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WTI Closes at Highest Level Since April 2019
Thursday, March 04, 2021Oil surged to the highest in nearly two years after the OPEC+ alliance surprised traders.
Platts Apologizes to Oil Traders
Thursday, March 04, 2021S&P Global Platts apologized to oil traders for the speed at which it announced an overhaul of a price that underpins a swath of the world's crude oil transactions.
Analysts Significantly Bump Oil Price Forecast
Thursday, March 04, 2021Analysts at Fitch Solutions Country Risk & Industry Research made a 'significant upward revision' to their oil price forecast this month.
Oil Prices Get Boost from Fuel Inventory Data
Wednesday, March 03, 2021Oil jumped the most in more than a week.
Oil Halts Losses on Eve of OPEC+ Meeting
Wednesday, March 03, 2021Oil rebounded after a three-day fall with the OPEC+ alliance said to be poised to agree an output increase at its meeting this week.
Light Crude Closes Below $60
Tuesday, March 02, 2021Oil tumbled below $60 a barrel in New York with the OPEC+ alliance said to be set to agree to a production increase later this week.
Will Oil Price Rise Strain OPEC+ Relations?
Tuesday, March 02, 2021Rigzone talks to analysts about what the recent oil price rise could mean for OPEC+ relations.
Oil Sinks Before OPEC+ Meeting
Tuesday, March 02, 2021Oil's impressive 2021 rally is coming unstuck just days before OPEC+ meets to decide just how much crude it should return to the market.
Oil Prices Finish Lower As Market Eyes OPEC+ Meeting
Monday, March 01, 2021Oil plunged as the dollar pared losses ahead of a key OPEC+ meeting scheduled this week.
Oil Prices Get Full Stimulus Bill Boost
Monday, March 01, 2021Oil is finally pricing in the full boost from the long-awaited U.S. stimulus bill, rising on the prospect of extra spending and its related market benefits.