Oil prices fell slightly on Friday as concerns about the impending US sanctions on Iranian crude were outweighed by anxiety over the ongoing trade war between the United States and China. Encana photo. Oil prices [Read more]
Oil prices were up over 1 per cent on Wednesday and Brent crude rose to its highest level in seven weeks after the US Energy Information Administration reported a drop in US crude stocks and [Read more]
Oil prices fell slightly on Tuesday after some investors took profits on last week’s gains, however, losses were limited on a US-Mexico trade announcement. Anadarko photo. Oil prices boosted by modest increase in OPEC+ production [Read more]
After gains last week, oil prices flattened on Monday after an OPEC monitoring committee announced rising production amongst members of the cartel’s supply cut pact and concerns over the escalating US – China trade war. [Read more]
Oil prices rose by over 1 per cent in trading on Friday on signs that the Trump administrations sanctions against Iranian crude exports could significantly limit the world’s oil supply. Linn Energy photo. Oil prices [Read more]
On Thursday, oil prices held their value after Wednesday’s gains on falling US crude stocks data. The ongoing trade war between the Trump administration and Beijing weighed down possible gains. BP photo. Oil prices underpinned [Read more]
Cyclical indicators point to slower, uneven growth in the global economy for the rest of this year and into 2019. This likely means the rise in oil consumption will moderate, especially for distillates like diesel. [Read more]
In the oil market, net long positions have been cut in 11 of the last 16 weeks, with a total reduction of 380 million barrels, or 27 per cent, since April 24. Anadarko photo. Hedge fund [Read more]
Oil prices rose in trading on Friday as investors grew more concerned about tightening crude supplies on looming US sanctions against Iran and worldwide trade spats weighed down the market. Apache photo. Oil prices up [Read more]
Oil prices slipped on Thursday as the ongoing trade dispute between the United States and China continued to weigh on the market. Equinor photo. Oil prices settled slightly down from Wednesday’s values Oil prices fell [Read more]
Oil prices fell on Wednesday on escalating trade tensions between the the Trump administration and Beijing and data showing a drop in energy demand in China. Getty Images photo. Oil prices down over 3 per [Read more]
Oil prices rose on Tuesday on crude shortage concerns as the Trump administration’s deadline for sanctions on Iranian crude nears. Oil prices up after sanctions on Iranian goods, not crude, went into effect Oil prices [Read more]
Fund managers are rebuilding a big bullish position in US gasoline futures and options – even as they remain on the sidelines across other petroleum contracts. Portfolio managers boosted net long position in US gasoline [Read more]
Oil prices fell on Wednesday after the US Energy Information Administration reported a surprise increase in US crude stocks which fed concerns about a global oversupply of oil at a time when trade tensions are [Read more]
In its second quarter financial report, Encana says it delivered strong financial performance due to increased activity, streamlined efficiencies and rising oil prices. Company photo. Encana on track to grow annual production by over 30 [Read more]
Oil prices were down on Tuesday and are on track for their biggest monthly drop in two years on rising OPEC production and comments from US President Donald Trump that raised hopes that Iranian oil [Read more]
US oil prices rose by almost two per cent on Monday as the market shifted its focus to supply disruptions and Trump administration sanctions on Iranian crude exports. Apache photo. Oil prices up even though [Read more]
Hedge funds appear to have completed the recent wave of liquidation, with bullish positions increased slightly last week after heavy falls the week before, helping to steady oil prices. Equinor photo by Øyvind Hagen. Supply [Read more]
The Husky Energy board of directors has approved a quarterly dividend of $0.125 per common share for the three-month period ended June 30, 2018. Husky photo. Husky Energy low net debt, available cash flow reasons for [Read more]
Oil prices rose on Wednesday on data from the US government showing a decline in domestic crude inventories to levels not seen since February 2015. Getty Images photo by Daniel Acker. US oil prices up [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
