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Who Is Winning The Market Share War In China?

Who Is Winning The Market Share War In China?

The OPEC production cut deal…

Energy / Crude Oil

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Goldman: U.S.-Iran Standoff Is A Long-Term Threat To Oil Supply

Oct 17, 2017 at 11:21 | Tsvetana Paraskova

While the Kurdistan-Iraq standoff is a risk to shorter-term oil production, the increased tensions between neighboring Iran and the U.S. are a longer-term and bigger threat to global oil…

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Is The Aramco IPO On The Brink Of Collapse?

Oct 16, 2017 at 17:13 | Nick Cunningham

In what could be a humiliating decision, Saudi Aramco is considering not staging an IPO next year as planned, due to the difficulty of pulling off an international listing.…

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Kuwaiti Minister: OPEC Deal Extension May Be Unnecessary

Oct 16, 2017 at 10:26 | Irina Slav

OPEC and its partners may not need to extend the November 2016 crude oil production cut agreement beyond its March 2018 deadline if everyone fully complies with their quotas, Kuwait’s…

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Who Are The Biggest Buyers Of U.S. Oil?

Oct 13, 2017 at 17:45 | Robert Rapier

This year the U.S. has averaged more than 900,000 barrels per day (BPD) of crude oil exports while continuing to import an average of 8.1 million BPD. In the previous article,…

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Canada’s Pipeline Industry Takes Another Hit

Oct 13, 2017 at 17:17 | Nick Cunningham

Another oil pipeline in Canada bites the dust. TransCanada announced last week that it would scrap its plans to build a 2,800-mile major pipeline that would traverse nearly the entire…

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Saudi Arabia Looks To Shelve Aramco IPO

Oct 13, 2017 at 13:04 | Julianne Geiger

Oil giant Saudi Aramco is thinking about reneging on its much talked about plans to publicly list a 5% stake in the company, Financial Times sources said on Friday.…

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Draw In Crude Inventories Lifts Oil Prices

Oct 12, 2017 at 10:22 | Irina Slav

EIA today reported a 2.8-million-barrel draw in U.S. crude oil inventories for the week to October 6, lifting market spirits further amid higher oil demand growth projections from OPEC…

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Is The War On Coal Really Over?

Oct 11, 2017 at 13:54 | Nick Cunningham

“The war against coal is over.” That was the claim from EPA chief Scott Pruitt ahead of his announcement that he would rewrite a signature climate change program from the…

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How OPEC Continues To Cheat On Its Own Deal

Oct 11, 2017 at 12:16 | Ron Patterson

All data below is based on the latest OPEC Monthly Oil Market Report.All data is through September 2017 and is in thousand barrels per day.…

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Rising OPEC Production Weighs On Oil Prices

Oct 11, 2017 at 09:36 | Irina Slav

After a brief respite in August, OPEC oil production rose once again in September, to 32.75 million bpd, up 88,500 bpd from the previous month, the cartel…

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