A suspected Iranian spy ship…
The crude oil net long…
China is raising from Wednesday…
In a Canute-like move, On September 29, the US Department of Energy sent a proposal to the Federal Energy Regulatory Commission (FERC) that would, if adopted, significantly increase the value…
When Lebanon’s Prime Minister Saad Hariri paid a visit to Russian President Vladimir Putin mid-September, most media coverage revolved around political and military issues. Yet the meeting was part…
Qatar holds the third largest natural gas reserves in the world behind Iran and Russia. The country’s offshore region is host to the largest natural gas field in the world,…
The biggest oil price third-quarter rally in years came to a grinding halt this week with preliminary OPEC production figures for September suggesting an increase, quickly dampening enthusiasm about record-high…
The oil market gained a lot of momentum in August and September, and Brent flirted with $60 per barrel toward the end of last month. But suddenly, oil prices have…
It’s been an exciting summer for fossil fuels and renewables, with natural gas production hitting a year-to-date high, global crude oil stocks finally starting to decline, and demand for solar…
Saudi Arabia is following through with its pledge to stick to the output cuts in the OPEC/non-OPEC deal. The Kingdom is also reducing exports to some buyers, even to its…
I recently reported on the development of economic diversification plans among countries in the Gulf Cooperation Council (GCC) as oil demand prepares to reach a climax in 30 years.…
The Scottish government said on Tuesday that it wants to extend a current moratorium on fracking into a permanent full ban, with a final vote likely taking place at…
Brent prices have pulled back from its recent high of $58 per barrel, but hope is not lost from the market's bulls. (Click to…
OPEC ministers and ministers from other oil producing nations will discuss this week the progress of the production cut deal and a mechanism to monitor crude oil exports, on…
Middle Eastern oil producers are confident that strong demand for their product from Asia will keep their coffers full even as U.S. shale boomers venture into the biggest regional oil…
Crude oil prices extended their losing streak today as worries about once again rising global inventories frosted hopes that global supply is returning to normal. In the latest clear sign…
The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian…
More than three years after Bob Dudley said that oil prices would be lower for longer, BP’s chief executive still thinks “a price of $50 a barrel looks like…
There can hardly be any doubt that President Trump is determined to make good on his campaign promises, which made the energy industry a top priority. After opening up more…
September figures show that OPEC’s oil production rose in September with Saudi Arabia, Kuwait, and Libya all increased production according to a new Bloomberg survey. Total production from the…
Islamic State militants set ablaze on Saturday three oil wells near an area still under their control west of the oil city Kirkuk, to try to stop the advance of…
Shares in oil companies have underperformed the recent oil price rally, so some of those stocks are set to rise in a long-term oil price of $50-55, according to Goldman…
Saudi Arabia’s economy contracted by 1.03 percent over the second quarter of the year, after a 0.5-percent contraction in the first quarter. The pace of recession accelerated because of…