IF THE WEST BANS RUSSIAN OIL INTERNATIONAL CRUDE PRICES COULD SKYROCKET TO $150
Crude oil

IF THE WEST BANS RUSSIAN OIL INTERNATIONAL CRUDE PRICES COULD SKYROCKET TO $150

*If sanctions on Russia 5 million bpd of crude and 2.8 million bpd of refined Products stopped commanding in market *In the past 30 days and the contract's six-month spread hi ....

CRUDE OIL WON’T TAKE MUCH TO GET PRICES $100 ITS INTENSIFY ENERGY CRISIS
Crude oil

CRUDE OIL WON’T TAKE MUCH TO GET PRICES $100 ITS INTENSIFY ENERGY CRISIS

*Crude oil on highest level since October 2014 *Brent into steep backwardation of $6.92 the widest since 2013 *Nigeria rekindled oil exports to sustain its economy Crude o ....

CRUDE OIL DEMAND STILL POSE A RISK TO BULL MARKET STABILITY
Crude oil

CRUDE OIL DEMAND STILL POSE A RISK TO BULL MARKET STABILITY

*Oil prices dropped nearly 13% from seven-year highs of $86 a barrel in October *US will sell 18 million barrels of crude oil from its strategic petroleum reserve on Dec. 17 ....

PREDICTIONS OF $100 OIL PRICE HAVE STARTED TO EMERGE ONCE AGAIN
Crude oil

PREDICTIONS OF $100 OIL PRICE HAVE STARTED TO EMERGE ONCE AGAIN

*Crude oil would act as a trigger for sudden re-pricing of risk assets across the board *Control over the market’s marginal oil supply and oil prices is firmly in the hands of ....

2 MILLION BPD TO GLOBAL SUPPLY BY THE YEAR END LEADING TO A LOWER CRUDE PRICE
Crude oil

2 MILLION BPD TO GLOBAL SUPPLY BY THE YEAR END LEADING TO A LOWER CRUDE PRICE

*OPEC+ also plans to end all output restrictions by September 2022 *Predictions of $100 a barrel oil made by some investment banks are less likely to materialize The OPEC ....