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Breaking News:

Kazakh Ups Oil Output Forecast for 2017

Article Archive | Page 2

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Non-OPEC Compliance Rate Rises To 60%

Feb 23, 2017 at 09:50

The non-OPEC producers that have signed up to the supply-cut deal forged by OPEC to boost oil prices and rebalance the market have been improving on their initially low compliance…

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Oil To $70? Or Down To $30?

Feb 22, 2017 at 16:55

Will oil prices rise to $70 per barrel this year or fall to $30? Depends on who you ask. Oil price forecasts are always all over the map, but the…

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Can The U.S. Dominate LNG Markets?

Feb 22, 2017 at 16:33

American energy exports hit a new high in early 2017, contributing 7 million barrels of crude to markets abroad in the first week of February. Meanwhile,

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The Discounts Are Over: U.S. Shale Is About To Get More Expensive

Feb 22, 2017 at 15:54

The U.S. oil rig count has surged for the better part of three quarters, rising by 281 rigs since bottoming out in May 2016, an increase of nearly 90 percent.…

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Record Gasoline Glut Is Causing Problems On The East Coast

Feb 22, 2017 at 14:13

The U.S. East Coast traditionally relies on imports from east Canada and Europe to fill in its gasoline demand. However, these days the gasoline glut in the New York area…

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Battery Wars – China Beating Tesla In The Gigafactory Race

Feb 22, 2017 at 14:00

Tesla’s Gigafactory 1 has been a center of attention for people interested in the growing momentum behind green energy, electric cars, and battery production. Therefore, it is no surprise that…

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Unsatisfied With Oil Prices, Iraq Calls For New OPEC Meeting

Feb 22, 2017 at 13:38

Iraq thinks that OPEC should hold a new meeting to discuss the cartel’s oil production cuts, given the fact that the current oil prices are still below expected levels, according…

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Oil & Gas M&A Just Broke All Records

Feb 22, 2017 at 12:01

I talked yesterday about prime oil and gas assets coming for sale in Asia. And some new data this week shows it’s not just that part of the world…

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Oil Prices Fall As Gasoline Glut Takes Its Toll

Feb 22, 2017 at 09:41

Crude prices are selling off today while gasoline holds up relatively better, as refiners playing 'pass the parcel' betwixt the two. As refiners make economic run cuts due to lower…

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Natural Gas Bulls Crushed As Prices Tank

Feb 21, 2017 at 16:11

Natural gas prices plunged to their lowest level since November on mild weather in the U.S., which has caused storage levels to decline at a much slower pace than…

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