In late 2014, Saudi Arabia, and therefore OPEC, opted to maintain and even increase crude production levels in order to defend…

At the time of this writing in early April, a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and…

Many oil market observers are wondering if the current price slide of almost two years has reached a bottom or is close to doing…

It’s well known that in response to the U.S. shale oil boom, OPEC (more specifically, Saudi Arabia) opted to eschew production…

Residential heating oil prices on the East Coast averaged 78.5 cents weaker than the same time last year, at $2.187 per gallon…

Two primary factors that have been moving the oil markets over the last year and a half are global oversupply and declining U.S.…