Basix Hedge News - oil prices


Oil prices pull back after Britain rejects Syria attack

Brent slid below $115 a barrel today as fears over supply disruptions in the Middle East eased, but it's still on track for the biggest...

Brent crude touches US$110 on Libyan oil export worries

Brent crude oil rose towards US$110 per barrel on Tuesday after oil exports from Libya fell to their lowest for two years, heightening supply worries...

Billionaire prince questions Saudi energy policy amid shale threat

Prince Alwaleed bin Talal, the billionaire owner of stakes in Citigroup Inc. and Time Warner Inc., has written publicly to Saudi Arabian Oil Minister Ali...

5 key themes to watch in Canadian energy

To call the Canadian energy sector challenged would be an understatement, but here are some bright spots that could represent opportunities for investors

WTI rises above US$100 on drop in U.S. stockpiles and Egypt unrest

Crude oil advanced, with West Texas Intermediate surpassing US$100 a barrel for the first time in nine months

Canada heavy oil jumps $4 on rising refinery demand

Canadian heavy oil prices jumped on the spot market on speculation that the restart of refineries in the U.S. will reduce crude stockpiles and increase...

Oil price forecasts cut as market slumps

West Texas Intermediate should outperform European benchmark Brent after having underperformed it in the past years

Canadian energy stocks tumble as crude prices falter

Canadian Natural Resources Ltd. and other major Canadian oil sands stocks tumbled as crude prices collapsed on forecasts of lower demand. Canadian Natural Resources shed...

Fracking threatens OPEC as U.S. oil output hits 20-year high

A surge in U.S. oil production has pushed the country’s output to the highest level since 1992, threatening the dominance of the Organization of Petroleum...

Oil patch down, but not out

The weak performance of oil and natural gas stocks during the past two years presents a potential buying opportunity

Brent trades near one-month high on budget talks, terror arrests

Brent crude traded near the highest level in one month as U.S. lawmakers prepared to resume budget talks and the United Arab Emirates said it...

Brent’s third year over $100 looms on supply risk

Brent crude is poised to trade above $100 a barrel for a third consecutive year in 2013 as tension in the Middle East threatens to...

Brent poised to oust WTI as most-traded in oil

While the price of WTI will probably appreciate relative to Brent over the next 12 months, the contract itself has lost its relevance as a...

G7 keeping close watch on high oil prices, says it will ensure supply

Group of Seven finance ministers on Tuesday urged oil-producing countries to increase their output to meet demand

Peter Foster: Mega history lessons for the oil sands

The global economy may throw a few curve balls, just as it did in the 1980s I suggested recently in this space that the Canadian...

We’re near a bottom in the energy sector

Martin Pelletier: While this sector has been in one heck of a storm, it's important to remember that no matter the size of the storm,...

Seek quality oil stocks to resist price shock

Oil prices are expected to level off after suffering heavy losses over the past three months, but investors should still concentrate their efforts on quality...

Tumbling oil tests price floor assumptions

LONDON — Following recent falls, oil prices are much closer to the industry’s marginal cost, especially in North America, where light sweet crude futures are...

High oil prices to permanently stunt global growth: Rubin

Gone are the days of cheap oil — a reality that has yet to dawn on the world’s politicians and central bankers, says Jeff Rubin,...

Oil halts two-day advance on China growth slowdown, Naimi pledge

By Grant Smith Oil halted a two-day advance in New York after China’s economy grew at the slowest pace in 11 quarters and Saudi Arabia’s...