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Are The Survivors Of The Offshore Bust A Buy?

Are The Survivors Of The Offshore Bust A Buy?

While independent U.S. oil producers…

PetroChina Mulls $85 Billion Spinoff

PetroChina Mulls $85 Billion Spinoff

State owned oil company PetroChina…

Energy / Crude Oil

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Panic In Vienna: OPEC Needs To Bring Down Costs To Compete With U.S. Shale

Mar 01, 2017 at 11:49 | Irina Slav

Nigeria’s Oil Minister Emmanuel Ibe Kachikwu said that OPEC producers need to lower their production costs if they want to be able to compete effectively with U.S. shale boomers,…

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Oil Prices Inch Higher On Small Crude Build, Gasoline Draw

Mar 01, 2017 at 09:48 | Irina Slav

The Energy Information Administration reported a build of 1.5 million barrels in U.S. commercial crude oil stockpiles for the week to February 24, continuing a seven-week streak of increases…

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OPEC Deal Cancelled Out By Rising Shale Output

Feb 28, 2017 at 16:08 | Nick Cunningham

U.S. oil production continues to rise, threatening to offset much of the output reductions from OPEC, and yet again pushing out the time horizon for the oil market balancing. There…

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The Next Big Step In Unconventional Oil Is Here

Feb 27, 2017 at 15:09 | Tsvetana Paraskova

The pressure to cut costs and optimize resources amid the oil price slump has made exploration and production companies analyze more carefully the potential of the shale assets they consider…

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Energy Minister Novak: Russia Cuts More Oil Output In February

Feb 27, 2017 at 12:25 | Tsvetana Paraskova

Russia’s oil production in February will be lower than the January output, with Moscow cutting more than the 117,000 bpd cut it made last month, Russia’s Energy Minister Alexander Novak…

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Angola Boasts 16-Month High In Oil Revenues

Feb 27, 2017 at 10:34 | Irina Slav

Angola reported US$950 million in crude oil export revenues for January, the highest in 16 months, data from the country’s Finance Ministry showed. Africa’s top producer exported some 52.25…

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Expert Commentary: Inventory Draws Should Tighten Oil Markets Soon

Feb 24, 2017 at 15:58 | SCS OTC Corp

- Oil traders saw more of the same this week with range bound flat price, strong brent and WTI spreads, weak gasoline spreads and option implied volatility at multi year…

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U.S. Oil Rig Count Rises – Up 125 Since OPEC Deal

Feb 24, 2017 at 12:26 | Julianne Geiger

The number of active oil and gas rigs in the United States increased again, although modestly, on Friday by 3. Both benchmarks were trading down earlier on Friday despite reports…

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4.7 Billion Barrels Just Evaporated In This World Class Oil Play

Feb 24, 2017 at 09:36 | Dave Forest

It’s reserves reporting season in the oil and gas business. And one of the world’s biggest plays saw some major casualties this week as new numbers hit the street. The…

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Why Oil Demand Forecasts Have Become A Guessing Game

Feb 23, 2017 at 15:04 | Peter Tertzakian

Get yourself a ruler, a pencil and a piece of paper. Place the ruler at about 45 degrees and draw a line upward across the page. That’s what a chart…

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