- 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