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Will Oil break out of trading Rrange?

Interview and discussion with Edward Morse of the LCM Commodities. He shares his insights on how oil will trade in the future.

Finalists shortlisted for ADIPEC 2012 Awards

ADIPEC jury selects finalists from a pool of over 170 high-calibre candidates After weeks of deliberation, the ADIPEC Awards Regional Select Jury (RSJ), has shortlisted...

Crude price recovery remains long term perspective; Oil production expected to...

The idea that oil prices will bottom out, and a period of retrenchment will begin, isn’t entirely new. Investments in exploration and production are...

Oil price extends losses

Oil price extended losses on Tuesday, as the dollar benefited from ongoing worries about European sovereign-debt issues and concerns about U.S. growth and oil...

Oil prices eye fresh 2-1/2 year highs

Crude oil prices hold near 2-1/2 year peaks as worries about supply disruption persisted given ongoing unrest in Libya. U.S. crude rose 0.2...

Could the oil price crunch topple governments?

Egypt's oil minister Osama Kamal has dismissed the head of state-owned Misr Petroleum and another top official due to a crisis in distributing fuel...

ADNOC Announces US $45 Billion Investment Plan

ADNOC to create the world’s largest integrated refining and petrochemicals complex in Ruwais, UAE Creation of new partnership and investment opportunities to enable...

Oil Prices Remain Flat on Strong Supplies

Oil prices slipped in early Asian trade on Monday on a strong dollar as the odds grow of a June or July rate hike,...

Reduce energy demands drive crude lower

Past weak, crude oil for September delivery had a rough two weeks as it sank to its lowest level in 11 - months, down...

DME Oman Crude Up Over 100% Since Historic Production Cuts

Oman crude oil Benchmark trading on Dubai Mercantile Exchange has doubled in price since the record cuts agreed by the OPEC+ group and other...

US Oil Spill

The oil industry is crucial to those living on the coasts of Louisiana, Mississippi and Alabama - for years it has brought in money...

Egypt unrest pushes Brent crude oil to $100 a barrel

The price of Brent crude oil has passed $100 a barrel for the first time since October 2008 on concerns about the political unrest...

DME Concludes Basrah Crude Oil Auction with $13.7 Million Premium

Dubai Mercantile Exchange, the premier international energy futures and commodities exchange in the Middle East, concluded its latest auction on Wednesday 20 September 2017,...

Oil & Gold in the Investor’s Spotlight in 2022

Not only commodities markets but also the derived financial and capital markets are undergoing a wave of revived interest by both long-term investors and...

Oil markets expected to continue to tighten

Oil markets will continue to tighten over the next two years given expected robust growth in world oil demand and slow growth in...

What Could Push Oil To $100?

If anyone thought the latest oil market outlooks of the EIA and the IEA are upbeat, here’s an even more upbeat one from Energy...

Crude Oil, Gold and Silver rise on weak Dollar

Crude oil prices climbed Wednesday as US inventories dropped unexpectedly last week. The Energy Information Administration reported on Wednesday, US Crude inventories fell 4.4M...

OPEC issues Oil Market Highlights for May

The OPEC Secretariat has issued its monthly oil market report for May 2013. Following are oil market highlights from the Monthly Oil Market Report by...