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...
China today launched its long awaited yuan denominated oil contract at the International Energy Exchange (INE) in Shanghai. Seven crude streams from UAE, Qatar, Oman, Yemen...
The year 2016 started on a very bearish note but ended very bullishly. It was a dramatic oil year with desperation and pain for oil producers...
Oil prices have been under pressure since yesterday evening. Brent has dipped below the $50 per barrel mark again, while WTI is likewise significantly down on...
Today’s biannual OPEC meeting was crowded, as has been the case since November 2014 when the group decided to maintain output despite falling prices. The December...
We see low risk of a coordinated action at the June OPEC meeting on Thursday and reiterate our view that there is zero chance of an...
Oil. Is it a lull or has crude topped out? We have: Natural gas prices in full retreat as shale gas in the USA takes a...
