On Tuesday, crude oil moved lower and lost 1.66% after data showed that OPEC production rose to about 34.
Listed trading for the two most popular leveraged oil plays will end Thursday, December 8, 2016. It will mark the largest closure of …
It finally happened. For the first time since 2008, the Organization of Petroleum Exporting Countries (OPEC) agreed to a crude oil production cut …
By John Persinos Wall Street is giddy over the latest oil price bounce, but you should be leery. The energy market has played …
Yesterday’s pessimism about a potential deal at today’s oil producers’ meeting in Vienna has been replaced by optimism and that crude oil around …
By Tyler Durden The much anticipated headline is out and, as Bloomberg reports, OPEC has reached a deal agreeing to cut oil production …
On Friday, crude oil moved higher once again as optimism over an OPEC deal to limit production continued to weigh on investors’ sentiment. …
By Nick Cunningham One of the oil world’s longest and best kept secrets may finally be revealed. Saudi Arabia is preparing to unveil …
By Dustin Parrett The price of a barrel of oil has dropped to $47.63 on the news OPEC members aren’t progressing toward an …
By Dimitri Speck Erroneous Expectations The effect of the heating season on demand is however offset by other factors, such as the use of …