Rakesh Upadhyay is a writer for US-based Divergente LLC consulting firm.
Credit Suisse AG recently decided to delist two very popular and risky oil exchange-traded notes (ETNs) on the exchanges beginning today, December 8, and companies…
For the first 11 months of the year, OPEC talked oil prices up, but by December it became clear that oil prices were not going…
The energy sector has been outperforming other sectors among the S&P 500 companies this year, with a gain of 21.79 percent year to date. Now…
Shale oil producers have turned the U.S. from a net importer into a net exporter of natural gas in November, according to S&P Global Platts.…
Goldman Sachs is known to make outlandish calls on crude oil. First came a forecast of $200 a barrel back in March 2008, which fell…
Donald Trump’s victory has provided wings to the small independent oil refiners who have been burdened with the excess cost of buying credits as per…
The value of any commodity is based on its supply and the demand in the market. If one of them is disrupted, it affects prices.…
Saudi Arabia has wielded immense power over both the oil producers and consumers based on its proven oil reserves. It not only has the second…
Crude oil prices are on a tear. They have recently reached a new 52-week high, and considering the momentum behind the markets, it is likely…
The big oil companies—at least in this oil price environment—have come under a lot of criticism for their decision to generate cash flow rather than…
The shale oil drillers in the U.S. are hedging their portfolio at breakneck speeds, using the rise in prices to actively hedge their production for…
U.S. gasoline consumption in August hit a new peak at 9.7 million barrels a day, a growth in demand that many oil bulls believe will…
For many oil companies, the current downturn in oil is a back-breaker, but some have adapted to the falling prices and are fighting each day…
Barring the sentimental uptick on an expectation of a production freeze in Algiers, the fundamentals of oil seem to be pointing towards another leg down.…
The OPEC meeting in Algiers at the end of the month and the cooperation pact between Saudi Arabia and Russia hasn’t convinced the hedge funds…
China, the world’s largest oil consumer, has been increasing oil imports and feasting on the low crude oil prices. Could Russia and Saudi Arabia’s plan…
Saudi Arabia and Russia announced their cooperation to stabilize global oil markets, and while crude oil jumped on the news, it quickly gave back more…
Zev Spiro, chief market technician of Orips Research is forecasting oil to reach above $70 a barrel in the near future, as oil’s weekly charts…
2016 has been a roller coaster year for the oil traders. Markets had a near 100 percent rise from February lows, followed by a drop…
It’s possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it’s also possible that they are ramping…