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Oil Fell Friday but Up on Week
Friday, January 21, 2022Oil capped its fifth week of gains on continued signs of robust demand and strained crude supplies that have taken prices to seven-year highs.
Morgan Stanley Sees Brent Hitting $100 by 3Q
Friday, January 21, 2022The bank expects stockpiles to slide even lower by the end of the year.
Crude Futures Ease on Light Supply Build
Thursday, January 20, 2022Oil's rally faltered after U.S. crude stockpiles rose modestly amid renewed pledges from President Joe Biden to try to curb prices.
Goldman Sachs Sees Oil at $96 This Year
Thursday, January 20, 2022Goldman Sachs has raised its oil price forecasts 'significantly'.
Oil Rises to Seven-Year High as Demand Defies Omicron
Wednesday, January 19, 2022Oil touched its highest level since October 2014 as the International Energy Agency said the market looks tighter than previously thought, with demand proving resilient to omicron.
Oil Prices Potentially Set Up for Sizzling Summer
Wednesday, January 19, 2022OPEC and its allies are being left with a diminishing buffer of spare supplies.
Oil Rally Continues to Seven Year High
Tuesday, January 18, 2022Physical crude markets are surging on robust demand.
Oil Up on Increasingly Bullish Backwardation Pattern
Monday, January 17, 2022Brent highest since 2014 as all indicators appear to point bullish.
Vitol Group Says Oil Prices May Rise Even More
Monday, January 17, 2022Oil posted a fourth-straight gain last week.
Omicron Labor Force Impact a Factor to Monitor
Monday, January 17, 2022Rigzone's regular energy prognosticators highlight Omicron's impact on the labor force, geopolitical factors, oil price trends and more.