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Oil Prices Move Higher After a Volatile Week

Oil Prices Move Higher After a Volatile Week

After a volatile week, oil…

Nigeria To Launch Crude Trading at its Commodity Exchange

Nigeria To Launch Crude Trading at its Commodity Exchange

Africa’s biggest oil producer, Nigeria,…

Energy

Expert Commentary: How Trump’s Trade War Affects Canadian Oil

Mar 09, 2018 at 17:14 | Peter Tertzakian

Last week, the first salvo of a global trade war was fired: US tariffs on steel and aluminum. Like the “shot heard round the world,” the American protectionist move has…

$1.6 Trillion In Fossil Fuel Investments Are At Risk

Mar 09, 2018 at 17:11 | Nick Cunningham

The fossil fuel industry is putting $1.6 trillion of investment at risk if the world gets its act together and tries to adhere to the climate change targets as part…

Natural Gas Exports Could Be Hit By Trump’s Trade War

Mar 09, 2018 at 17:10 | Tim Daiss

President Donald Trump’s newest tariffs on Chinese imports – a hefty 25 percent levy for steel and 10 percent for aluminum –is already fueling speculation about an impending trade…

5 Key Takeaways From CERAWeek

Mar 09, 2018 at 17:07 | Editorial Dept

The annual CERAWeek Conference sponsored by IHS Markit is arguably the hottest oil and gas conference on the planet, and this year’s edition saw the largest attendance in the event’s…

Old Fields Die Hard

Mar 09, 2018 at 17:04 | Haley Zaremba

In an industry that is always full of contradictions, 2018 has been a particularly complicated and divisive year for the global oil markets--and it looks like it won’t be letting…

Oil Prices To Rise On Strong Oil Demand

Mar 09, 2018 at 17:00 | Editorial Dept

Friday March 9, 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…

Bearish Factors Are Piling Up For Crude

Mar 09, 2018 at 16:49 | Jim Hyerczyk

May West Texas Intermediate crude oil futures are in a position to finish lower for a second week. The fundamentals are bearish and the weekly technical chart pattern indicates that…

OPEC Exports To The U.S. Continue To Decline

Mar 09, 2018 at 16:04 | Matt Smith

In the latter half of last year, we highlighted how Saudi deliveries to Motiva's Port Arthur refinery had been surpassed by Iraqi barrels for the first time on our records. While…

Oil Prices Bounce After A Tough Week

Mar 09, 2018 at 14:26 | Tom Kool

Oil has had a bumpy week, but following the news that Trump would allow some keep exceptions to the tariffs, along with a strong jobs report and falling U.S. oil…

U.S. Oil Rig Count Falls As Gas Rig Count Soars

Mar 09, 2018 at 12:20 | Julianne Geiger

Baker Hughes reported another 3-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 984, which…

BP Reports Surprise Production Jump At Mature Fields

Mar 09, 2018 at 10:17 | Irina Slav

BP reported a surprise increase in oil production from aging fields that, according to chief executive Robert Dudley, he hadn’t seen in his close to four-decade career in the industry.…

Alberta Ready To Turn Off Oil Taps For B.C.

Mar 09, 2018 at 09:02 | Irina Slav

Alberta’s government may be considering a suspension of crude oil shipments to British Columbia in the latest episode of what is turning into a drama series starring Canada’s biggest oil…

Saudi Arabia Plans Its Own Shale Revolution

Mar 08, 2018 at 16:03 | Irina Slav

Saudi Arabia has big gas plans, with Aramco eyeing a twofold increase in its natural gas production over the next ten years as it seeks to switch local power plants…

Oil And Gas Is Under Attack In Latin America

Mar 08, 2018 at 15:59 | Nick Cunningham

“The energy reform has a lot of benefits to the country, to the people, so the worst case scenario in my point of view is that the speed that we…

The Mysterious Chinese Company Looking To Buy Rosneft

Mar 08, 2018 at 13:54 | Tsvetana Paraskova

When a little-known private Chinese company said in September 2017 that it would be buying 14 percent in Rosneft, many analysts were wondering how an obscure fuel trading company rose…

Where’s Texas Oil Production Headed?

Mar 08, 2018 at 13:54 | Ron Patterson

(Click to enlarge) (Details for the chart above are explained in the post.) The Texas Railroad Commission (RRC) had the oil and gas production reported…

Saudis Hint They Could Delay Aramco IPO Until 2019

Mar 08, 2018 at 10:20 | Tsvetana Paraskova

The initial public offering of Saudi Aramco—currently slated for the second half of 2018—could be pushed into 2019, Saudi Energy Minister Khalid Al-Falih hinted in an interview with Bloomberg…

Is Arctic Drilling The Key To U.S. Energy Dominance?

Mar 08, 2018 at 10:03 | Gary Norman

Energy dominance is a term that has become almost synonymous with Trump’s administration. On the face of things, it may seem that the term requires no further analysis for a…

Rick Perry: U.S. Should Ramp Up Oil, Tech Exports

Mar 08, 2018 at 09:13 | Irina Slav

The United States should make the best use of its oil and gas wealth by boosting exports and sharing production technology with other parts of world, Energy Secretary Rick Perry…

44 Things You Didn’t Know About Oil

Mar 07, 2018 at 17:04 | Viktor Katona

Whenever you see a headline like this, you know it will go along the lines of “did you know that petroleum stands for rock oil?” Yes you did, goes the…

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