Trump's two primary campaign promises,…
Saudi Arabia’s oil giant, in…
Oil prices clawed back some losses at the end of the week on bullish news from OPEC. (Click to enlarge)
The oil market has gone decidedly bearish, and sentiment is growing that Moscow isn’t going to be able to play ball much longer with OPEC cuts. The World Bank has…
Friday, June 7, 2019 1. U.S. shale still burning cash- A cross-section of 29 U.S. shale companies reported more than…
The number of active oil and gas rigs in the United States fell this week according to Baker Hughes, as the overall rig count reaches the lowest point since February…
This week, after falling since the end of April, oil futures officially entered bear market territory. That happened on Wednesday, with an unexpected build in inventories sparking the latest drop…
Discovery & Development - Iraq has lifted the state of emergency it declared on the Majnoon oil field amid floods. Production at the field was unaffected despite the state of…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to finish mixed for the week based on Friday’s price action. Not only is this significant…
Oil prices are off more about 20 percent in the last two weeks on growing fears of a brewing economic recession. Commodities of all types have been hammered by the…
The United States has a renewable, 24/7 clean energy resource right beneath its feet that can be used for electricity generation and direct heating and cooling. Geothermal energy…
Given that the immediate focus of U.S. sanctions on Iran is the nation’s oil sector, the Islamic Republic is concentrating on pushing its already significant petrochemicals capabilities to generate much-needed…
Carbon capture and storage or reuse is gaining traction amid intensifying efforts to curb the effect of climate change on the planet. Now, a Swiss-Norwegian team of researchers has gone…
Recent financial market headlines have been dominated by stories covering the plunge in global interest rates. And for good reason. Government bond yields have been sinking like a stone lead…
Syrian Kurd Oil Deals and Tanker Attacks On Friday, Qatari and Turkish media were reporting that US-led coalition airstrikes took out three oil tankers in targeted airstrikes in eastern Syria,…
Despite US sanctions on Iran, Venezuela’s ongoing crisis, Libya being at risk of conflict-related oil disruption and Russian oil exports curtailed by contamination problems, oil prices have weakened considerably, plummeting…
With the sanctioning and tariff-slapping frenzy capturing most of media attention nowadays, we should get ready for a new epoch of geopolitics where the World Trade Organization’s standard rules are…
The past week was one of the weakest for crude markets this year – virtually everything combined together to create a highly powerful downward momentum. The oil market worries about…
The World Bank reduced its economic growth outlook for Russia for this year because of lower crude oil production, the institution said in a new report on the economy…
It’s no secret that batteries are the most expensive part of an electric vehicle. As such, this is the root of the industry’s problem and a roadblock to making larger…
Canada’s oil sands industry just can’t catch a break. Enbridge’s Line 3 pipeline is facing the prospect of more delays as it was hit with a legal setback in…
Oil markets are heading into bear territory as fears of a global economic slowdown grow on the back of Washington's escalating trade wars with both China and Mexico.