Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
Oil prices were down slightly on Tuesday morning but remained elevated on the back of U.S. sanctions on Russia which caused prices to spike on…
Bullish sentiment is well and truly back in oil markets, with Brent breaking $80 and WTI trading at $77.46.Oil prices have started the year rallying…
Oil markets have spent the first days of 2025 focused on storms and sanctions, with Biden doubling down on sanctions in his final days in…
Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China's attempts to stimulate its…
Oil prices are ending the year very close to where they started the fourth quarter, with very limited movement in the last three months despite…
Oil prices are on track to post a weekly gain on the back of China's economic stimulus and forecasts of lower U.S. crude inventories.Oil prices…
While liquidity in oil markets is traditionally very low over the Christmas period, China has provided a bullish catalyst for Brent and WTI this year…
Sentiment in oil markets is decidedly bearish as the year draws to a close, with the Federal Reserve making it clear that it will not…
Oil prices are under pressure ahead of the next Federal Reserve meeting, with demand concerns continuing to weigh on both WTI and Brent.- The huge…
Oil prices are climbing once again as geopolitical risk rises and the threat of new U.S. sanctions on Russia's shadow fleet threatens supply.Oil prices have…
Oil prices remain under pressure despite the recent developments in Syria, with oil market fundamentals countering geopolitical uncertainty.- Expectations for a weaker dollar in 2025-2026…
The U.S. national average price of gasoline has fallen below $3 per gallon for the first time in more than three and a half years.…
Despite OPEC+ postponing its planned production increases until 2025, oil prices remain under pressure due to demand uncertainty. In a widely anticipated move, OPEC+ postponed…
Oil prices were moving higher early on Tuesday morning ahead of the latest OPEC+ meeting as members of the group aligned behind plans to extend…
It's been a relatively calm week for oil prices despite plenty of developments on both the geopolitical and fundamental front, but prices might just begin…
Oil markets are fully focused on this Sunday's OPEC+ meeting after top officials from the three biggest producers in the alliance met on Tuesday.- European…
Geopolitical risk has pushed oil prices back up this week, but traders are likely to refocus on fundamentals as the month draws to an end…
The single biggest threat to the U.S. military is war with China. A war that could start with Beijing blocking exports of one metal that…
The sudden escalation of the Russia-Ukraine war with the United States, UK and France allowing Ukraine to use long-range missiles to strike Russian territory and…
Bearish sentiment continued to dominate oil markets this week despite steep gasoline and diesel draws in the U.S.Friday, November 15th, 2024Steep gasoline and diesel inventory draws…