Resurgent pandemic brings new headwinds for the oil market
Policemen riding Segways in Mumbai
Oil

Resurgent pandemic brings new headwinds for the oil market

With India the world’s third-biggest oil market, the economic slowdown driven by the pandemic will hit oil prices.
30 Apr 2021
Oil price comes off the boil as the pandemic lingers
Oil price

Oil price comes off the boil as the pandemic lingers

Brent crude oil had its worst week since October last week, tumbling by 7%, as continued virus restrictions in Europe weigh on demand.
25 Mar 2021
Oil, bonds and tech stocks tumble – what’s going on?
Nasdaq exchange
Stockmarkets

Oil, bonds and tech stocks tumble – what’s going on?

The market’s delayed reaction to the Fed’s statement on interest rates led to all manner of assets selling off. John Stepek looks at what’s going on a…
19 Mar 2021
If you’re looking for an “ESG” investment, why not try oil stocks?
Environmental protesters against Shell
ESG investing

If you’re looking for an “ESG” investment, why not try oil stocks?

Investors looking to have their money do good shouldn’t sell out of miners and fossil-fuel companies, says Merryn Somerset Webb. That will just leave …
15 Mar 2021
Here’s why Saudi Arabia is no longer worried about shale oil
US shale oil worker
Oil

Here’s why Saudi Arabia is no longer worried about shale oil

In recent years, rising oil prices have been met by rising production from US shale companies. Saudi Arabia is gambling that's no longer the case. Joh…
8 Mar 2021
Is the oil price heading for $100 again?
Oil

Is the oil price heading for $100 again?

Not so very long ago, the oil price went negative. But in the last three months alone it’s risen by 50%. And while it may take the odd breather here a…
16 Feb 2021
Oil prices recover from Covid-19 collapse
Oil

Oil prices recover from Covid-19 collapse

The oil price slumped last spring as major economies locked down. But is has now returned to its pre-pandemic level as it hits $60 a barrel.
11 Feb 2021
Cover of MoneyWeek magazine issue no 1022, Friday 23 October 2020

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Oil had a terrible 2020. This year will be better
Oil

Oil had a terrible 2020. This year will be better

Oil companies are struggling – both BP and Exxon have reported losses after a year in which the oil price briefly went negative. But hang on to your e…
3 Feb 2021
Think Tesla is a bubble? This might be the best way to bet on it bursting
Oil

Think Tesla is a bubble? This might be the best way to bet on it bursting

The huge rise in Tesla’s share price means that, by market value, it’s now the sixth-largest company in the US and and the world’s biggest car-maker. …
25 Jan 2021
More upside to come for the oil price
Oil

More upside to come for the oil price

The Brent crude oil price its highest level since last February this week. And there could be more gains to come.
14 Jan 2021
How rising oil prices could prick the US stockmarket bubble
Oil

How rising oil prices could prick the US stockmarket bubble

Even with the coronavirus resurgent and much of the world going back into lockdown, the oil price is rising. That could deal a serious blow to the US …
8 Jan 2021
22 December 1973: Opec more than doubles the price of oil
This day in history

22 December 1973: Opec more than doubles the price of oil

On this day in 1973 Opec, the oil price cartel, more than doubled the price of oil from $5.12 a barrel to $11.65.
22 Dec 2020
My favourite oil stock has almost trebled since 2016 – but I’m hanging on to it
Oil

My favourite oil stock has almost trebled since 2016 – but I’m hanging on to it

Four years ago in his “trade of the lustrum” Dominic Frisby discovered that the best stock to use to bet on oil is not actually an oil stock. It’s bee…
9 Dec 2020
Buy oil – we’re going to be reliant on it for a while yet
Oil

Buy oil – we’re going to be reliant on it for a while yet

As the world gets excited about electric cars and hydrogen planes, oil is decidedly out of fashion. But it’s still vital to the global economy, says J…
4 Dec 2020
Oil is dirt cheap and going higher – here’s the best ways to invest
Oil

Oil is dirt cheap and going higher – here’s the best ways to invest

After its crash earlier this year oil is still extraordinarily cheap. But supply is short and demand is only going to rise, says Dominic Frisby. Here,…
25 Nov 2020
Oil prices will mount a recovery
Oil

Oil prices will mount a recovery

Hopes of a Covid-19 vaccine lifted oil markets earlier this week, with Brent crude jumping to $43 a barrel.
13 Nov 2020
3 November 1975: British North Sea oil begins to flow
This day in history

3 November 1975: British North Sea oil begins to flow

On this day in 1975, the Queen turned on the North Sea oil tap, bringing crude from the newly-drilled Forties oil field to Britain.
3 Nov 2020
Cash in on a profitable end to the oil era
Oil

Cash in on a profitable end to the oil era

Cheap oil stocks could still make a lot of money and carve out a new future before oil demand peaks
20 Oct 2020
Oil stocks: share prices in this hated sector are back at their Covid-19 lows – time to buy?
Oil price

Oil stocks: share prices in this hated sector are back at their Covid-19 lows – time to buy?

Demand for oil plummeted as the world locked itself down, and oil producers’ share prices remain stuck at rock bottom. John Stepek explains why the se…
8 Oct 2020
The oil-price rebound has stalled
Oil

The oil-price rebound has stalled

The post-lockdown rally in the oil price has now stalled, with prices down by 6% since the beginning of September
1 Oct 2020
Oil producers are back at their Covid-19 lows – is it time to buy?
Oil

Oil producers are back at their Covid-19 lows – is it time to buy?

With demand for oil hammered by Covid-19 and talk of “peak oil demand”, there are lots of good reasons to be bearish on oil producers. So, asks John S…
22 Sep 2020
Is this the end of the oil era? And if so, what should you invest in?
Oil

Is this the end of the oil era? And if so, what should you invest in?

Oil major BP says we may already have seen “peak oil demand”. What would that mean for your portfolio? John Stepek investigates.
17 Sep 2020