Tag Archives: Market

A total of 48.000 contracts have traded over the last few days that would profit most if Brent spikes before Christmas.

Iran'.s own data submitted to OPEC pointed to bigger cuts.

Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.

U.S. oil producers have raised output C-OUT-T-EIA by more than 14 percent since mid-2016 to a record 9.62 million barrels per day.

The group sees U.S. shale fizzling out after 2025. leaving OPEC once again in charge.

Crude benchmarks end the week higher for the fifth straight week despite Friday’s pullback.

Gazprom is showing no concern whatsoever about potential challengers of its market share in Europe.

Orbital satellite data suggests that Saudi Arabia’s crude oil inventories have risen slightly since early 2016.

The higher the price goes in the short run the more difficult it will be to return the oil taken off the market.

As the higher oil prices and the cost cuts resulted in strong cash flows for Big Oil. the companies are now trying to reward their shareholders.