There’s no doubt oil prices have dropped a long way in recent months. Of course, that begs the question of whether oil prices are near their bottom and worth buying from a medium or long-term investment perspective. Although picking exact market bottoms is fraught with difficulty, from an historical perspective... Show More
The declines in the cost of crude oil since May have revived concerns about global growth and deflation risks. However, the falls mainly reflect positive supply-side developments and are also small compared to those that have gone before. The impacts on activity and inflation are therefore unlikely to be a... Show More
Why oil prices will stay low, and what that means for markets (VIDEO) Saxo Bank Head of Commodity Strategy Ole Hansen believes we will see production slow in the second half of the year, but questions whether this will see prices rise at all. Even though the number of oil... Show More
Michael Knox, Chief Economist at Morgans, says that there are seasonal and cyclical forces driving oil prices higher in 2014. We do not think that oil is going up only for seasonal reasons. We think oil is going up because the growth of developed economies will proceed at the fastest... Show More