Oil prices reached four-year highs of around $80 this week. And the fundamentals of the market point to even higher prices in the short term.
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.
The price of oil has drifted above $55 a barrel, the highest in 18 months. And pretty much everyone seems to think it will keep rising.
The world’s energy companies found only 174 new oil and gas fields last year, a 60-year low, compared to an annual average of 400-500 in the years leading up to 2013.
With Opec sticking to its cut in production, the oil price is hovering around $50 a barrel. But Donald Trump could easily change that, says John Stepek.
The US shale oil industry is adding more new rigs every month than at any point in the past two years, which should serve to cap the oil price rebound.