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"OIL" tag
decoupling-oil-us-interest-rates-marketexpress-in

Decoupling of Oil and US Interest Rates

Rising oil prices traditionally boost inflation expectations and US interest rates. The May futures contract for light sweet crude oil is up today for the sixth consecutive session. It has risen 11 of the past...

Saudi Arabia Cut More than Commitment, Lifts Prices

Oil prices rallied yesterday following the EIA weekly data and are up further today. Despite the rise in US inventories (4.1 mln barrels) more than four times greater than expected, participants focused on other details....

electric-vehicle-ev-oil-marketexpress-in

EVs May Send Big Oil into “Investor Death Spiral”: Fitch

Every global automaker is furiously working on a lineup of electric vehicles. Many of them already have a model in their showrooms. Billions are poured into it every year. Electric cars are cheaper and simpler...

us-oil-gasoline-stocks-marketexpress-in

Crude Oil Markets Smell a Rat

“The worst is over.” That has been the meme in the oil business in the second quarter. Folks in Houston’s and Calgary’s office sector, companies that supply the oil patch, and everyone else associated with...

OPEC-oil-iran-saudi-arabia-marketexpress-in

OPEC members fail to agree on production freeze

Tehran will not participate in an output cap agreement to stabilize oil prices, said Iran’s oil minister. Analysts warned that OPEC’s failure to strike a deal could have a severe impact on oil markets. Qatar’s...

oil-price-marketexpress-in

Opinion: Up with the oil price!

Since mid-January, crude oil prices on the international market have increased markedly. Just three weeks ago, a barrel of the benchmark North Sea Brent oil was going for less than $29. Now the price has...

saudi-arabia-oil-marketexpress-in

As oil drops, so do stocks

The price of oil has gone from bad to worse in the new year, plumbing lows not seen in over a decade. The commodity’s performance has raised interesting questions about the effect it has on...

saudi-arabia-oil-marketexpress-in

Saudi Arabia to reduce its reliance on oil

In a bid to shore up the Middle East nation’s finances battered by the global slump in crude prices, Saudi King Salman has pledged to diversify the country’s economy and veer off its heavy dependence...

andrew-carnegie-john-d-rockefeller-oil-market

Oil: WWJD–What would JD Rockefeller have Done?

Many observers conclude OPEC is dead. Oh, its demise has been claimed before, but after the oil cartel failed to provide a quota (output goal) in last week’s statement, the claim has been given new...

rockefeller-fund-oil-stephen-heintz-618-dw-marketexpress-in

Rockefeller Fund: ‘The oil age is coming to an end’

Stephen Heintz, president of the Rockefeller Brothers Fund, explains to DW how it makes perfect sense that a fund which got rich on oil is now divesting from fossil fuels. With its announcement to pull...

us-oil-gas-marketexpress-in

Giant Sucking Sound of Capital Destruction in US Oil & Gas

Chesapeake Energy is a good example. The second largest natural gas producer in the US, after Exxon, reported its debacle yesterday. Revenues plunged 49% from the quarter a year ago, when the oil bust had...

China-Shanghai-Containerized-Freight-index-price-war-shipping-MarketExpress-in

Top carriers wage price war to form global shipping oligopoly

This is what two unnamed container shipping executives, one from an Asian carrier, the other from a European carrier, told the Wall Street Journal about the containerized-freight fiasco on the China-Europe route: “We are now...