Venezuela may be the first sovereign producer to unequivocally fail. That assessment of Venezuela came from Helima Croft, who is global head of commodity strategy at RBC Capital Markets. The #global oil market is mired in excess inventory. Continue reading
Goldman Sees Risk of Oil Below $40 Without OPEC ‘Shock and Awe’ The Organization of Petroleum Exporting. Continue reading
Sorry, OPEC: US shale oil drillers aren't turning off the tap anytime soon. Because of US shale oil production,. Continue reading
Crude oil prices took a beating over the past week. Crude oil prices fell to their lowest level since before. Continue reading
It was all so simple. By lifting restraints on output, Saudi Arabia would stop subsidizing high-cost oil. Continue reading
Russia and Saudi Arabia could face economic and political consequences at home if the oil-production deal isn't. Continue reading
U.S. crude oil fell below $50 for first time in two weeks. Brent and U.S. crude oil prices tumbled more than 2. Continue reading
The oil market is tipping slowly from glut to equilibrium. Output cuts from OPEC and 11 non-OPEC countries have. Continue reading
Oil surplus or scarcity? Shale oil makes future oil even harder to predict. The shale oil boom has transformed. Continue reading
Oil is set for its longest gain this year as Libya's biggest oil field halts production. The biggest oil field in. Continue reading
