Oil Price
The latest news, updates and opinions on Oil Price from the expert team here at MoneyWeek
Latest
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Oil price keeps rising despite Opec+ production rise
News The price of oil reached $120 a barrel this week, despite Opec+ saying it would raise production by 648,000 barrels a day.
By Alex Rankine Published
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Think the oil price is high now? You ain’t seen nothing yet
Analysis The oil price has been on a tear in recent months. Dominic Frisby explains why oil in fact is still very cheap relative to other assets.
By Dominic Frisby Published
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The surging oil price will hurt – but it also creates opportunities
Analysis The price of oil is at its highest since 2008. That's bad news for most people – but it also means opportunities for investors, says John Stepek.
By John Stepek Published
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Oil price races higher as demand rebounds
News Supply constraints, increased demand and the Russian threat to Ukraine are sending the oil price racing towards $100 a barrel.
By Alex Rankine Published
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Oil price hits seven-year high after Abu Dhabi attack
News The oil price hit a seven-year high after Houthi rebels in Yemen staged a drone attack on an oil storage site in Abu Dhabi.
By Alex Rankine Published
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Could the oil price hit $150 a barrel by 2023?
Analysis The oil price has fallen as a new strain of Covid brings fresh restrictions around the world. But in the long run it’s a different story, with some analysts predicting $150 a barrel. John Stepek looks at how likely that is.
By John Stepek Published
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How to invest as oil prices keep heading higher
Analysis Oil prices are soaring reversing a sharp meltdown seen at the depths of the Covid-19 crisis. Saloni Sardana explores how you can play the market.
By Saloni Sardana Published
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The oil price is spiking higher – and there’s no reason to expect it to drop from here
Analysis The oil price has been climbing steadily over the last year or so. And with producers unwilling to raise output, it’s set to keep going. John Stepek explains what’s going on.
By John Stepek Published
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Gas prices explode – and oil prices will follow
News After gas prices hit new highs, Brent crude oil prices have broken through $80 a barrel for the first time in almost three years.
By Alex Rankine Published
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