Oilholics Synonymous Report

The 169th OPEC ministers meeting has concluded in Vienna, Austria with the producers' collective yet again failing to reveal its ...

The ongoing Kuwaiti oil strike has cut the country’s output for a fourth successive session, US inventory data overnight was price suppor...

Oil markets are likely to face further bouts of volatility. When Saudi Arabia and Russia, together with Venezuela and Qatar, offered the ...

Successive bouts of over 10% week-on-week/five-day price declines have hit the oil market for six and made for a wretched start to 2016. ...

Before the year is out, we’ve got parity yet again between both benchmarks. Right at the start of the year, the West Texas Intermediate bri...

It has taken 40 years but US politicians finally found the timing, inclination and effort required to get rid of a legislative relic dati...

The Oilholic is still gathering thoughts on a most unusual conclusion to the OPEC meeting here in Vienna, with the formal communiqué iss...

Following two successive week-on-week declines of 6% or over, last Friday’s close brought some respite for Brent oil futures , although t...

It’s definitely a moment worth recording and the Oilholic was rather glad he was awake earlier today when it happened. For at one point in ...

Both crude oil benchmarks are more or less staying within their ranges seen in recent weeks. That would be US$80-85 per barrel for Bre...

Recent correction in the price of crude oil should come as no surprise. The Brent front month futures contract fell to a 26-month low las...

As crude year 2013 came to a close, the Oilholic found himself in Rotterdam gazing at the Cascade sculpture made by Atelier Van Lieshout , ...

The 24-7 world of oil futures trading saw Brent and WTI benchmarks draw level this weekend. In fact, the latter even traded at a premium ...

The fickle crude oil market is yet again giving an indication about how divorced it is from macroeconomic fundamentals and why a concoction...