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Is Now The Time To Make Long Bets In The Oil Market?

Is Now The Time To Make Long Bets In The Oil Market?

While many analysts and traders…

Energy / Crude Oil

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U.S. Oil Production, Imports Rise Faster Than Expected

Apr 12, 2017 at 16:53 | Gregory Brew

The EIA’s short-term energy outlook, released on April 11, predicted increases in American energy production, along with an increase in imports. The agency’s forward predictions on the outlook of…

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U.S. Oil Assets Could Fall Into Russian Hands If Venezuela Defaults

Apr 12, 2017 at 15:01 | Nick Cunningham

If Venezuela defaults on its debt obligations, it could result in Russia taking control over U.S. refining assets, leading to more Russian “control over oil and gas prices worldwide,” which…

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Libyan Oil Production Falls Further As Wafa Field Goes Offline

Apr 11, 2017 at 10:48 | Irina Slav

Just a day after production at Libya’s largest oil field was suspended, the National Oil Corporation told local media that another field, Wafa, has also stopped producing. This…

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Iran’s Top Security Officials Could Kill Its Oil Future

Apr 10, 2017 at 09:59 | Dave Forest

A potential oil and gas opportunity emerged last week in Romania. When that country’s government liberalized pricing and exports for natural gas— which could see producers here getting better…

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Shale Hotspot Draws In Another Big Oil Player

Apr 07, 2017 at 17:39 | Tsvetana Paraskova

The oil price crash that destroyed a lot of smaller oil producers has not spared the finances of even the oldest and largest oil companies. Trying to keep the precious…

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Syria Airstrikes Remind Oil Markets Of Geopolitical Risk

Apr 07, 2017 at 16:47 | SCS OTC Corp

- In a 1999 episode of the iconic TV series The West Wing (yes, iconic) President Jed Bartlet was dealing with a crisis. The Syrian government had shot down a…

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OPEC Can’t Stop The Beat: U.S. Adds 10 Oil Rigs

Apr 07, 2017 at 12:32 | Julianne Geiger

The United States oil and gas rig count jumped by 15 this week, to its highest level since September 18, 2015, according to Baker Hughes’ latest report on domestic…

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Tanker Traffic Points At Much Tighter Oil Markets

Apr 04, 2017 at 17:47 | Nick Cunningham

Oil prices have rallied more than 6 percent since last week, which has largely been attributed to growing confidence in a six-month extension from OPEC combined with a…

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Are Mexico’s Oil Reserves Almost Depleted?

Apr 04, 2017 at 16:44 | Tsvetana Paraskova

Mexico’s oil and gas regulator said last week that the country’s proved hydrocarbon reserves will drop by 10.6 percent in 2017. This forecast, coupled with the lower oil production that…

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When Will Russia Run Out Of Oil?

Apr 04, 2017 at 10:57 | Viktor Katona

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered,…

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