Tag: Crude Oil Futures

Commercialization, Conventional Fuels

3 Reasons Why Oil Prices Can Hit $5.00

April 15, 2020

Via: Forbes

Crude Oil futures just broke below their March 2020 lows and are plunging even after President Trump brokered a deal for OPEC to cut production. There’s a growing consensus that oil prices will be trading in the low single digits […]

Commercialization, Conventional Fuels

Oil Markets Yawn As Iran Sanctions Come Into Effect

November 6, 2018

Via: Forbes

A U.S. economic sledgehammer is falling on the Islamic Republic of Iran and global energy markets couldn’t care less – at least for now. Brent crude oil futures are up a meager $0.62 from their $72.61 open – bringing the […]

Commercialization, Conventional Fuels

Short Positions in U.S. Crude Oil Futures Held by Producers, Merchants at Nine-Year High

October 27, 2016

Via: Energy Collective

Short positions in West Texas Intermediate (WTI) crude oil futures contracts held by producers or merchants totaled more than 540,000 contracts as of October 11, 2016, the most since 2007, according to data from the U.S. Commodity Futures Trading Commission […]