Ellen Wald

Oil markets plummeted last Friday, pressured by pandemic headlines out of South Africa. Local doctors in Botswana announced late last week they'd detected a new coronavirus strain—dubbed the...

On Tuesday, Nov. 23, the Biden administration finally announced its much-discussed plans to release crude oil from the United States’ Strategic Petroleum Reserve (SPR). The release is planned in...

There is a growing divide between the oil market forecasts coming from financial institutions and those coming from organizations and agencies involved in assessing the industry. OPEC, the IEA, and...

The latest data from the Bureau of Labor Statistics in the U.S. showed that gasoline prices increased by 6.1% from September to October and are up by nearly 50% year-to-date. The Biden administration...

Other than the COP26 Climate Summit in Glasgow, two additional, big events are dominating the oil market this week. First, OPEC and OPEC+ have scheduled meetings for today (Thursday, Nov. 4) to...

Leaders from countries around the world will be gathering in Scotland for almost two weeks starting on Sunday, Oct. 31, for the UN Climate Change Conference, more colloquially referred to as COP26, to...

For over six years now, my weekly Investing.com column—over 300 and counting—has provided readers with analyses on what's moving oil markets. Today's piece is a bit of a departure. I...

Why is WTI and American crude oil suddenly priced so high? Prices were below $63 less than two months ago and this week WTI surpassed $80 per barrel, reaching its highest level since 2014 when the...

OPEC+ met virtually on Monday, in a brief session that saw its members decide not to make any changes to their output plans for the month of November. This despite the spike in oil and gas prices...

With oil prices at four-year highs and natural gas prices soaring in Europe and Asia, one key question is why has the American fracking industry failed to respond to higher prices by significantly...