A month ago, the price of Brent crude oil hit a new four-year high of more than $86 a barrel. In a spectacular reversal of fortune, it is now in a bear market, having plummeted by more than 20%.
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.
Matthew Partridge’s bet on the oil price is becoming increasingly frustrating.
Despite the efforts of Opec and Russia, the price of a barrel of oil remains depressed. And it’s unlikely to climb much any time soon. John Stepek explains why.
Every year “the men from Hacienda” gather to discuss one of the most hotly anticipated deals in banking.
Donald Trump’s missile strike on Syria last week helped boost Brent crude to a four-week high of $56 a barrel. But will it last?
Oil’s middling price range is holding, and a slump looks unlikely. Max King picks a good way to buy in to oil
US shale oil producers may be able to keep oil prices in a range around current levels.
Shale oil has revolutionised US oil production and released the oil market from Opec’s iron grip. John Stepek looks at the sector and explains how to play it.