Tag: WTI crude oil prices

Oil Market Outlook, October 2018

| October 25, 2018 | 0 Comments
Oil Market Outlook, October 2018

The Energy Information Administration (EIA) released its Short-Term Energy Outlook for October, and it shows that OECD oil inventories likely bottomed in July at 2.806 billion barrels. It shows inventories rising in the third quarter, contrary to the normal seasonal trend. However, it forecasts that stocks will drop in December to 2.817 billion after the […]

Continue Reading

World Oil Supply, Demand And Price Outlook, September 2018

| September 27, 2018 | 0 Comments
World Oil Supply, Demand And Price Outlook, September 2018

The Energy Information Administration released its Short-Term Energy Outlook for September, and it shows that OECD oil inventories likely bottomed in July at 2.804 billion barrels. It shows inventories rising in the third quarter, contrary to the usual seasonal trend. However, it forecasts that stocks will drop in December to 2.798 billion after the Iranian […]

Continue Reading

3 Energy Stocks To Buy Now

| September 20, 2018 | 0 Comments
3 Energy Stocks To Buy Now

These 3 stocks will lead the energy and oil resurgence Oil is back. In 2014, WTI crude oil prices were north of $100 per barrel. Not surprisingly, energy stocks, and in particular oil stocks, were doing pretty well back then. But, oil stockpiles got too high at the same time that demand started to waver. The oil […]

Continue Reading

Oil Prices: Then, Now And 2017

| November 1, 2016 | 0 Comments
Oil Prices: Then, Now And 2017

The price of a barrel of oil has dropped to $47.63 today (Monday, Oct. 31) on the news OPEC members aren’t progressing toward an agreement on curbing oil production. Futures markets have seen bets on lower WTI crude oil prices rise for the first time this month. This is a stark turnaround for the oil […]

Continue Reading