
Shock And Bore: Tracking Tight Oil’s Price Dynamics
A few weeks ago, OPEC and other major oil producers agreed to extend 1.73m bpd of production cuts until the...
Return of oil’s ‘risk premium’ hinges on Syria allies Russia and Iran
The response of Russia and Iran to U.S. missile strikes on Syria will be a crucial determinant of whether the “risk premium” returns to benchmark oil prices, commodity strategists and economists told CNBC.
Oil’s Sedate Market Poised for Data Shot on OPEC-Led Cuts
Oil prices caught in a trance above $50 a barrel are set for a jolt as evidence on pledged output curbs from OPEC and other producing nations hits the market over two sessions.
Oil’s rebound above $50 in Q1 based on ‘faith than fact’
Benchmark crude oil prices will likely average $54 a barrel in the first quarter, but the rally may stall if producers don’t deliver on pledged supply cuts, a CNBC survey of strategists and forecasters showed.
PIRA Predicts Oil’s Rise Above $60 in 2017
Slowing demand for oil isn’t anything to be afraid of, says PIRA Energy Group’s Gary Ross.