The biggest oil price news this week was OPEC's first compliance meeting on Sunday (Jan. 22) since its production cut began.
While the cartel reported its members were on track to comply with the agreement, WTI crude oil prices have fallen.
By Dustin Parrett, Associate Editor, Money Morning -
The biggest oil price news this week was OPEC's first compliance meeting on Sunday (Jan. 22) since its production cut began.
While the cartel reported its members were on track to comply with the agreement, WTI crude oil prices have fallen.
By Dustin Parrett, Associate Editor, Money Morning -
Today's oil price news saw WTI crude oil prices rise over 2.7%.
A new report from the EIA and updates on the OPEC agreement are driving oil prices today.
Here's our oil price news for today...
By Dustin Parrett, Associate Editor, Money Morning -
In oil price news today, WTI crude prices are up 1.5% after the Federal Reserve released minutes from its last meeting in December.
WTI crude oil is currently trading at $53.13 a barrel, up nearly a dollar over yesterday's close of $52.33 a barrel.
Here's why oil prices are going up today...
By Dustin Parrett, Associate Editor, Money Morning -
This was an eventful year in the oil markets, and 2017 could be just as volatile. Our 2017 oil price prediction will help you make sense of what's happening next.
While the OPEC agreement helped raise oil prices, there's a lot of uncertainty ahead in 2017.
That's why we've put together a comprehensive oil price prediction to help you know what to expect.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
Here's how much higher oil prices could rise in 2017...
By Dustin Parrett, Associate Editor, Money Morning -
President Obama's permanent drilling ban off the Atlantic and Alaskan coasts is a blow to American drillers, just as oil and gas prices are starting to rise.
President Obama's permanent drilling ban couldn't come at a worse time for American oil and gas companies.
And his decision is unprecedented, too...
By Dustin Parrett, Associate Editor, Money Morning -
The price of oil today (Monday, Dec. 12) surged to a new record high in 2016.
The historic OPEC agreement reached last month led to a spike in the price of oil.
But oil prices today have continued to climb since the agreement. Here's why...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
These two factors are the keys to its survival and success...
By Dustin Parrett, Associate Editor, Money Morning -
Oil prices today (Monday, Dec. 5) continue to rise after OPEC officially announced it had reached an agreement to cut oil production last week, sending crude oil prices up 15% since the agreement was announced.
By Dustin Parrett, Associate Editor, Money Morning -
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
There's only one way to make this accord work...
By Jack Delaney, Associate Editor, Money Morning -
Crude oil prices today surged as high as 7% early this morning.
That's because investors are optimistic OPEC will reach a deal to cap production today.
But there are two reasons why a deal might not happen. Here's what you need to know...
By Diane Alter, Contributing Writer, Money Morning -
One day ahead of the highly anticipated Organization of the Petroleum Exporting Countries (OPEC) meeting on whether to cut production, WTI crude oil prices are dropping.
Doubts are rising that the oil cartel will reach an agreement on Wednesday.
Here's what today's action in the oil patch looks like...
By Dustin Parrett, Associate Editor, Money Morning -
The WTI crude oil price today is down 1%, but it's up 3% since last week as the approaching OPEC meeting has increased oil price volatility.
By Diane Alter, Contributing Writer, Money Morning -
The price of crude oil today (Wednesday) is falling amid a rising dollar and increasing stockpiles.
Also pressuring crude oil prices today is the impact from investors taking bets off the table as they wait for an OPEC deal to develop.