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Get Ready For $80 Oil

Get Ready For $80 Oil

Raymond James & Associates has…

Energy / Crude Oil

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Oil Supply Disruptions Highest In Five Years

Jun 10, 2016 at 17:14 | Nick Cunningham

The disruptions in global oil supplies are at their highest level since 2011. That comes from an updated assessment from the EIA, which shows total disruptions in…

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Expert Commentary: Volatility Vanishes In The Oil Markets

Jun 10, 2016 at 16:28 | SCS OTC Corp

• WTI submitted a new YTD high of $51.67 this week, albeit in exceptionally boring fashion. In the ten trading days ending June 6th WTI traded in a…

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Looking Inside The Mind Of An Oil Giant

Jun 09, 2016 at 10:40 | Dave Forest

The world’s second-largest petro-major gave us a rare look inside its corporate head this week. With top management pulling back the veil on which global oil and gas plays they…

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U.S. Shale Hurting: Largest Monthly Drop In More Than A Year

Jun 08, 2016 at 16:15 | Arthur Berman

U.S. crude oil production fell 150,000 barrels per day in May and the global over-supply of liquids was 680,000 barrels per day. The EIA Short-Term Energy Outlook (

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Niger Delta Avengers Reject Talks; Blow Up Another Chevron Well

Jun 08, 2016 at 13:42 | Charles Kennedy

The Niger Delta Avengers (NDA) strike again. The Nigerian government said that it would scale back its military campaign against the Avengers and push for negotiations after…

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Oil Holds Steady As EIA Confirms 3.2M Barrel Draw

Jun 08, 2016 at 10:46 | Lincoln Brown

Official data released early on Wednesday confirms expectations of a U.S. crude oil inventory draw, with the Energy Information Administration (EIA) showing inventories down by over 3.2 million…

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Iranian Oil Exports Soar As Shipping Companies Return To Iran

Jun 08, 2016 at 10:41 | ZeroHedge

Back in mid-April, when Iran was desperate to start exporting the millions of barrels it was pumping each day out of the ground, it found it had…

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China Hikes Domestic Oil Prices on Crude Rebound

Jun 08, 2016 at 09:28 | Lincoln Brown

China announced on Wednesday that it will raise the price of retail oil in reaction to global markets, with the National Development Reform Commission (NDRC) saying that the…

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Russian Lukoil Loses 50% of Profits in Oil Price Crunch

Jun 07, 2016 at 15:58 | Zainab Calcuttawala

Lukoil, Russia’s largest private oil firm, announced on Monday a deep drop in profits in the first quarter of 2016 due to the new round of oil…

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Irish Oil And Gas Licensing Round Dominated By Juniors

Jun 07, 2016 at 10:24 | Dave Forest

I wrote over the weekend about how an unfolding offshore licensing round in Cyprus could be a great opportunity for junior firms. And the past few days,…

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