As Western nations are withdrawing…
Despite extensive U.S. sanctions, Iran's…
Higher oil prices are expected…
As Qatar gears up for an expansion of its massive liquefied natural gas export industry, an evaluation of the nation’s recent delivery rate in the face of Gulf sanctions…
Despite efforts to ramp up its oil export capacity, OPEC’s second-largest producer, Iraq, will comply with the production cuts pact, Iraq’s Oil Minister Jabbar al-Luiebi said at a conference…
The Gaselys tanker carrying the first LNG cargo produced by Russia’s first LNG facility in Yamal has arrived in Boston, the U.S. Coast Guard told Sputnik. Bloomberg on Friday
Rising U.S. rig count and oil production—along with a firmer U.S. dollar—sent oil prices down by 1 percent early on Monday, but the spread between the U.S. benchmark WTI and…
Texas is set for another oil boom, with production this year expected to hit a record high. That’s according to Karr Ingham, the oil economist who created the Texas…
This has got to be my favorite part, where the pundits, bank analysts and columnists start to (quietly) revise their views on the oil markets. One after one, they’re losing…
The 2018 oil rally is happening at breakneck speed. As I write this, West Texas Intermediate (WTI) is above $66 a barrel while Brent crude is breaching $71 a barrel…
Mexico’s energy reform that ended a state monopoly has so far fared fairly well in the upstream sector, with oil majors snatching up offshore oil blocks in auctions. In the…
Natural gas inventories plunged by 288 billion cubic feet (Bcf) for the week ending January 19, another massive decline that has tightened supplies and pushed up prices. Total gas…
Tesla (NASDAQ:TSLA) CEO Elon Musk has extremely high expectations for the electric automaker’s performance over the next decade — and if it isn’t reached, he won’t be paid at all.…
According to a poll taken late last year, 77 percent of respondents in the UK wanted to re-nationalize all of Britain’s energy utilities. In addition, 83 percent of those surveyed…
(Click to enlarge)From Dec 2016 to Dec 2017 US Tight oil output has increased by 975 kb/d based on US
North Korea has exported coal to Japan and South Korea via Russian ports in a probable violation of UN sanctions, Reuters is reporting. In its January 25 report, Reuters cited…
This has got to be my favorite part, where the pundits, bank analysts and columnists start to (quietly) revise their views on the oil markets. One after one, they’re losing…
It’s that time of the quarter again! Earnings season is well underway, and we will see fourth quarter 2017 results from many energy companies next week. Friday will bring a…
Friday January 26, 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…
Brent crude touched $71 and WTI hit $66 this week, supported by the latest comments from the energy ministers of Saudi Arabia and Russia, who said after a meeting last…
March West Texas Intermediate Crude Oil March U.S. West Texas Intermediate crude oil futures continued to climb this week, aided by another drop in U.S. crude oil inventories. On Wednesday,…
The ten largest upcoming onshore oil projects worldwide are expected to add 1.135 million bpd to the global oil supply by 2025, according to research and analytics firm GlobalData.…
Ongoing declines in U.S. inventories and a weakening U.S. dollar have pushed oil prices up even further this week.