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Oil News from Oil-price.net

• Is Volatility in Oil Price on the Way, Again ?
  Experts say that you shouldn't look at your pension investments too often as you might make unwise decisions. I don't follow this advice. The reason that I'm drawn to tending my pension spreadsheet weekly, if not daily, is two-fold. First, I'm told by professionals who read the tea leaves on this sort of thing that […]
• 5 Oil Price Predictions for 2018
  It is the time of the year again for our highly anticipated oil price related predictions for 2018. As our millions of faithful readers are aware, we have a rather impressive track record -from predicting the formation of ISIS to the crash of oil prices; from presenting Trump's potential oil policies to the forecast of […]
• Stable oil prices herald sea change for Strategic Petroleum Reserve
  Strategic Petroleum Reserve (SPR) is a repository of crude oil for emergency purposes built primarily in countries dependent on oil imports. Stored in four deep underground salt caverns along Texas and Louisiana Gulf coasts, SPR in the US is the world's largest. Its intended purpose is to cushion against sudden shocks in the oil market. […]
• Impact of Hurricanes on oil prices
  Harvey, making landfall as a Category 4 hurricane, battered southeast Texas a few days ago. Though downgraded to a tropical storm later on, it left a trail of massive destruction including loss of lives, in its wake. With many parts receiving more than fifty inches of rain, Houston, the fourth largest city in the US, […]
• Thank finance for sharp oil price decline
  Already, crude oil prices are down by well more than 18% compared to early 2017. Oil production has risen in countries like Libya and Nigeria. Quite naturally, with above 'target' production in Saudi Arabia too, oil supply rose by 720,000 barrels a day across the world including 340,000 barrels a day in OPEC countries this […]