Hedge funds’ short position grew 21% through Nov. 10: CFTC IEA sees `massive cushion’ worldwide on record production Hedge funds have turned more pessimistic on oil as prices flirted ... Read More
Crude oil futures rose on Monday as France launched large-scale air strikes against Islamic State in Syria, but analysts said oil and other commodities were expected to remain under ... Read More
Decision against controlling oil output could add to sustained period of low oil prices and dent revenues, IEA says OPEC’s unwillingness to limit its oil output could help usher ... Read More
OPEC chief joins Naimi in seeing Asia as main hub for growth Russia targets doubling oil exports to Asia-Pacific by 2035 Oil demand will soon reflect the “attractiveness” of ... Read More
After years of sanctions, the country is boosting production and aiming to win customers back from the Saudis and Russians. The fate of the oil market in 2016 depends ... Read More
Oil-field service companies feel the pinch as producers pull back Oil-field service companies are slashing costs amid an industry-rattling fall in crude prices, and no cut is too small—such ... Read More
EIA reports 2.8 million-barrel weekly climb in crude supplies Oil futures lost more than 3% on Wednesday as U.S. government data showed that crude inventories rose for a sixth ... Read More
The price of gasoline is declining more slowly than oil, illustrating how consumers aren’t fully benefiting from falling commodities prices. Typically, gas prices go up and down in tandem ... Read More
Prices rise on new option to send U.S. oil to Mexico and smaller-than-expected stockpile addition The benchmark U.S. oil price soared to its largest gain in two months, as ... Read More
Oil’s bounce back from the summer’s lows has the look of a bottoming in crude prices, but some strategists say the shakeout is not over. “I’m pretty sure we’re ... Read More
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