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Global crude oil prices slumped anew on December 18, a day after a short-covering rally, as traders placed fresh bets the market would resume a six-month rout...
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Global crude oil prices slumped anew on December 18, a day after a short-covering rally, as traders placed fresh bets the market would resume a six-month rout...
The U.S. Energy Information Administration warned OPEC members might need to trim their budgets as oil prices continued their steady decline Wednesday, UPI reported....
With oil prices dropping globally, hurting economies that are most dependent on the price of the commodity, fund managers Daniel Loeb and George Soros...
Oil resumed its downward move on Thursday, falling towards $64 a barrel and within sight of a five-year low, pressured by signs that already...
– Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below...
– Oil prices plummeted to five-year lows on Tuesday, pressuring commodity-linked currencies and most Asian shares as a bout of risk aversion rippled through...
Cheap oil might sound like great news to some, a disaster to others, but whoever is happy or devastated should know one thing; it...
– Saudi Arabia blocked calls on Thursday from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in...
Despite hopes and warnings by those in the oil industry and analysts, OPEC, after meeting on Thursday, decided it is not going to do...
– The traders on CNBC’s Fast Money discussed trades for Wednesday November 26th Tim Seymour would be long the OIH ahead of the...