Ellen Wald

It is unlikely that OPEC+ will decide to deviate from its existing oil production plans at today's meeting. Last month, it surprised the market by increasing production quotas by more than expected....

Gasoline prices in the United States have declined slightly in recent days, but they are still high enough that the Biden administration is getting desperate. The situation could be very damaging for...

President Biden plans to travel to Saudi Arabia in July. Everyone believes this visit is really about oil even though the White House insists the purpose will be to discuss security issues and...

News out of the United States seems to correlate with long-held predictions of impending peak oil demand. That is, the headlines lead some to believe that the criteria are right for a permanent fall...

The big news for oil markets this week is that the European Union agreed to a partial ban on Russian oil. Oil prices rose in response to the announcement—though they've since moved a bit...

It's not currently clear if the US is already in recession or if there will be a domestic or global recession going forward. But as talk of the possibility increases, traders need to be prepared for...

After last week's oil market price spikes, when on Mar. 8 WTI closed just above $123 and Brent climbed to almost $128, the first half of this week saw a major drop in prices. Both the crude oil and...

Oil prices—Brent and WTI—are well into the triple digits. That is clearly the biggest story of the week, but it’s important to put these high prices into the appropriate historical...

Russia's incursion into Ukraine, along with the triple-digit oil prices for both Brent and WTI the invasion helped trigger, have altered the energy landscape in just two weeks. Given the still...

As the crisis in Eastern Europe escalated this morning, with Russia invading Ukraine, the price of both Brent and WTI have moved toward $100, and will likely continue to push higher. Given the...