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Article Archive | Page 4

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Can The Permian Push Prices Down To $40?

Aug 14, 2017 at 15:56

Two analyst firms have revised upwards their production growth forecasts for the Permian, expecting oil output there to be 300,000 bpd higher by the end of this year. The…

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Oil Tycoon Pushes For Venezuela Sanctions

Aug 14, 2017 at 14:25

The U.S. has stepped up sanctions against Venezuelan individuals in the wake of the July vote in Venezuela aimed at rewriting the constitution, which is further eroding democracy in the…

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U.S. Gasoline Demand At All-Time High

Aug 14, 2017 at 14:20

Given all the media hype about peak oil demand — which is supposed to come about largely as a result of the explosive growth of electric vehicles (EVs) — you…

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Is Trump Gearing Up To End The Iran Nuclear Deal?

Aug 14, 2017 at 14:15

Jack Thompson and Oliver Thränert argue that President Trump´s administration is laying the groundwork for the U.S. to withdraw from the Iran nuclear deal. However, they suggest that if the…

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China Ups Pressure On North Korea With Ban On Coal Imports

Aug 14, 2017 at 13:56

China's Ministry of Commerce said that Beijing will halt imports of coal, iron, iron ore and seafood from North Korea starting on Tuesday, cutting an important economic lifeline for the…

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Oil Prices Slip As Chinese Crude Demand Loses Momentum

Aug 14, 2017 at 11:57

Slowly but surely, what we have claimed for the past year - that it is the demand side of the oil equation, not the supply, and especially the "Chinese wildcard" that…

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This Copper Giant Is Buying Into An Unexpected Frontier

Aug 14, 2017 at 11:31

Copper has been one of the best-performing commodities of the last few months. With the red metal up over 15 percent since late May, to a current $2.88 per pound.…

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Oil Prices Inch Higher As Libya Closes Crude Export Terminal

Aug 14, 2017 at 10:27

The Zueitina oil terminal in Libya has ceased loading cargos as port workers protest, demanding better working conditions, Bloomberg quoted the head of the workers’ union Merhi Abridan as…

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Higher Oil Prices Slash Saudi Deficit

Aug 14, 2017 at 09:23

The Saudi Finance Minister has announced an annual decline in the budget deficit for the first half of the year thanks to higher oil prices in the period. At…

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$450 Billion Oil Discovery Could Be A Gamechanger For US Oil

Aug 10, 2017 at 13:02

A surprise discovery coming out of Utah and Colorado’s Paradox Basin oil field has captured the attention of the petroleum sector today. Over 9 billion barrels equivalent (BOE), to be…

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