Are Oil Markets About To Turn Around? | OilPrice.com  OilPrice.comWith Russia apparently agreeing to go along with the OPEC-led production cuts, a change in fundamentals may be close to taking place, driving a reversal in ... Read more https://o …

Oil Looks Set For A Rapid BounceOilPrice.comWTI has recently experienced one of its biggest one-month declines in several years, having lost around eighteen percent since hitting a multi-year high of $76.90 last month. There has been a perfect storm for se …

The PunchPENGASSAN calls for unity among oil workersThe PunchWe should all know that whatever affects the NNPC affects other sectors of the oil and gas,” he said. Johnson advised all trade union leaders, especially PENGASSAN, to set aside politics and indi …

There's No Strong Fundamental Reason For Oil's DeclineOilPrice.comThis 'two small steps up, one giant leap down' is precisely indicative of this lone speculative trading pattern affecting the oil markets at large. During these moments, you …

Correction In Oil Creates An Opportunity For InvestorsOilPrice.comOut of context, it seems slightly ridiculous, but many trading decisions come down to what I refer to as the “magic number” theory. Whether said number is derived from a complex calculation …

The Globe and MailOil Prices Recover After Small Crude Inventory BuildOilPrice.comThis is true of grades such as North Sea Forties, and Russian Urals—and in fuels, Atlantic diesel—as refineries seem to be reluctant to take advantage of lower prices and boo …

ReutersPhysical oil market sends warning to OPEC: Rout might not be overReutersTraditionally, when oil futures decline, prices in the physical markets tend to rise because crude is becoming cheaper and hence more attractive to refiners. But in recent weeks …

Barron'sWhy Oil Stocks Are Suddenly HotBarron'sJust about a month ago, I wrote here that the oil market was still flat, with domestic crude trading near the top of its $42-$55 per-barrel range. Yet even with dim prospects for a breakout, several energy sto …

Economic TimesRelief for OMCs, oil minister says no knee-jerk change in fuel pricing policyEconomic TimesUnion Petroleum Minister Dharmendra Pradhan on Wednesday evening rejected a suggestion that oil marketing companies should absorb any further rise in c …

ReutersOil bulls aren't out of the woods yetReutersLONDON (Reuters) - Oil investors seem to buy the idea that recovery is finally underway after three years of gluts, but a price boom seems unlikely as the options market shows that at least until OPEC& …