“The oil futures market is completely broken. Moving down $10 in a day for no apparent reason,” tweeted hedge...
OilPrice.com | Is The Oil Market Really Broken?
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Tag | Oil Supply
OilPrice.com | OPEC+’s Complains About Volatility, But Here’s What They Really Want
Numerous OPEC+ ministers have closed ranks over the last week to bemoan oil price volatility. Accusations of...
OilPrice.com | Are Iraq’s Ambitious Oil Production Goals Feasible?
Iraq is planning to increase its crude oil production to phased targets of 5 to 8 million barrels per day...
OilPrice.com | Oil Market Surplus Strengthens Case For New OPEC Output Cuts
This week, OPEC issued its Monthly Oil Market Report. It was released just hours after the IEA released its own...
OilPrice.com | Are Oil Prices Set For A Comeback?
Oil prices have given up in recent weeks all the gains they had made since the Russian invasion of Ukraine as...
OilPrice.com | Oil Should Stay In Triple Digits: Analyst
Crude oil prices should stay in the triple digits, Kpler’s head of Sweet Crude Analysis Matt Smith told Yahoo...
OilPrice.com | Is A Recession Really The Next Big Risk For Oil?
Crude oil is a notoriously inelastic commodity—whatever its price, consumption does not vary greatly. Yet per a...
OilPrice.com | Is It Too Late To Invest In The Oil Price Rally?
The oil market is currently going through one of the most turbulent periods since the infamous March 2020...