- Joe Barone, Shale Directories
- Blog
- May 16, 2019
Oil rises as market shrugs off jump in US crude inventories
Crude oil futures rose slightly Wednesday as worries that rising tensions in the Middle East could impact global supplies overshadowed an unexpected rise in U.S.- Joe Barone, Shale Directories
- Blog
- May 15, 2019
Crude prices mixed as hope lingers for U.S.-China deal
Crude oil prices were mixed Tuesday as tensions in the Gulf appeared to stop short of a military showdown and both sides in the U.S.-China trade talks sounded conciliatory tones, signaling a deal may be possible, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 8, 2019
Oil plummets 1+%, as U.S.-China trade war intensifies
Crude oil prices dropped Tuesday as renewed doubts of a U.S.-China trade pact stoked concerns over global growth, while U.S. sanctions on Iran and Venezuela tightened supply and helped to curtail losses, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 6, 2019
Crude rises Friday, falls for the week
Crude oil prices inched up Friday, as strong U.S. economic data boosted demand feelings, and as production drops in sanctions-hit Iran and Venezuela tightened the market, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 2, 2019
Crude oil slips, as U.S. inventories jump
Crude oil prices slipped Wednesday after U.S. crude inventories soared to their highest point in 19 months, as production set a record, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 26, 2019
Oil prices fall, pull back from 6-month highs
Crude oil prices dropped Thursday after trading in a tight price range much of the day, Kallanish Energy reports. Brent crude earlier topped $75 per barrel for the first time in nearly six months, as quality concerns stopped some Russian crude exports to Europe, and the U.S.- Joe Barone, Shale Directories
- Blog
- April 25, 2019
Crude ends day mixed after big jump in U.S. inventories
Crude oil prices Wednesday ended the trading session near six-month highs after data showed U.S. inventories rose to the highest amount in 18 months, allaying concerns of tight supply resulting from Opec+ output cuts and U.S.- Joe Barone, Shale Directories
- Blog
- April 23, 2019
Oil surges after Trump says sanction waivers done
Crude oil prices surged Monday, hitting new 2019 highs, after the Trump administration announced all oil buyers will have to end imports from Iran, effective May 2, or be subject to U.S.- Joe Barone, Shale Directories
- Blog
- April 19, 2019
Crude rises on Saudi export cuts and lower U.S. inventories
Crude oil prices were slightly higher Thursday, as a drop in crude exports from Saudi Arabia and a drawdown in U.S.- Joe Barone, Shale Directories
- Blog
- April 18, 2019
Oil prices drop on China growth, lower U.S. crude stockpiles
Crufe oil prices dropped Wednesday after Brent crude hit a 2019 high above $72 a barrel, supported by steady economic growth in China and data showing U.S.- Joe Barone, Shale Directories
- Blog
- April 16, 2019
U.S., Brent crudes slip, as Russia talks output hikes
Crude oil prices fell Monday after Russia’s finance minister said Russia and Opec+ may boost production to fight the U.S. for market share, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 10, 2019
Crude prices fall as Russia suggests it will raise output
Crude oil prices fell Tuesday from five-month highs as Russian comments signaled the possible easing of the Opec+ supply-cutting deal overcame concern violence in Libya could tighten global markets, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 9, 2019
Crude hits 5-month high, as fighting threatens Libyan output
Crude oil prices rose to a five-month high Monday, on expectations for tighter global supply due to fighting in Libya, Opec+-led cuts and U.S.- Joe Barone, Shale Directories
- Blog
- April 5, 2019
Brent crude tops $70 for first time since November
Brent crude oil prices Thursday pushed through $70 per barrel for the first time in nearly five months, as expectations of tight global supply outweighed pressure from rising U.S.- Joe Barone, Shale Directories
- Blog
- March 29, 2019
WTI, Brent crudes shrug off Trump’s Opec tweet
Oil prices settled roughly flat Thursday, recovering from the day’s worst losses that came shortly after President Trump called for Opec to boost crude production to lower prices.- Joe Barone, Shale Directories
- Blog
- March 25, 2019
Crude drops from 2019 highs, settles down more than 1%
West Texas Intermediate and Brent crude oils fell more than 1% Friday, slipping further from 2019 highs reached earlier last week.- Joe Barone, Shale Directories
- Blog
- March 22, 2019
Crude settles pennies lower, near 4-month high, as supplies tighten
Crude oil dropped slightly Thursday, but held near 2019 highs, supported by a sharp tightening of global stocks, Opec production cuts and U.S.- Joe Barone, Shale Directories
- Blog
- March 20, 2019
Crude oil prices mixed after hitting new 2019 highs
Crude oil prices were little changed Tuesday after hitting 2019 highs earlier in the day, maintaining strength on expectations Opec+ will continue its production cuts.- Joe Barone, Shale Directories
- Blog
- March 19, 2019
Crude rises, supported by Opec supply cuts
Crude oil prices rose Monday, supported by the possibility of a longer-than-expected Opec+ crude supply cut and indications of inventory declines at Cushing, Oklahoma.- Joe Barone, Shale Directories
- Blog
- March 15, 2019
Crude futures reach four-month highs
Brent and West Texas Intermediate crude oil futures reached four-month highs Thursday, as production cutbacks by Opec+, along with U.S. sanctions on Iran and Venezuela, tightened global supplies.- Joe Barone, Shale Directories
- Blog
- March 11, 2019
Crude falls Friday after anemic U.S. jobs report
Crude oil prices fell last Friday, but managed to recoup most of the losses after plunging on data that showed recent U.S.- Joe Barone, Shale Directories
- Blog
- March 7, 2019
Crude oil prices mixed after U.S. crude inventories surge
Crude oil prices were mixed Wednesday, after government data showed a surge in weekly U.S. crude oil inventories, partly offset by a drop in the nation’s inventories of refined petroleum products.- Joe Barone, Shale Directories
- Blog
- March 6, 2019
Crude oil settles mixed
Crude oil prices were mixed Tuesday as Opec-led efforts to tighten supply offset the restart of Libya’s biggest oilfield and possible weaker demand.- Joe Barone, Shale Directories
- Blog
- March 5, 2019
Crude rises on trade deal hopes, Opec supply cuts
Oil prices rose Monday from last week’s losses, boosted by reports the U.S. and China could soon reach a formal agreement to end a trade war that’s weighed against economic growth.- Joe Barone, Shale Directories
- Blog
- February 28, 2019
Crude oil surges as U.S. crude stocks dive
Crude oil prices jumped more than 1.75% Wednesday after U.S. government data showed an unexpected and sharp drop in U.S. crude inventories.- Joe Barone, Shale Directories
- Blog
- February 27, 2019
Opec ignoring pressure from Trump steadies crude price
Crude oil futures steadied Tuesday as it appears Opec is ignoring President Trump imploring the cartel not to raise prices. Prices slid Monday, after Trump tweeted Opec to hold back on raising prices, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Crude drops more than 3% after Trump tells Opec curb prices
Crude oil prices fell more than 3% Monday after President Trump urged Opec via Twitter to lower the cost of crude, putting pressure on the cartel and friends to tone down their price-boosting output cuts.- Joe Barone, Shale Directories
- Blog
- February 26, 2019
Crude drops more than 3% after Trump tells Opec curb prices
Crude oil prices fell more than 3% Monday after President Trump urged Opec via Twitter to lower the cost of crude, putting pressure on the cartel and friends to tone down their price-boosting output cuts.- Joe Barone, Shale Directories
- Blog
- February 20, 2019
Crude mixed Tuesday, as demand worries weigh
Crude oil prices were mixed Tuesday, but managed to stay around 2019 highs, as concerns about global demand, coupled with uncertainty over the latest round of U.S.-China trade talks, countered investor optimism due to tightening supplies.- Joe Barone, Shale Directories
- Blog
- February 19, 2019
Brent dips, still set for biggest 1st-quarter jump in 8 years
The price of Brent crude oil slipped slightly Monday, but remained on track for its strongest first quarter in eight years, due to growing confidence among investors that Opec’s supply cuts will prevent an oil glut.- Joe Barone, Shale Directories
- Blog
- February 15, 2019
Crude prices climb on U.S.-China trade optimism, Opec cuts
Crude oil prices rose for a third consecutive day Thursday — with Brent crude reaching its highest price through the first seven weeks of 2019.- Joe Barone, Shale Directories
- Blog
- February 14, 2019
Crude prices rise, bolstered by Saudi output cuts
Crude oil prices rose Wednesday after top exporter Saudi Arabia said it would cut crude exports and cut even more from its production, with ever-growing U.S.- Joe Barone, Shale Directories
- Blog
- February 13, 2019
Crude rises as Saudis plan steeper oil supply cuts
Crude oil prices rose more than 1% Tuesday on steep Opec production cuts and Saudi Arabia’s plan to drop March crude output by more than 500,000 barrels per day below its pledged reduction.- Joe Barone, Shale Directories
- Blog
- February 8, 2019
Crude oil plunges, as U.S.-China trade dispute impacts demand outlook
Crude oil prices plunged Thursday as the market weighed concerns global demand growth would fall in 2019. A rebound from late December lows seemed to stall due to worries a trade war between the U.S.- Joe Barone, Shale Directories
- Blog
- February 7, 2019
Crude oil rises Wednesday on tightening supply
Crude oil prices rose Wednesday, helped by signs of strong U.S. demand for distillate products and tightening global crude supply. Gains were capped by a rising U.S.- Joe Barone, Shale Directories
- Blog
- February 6, 2019
U.S., Brent crudes fall as weak factory data feeds demand angst
Crude oil prices fell in roller coaster trading Tuesday, pulling back from two-month highs after weak U.S. factory orders data revved up economic slowdown worries.- Joe Barone, Shale Directories
- Blog
- February 4, 2019
Crude oil rises on strong U.S. jobs data, sanctions
West Texas Intermediate and Brent crude oil prices rose Friday, after positive U.S. jobs data strengthened expectations for higher fuel demand, plus signs U.S.- Joe Barone, Shale Directories
- Blog
- February 1, 2019
Oil surges by double-digit percentages
Crude oil prices surged in January, posting its best January performance in years, breaking a three-month losing streak that saw futures lose nearly half their value.- Joe Barone, Shale Directories
- Blog
- January 30, 2019