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Energy / Oil Prices

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Are Investors Bailing On U.S. Shale?

Aug 17, 2017 at 14:33 | Nick Cunningham

U.S. oil production continues to grow, with the EIA reporting a shocking jump in output last week. Total U.S. production rose to 9.5 million barrels per day (mb/d) for…

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Oil Prices Rise As Saudi Exports Hit 33-Month Low

Aug 17, 2017 at 11:09 | Tsvetana Paraskova

Saudi Arabia’s crude oil exports in June dropped to their lowest level in 33 months, while Saudi oil inventories were down to a level last seen in early 2012, according…

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Turkey Expands Influence In Kurdish Energy Sector

Aug 16, 2017 at 13:53 | Shadow Governance Intel

Over the past 12 years, Turkish energy companies have moved into the Kurdish energy sector at great pace in line with the sector’s rapid expansion under the semi-independent government in…

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Analysts See OPEC Compliance Erode In H2 2017

Aug 16, 2017 at 13:37 | Tsvetana Paraskova

OPEC’s compliance with the output cuts will continue to slip in the second half this year, despite recent rhetoric reiterating the cartel members’ commitment to stick to the production quotas,…

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Will Oil Demand Growth Be Enough To Tackle Inventories?

Aug 16, 2017 at 11:58 | Ag Metal Miner

Two articles in the Financial Times this week give polar opposite views on the direction for oil prices next year. The first is a report on bets taken by the highly…

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Strong Crude Inventory Draws Keep Markets On Edge

Aug 15, 2017 at 12:02 | Matt Smith

After trying to grab ahold of the fifty dollar handle, WTI has lost its grip and is sliding lower in the forty dollardom once more. Even though U.S. inventories look…

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These Major Oil Buyers Are Quietly Prepping For A Supply Shock

Aug 15, 2017 at 10:28 | Dave Forest

Continuing major changes in global oil flows this week. With big consumers like Indian Oil Corp and South Korean refiner SK Innovation making their first-ever purchases of U.S. crude exports.  And…

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Oil Prices Fall To 3-Week Lows On Flurry Of Bearish News

Aug 15, 2017 at 09:22 | Tsvetana Paraskova

Oil prices continued to fall on Tuesday morning, following a sell-off on Monday triggered by a stronger U.S. dollar, concerns over growing supply from non-OPEC producers, and signs of potential…

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Supply Risks Could Push Oil Prices Higher This Week

Aug 14, 2017 at 16:09 | Nick Cunningham

Oil lost ground in the last few days on slipping OPEC compliance rates and fears of persistent oversupply. But the tightening of the oil market is still proceeding, and there…

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Can The Permian Push Prices Down To $40?

Aug 14, 2017 at 15:56 | Irina Slav

Two analyst firms have revised upwards their production growth forecasts for the Permian, expecting oil output there to be 300,000 bpd higher by the end of this year. The…

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