Weekly Oil Views: June 22: A Tough Meeting Likely to Relax OPEC+ Cuts
Brent plunged nearly 6% from its 42-month high settle of $79.80 at the beginning of last week after the energy ministers of Saudi Arabia and...
209 Views
Weekly Oil Views: Saudi-Russia Partnership Throws Cold Water on Crude Rally
Energy ministers of Saudi Arabia and Russia last Friday (May 25) agreed that the OPEC/non-OPEC production cuts had gone too far in tightening...
187 Views
WTI 72 Cycle Turn as Longs Head for the Exit
Oil was ripe for a correction given the maturing chart structure and seasonality pointing to a cycle peak in late May. We have been long from WTI...
223 Views
OPEC May Ease Supply Curbs Next Month, Cooling off Crude Prices
We wrote in our Weekly Oil Views: Crude Spike Will Force OPEC to Walk the Talk that OPEC has come under pressure to respond to 1) Brent spiking...
277 Views
Weekly Oil Views: Crude Spike Will Force OPEC to Walk the Talk
The US and Europe are on a collision course over Iran sanctions. Last Friday, the European Commission launched a process to activate its Blocking...
183 Views