supplies. While …

ForbesWeighting Down UK-Listed Oil and Gas SharesForbesUsing Brent as a global proxy benchmark, we find that the oil price continues to skate around $60 per barrel. That's a far cry from $115 we saw last summer. So after two months into the not so New …

Why Oil Will Fall To $40 As Obama Looks The Other WayForbesOn August 20, 2014 I warned Forbes.com readers that oil prices were going to drop a lot. (See article; the price of WTI was $104/barrel at the time). I've rarely felt more conspicuous about a p …

ForbesBig Oil's Choice Amid Low Prices: Evolve Or Wither?ForbesIf oil prices don't climb, these giants will shrink, first in people — some 30,000 layoffs have already been announced across the industry — then in production volumes. Big Oil was alre …