Oil prices continued their gains today as a report from the IEA indicated that prices may have finally bottomed out, and are beginning to …
Both U.S. benchmark WTI and international benchmark Brent crude oils rose above the $32 mark today as new hope for a supply deal emerged. Iraqi Oil Minister …
In its first Oil Market Report of the year, the International Energy Agency painted a pessimistic picture for the outlook of oil prices. Even as the IEA expects …
OPEC’s press release announcing the coming 2015 release of its annual World …
CIBC’s Katherine Spector: “In the very short-term, while there may be a few more dollars of downside in the crude price, increasingly lopsided futures market positioning suggests that an end is probably near.”
Even OPEC has been feeling the pressure of low oil prices brought on by the decision to maintain production in November of last year. The organization released its monthly Oil Market Report (OMR) for …
