We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy.

Do not show again
DOW JONES, A NEWS CORP COMPANY
News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services.
DOW JONES
NEWS CORP
Nikkei ▲
17046.19 -0.13%
  Hang Seng ▲
20629.39 0.26%
  U.S. 10 Yr ▲
-3/32 yield 1.862%
  Crude Oil ▲
49.54 0.43%
  Yen ▲
110.86 -0.24%
  DJIA ▲
17873.22 0.25%
 
Sections
Aim higher, reach further.
Get the Wall Street Journal $12 for 12 weeks. Subscribe Now
Subscribe Sign In
Nuns With Guns: The Strange Day-to-Day Struggles Between Bankers and Regulators
Nuns With Guns: The Strange Day-to-Day Struggles Between Bankers and Regulators
When Bigger Isn’t Better: Banks Retreat From Global Ambitions
When Bigger Isn’t Better: Banks Retreat From Global Ambitions
Former Zurich Insurance CEO Martin Senn Commits Suicide
Former Zurich Insurance CEO Martin Senn Commits Suicide
‘Teapot’ Refineries Shore Up China’s Demand for Crude
‘Teapot’ Refineries Shore Up China’s Demand for Crude
Bangladesh Panel Hints at Possible Insider Role in Central Bank Theft
Bangladesh Panel Hints at Possible Insider Role in Central Bank Theft
Noble Group Chief Executive Alireza Resigns
Noble Group Chief Executive Alireza Resigns
Fidelity Marked Up Private Tech Shares in April
Fidelity Marked Up Private Tech Shares in April
What Would the Market Look Like Without Central-Bank Meddling?
Streetwise
What Would the Market Look Like Without Central-Bank Meddling?
Questions About New Saudi Energy Minister Likely to Dominate OPEC Meeting
Questions About New Saudi Energy Minister Likely to Dominate OPEC Meeting
Forecast for Workday’s Stock: Cloudy
Ahead of the Tape
Forecast for Workday’s Stock: Cloudy
China Buying Sparks Bitcoin Surge
OFF THE CHARTS
China Buying Sparks Bitcoin Surge
Fueling Oil’s Push to $50: Fear Is Back
Abreast of the Market
Fueling Oil’s Push to $50: Fear Is Back
Economic Scars Help Explain Bizarre 2016 Race
Economic Scars Help Explain Bizarre 2016 Race

Fueling Oil’s Push to $50: Fear Is Back

Production outages are highest in a decade; with spare capacity shrinking, that has traders bidding up prices on bad news

By

Oil-supply outages are at their highest level in more than a decade, bolstering the “fear premium” that has helped push crude prices to $50 a barrel.

About 3.5 million barrels a day worth of production is off line because of disruptions such as militant attacks in Nigeria, wildfires in Canada and political unrest in Libya—more than 3% of the global total, says research firm ClearView Energy Partners LLC. That is likely the highest...

Popular on WSJ

Editors’ Picks