The oil price has risen by 20% this year – far outstripping the stockmarkets. John Stepek looks at the reasons for its rise, and what might happen from here.
Opec, the oil exporters’ cartel, has never been very good at sticking to deals to rein in output and prop up the oil price.
A while ago, Dominic Frisby suggested oil would be the best trade of the next five years. Today, he checks back in to see how it’s doing.
Canada’s oil output is set to rise by 570,000 barrels per day in 2017 and 2018 combined.
This Brazilian oil company has been quietly restoring the business to profitability, says Matthew Partridge.
Try as it might, says Alice Gråhns, oil cartel Opec just can’t seem to mop up the oil glut.
The oil price has fallen to around $45 a barrel. John Stepek examines the reasons behind the oil bear market, and asks how much further prices are likely to fall.
Opec and the oil giants expect decades of growth in the energy market. But they may be missing “seismic shifts” in technology or policy that could nullify or crimp oil demand.
The oil price has refused to budge despite oil cartel Opec and Russia cutting back on production. John Stepek explains why, and looks at what that means for investors.
Saudi Arabia’s finance minister says Opec will do “whatever it takes” to bring the oil price under control. Will it succeed? John Stepek investigates.
In trying to beat US shale oil producers, Opec has a serious fight on its hands. And it’s only going to get harder.