Where Will Oil Prices Go From Here? - Seeking Alpha

Oil prices have been relatively stable so far, with the West Texas Intermediate (WTI) futures trading at $46.22 and the Brent futures trading at $47.63 as of the time the article was written. Other than OPEC, supply figures are pretty average in a ...

America's one million b/d of crude oil for president - Platts (blog)

Brian Scheid spoke this week at the Platts Global Crude Oil Summit in London and gave some insight into one of the biggest variables around US oil: the next president. Let's call it the 1 million b/d race, even if such speculation may ultimately prove ...

Oil up 1 percent after swing on mixed data; US crude at Nov highs - Yahoo News

A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen. More. By Barani Krishnan. NEW YORK (Reuters) - Oil prices rose 1 percent in volatile trade on Thursday, with U.S. ...

Oil climbs higher on US stockpiles decline & supply disruptions - RT

Crude prices continued gaining on Thursday driven by the unexpected drop in US inventories and supply shortfalls in Canada and Nigeria. Read more. Smoke and flames from the wildfires erupt behind a car on the highway near Fort McMurray Canada ...

Growing bankruptcy crisis in global oil and gas industry - World Socialist Web Site

Lower oil prices have bankrupted dozens of major oil and gas companies since 2015. Moreover, a sharp increase in bankruptcies in the month of April suggests that the worst is yet to come. A total of 69 major oil and gas companies, with $34.3 billion in ...

Oil prices subdued in Asia after touching 2016 highs - Inquirer.net

SINGAPORE, Singapore—Oil prices dipped in Asia on Thursday as investors locked in profits after the previous day's surge to six-month highs that was fuelled by a surprise decline in US stockpiles. The Department of Energy said Wednesday that ...

USD/CAD Loonie Rises After US Oil Inventories Shrinks - MarketPulse (blog)

The Canadian dollar has reversed some of the week's earlier losses after the release of the U.S. crude inventories at 10:00 am EDT on Wednesday. The Energy Information Administration (EIA) issued the latest weekly report that showed inventories shrunk ...

Oil jumps on first US drawdown since March; Brent up 4 percent - Reuters

NEW YORK Oil jumped on Wednesday, with Brent up more than 4 percent for a second day in a row, after the U.S. government unexpectedly said crude inventories fell the first time since March, adding to concerns over supply outages in Canada and Nigeria.