Oil prices have been climbing…
Tohoku University researchers have developed…
The U.S. government has multiple…
OPEC succeeded in pulling off what many thought was impossible, overcoming mutual disdain and mistrust to reach a deal on reducing its oil output. Oil prices skyrocketed on the…
The markets are reacting to the Organization of Petroleum Exporting Countries’ (OPEC) planned production reduction not just in oil price spikes, but stock prices, too—giving the deal the power to…
Nicolas Maduro, the Socialist president of recession-hit and hyperinflation-stifled Venezuela, was the most vocal supporter and promoter of an OPEC deal to reduce oil supply in a bid to lift…
It is a very frustrating deal market in O&G overall. Despite the collapse in oil prices from a couple years ago the deal flow is still very slow, the buyer/seller…
After rallying to 16 month highs on the back of the OPEC output deal, oil is falling as a result of record OPEC production, complicating the proposed cuts.
Iran is now able to sell as much oil as it wants and to any country it “deems appropriate”, the oil ministry’s news service Shana quoted Iranian President Hassan Rouhani…
The crude complex is finally taking a breather after the recent OPEC-sponsored rally. We're now faced with the juxtapositioning of rising OPEC output versus promised cuts; something which could well…
Fatih Birol, the executive director of the International Energy Agency, expects oil’s fundamentals to regain balance soon, thanks to the output cut deal agreed by OPEC last week. His opinion…
Having rallied to 16-month-highs on the back of OPEC’s deal to cut oil supply, oil prices dipped on Tuesday after figures showed that November output at both OPEC and…
OPEC’s historical deal to cut production has been sealed, and oil prices have jumped as a result, comfortably above the $50 per barrel mark. According to Lukoil’s vice president,…
For most retail investors, buying physical crude oil as a commodity is not an option. Instead, many investors turn to exchange traded notes (ETNs) as a way to speculate on…
“Ending wars is very simple if you surrender.” – PJ O’RourkeThe new OPEC deal to cut oil output – the cartel’s first since 2008 – amounts to…
Sometime in the next 12 to 24 months, the world will see probably see the biggest IPO in history, and one that may remain unparalleled for a century or more…
As environmentalists, Native Americans and those opposed to the Dakota Access pipeline (DAPL) celebrated the White House’s denial of a construction permit to Energy Transfer Partners (ETP) this weekend, North…
The greatest trick OPEC ever pulled was convincing the world to buy oil even as production kept rising to new all-time highs. Case in point, just out from Reuters: o…
It is International Ninja Day, and oil is stealthily climbing higher to another daily gain. As OPEC optimism abounds, prices push higher for a fourth consecutive day to start the…
The day before OPEC reached a deal on reducing oil output, Saudi Arabia had tried to gauge the market reaction to a possible no-deal with some of the biggest global…
The U.S. Army Corps of Engineers has refused to grant a permit to Energy Transfer Partners for the construction of the hotly contested section of the Dakota Access oil…
Contrary to many analysts’ expectations, OPEC successfully reached a deal to cut production on Wednesday. The deal, while still contingent upon non-OPEC production cuts, would see total OPEC production drop…
As the Baker Hughes rig count ticks upwards, oilfield services providers (OFS) are seeing a much-awaited revenue rebound in the heart of the United States’ most prominent drilling areas. Spending…