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Does OPEC Have An Exit Strategy?

Does OPEC Have An Exit Strategy?

Oil bulls with hopes of…

Guyana Oil: From Rags To Riches

Guyana Oil: From Rags To Riches

After oil exploration discoveries pegging…

U.S. Shale In No Hurry To Hedge, Bet On Higher Oil Prices

U.S. Shale In No Hurry To Hedge, Bet On Higher Oil Prices

U.S. shale has significantly reduced…

Energy

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Has Big Oil Regained Its Pre-Crash Position?

May 29, 2017 at 14:22 | Tsvetana Paraskova

The oil price crash battered the 2016 earnings of energy firms, but the usual suspects are still there in the rankings of the biggest oil and gas companies this year.…

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How Much Will Inventories Shrink As OPEC Extends Cuts?

May 29, 2017 at 13:44 | Stuart Parnell

Well, if it’s the end of May, it must be time for another OPEC meeting. And sure enough it was. Yet again, the representatives of the OPEC nations got together…

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Russian Energy Minister: Oil Markets To Rebalance In Q3 2017

May 29, 2017 at 13:27 | Oil & Gas 360

Russia’s Novak suggests Russia has more room for deeper cuts Crude oil prices fell more than 5 percent Thursday after OPEC extended a production cut deal which had originally help…

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Is Goldman Sachs Playing With Fire In Venezuela?

May 29, 2017 at 12:01 | Tsvetana Paraskova

Goldman Sachs bought last week around US$2.8 billion bonds issued by Venezuela’s embattled state oil firm PDVSA, betting that a change in the Venezuelan regime could more than double the…

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Iran Signs Oil For Goods Deal With Russia: Breaks Free Of Petrodollar

May 29, 2017 at 09:50 | ZeroHedge

Iran signed an agreement with Russia under which it has broken free from the petrodollar, and will "sell", or rather barter crude oil to Russia in exchange for products. The…

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The OPEC Elixir Wasn’t Potent Enough

May 26, 2017 at 17:14 | Martin Tillier

Those new to financial markets, and energy trading in particular, were probably somewhat puzzled by the price action in oil futures this week following the announcement by OPEC and some…

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Not OPEC, China Dictates The Oil Prices

May 26, 2017 at 17:09 | Nick Cunningham

The OPEC deal will lead to an ongoing tightening of the crude oil market, putting a floor beneath crude prices in the $50s per barrel in the second half of…

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Vienna Was A Bust: What’s Next For OPEC?

May 26, 2017 at 17:04 | Gregory Brew

At its conference in Vienna, OPEC announced a nine-month extension of its November 2016 deal to cut production. Markets were singularly unimpressed with the decision, which had been baked into…

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Is China Liberalizing Its Oil And Gas Industry At The Right Time?

May 26, 2017 at 17:02 | Zainab Calcuttawala

Foreign oil companies will soon be able to invest in China’s upstream sector through joint ventures with the country’s three major fossil fuel companies, according to a new manifesto by…

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Does OPEC Have An Exit Strategy?

May 26, 2017 at 17:02 | ZeroHedge

Oil bulls were unhappy with yesterday's OPEC announcement, which disappointed by adding nothing to the 9 month supply cut extension announcement which had already been leaked and largely priced in…

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