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Falling oil price continues in step with feared economic gloom
Crude Oil Prices

Falling oil price continues in step with feared economic gloom

  The price of crude oil tumbled further when the markets opened for business on Monday, reflecting the widespread anxieties over the health...
Monday, 21 November 2022
Oil price: short-lived boost ended with gloomy economic forecasts
Crude Oil Prices

Oil price: short-lived boost ended with gloomy economic forecasts

  The short-lived boost enjoyed by the oil markets, thanks to the significant crude draw announced by the EIA, US Energy Information Adminis...
Thursday, 17 November 2022
US Midterm elections: not midterm blues for Democrats, after all
Crude Oil Prices

US Midterm elections: not midterm blues for Democrats, after all

The price of crude oil that had been steadily rising for the past three weeks lost its momentum once again on Tuesday and continued to stay ...
Wednesday, 9 November 2022
Has the oil price found the direction - finally?
Crude Oil Prices

Has the oil price found the direction - finally?

The price of crude oil, which almost mimicked a turbulent whirlpool in a swollen river for the past few weeks, finally seemed to have found ...
Saturday, 5 November 2022
Boosting oil prices: what will be the next move by the OPEC+?
Crude Oil Prices

Boosting oil prices: what will be the next move by the OPEC+?

Apart from incurring the wrath of the US, the OPEC+ does not seem to have achieved any substantial financial benefit from its much-trumpeted...
Thursday, 27 October 2022
Is there an ideal oil price that safeguards interests of consumers and producers?
Crude Oil Prices

Is there an ideal oil price that safeguards interests of consumers and producers?

  As the oil price did not go up the way the OPEC+ expected, apart from temporarily being on the crosshairs of the US, analysts believe only...
Friday, 21 October 2022
Will the US go for nuclear option over the OPEC+ production cuts?
Crude Oil Prices

Will the US go for nuclear option over the OPEC+ production cuts?

  With the US midterm election just 3 weeks away, the Biden administration is clearly taking the scenario of fuel price hikes seriously - in...
Tuesday, 18 October 2022
Static Oil Prices: OPEC+ move failed to do the trick!
Crude Oil Prices

Static Oil Prices: OPEC+ move failed to do the trick!

  The cut in crude oil output, agreed by the OPEC+ a few days ago, does not appear to be doing the trick as far as the price is concerned. O...
Friday, 14 October 2022
US-Saudi relations suffered a huge setback after oil production cuts
Crude Oil Prices

US-Saudi relations suffered a huge setback after oil production cuts

  Judging by the reaction on impulse, the production cuts announced by the OPEC+ on Wednesday, has clearly left the Biden administration of ...
Saturday, 8 October 2022
OPEC+ Meeting: oil price rises as production is cut by 1.1 million barrels
Crude Oil Prices

OPEC+ Meeting: oil price rises as production is cut by 1.1 million barrels

  The price of crude oil has been rising in the markets on Wednesday in anticipation of a production cut by the OPEC+ during its monthly mee...
Wednesday, 5 October 2022
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