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Economic Turmoil Could Send Oil Even Lower

Economic Turmoil Could Send Oil Even Lower Global financial markets are once again throwing up some warning signs, as the selloff in equities entirely erased the gains made in U.S. stock markets for 2018. The economic and financial turmoil could bleed over into a broader slowdown, which raises pitfalls for oil prices. The risks to […]

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Is It Too Late To Avoid An Oil Supply Crisis?

Is It Too Late To Avoid An Oil Supply Crisis? Wood Mackenzie isn’t pulling any punches. “The warning signs are there – the industry isn’t finding enough oil.” And its latest report continues in the same ‘spade is a spade’ vein: “A supply gap opens up in the mid-2020s, reaching 3 million b/d by 2030, […]

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Oil Prices Tank As Supply Glut Fears Return

Oil Prices Tank As Supply Glut Fears Return Oil prices collapsed on Tuesday for the second time in a week. During midday trading, WTI fell below $55 per barrel and Brent dropped below $65 per barrel. Both benchmarks are off more than $20 per barrel from their October highs. “Oil prices are under pressure in […]

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The Impending Endgame In Oil Markets

The Impending Endgame In Oil Markets U.S. president Trump is facing strong internal pressure to punish Saudi Arabia in the coming days. For Washington, however, this could be a double-edged sword, as turning on Saudi Crown Prince Mohammed bin Salman could result in two unwanted major geopolitical consequences. The still fresh Jamal Khashoggi murder case […]

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