The last time the world’s central banks diverged on policy came as the Fed increased its key rate in December 2015. It’s happening again.
The …
Oil prices came back from a nearly 2% decline Wednesday morning following news from the Energy Information Administration that U.S. crude oil inventories fell last week. The oil …
Had a production freeze agreement been reached among OPEC and non-OPEC producers last Sunday, it would have marked the first time in 15 years that Russia cooperated with …
LNG prices have suffered a fate similar to oil, with most contracts linked to the price of crude oil now worth substantially less than they were two years …
U.S. natural gas inventories show 25 Bcf draw
U.S. natural gas inventories saw a larger than expected draw today, according to information from the Department of Energy. The DOE reported natural gas inventories for the week ended March 25, 2016, …
Prices for U.S. crude oil benchmark WTI were up over 12% at 1:20 p.m. EST today on continued hopes that OPEC would cut production in order to bolster …
Crude oil is one of the most important commodities in the world, with many economies around the world depending on producing and selling oil for the bulk if not all of their …
Oman became the first non-OPEC oil producer to say that it will cut its production if done in coordination with other producers. Oman’s oil minister, …
Oil and gas prices for the U.S. crude benchmark WTI, and international crude benchmark Brent, closed below $30 per barrel today, but some producers are …
As companies, analysts and others look at oil prices stabilizing in the $45-$50 range for U.S. crude oil benchmark WTI as a post-Thanksgiving 2014 “new normal,” …
