Energy Overview — TotalView™ of the Energy Markets
IEA speech at Houston conference gives oil market some hope for better (or at least more balanced) days ahead.
Oil market looks ahead to key speeches by OPEC president and Saudi Arabia’s Ali Al Naimi in Houston. Get set for more volatility.
Weekly inventory report shows builds across-the-board, pushing overall petroleum inventories in the U.S. to a new record high. Imports of crude oil rebounded strongly from last week.
Iran accepts deal on to freezing production, but it is unclear that they themselves will freeze output levels, saying that such a proposition is “illogical.”
WTI oil prices continue to rally on hopes for a “freeze deal” on production between all of OPEC and Russia.
China gets back to work from Lunar New Year celebrations and saves the day for global markets by allowing the yuan to rise versus the U.S. dollar.
WTI crude oil prices hit new multi-year low and reverse hard on statement from OPEC member of output production cut plan with Russia.
Market volatility continues, as yen strengthens in defiance of Bank of Japan negative interest rate plan.
Oil prices rally on renewed hopes for a production deal among Russia and OPEC members.
Global markets remain volatile ahead of Janet Yellen’s key testimony tomorrow.