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Oil Oversupply Fears Return

Oil Oversupply Fears Return

Oil prices slipped once again…

Energy / Crude Oil

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$25 Trillion Investment Needed To Meet Future Oil Demand

Jan 17, 2017 at 17:15 | Tsvetana Paraskova

The world needs to invest US$25 trillion in new oil-producing capacity over the next 25 years to meet growing demand, Saudi Aramco’s chief executive Amin Nasser said at the World…

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Declining Chinese Oil Production Could Help Boost Oil Prices

Jan 17, 2017 at 17:07 | Nick Cunningham

While all eyes are on OPEC to see whether or not they will follow through on production cuts, there is another major source of oil supply that will have a…

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China Leads Unprecedented Drop In Asian Crude Production

Jan 17, 2017 at 09:48 | Irina Slav

Crude oil production in the Asia-Pacific is falling at a unique rate, according to a report from Wood Mackenzie, with China accounting for about half of the decline, Wood…

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The Rebound Is Here: Megaprojects Back On The Table

Jan 16, 2017 at 15:10 | Precise Consultants

Hey 2017 – get you. Straight out of the box and it’s delivered some prestantious news, in the form of a Wood Mackenzie report. We don’t know how you feel,…

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Oil Could Rise Further On Stronger Asian Crude Demand

Jan 16, 2017 at 11:44 | Matt Smith

With markets closed today to witness Martin Luther King Jr. Day, prices are not surprisingly rather subdued amid quiet electronic trading. Nonetheless, fun and games will ramp up from tomorrow,…

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2017 Another Year Of Excessive Volatility For Oil Prices

Jan 16, 2017 at 10:56 | Irina Slav

This year will see further volatility in oil prices despite international efforts to restore the market to balance and improve prices more consistently. This push may, however, rebalance the market…

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Leaner And Meaner: Oil Majors Capitalize On Higher Crude Prices

Jan 13, 2017 at 16:15 | Tsvetana Paraskova

The recent recovery of oil prices couldn’t have come at a better time for the world’s top oil majors that have ridden the rough oil price crash with huge investment…

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These Downstream Companies Are Poised For Gains This Year

Jan 13, 2017 at 15:43 | Dan Dicker

Watching the Rex Tillerson confirmation hearings, I’m wondering how his move as the head of the State department, should he be confirmed, would impact oil and gas stocks. There’s a…

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OPEC: 50% Compliance To Output Deal Is ‘Enough’

Jan 13, 2017 at 10:36 | Tsvetana Paraskova

Just two weeks into the OPEC supply-cut deal and a day after Saudi Arabia signaled that it had cut more than pledged, the cartel itself does not see more than…

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New Data Points To Rebound In Offshore Oil

Jan 13, 2017 at 09:42 | Dave Forest

Here’s one of the most important charts we might see in oil and gas this year. New this week from industry watchdog Wood Mackenzie — showing how many offshore…

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