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...
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...
Mobeen Tahir, Associate Director, Research, WisdomTree provides his view on the price reaction to OPEC+ deal and what this means for the state of the oil market....
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....
Brent and West Texas Intermediate (WTI) are two globally recognised oil benchmarks. When market participants refer to the price of oil, they typically refer to one...
The active Nymex West Texas Intermediate (WTI) oil contract (May) that will expire today briefly traded close to -$40/bbl yesterday and is currently at US$1.42/bbl[1]. Later...
Following an impasse that lasted from 6th March until Easter weekend, OPEC+ are finally ready to start cutting oil production again. The pain from falling demand and rising...
We are living in a time of unprecedented volatility in oil. That is the consequence of a twin shock: both demand is collapsing and supply is...
Nitesh Shah, Director, Research, WisdomTree comments on the Iran oil tanker attacks this morning: “Geopolitical risks are here to stay. Even though oil markets have failed...
