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Pro: U.S. Shale will see more bankruptcies this year
27th May
  • Oil prices rebounded sharply to north of $30 from negative territory.
  • Sub-zero oil prices implied oil has no where to go but up, according to one pro.
  • But oil prices are still shy of what is needed to sustain U.S. shale players.

Features & analysis

Latest Energy news

28th April
British Petroleum’s first-quarter net profit slumps 67% on low oil prices
27th April
British Petroleum amends its £4.5 billion Alaska agreement following a crash in oil prices
21st April
For the first time in 67 years, U.S. energy exports in 2019 topped imports
21st April
Crude oil price (June contracts) down 22% on the day as historic selloff continues
20th April
Crude oil price now down nearly 50% on the day, hits 34-year low
20th April
Crude oil price down 27% today, can it reach $10 this month?
19th April
Analysis: Crude oil price hits lowest levels since 2001 as supply overwhelms demand
13th April
Much-vaunted output cut of crude oil by OPEC+ is a damp squib
9th April
Crude oil price whips around in anticipation of OPEC – Russia meeting
4th April
Crude Oil Price Jumps 50% As Putin Says Oil Production Cuts Possible
2nd April
Canadian dollar rises as crude oil prices makes a comeback
1st April
Crude oil: Fears of negative prices, and the first major shale bankruptcy
1st April
Global oil majors resort to cost-cutting as oil prices slip under £20 a barrel
30th March
US crude oil plumbs 2002 lows in dual shock
30th March
Crude Oil Price Dips Below $20, Oil Guru Says the Worst is Yet to Come
29th March
Russian Oil Giant Rosneft Exits Venezuela Operations As Stock Price Struggles to Recover
29th March
Sovereign Wealth Funds From Oil-Rich Countries Are Dumping Stocks Big Time
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