Brent prices hit $75 per barrel in early morning trading on Tuesday, the highest price in more than three years. While prices quickly fell back again, bullish sentiment remains strong. The reasons are familiar – geopolitical events are flaring up at a time when the oil market is tightening. Saudi Arabia looks to nuclear to save oil for export. Saudi Arabia said it is in talks with 10 countries on the possibility of building nuclear reactors in the kingdom, and Saudi officials are eying plans for 16 reactors over 20 to 25 years at a cost of more than $80 billion. Platts Oil helps to develop, connect & explain the market price of crude oil and oil products. Discover how you can access our oil prices, news & analysis Hedge funds hit pause button on oil futures. Ahead of the market meltdown, hedge funds and other money managers trimmed their bullish bets on oil futures, the first cut in net-long bets in six weeks. The reduction was small, but it was an indication that investors were growing wary last week of the oil price rally. While shale production continued to surge this week, high OPEC compliance and the continued crisis in Venezuela have kept oil prices flat. Important Note for Energy Investors: A revolutionary shift is about to occur, and there’s one small, publicly traded company—trading for $15—at Oil prices have taken another turn for the worse, with both WTI and Brent moving down below $45 per barrel at the start of the week. Fears of oversupply of both crude oil and refined products continue to act as a drag on oil, and prices have dropped to their lowest level in months.
Saudi Arabia looks to nuclear to save oil for export. Saudi Arabia said it is in talks with 10 countries on the possibility of building nuclear reactors in the kingdom, and Saudi officials are eying plans for 16 reactors over 20 to 25 years at a cost of more than $80 billion. Platts Oil helps to develop, connect & explain the market price of crude oil and oil products. Discover how you can access our oil prices, news & analysis
Oil prices have taken another turn for the worse, with both WTI and Brent moving down below $45 per barrel at the start of the week. Fears of oversupply of both crude oil and refined products continue to act as a drag on oil, and prices have dropped to their lowest level in months. Oilprice.com Intelligence Report: The IMF vs. Energy Subsidies By James Stafford - Mar 30, 2013, 12:42 PM CDT. U.S. Shale Collapse Will Lead To Higher Oil Prices. Oil Price Crash: 50% Of U.S Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice Brent prices hit $75 per barrel in early morning trading on Tuesday, the highest price in more than three years. While prices quickly fell back again, bullish sentiment remains strong. The reasons are familiar – geopolitical events are flaring up at a time when the oil market is tightening. Saudi Arabia looks to nuclear to save oil for export. Saudi Arabia said it is in talks with 10 countries on the possibility of building nuclear reactors in the kingdom, and Saudi officials are eying plans for 16 reactors over 20 to 25 years at a cost of more than $80 billion.
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Oil prices have taken another turn for the worse, with both WTI and Brent moving down below $45 per barrel at the start of the week. Fears of oversupply of both crude oil and refined products continue to act as a drag on oil, and prices have dropped to their lowest level in months. Palm Oil Market Research Report. The palm oil industry is anticipated to increase from 64.5 MMT to 68.4 MMT in 2019 due to a rise in demand from countries such as Indonesia, Malaysia, Thailand, China, and India. The average monthly consumption is expected to be at 5.7–5.8 MMT in 2019. oil price intelligence report Oil prices were flat on Friday amid light trading as the holiday approaches. After a volatile year, it appears that oil markets are set to enter the New Year in a far calmer manner. Products » Pricing » Spot » International Feedstocks Intelligence Report. This report is a must-have for refiners pricing feedstocks for their facilities in the western hemisphere or selling excess product back into the market. OPIS feedstock prices also form a cost basis for traders buying and selling to refiners. Crude Oil Prices Charts. Latest News on Oil, Energy and Petroleum Prices. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry. Accurate Oil Price Forecasts