Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has …
There was a minor debate at the end of April concerning whether or not crude oil was making a rally back into a …
By Benedict Clements and Vitor Gaspar US$5.3 trillion; 6½ percent of global GDP—that is our latest reckoning of the cost of energy subsidies in 2015.
Since hitting it most recent low in mid-March, spot WTI has rebounded about 40% reaching above $61/barrel at one point. The ultimate …
Back in the summer of 2008, Goldman predicted that oil would rise to $200. Promptly thereafter, oil did rise to $150… and then crashed …
By Aibek Burabayev Gold/WTI Ratio: Free To Fly! Chart courtesy of Tradingview.
If the fight between crude oil bulls and bears is reaching a conclusion, it’s likely to be a split decision. Oil prices …
Saudi Arabia continues to ratchet up production, taking market share away from U.S.
The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation …
The busy summer travel season is at our doorstep and with that comes stronger fuel demand. Back in March I shared the fact …