Morgan Stanley remains pessimistic about…
Oil industry leaders are revising…
The future of hydrocarbons is becoming bleak if plans presented by international banks, representing around $47 trillion in value, will be fully implemented. Around 130 international banks,…
Oil prices have already pulled back from their surge following last weekend’s drone attacks on Saudi Arabia’s oil infrastructure. This has led some to say “See, it’s a big nothing-burger.”…
The U.S. shale boom was one of the reasons why oil prices didn’t soar to triple digits when more than half of the oil production of the world’s top oil…
Despite continued reports that Saudi Arabia would struggle to restore oil supply by the end of this month as it had promised and that repairs would likely take months rather…
Repairs at the Khurais field and the Abqaiq processing facility may take several months rather than the ten weeks tops that Aramco had initially estimated, the Wall Street Journal reports,…
The supply disruptions in the oil market may not be over, despite volatility and prices easing in the days after the Abqaiq attack. The repairs at the Abqaiq processing facility…
It sounds harsh, but it’s true: millennials really do ruin everything. And the oil industry will be no exception. From talent acquisition to courting investors, to finding new end uses…
“The global economy has become increasingly fragile and uncertain, with growth slowing and downside risks continuing to mount.” That warning came from the OECD on Thursday, which said that…
Money from New Mexico’s general fund would be used in a plan for providing local students with free college education regardless of their income level. The fund has recently…
Japan needs to find an alternative to nuclear energy, and it needs to do so in a hurry. The Japanese energy mix has been in a serious state of flux…
A Singapore-based subsidiary of Japanese trading giant Mitsubishi Corporation recently booked a $320 million loss after several unauthorized derivatives trades went sour, the company revealed in a Friday press release.…
Amazon’s Jeff Bezos is betting big on startup Rivian Automotive by placing the largest-ever electric vehicle purchase order in automotive history. The Michigan-based startup will be building and delivering…
Following the wildest week oil prices have seen in recent memory, markets are now on edge as the possibility of an Iran war increases
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are inching higher on Friday, but the markets remain in a tight range for a third session after posting a…
Friday September 20, 2019 1. Abqaiq attack and restoration scenarios- The oil market saw the largest supply disruption in its history last…
Politics, Geopolitics & Conflict - Yemen's Houthi rebels threatened to attack dozens of targets in the United Arab Emirates, including in the cities of Dubai and Abu Dhabi. The group…
The US oil and gas rig count fell again, decreasing by 18 for the week, according to Baker Hughes, but US oil companies are still pumping oil at record rates.…
It has been a busy week for oil traders, and indeed for anyone that follows energy markets and stocks. When news of a drone attack on Saudi oil facilities on…
Oil prices came back down to Earth over the course of week, getting only a slight bump on future supply concerns coming out of Saudi Arabia after last weekend’s attack.…
Oil companies drilling so-called child wells in the Permian risk losing 15 to 20 percent of the crude oil that could be recovered otherwise, investment bank Tudor, Pickering, Holt &…