Tagged: oil

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Is Oil About to Collapse?

US producers simply don’t play along with OPEC and Russia. By Martin Tiller, Oil & Energy Insider: WTI really does look like it is about to collapse. Let’s be clear, I am not necessarily talking about...

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Conflicting Messages for Crude Oil

by Tom McClellan I like it best when all of my indicators agree, but I don’t get to enjoy that condition very often.  This week, I have conflicting signs for the future of crude oil....

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Crude Oil Pushing $60 a Barrel: More to Come?

Don’t rush to blame “cold weather” Those who blame “cold weather” for rising oil prices should remember that crude had no problem falling as low as $26 a barrel in Q1 2016…smack dab in...

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Shale Hedges Threaten Oil Rally

Surge in hedging puts downward pressure on the oil futures curve. By Nick Cunningham, Oilprice.com: The 20 percent increase in oil prices since September led to a wave of hedging by U.S. shale drillers eager...