Crude Prices

As the world watched for a general decline in inflation, a potential 2023 economic surprise might be right around the corner: oil prices surpassing $100 a barrel. Fueled by supply constraints from major oil-producing nations such as Saudi Arabia and Russia, and coupled with an unexpected display of...

Following a tumultuous 2017, WTI crude oil circa 2018 has managed to do something it hadn’t done in three years: breach $70. This year even saw crude accomplish the arguably more difficult feat of remaining above the $60 for the better part of a year, something not seen since the commodity...

Gasoline crack spreads grew in Q2, driven by record gasoline demand and increased diesel demand. Citi’s Faisel Khan upgraded the rating on Tesoro Corporation (NYSE: TSO) from Neutral to Buy, while lowering the price target from $92.50 to $92.00, following the recent pullback in the stock....

After a couple of years of dismal performances, Russia exchange-traded funds are on the mend in 2016, thanks in large part to rebounding Brent crude prices. With the United States Brent Oil Fund, LP (NYSE: BNO) up more than 41 percent over the past 90 days, the Market Vectors Russia ETF Trust (...

Over the last six months, WTI crude oil prices declined from a peak of $107 to below $60 a barrel, or a decline of 44 percent. Many analysts, including the Energy Information Administration (EIA), are forecasting even lower prices, and more glaringly, for prices to stay at these levels for at...