MarketWatchGunvor: no rebound to $100 oil, contango to deepenReutersAMSTERDAM Jan 22 (Reuters) - Oil trader Gunvor's head of analysis said on Thursday crude was unlikely to return to $100 a barrel in the foreseeable future, but prices were expected to be volatile as traders sought to move oil into storage during the ...Opinion: You can still cash in on the collapse in crude oilMiddle East Oil Producers Could See $300 Billion Export LossIs it time to get back into oil? ...

Saudi Arabia's new king is expected to stick to an OPEC policy of keeping oil output steady to protect the cartel's market share from rival producers, even as energy markets face some of the biggest shifts in decades.

ReutersOil jumps after Saudi king's death amid huge market shiftsReutersSINGAPORE (Reuters) - Oil prices jumped in early Asian trading on Friday as news of the death of Saudi Arabia's King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades. Abdullah died early on Friday and ...Saudi king's death will impact the price of oil, but by how much?What now for oil after Saudi king's death?Oil Rises After Death of Saudi King, but Effect...

The 7-month-old plunge in oil prices will force Moscow to cut its budget for 2015 by 10 percent, perhaps even 15 percent, a senior Russian government official told a panel discussion at the World Economic Forum in Davos Switzerland. Russia, the world’s largest producer of crude, traditionally has relied heavily on oil revenues to run its government, but Deputy Prime Minister Arkady Dvorkovich said Jan. 21 that it is easing that reliance by tapping its currency reserves to make up...

Japanese novelist Haruki Murakami was so consumed by running he combined two of his loves to write a book called ‘What I Talk About When I Talk About Running‘. Although an odd concept, it’s actually quite a compelling read. Not only did I think this title was really great (although paraphrased from Raymond Carver), but it also reminded me of my own rather obsessive compulsions. So here are some of the things that I currently think about when I think...

BloombergOil Surges in New York After Saudi Arabia's King Abdullah DiesBloomberg“The market is reacting bullishly to this news because it may usher in a period of uncertainty as far as Saudi policies going forward as new leadership takes over,” said Andy Lipow, the president of Lipow Oil Associates LLC, an energy consultant in ...What now for oil after Saudi king's death?Oil Prices Spike on News of King Abdullah's DeathOil rises after death of Saudi king, but effect seen muted

Much of the downward spiral in crude oil prices results from the maneuverings of Saudi Arabia, points out analyst Faraz Shams.

King of Saudi Arabia dead at 90

Published - Jan 23, 2015

A Saudi state TV reporter confirmed the news.

Gunvor's head of analysis says crude was unlikely to return to $100 a barrel in the foreseeable future.

MarketWatchOPEC's El-Badri: Oil will rebound, and it's not going to $20-a-barrelMarketWatchSince then, it's been an endless string of comments from cartel members and non-members, as the market seems to slowly adjust to $50 oil-prices and investment banks ratchet down forecasts. Iran's oil minister Bijan Namdar Zanganeh said recently that ...OPEC, oil companies clash at Davos over price collapseOPEC's El-Badri Says Oil Will Rebound Instead of Fall to $20BP boss Bob Dudley: Oil prices 'low for up to 3 years' - ...

Inventories rose 10.1 million barrels in the week ended Jan. 16, the biggest gain since March 2001, according to the Energy Information Administration.

CNBCOil turns negative after Draghi announces QECNBCBenchmark oil contracts turned negative on Thursday after European Central Bank President Mario Draghi announced the bank would begin buying $60 billion in securities a month in March as part of a quantitative easing program. Earlier, Brent crude oil ...Oil Falls as ECB Announces Asset PurchasesOil futures slump ahead of ECB decision, U.S. supply dataOil Prices Gain Ahead of Inventory Data, ECB Meeting - -