Tags » Oil Markets

Will They, Won't They? OPEC Denies Russian Talk of Cutting Oil Output

Well this is fun.

Oil prices have shot higher Thursday after comments from the Energy Minister of Russia, Alexander Novak, that Russia is open to talks next month on coordinating output cuts with the Organization of Petroleum Exporting Countries to support crude prices. 506 more words


Crude Oil Climbing - Above $32/barrel

Crude Oil has given us a wild ride for the past year – in particular the past few months. Most recently, Oil struck $26/barrel only to spring higher and hoover about the $30 level. 186 more words


Friday's Oil Rally Is A Thing of The Past

Remember the great crude rally of Jan. 21? Ah yes, those were the days. Or rather, that was the day.

The oil bears were back out in force again on Monday after Iraq said oil output had reached a record high in December, adding to the overhang of supply in the global market and wiping out much of the gain made in… 410 more words


The Periodic Table Of Commodity Returns

By Jeff Desjardins, Visual Capitalist

At the beginning of each year, U.S. Global Investors puts out a fantastic visualization called the Periodic Table of Commodity Returns. 239 more words


Job Cuts Mount As Global Economy Falters

By Gabriel Black

Major corporations around the world announced sharp cuts in their labor forces this past week. The job reductions come amidst growing signs of a general economic crisis, as commodity prices and share values plummet. 608 more words


World Stocks and Oil Prices Are Rebounding - Here's Why

Stocks and oil, at the forefront of a global market rout since the turn of the year, rebounded strongly on Friday thanks to hints of more monetary policy support by the European Central Bank and some encouraging words from a top Saudi Arabian official. 397 more words


Oil Slump Gathers Pace as Iran Returns to Market

International crude oil prices fell to a new 13-year low Monday as the lifting of most economic sanctions on Iran opened the way for it to unload millions of barrels of crude in storage onto a world market already heavily oversupplied. 368 more words