A suspected Iranian spy ship…
In response to Iran's attack…
The Permian pipeline bottleneck continues to pinch the shale industry, forcing steep discounts for oil stuck in West Texas. Yet, the midstream constraints will be temporary and few in the…
To be fair, not all shale gas drilling is slowing, but in the Permian Basin, which has seen the most incandescent growth in recent years, according to the Financial Times,…
U.S. Secretary of Energy Rick Perry will meet this week with Saudi Arabia’s Khalid al-Falih and Russia’s Alexander Novak, Reuters reports, adding that the meetings will be separate, with…
Turkey’s President Recep Erdogan has lashed out at the United States, accusing Washington of supplying crude oil to a rebel group calling itself the People’s Protection Units, or YPG, which…
War always goes for the infrastructure: take out the bridges, cut off the electricity and water supplies. All that used to be done with artillery, tanks and bombs. Going forward,…
The latest clashes in Libya escalated on Monday when several gunmen attacked the headquarters of Libya’s National Oil Corporation (NOC) in Tripoli, and witnesses say that a few people…
As oil markets come to the end of a surprisingly bearish week, we take a look at all the key stories and figures in the markets. Shaky emerging market developments…
We are now a little over 15 months away from a major set of international regulations over maritime fuels, which have raised concerns about the havoc and price spikes that…
An international team of scientists has made a major breakthrough for the future of sustainable fuel. They achieved this major milestone by copying the methods of some of the cleanest…
Strenuous domestic and international posturing by political leaders in Iran during July, August, and into September 2018 highlighted the degree of stress which Iranian leadership groups and individuals have felt…
Peru’s Congress is to consider legislation reforming the hydrocarbons sector, with the updated law forecast to increase investment in the sector, while reinforcing environmental protection and community rights. In June…
A joint panel of OPEC and non-OPEC representatives will discuss next Tuesday how the group could distribute among them the 1 million bpd production increase that was agreed in June…
We've seen very little recently to dissuade us from the thesis of much higher oil prices to come. EIA charts here on oilprice.com consistently show just how far short of…
Regular readers will know that I can be a little contrarian at times. That is not necessarily the result of being curmudgeonly, although if you ask my kids I’m sure…
Friday September 7, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Japanese wholesale oil traders are starting to wind down their Iranian oil orders ahead of the November 4 deadline when U.S. sanctions against Tehran are set to kick in. Other…
U.S. West Texas Intermediate crude oil futures posted a volatile two-sided trade this week before turning decisively lower for the week. Volume was light at the start of the week…
Oil prices slipped this week as unexpected builds in gasoline inventories due to a drop in demand with driving season coming to an end.
Baker Hughes reported no change to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs held at 1,048 according to the…
Two months before the U.S. sanctions on Iranian oil exports go into effect, Asian refiners and traders are beginning to line up their purchases for cargo loadings for November. On…