Despite early 2025 forecasts of oversupply, oil markets have remained tight, with inventories near five-year lows and demand proving stronger than expected. Standard Chartered expects global stock ...
WTI and Brent hit 6-week highs after President Trump extended his ceasefire ultimatum to Russia. A surprise 7.7-million-barrel build in U.S. crude stocks, far above API estimates, tempered the rally, ...
The current supply-demand situation for crude oil shows a market that is well supplied. So well supplied in fact, that oil prices have sunk below $60 per barrel. But this fact highlights a distinction ...
High-quality oil stocks like Schlumberger, Halliburton, and Devon Energy have seen significant declines but likely bottomed in early April. Oil prices are unlikely to stay depressed, with potential ...
The EIA's latest weekly petroleum status report showed that crude oil stocks, not including the SPR, stood at 424.2 million barrels on November 14. Image by nixki via iStock U.S. commercial crude oil ...
The Energy Select Sector SPDR Fund ETF (XLE) has sharply decoupled from oil prices, becoming extremely overvalued relative to the commodity. XLE's valuation has soared as sales and margins have ...