Source: Reuters.com by: Alissa de Carbonnel; Image: Leonhard Foeger
World Bank is Optimistic About Oil Prices Expecting OPEC to Extend Cut in May.
Source: oilprice.com by Irina Slav
Oil Trades in Narrow Range for April. More of the Same Expected for May with Main Focus on May 25th OPEC Meeting.
Source: marketwatch.com by: Myra Saefong; Image: Bloomberg News
OPEC Secretary General says Committed to Achieving Balance in Oil Markets
OPEC-led Cuts Leading to Long-awaited Rebalancing of the Oil Market.
Iraq's Oil Minister Jabar Ali al-Luaibi talks to journalists during a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, November 30, 2016. Source: Reuters.com by Alex Lawler; Image: Heinz-Peter Bader
Short-term Forecasting Team Believes That The Reaction of The Market Last Week Was Overdone...
Oil Prices are Up, but Market Speculators Eye OPEC Official Decision on Extension of Production Cuts.
Source: marketwatch.com; By: Myra P. Saefong Image: Getty Images
Does a 5 rig increase in US rig count really justify hedge fund sell off? Goldman Sachs & market fundamentals say "Be Patient".
Source: oilprice.com by: Tom Kool
The market's price reactions, or lack thereof, can be attributed to news saturation as media's opinions on price direction abound...
Source: marketwatch.com; by: Myra P. Saefong; Image: Reuters
Market has jitters from "over-reporting"... Fundamentals are; crude inventories shrink, OPEC is expected to extend cuts.
Source: bloomberg.com ; by: Serene Cheong