Tag Archives: china

WTI well below $100/bbl level

Yesterday’s EIA oil inventory report added to the growing bearish view for WTI. The EIA reported another huge build in crude oil for the week ending October 11th (see below for more details)…. Continue reading

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Oil Prices Are Primed To Drop — Here’s Where The Smart Money’s Going

Remember the "super spike"? That phrase entered our vocabulary five years ago this month when crude oil prices suddenly surged to $120 a barrel. By July 2008, prices surged to $140 a barrel, … Continue reading

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RANsquawk – DAILY ENERGY COMMENTARY 16/04/13

WTI crude futures have recovered from overnight lows, underpinned by a weaker dollar and bargain hunting. This followed heavy selling over the last few days, which saw WTI fall to its lowest level since mid-December…. Continue reading

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U.S. Oil Boom Heralds Structural Shift for World Market

Exporters Must Adjust to a More Asia-Centric DemandDeclining U.S. crude imports have “potentially substantial” implications for international oil markets, and could herald a structural shift as the world’s biggest oil consumer over time becomes less dependent on… Continue reading

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