StanChart Finally Turns Bearish, Cuts Oil Price Forecast By $15/bbl
Last month, we reported that commodity analysts at Standard Chartered have been bucking the overwhelmingly bearish sentiment pervading…
Inside the Hidden Oil Glut
There is once again a great deal of noise regarding the oil glut. Some say it is the…
Are the Bears Wrong About the Looming Glut in Oil?
The oil market is oversupplied while demand growth is slowing down—this has become the dominant assumption among oil…
Wall Street Forecasts Oil in the $50s Next Year
The U.S. shale patch is trimming capital expenditure budgets to preserve cash amid the lower oil prices. American…
Oil glut, strong ruble and sanctions wipe billions off Russia’s oil giants
Russian oil companies saw their profits plunge in the first half of the year as weaker crude prices…