Brent crude had been trading at under $45 a barrel. Now it’s around $70 – and it could be a very long time before we see prices that low again.
Recent Oil articles
After a year of big rises, the oil price has slipped back recently. Is this just a blip, or are we set for another big tumble? John Stepek explains.
Saudi Aramco’s warning of a supply crunch in the oil market has an element of déjà vu about it. John Stepek takes a closer look to see what investors should do next.
Oil cartel Opec’s decision to raise production was seen as bullish for the oil price, even though a lot more crude is heading to market.
Oil cartel Opec and Russia have decided to pump more oil. Normally, higher production means lower prices. But that’s not likely to happen this time, says John Stepek. Here’s why.