Oil Prices

Latest 2016 Oil Prices Analysis by Experts

The price of oil is usually measured on a per-barrel basis. The price also can be quoted as the spot price, which is the price of buying a barrel at the current moment, or as the futures price, which is the cost of buying a barrel of oil in future months. Two main contracts traded are West Texas Intermediate (WTI) and Brent Crude. WTI oil is light sweet oil and very well suited for gasoline. Brent Crude is a blend of oil from the North Sea. Futures prices are quoted in increments of 1,000 barrels of oil for every one contract.


Saudi Arabia announced that it intends to wean itself off oil by selling a sliver of Saudi Arabian Oil Company (Aramco) and transforming the world’s largest company into an industrial conglomerate/juggernaut. But will investors even want to invest in a…

You would not know it from the mainstream media rhetoric, but the White House and the Kremlin agree that the collapse of the Syrian Arab Republic (al-Assad’s government) would plunge the whole region, including Israel, into chaos. And it’s the…

As we suggested a few weeks ago, an international agreement over Syria would help boost oil prices. This is an early effect of the agreement that U.S. Secretary of State John Kerry, his Russian counterpart Sergei Lavrov, and representatives from…

Iran no longer has sanctions restraining its oil production and it is free to do business with Western countries. Iran also has the freedom to impose its conditions. Given that Europe has become its biggest trading partner, it comes as…

Get Ready for $50 Oil Prices: Analyst Could the slump in oil prices finally be over? The answer is yes, if you ask analysts at major financial institutions. In fact, they are saying oil prices could surge 50% by the…

We’re getting close and closer to a bottom in oil prices. The price of crude oil is in a free-fall, trading at just over $33.00 per barrel during the last week of January. Most analysts have given up, calling for…

With oil prices still down more than 40% since last June and the Organization for Economic Co-operation and Development (OECD) downgrading global growth forecasts, many are wondering where oil prices will be in 2016. While predictions for oil at $20.00…

Will This Spell the End of OPEC? The International Monetary Fund (IMF) fears that the increased oil supply resulting from the lifting of sanctions on Iran could put pressure on global oil prices, lowering these by anywhere from $5.00 to…

Has the Price of Oil Reached the Bottom of the Barrel Yet? Analysts’ opinions have not been unanimous on the matter, but the evidence suggests that oil prices will get lower before they reverse the bearish trend, according to the…

Oil Price Forecast: WTI Could Fall to $20 Global oil prices continue to defy all rationalization, as predictions fall flat on their face and both West Texas Intermediate (WTI) and Brent are displaying extreme volatility. Crude oil is now at…