Crude oil prices are pulling back this morning on China concerns. But Saudi Arabia is probably very happy with the overall situation. It has showed the...
Oil sells off as Goldman gives up on USD 95/b end-of-year. The front-month Brent contract traded to a high of USD 78.73/b last Monday in response to...
Saudi Arabia again reminded the global oil market who is king. Oil price is ticking carefully upwards today as investors are cautious after having burned their...
History shows that OPEC cuts work wonderfully. When OPEC acts it changes the market no matter how deep the crisis. Massive 9.7 m b/d in May...
A world where OPEC(+) is in charge is a very different world than we are used to during the ultra-bearish 2015-19 period where US shale AND...
SEBs oljeanalytiker Bjarne Schieldrop kommenterar OPEC+ igår meddelade produktionsminskning som fick oljepriset att stiga. Han betonar att det vi ser är att oljepriset sakta kommer att...
Brent crude had a strong end of the year as it traded at the highest level since 1 December. It is a slow start to the...
The Brent crude oil August contract traded briefly above the $40/bl line yesterday but has now pulled back again as the market is awaiting a decision...
Additional cuts of 1.2 m bl/d in June from Saudi/Kuwait/UAE yesterday failed to rejoice the oil market and the Brent crude oil price fell 4.3% instead....
Saudi Arabia today reduced its official selling prices (OSPs) to Asia in June and crude oil prices are bouncing 6-9% on the back of that news....