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Article Archive | Page 6

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Oil Prices Fall As Markets Lose Faith In OPEC Output Cut Extension

Mar 21, 2017 at 12:41

Crude prices are coming under selling pressure once again, as oversupply concerns dwarf OPEC production cut expectations. As equity markets join oil prices in charging lower, hark, here are six…

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A Sign Of Slowing Demand? Chinese Refiners Reach Crude Import Quota

Mar 21, 2017 at 12:12

China’s independent refiners known as teapots have used up the amount of imported crude that the government allocated to them in January, which means imports are likely to slow down…

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Iran’s 14 Billion-Barrel Oil Field Comes Online

Mar 21, 2017 at 10:44

Back from the wilds of Asia. Just in time to witness one of the most critical new field start-ups the global oil sector has seen in years. That’s the South…

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Oil Has Room To Fall As Speculators Bail On Bullish Bets

Mar 20, 2017 at 15:44

Last week, after WTI dipped to $48, it seemed to firm up a bit on assurances from OPEC regarding compliance with its cuts, and a better-than-expected report from the…

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Is China The Next Key Influencer In The Middle East?

Mar 20, 2017 at 15:26

Saudi Arabia’s king Salman last week invited Beijing to take a more active part in Middle East politics and in response, the Chinese Foreign Ministry said it would be happy…

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OPEC Favors Production Cut Extensions As Next Meeting Nears

Mar 20, 2017 at 14:55

Members of the Organization of Petroleum Exporting Countries (OPEC) favor extending production cuts beyond June to continue efforts to rebalance global oil markets, according to a new report by Reuters.…

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Are U.S.-Saudi Relations Turning Sour?

Mar 20, 2017 at 14:27

Time will tell, but cries of “victory in Washington” by Saudi Arabian Deputy Crown Prince and Defense Minister Mohammed bin Salman seemed hollow and perhaps even apocryphal. He needed some…

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Is A Russian-Iranian Energy Pact In The Making?

Mar 20, 2017 at 14:17

In the lead-up to President Rouhani’s visit to Moscow, expected to take place in late March, a plethora of news regarding joint Russo-Iranian energy projects has been circulating on…

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Clean Energy Can Bring $10 Trillion Annual Benefits By 2050

Mar 20, 2017 at 13:27

A dramatically increased share of renewables and higher energy efficiency have the potential to create benefits of up to $10 trillion annually by 2050, compared to estimated incremental system costs…

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How Tesla Just Tripled Its Earnings In China

Mar 20, 2017 at 11:46

Earlier this month, Tesla Inc reported that its revenues in China topped $1 billion in 2016, more than triple the revenues it generated there in 2015. The Chinese market…

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