Oil Price News

  • Aramco's IPO and oil prices

    Whatever it is, you wouldn't want to be the oil minister of Saudi Arabia. Forget the exciting remuneration, you'll have to have thick skin, extraordinarily embittered at that, to wade over the […]

  • The battle for Libyan oil

    Not long ago, we heard of Libya's long drawn path to freedom. Remember Gaddafi and the civilian uprising in the country? The Arab spring, as it swept Libya unsparing the authoritarian Gaddafi […]

  • Waking into our new volatile age of oil prices

    Consider some recent headlines: "World Bank Warns Of Extreme Volatility In Oil Markets", "International Energy Agency Head: Oil markets are entering an era of unprecedented […]

  • 4 oil price predictions for 2019

    Last year, we gave out five blazing predictions as we stepped into a brand new 2018. And, how did we fare? Well, the year isn't new anymore but we did get 5 out of 5 of our predictions right! […]

  • Saudi Arabia steps backwards despite high oil prices

    For a nation, what's a year? Well, in the timing of the bigger picture, not much. Still, a year can cast its shadows long and fast. Essentially, as I was analyzing the ebb and flow of oil prices the […]

  • Iran tensions to send oil price past $150 - again

    After scaling a three-year high of $79 a barrel, oil prices fell taking a nine percent drop on the back of better supplies, resumption of Libyan oil production and increased Saudi oil output. But […]

  • Sanctions and oil prices

    Ever heard of harmony in oil prices? Recently, Brent crude oil hovered near the $80 mark, the maximum since November 2014. So it goes. Oil prices are on a rage, riding on a more than three-year […]

  • Is Volatility in Oil Price on the Way, Again ?

    Experts say that you shouldn't look at your pension investments too often as you might make unwise decisions. I don't follow this advice. The reason that I'm drawn to tending my pension spreadsheet […]

  • 5 Oil Price Predictions for 2018

    It is the time of the year again for our highly anticipated oil price related predictions for 2018. As our millions of faithful readers are aware, we have a rather impressive track record -from […]

  • Stable oil prices herald sea change for Strategic Petroleum Reserve

    Strategic Petroleum Reserve (SPR) is a repository of crude oil for emergency purposes built primarily in countries dependent on oil imports. Stored in four deep underground salt caverns along Texas […]

  • Impact of Hurricanes on oil prices

    Harvey, making landfall as a Category 4 hurricane, battered southeast Texas a few days ago. Though downgraded to a tropical storm later on, it left a trail of massive destruction including loss of […]

  • Thank finance for sharp oil price decline

    Already, crude oil prices are down by well more than 18% compared to early 2017. Oil production has risen in countries like Libya and Nigeria. Quite naturally, with above 'target' production in […]