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Niger Delta Legalizes Illicit Oil Refineries

Niger Delta Legalizes Illicit Oil Refineries

The Nigerian government has legalized…

Oil Tycoon Pushes For Venezuela Sanctions

Oil Tycoon Pushes For Venezuela Sanctions

The U.S. sanctions against Venezuela…

Energy

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U.S. Sanctions On Venezuela Could Boost Gasoline Prices

Aug 15, 2017 at 15:09 | Luis Colasante

For over five months, hundreds of thousands of Venezuelans have taken to the streets of the country to protest against the dictatorial Venezuelan regime. Since the protests started, more than 

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The Oil Price Tug Of War

Aug 15, 2017 at 13:37 | Tom Kool

Oil prices remain in a game of tug of war as conflicting news sends both the bears and the bulls to the sidelines. (Click to…

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Foreign Oil Eyes 44 Billion Barrels In Cuba

Aug 15, 2017 at 12:55 | Irina Slav

One of the few foreign energy companies with a presence in Cuba is now seeking funding for a 2018 exploration drilling campaign for Block 9, which is expected to hold…

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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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Oil Tycoon Pushes For Venezuela Sanctions

Aug 14, 2017 at 14:25 | Tsvetana Paraskova

The U.S. has stepped up sanctions against Venezuelan individuals in the wake of the July vote in Venezuela aimed at rewriting the constitution, which is further eroding democracy in the…

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U.S. Gasoline Demand At All-Time High

Aug 14, 2017 at 14:20 | Robert Rapier

Given all the media hype about peak oil demand — which is supposed to come about largely as a result of the explosive growth of electric vehicles (EVs) — you…

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