Oil prices, facing a 3 billion barrel oil and refined product glut, are set to make new lows for the year.
Energy OverView November 18, 2015
Terrorism strikes in Paris and Beirut undermine market stability, but the economic rebound in the US is undeterred as is the Fed in its march toward a rate hike in December.
Energy OverView November 11, 2015
Lackluster China economic data seen hitting oil prices and generating another leg lower.
Energy OverView September 7, 2011
Oil has been supported in the European session, posting a high of 87.42 before retreating. October futures slumped to as low as 83.2 yesterday but then staged a rebound and ended the day at 86.02. Sentiment has improved somewhat on rumors that the Chinese government…