Oil Price
The latest news, updates and opinions on Oil Price from the expert team here at MoneyWeek
Latest
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Oil prices will mount a recovery
News Hopes of a Covid-19 vaccine lifted oil markets earlier this week, with Brent crude jumping to $43 a barrel.
By Alex Rankine Published
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Oil stocks: share prices in this hated sector are back at their Covid-19 lows – time to buy?
Opinion 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 sector is so disliked, and asks: is it time for a contrarian punt?
By John Stepek Published
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The oil-price rebound has stalled
News The post-lockdown rally in the oil price has now stalled, with prices down by 6% since the beginning of September
By Alex Rankine Published
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The oil price comes off the boil again
News The oil-price rally has come unstuck, with Brent crude falling back by 12% so far this month to hit a two-month low.
By Alex Rankine Published
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Can the oil-price rally continue?
News The oil price has risen by 120% since its April low. But that is encouraging producers to increase supply.
By Alex Rankine Published
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The oil price rallies – but a full recovery is a long way off
News Brent crude continued its rally early this week. But countries that depend on oil are still in a difficult spot.
By Alex Rankine Published
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Negative oil prices are just one result of banning bankruptcy
Analysis Negative oil prices are a result of low interest rates and cheap credit propping up inefficient businesses. Bankruptcy is part of the fabric of capitalism, says John Stepek. It helps us to see what’s working and what isn’t.
By John Stepek Published
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The negative oil price meant traders couldn’t give the stuff away – here’s what that means
Opinion With a lot more oil being produced than anyone can use and storage space running out, the oil price briefly turned negative. John Stepek explains what that means.
By John Stepek Published
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The oil-price war is not over – it's just on hold
News Both Opec and Russia have agreed to restrict oil output by ten million barrels per day from next month. But the oil price war isn't over yet.
By Alex Rankine Published
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