The world’s oil piggy bank is being smashed open. What can go wrong?
The world may be moving toward a new oil shock, one driven not only by Iran war but…
Oil inventories headed for decadal lows, says US agency
New Delhi [India], June 10, (ANI): Oil inventories in some of the world’s largest economies are headed to…
The Countdown to a Major Oil Price Surge Has Begun
In the coming weeks, readers will increasingly see two rarely used phrases in stories covering our dwindling worldwide…
Supermajor Warns Oil Prices Could Hit $160 Within Weeks
Just about two months ago, JPMorgan did the math on “How Long Before The World Hits Crude Oil…
Oil Could Stay Above $100 for Years, Analysts Warn
Oil prices opened trade this week with a decline on reports that a deal between the U.S. and…
Oil Prices Rise as Traders Grow Skeptical of U.S.-Iran Deal
Oil prices climbed in early Asian trade on Friday as skepticism grew that U.S.-Iran negotiations would produce a…
Goldman Sachs Sounds Fresh Alarm on Global Oil Stockpiles
Global oil inventories are falling at an accelerated rate, Goldman Sachs has warned, noting April draws from inventories…
Oil Market Runs Down Safety Cushion as Supply Shock Worsens
The last tankers out of the Persian Gulf are reaching their destinations. Strategic reserves are being drained to…