Wow. Turns out that in 2008 (into the mega rally time period) someone may have been “squeezing” oil after all. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Amrita Sen, oil analyst at Barclays Capital, answers your questions.
In this second of two posts, she discusses drilling in the US, national oil subsidies and growing demand from the Middle East. Read more

Kiran Stacey

Firstly, an apology. We are still not ready to publish the Q&A session with Josh Fox. I will publish an update with a full explanation tomorrow (Tuesday), but for now, thanks for your patience.
While we wait for Josh’s answers, please start sending in your questions for Terry Duffy and Craig Donohue, the chairman and CEO of CME Group, respectively. Read more

Speculation about the potential closure of the Suez canal is mounting on Friday, probably the reason that WTI prices are heading higher. Read more

Concerns are mounting that $100 oil prices, if hit, could be enough to dislodge the precarious global recovery — thrusting the world economy back into recession, or even worse, into another global financial crisis.
But while that is certainly a legitimate worry, there may actually be another equally pressing one rearing its ugly head too. Read more