Despite some crude inventory builds…
Tesla is expected to report…
Blackrock's Michael Dennis said that…
One of the last bulwarks of global crude demand, India has been in the thick of national NOCs’ attention – Saudi Arabia will from now on participate in India’s Strategic…
Exploration and production (E&P) companies are set to face one of the biggest challenges - if not the biggest challenge ever - to their business models. This challenge is a…
Nigeria’s oil production could drop by 35 percent in the next ten years as regulatory uncertainty and costs amid languishing oil prices may prompt oil majors to postpone final investment…
As 2019 came to a close, oil prices were under pressure from the continued surge of U.S. shale oil. Although OPEC and its partners had already cut production by more…
The coronavirus outbreak in China will curb global oil demand growth by at least a quarter this year, and the production cuts of 600,000 barrels per day…
The latest crude oil price rally was nipped in the bud last night by the news that 15,000 new coronavirus cases had been diagnosed in the Chinese province of Hubei,…
The American Petroleum Institute warned the Trump administration that the U.S. oil industry would be hard pressed to produce all the oil China has committed to buy under the Phase…
Fossil fuel companies hold vast oil, gas and coal riches that they frequently tout to the investing universe to help elevate their market values. However, not a single energy company…
Sources from Kuwait and Saudi Arabia last week let it be known that trial production of 10,000 barrels per day (bpd) would start at the Khafji field in the ‘Partitioned…
Natural gas prices under $2/MMBtu have hit Appalachian shale gas drillers hard, but the longer the gas glut wears on, the deeper the problems will become. With each passing week,…
As the 2019-nCoV coronavirus continues to wreak havoc on the oil markets, dropping oil prices more vehemently and abruptly than the 2003 SARS outbreak did, the current plight of Libya…
We are less than two months into the new decade and we’ve already seen multiple major oil market events. The first was the killing of Qasim Soleimani, the commander…
An ongoing two-year long trade war between the US and China that has impacted the exports of both countries seemed to be closer to a resolution in January, when the…
Crude oil production in North Dakota could peak over the next five years as producers will have drilled up the core production areas and will have to move to…
OPEC slashed on Wednesday its global oil demand growth forecast for 2020, expecting the coronavirus outbreak to weigh heavily on fuel demand in the world’s oil demand growth driver, China.…
Crude oil prices hesitated today after the Energy Information Administration reported a U.S. oil inventory build of 7.5 million barrels for the first week of February. The report came…
Perhaps buoyed by speculation that oil demand in China is set to plunge as much as 20% if not more on the coronavirus "demand shock", on Tuesday OPEC slashed it forecast…
Libya’s oil production is down to less than 200,000 bpd, and the uncertainty surrounding the outage create complications for OPEC+ as it looks to cut deeper. Libya’s civil war entered…
The global drive to mitigate the impact of climate change and boost renewable energy is threatening the immense wealth that the Arab Gulf oil producers have accumulated from crude oil…
As the world grapples with containing carbon emissions to fight climate change, scientists have created a new material that has the potential to reduce emissions from crude oil refining and…