Oil rises as dollar slips, focus shifts to economic data

Oil prices edged higher in early Asian trading on Tuesday, reversing losses from the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East. Read More

U.S. oil rise 1% to nearly $83 a barrel as slowing manufacturing raises interest rate cut hopes

The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports ... Read More

U.S. Oil Fund: Time To Take Profits (Rating Downgrade)

The bearish narrative of a US and global oil glut caused by excess US shale production growth has crumbled. The easy money has been made in USO and it's time ... in the supply/demand balance ... Read More

Where To Buy CBD Oil, According To Experts

Here’s what you need to know about CBD oil quality ... 21% of U.S. adults think CBD should still be deemed illegal and 19% remain on the fence with this issue, according to a recent Forbes ... Read More

U.S. Oil Is Stealing Market Share from OPEC+

From Europe to Asia, buyers are purchasing more U.S. crude ... to withhold supply to restore “market stability,” or in other words, to prop up crude oil prices. “US production is going ... Read More

Oil Settles Lower as Markets Weigh Russian Supply Woes

Meanwhile, a slightly weaker U.S. dollar offered some support to oil prices. A weaker dollar typically makes oil cheaper for oil buyers holding other currencies. OPEC+ is unlikely to make any oil ... Read More

U.S. Oil Production Is A Lot Uglier Than You Think

A month ago, we wrote an article titled, "U.S. Oil Production Report Out With Far More Questions ... The adjustment came in at -43k b/d. Total crude supply was 12.976 million b/d. Read More

Oil prices end lower, with weekly U.S. crude supply up over 3 million barrels

Oil futures declined on Wednesday but settled off the session’s lows after official U.S. data ... instability still with us in the Middle East, along with the extension of supply cuts by OPEC ... Read More

U.S. Oil Exports Hit a New Record High in 2023

3 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers) The US ... the U.S. has emerged as a significant contributor to international oil supply ... Read More

U.S. Oil Is Stealing Market Share from OPEC+

Surging U.S. oil production and ... OPEC+ continues to withhold supply to restore “market stability,” or in other words, to prop up crude oil prices. “US production is going up and OPEC ... Read More