EIA says Brent slid from $79 in January to $63 in December, with a $69 annual average—the lowest since 2020—as supply ...
The internet is filled with claims that oil is undervalued compared to, for example, gold prices, the stock market, historical levels and so forth, even as the President calls for prices to fall ...
Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow. By Rebecca F. Elliott The price of oil has dropped to some of its lowest levels of ...
LONDON, Nov 10 (Reuters) - Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings over rising oil supplies as well as concerns about ...
LONDON, Oct 22 (Reuters) - Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in forecasts for OPEC’s production will likely ...
OPEC+ has decided to increase oil production, surprising many given the soft outlook for oil prices, and potentially reversing earlier production cuts sooner than expected. The article questions ...
Tom Kloza writes a monthly column examining how global energy trends affect New Jersey consumers. In 1974, I was a student and fraternity brother at St. Francis College in Pennsylvania. One of our ...
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at ...
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. U.S. shale producers are using new technologies to extract more oil from existing wells, even ...