US Inventories

Southern US Damage By Storms Oil prices fell at the end of last week as severe weather disruptions in the US threaten to deepen the supply glut that has weighed on prices over the last few years. Hurricane’s Harvey and Irma have devastated…

Brent and WTI Crude oil have recovered most of their recent losses, turning positive on the year once again. The main reason behind the recovery is the latest announcement by Saudi Arabia, saying that they will propose to extend the…

Abdalla Salem El-Badri, Secretary General of OPEC. Since the beginning of the year, Crude Oil prices has been trading within a sideways trend. WTI is trading between $51 and $54, while Brent is stuck between $54 and $57, New with no clear…