ForbesAnother False Oil Price Rally: Crossing A BoundaryForbesThe oil-price rally that began in mid-February will almost certainly collapse. It is similar to the false March-June 2015 rally. In both cases, prices increased largely because of sentiment. As …

Business InsiderThe Gatwick gusher is pumping nearly double the oil it was last monthBusiness InsiderBut on Tuesday the company and its partners announced that a new test drill in an area of limestone had successfully pumped oil at an average rate of 900 b …

MarketWatchOil edges up on more bets for lower outputMarketWatch“Crude oil is grinding higher quietly as bullish bets are rising from mammoth hedge funds which are optimistic that the supply glut, which we have on the market, will start to fade away soon,” …

ForbesWhat Really Controls Oil Prices?ForbesSource: http://www.castagra.com/. World oil prices are controlled by the amount of crude oil stored at Cushing, Oklahoma. That's because Cushing is the pricing point for WTI (West Texas Intermediate) oil pric …

ForbesImpact Of Oil Price Oscillation Between $20-40/bbl Extends Beyond ProducersForbesThere is wider market consensus that the oil price slump has largely kept inflation low in key G20 markets and beyond. Major importers of crude oil, it seems, have never …

ForbesNegative Impact Of Oil Price Oscillation Between $20-40/bbl Extends Beyond Producers' FinancesForbesThere is wider market consensus that the oil price slump has largely kept inflation low in key G20 markets and beyond. Major importers of crude oi …

ForbesOne In Seven North Sea Oil Barrels Being Produced 'Below Cost'ForbesThe already grim mood of North Sea oil and gas operators got a shade darker with independent exploration firm First Oil Expro calling in administrators on 22 February, unable …

New York TimesOil Company Earnings, Trader's 'Flash Crash' Hearing and the Jobs ReportNew York TimesExxon Mobil, Royal Dutch Shell and BP will report their quarterly earnings starting on Tuesday, and the results are not expected to be pretty. O …

ForbesOil Slump Prompts UK Scramble To Support North Sea ExplorationForbesAs the oil market adjusts to an era of sub $50 per barrel prices, it is apparent many conventional and unconventional exploration and production hubs are in for a tough time. The Nor …

ForbesFundamentals Point Toward Oil-Market Balance: IEA Too PessimisticForbesFundamentals point toward market balance but pessimism is dragging oil prices down. IEA has apparently succumbed to this negativity but their data suggests that things are getting …