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The Fed Is Driving Down Oil Prices

By Nick Cunningham of Oilprice.com The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The U.S. Federal Reserve announced another rate hike a few days ago, which ...

Oilprice Staff


Posted 1 year agoOpinion > United StatesUSFederal Reserve +4

Can Saudi Arabia Prevent The Next Oil Shock?

By Cyril Widdershoven for Oilprice.com The ongoing speculation online about the future of cooperation between Russia and OPEC seems to be a little one-sided. The main point of discussion up until now has been the fact that, due to international pressure (such as Trump's Twitter diplomacy, perceiv ...

Oilprice Staff


Posted 1 year agoOpinion > oilpriceSaudi ArabiaOil +5

Emerging Market Meltdown Could Undermine Oil Rally

By Nick Cunningham of Oilprice.com Saudi Arabia and Russia just destroyed the oil price rally, potentially putting an end to all the speculation about what the group might do next. But higher production doesn't necessarily mean higher oil prices are entirely out of the question, and in fact, the ...

Oilprice Staff


Posted 1 year agoOpinion > emerging marketsoilpriceOil +5

A New Lithium War Is About To Begin

By James Stafford - Apr 24, 2018, 6:00 PM CDT It's the modern gold rush. Around the world, the most sought-after mineral isn't a precious metal, nor is it oil and gas…it's lithium. Lithium, or “white petroleum” as some call it, has become a crucial element in today's high-tech econom ...

Oilprice Staff


Posted 1 year agoOpinion > oilpriceLithiumWhite Petroleum +3

Oil Market Fears: War, Default And Nuclear Weapons

The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical events around the world. At the same time, outside of the U.S., there is a deterioration of stability in many oil-producing region ...

Oilprice Staff


Posted 1 year agoOpinion > oilpriceOil MarketUnited States +1

Why The Next Oil Boom Will Be Fueled By Blockchain

By Meredith Taylor Big Oil is due for a disruption. The world's most important industry has been carrying on without any significant changes in its day to day routine for far too long. But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector. It ...

Oilprice Staff


Posted 1 year agoOpinion > oilpriceOilBoom +5

Oil Prices Ravaged By Financial Turmoil

By Nick Cunningham of Oilprice.com Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. The steady decline of the U.S. dollar has helped drive up crude prices for weeks , but that came to an abrupt halt last week. A rebound for ...

Oilprice Staff


Posted 1 year agoOpinion > oil priceoilpriceTurmoil +3

Can The Shale Boom Avoid These Bottlenecks?

By Nick Cunningham of Oilprice.com Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of ...

Oilprice Staff


Posted 1 year agoOpinion > United StatesUSEIA +5

Why Is The Shale Industry Still Not Profitable?

By Nick Cunningham of Oilprice.com Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing "irrational produc ...

Oilprice Staff


Posted 1 year agoOpinion > United StatesUSShale +2

The One Indicator OPEC Must Watch

By Nick Cunningham of Oilprice.com “We will not let go of our current approach until we reach a balanced market,” Saudi oil minister Khalid al-Falih said Monday at a news conference in Riyadh. OPEC ended months of speculation last week when it decided to extend its production cuts through th ...

Oilprice Staff


Posted 1 year agoOpinion > OPECoilpriceSaudi Arabia +1

OPEC Will Extend The Cut

By Zainab Calcuttawala for Oilprice.com There will be an OPEC deal extension—no matter the public tussling between opposing forces in the industry cartel—if the world's largest oil producers are really determined to end the supply glut. A failure to agree on the market remediation would cause ...

Oilprice Staff


Posted 1 year agoOpinion > OPECoilpriceSaudi Arabia +3

This Oil Price Rally Has Reached Its Limit

Last week, crude oil rallied the most so far this year, gaining more than 8 percent, or $4 per barrel. Oil traders are much more optimistic than they were just a month ago, and the market is on the upswing. However, the rally could run out of steam in the not-so-distant future, a familiar result for ...

Oilprice Staff


Posted 2 years agoOpinion > oilprice

Is A Big Move In Oil Prices Due?

In options trading, a straddle is literally a sit-on-the-fence strategy. By purchasing a put and a call at the same strike (price of underlying commodity) for the same time period, an investor isn't making a conventional directional bet; rather the investor is looking for a big move either up or do ...

Oilprice Staff


Posted 2 years agoOpinion > oilprice

Today's Stunted Oil Prices Could Cause Oil Price Shock In 2020

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil's immediate future. As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated marke ...

Oilprice Staff


Posted 2 years agoOpinion > oilpriceOPECSaudi Arabia

Big Oil Betting On Electric Vehicles

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA's chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand for transportation fuel see its “demand will flatten out,” after 2030, ...

Oilprice Staff


Posted 2 years agoOpinion > oilpriceelectric motorTotal