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Is This The Tipping Point For Electric Vehicles?

Is This The Tipping Point For Electric Vehicles?

A new report suggests that…

Rising Energy Demand Could Be A Boon For The Philippines

Rising Energy Demand Could Be A Boon For The Philippines

The private sector is accelerating…

Emerging ‘Quality’ Problem To Haunt Oil Markets

Emerging ‘Quality’ Problem To Haunt Oil Markets

The divergence between lighter and…

Energy

The Oil Price Rally Shows No Sign Of Stopping

The Oil Price Rally Shows No Sign Of Stopping

Feb 22, 2019 at 12:23 | Tom Kool

OPEC+ is taking massive amounts of oil off the market, allowing crude prices to post yet another week of gains.  (Click to enlarge)

Rig Count Falls As US Oil Production Hits All-Time High

Rig Count Falls As US Oil Production Hits All-Time High

Feb 22, 2019 at 12:12 | Julianne Geiger

The the number of active oil and gas rigs fell in the United States this week according to Baker Hughes, despite record-breaking production for the week ending February 15. The…

Oil Hits Fresh 2019 High As Trade Deal Hopes Boost Prices

Oil Hits Fresh 2019 High As Trade Deal Hopes Boost Prices

Feb 22, 2019 at 09:34 | Tsvetana Paraskova

Oil prices rose early on Friday, heading for a second weekly increase, driven up by optimism that the U.S. and China will forge a trade deal and that OPEC’s resolve…

The Fate Of Venezuela’s President Could Be In The Hands Of A US Judge

The Fate Of Venezuela’s President Could Be In The Hands Of A US Judge

Feb 22, 2019 at 09:16 | Tsvetana Paraskova

The ongoing power struggle in Venezuela has extended to a row over who is managing its state oil firm PDVSA and its key asset, U.S. refiner Citgo Petroleum—and this could…

Oil To Rise As U.S., China Outline Trade Deal

Oil To Rise As U.S., China Outline Trade Deal

Feb 21, 2019 at 17:14 | Nick Cunningham

Oil prices are likely to jump if Trump and Xi can hash out a deal. The U.S. and China have started to sketch out the framework of a comprehensive trade…

The Oil Producer OPEC Is Overlooking

The Oil Producer OPEC Is Overlooking

Feb 21, 2019 at 17:06 | Tsvetana Paraskova

While everyone is talking about how surging U.S. crude oil production will offset a large part of the ongoing OPEC/non-OPEC production cuts, there are other oil producers not taking part…

European Oil Demand Is Shockingly Weak

European Oil Demand Is Shockingly Weak

Feb 21, 2019 at 16:22 | Nick Cunningham

One of the unexpectedly soft spots in global oil demand recently has been in Europe. To be sure, Europe was never expected to be a major driver of oil demand…

Kicking Mexico’s Addiction To U.S. Natural Gas

Kicking Mexico’s Addiction To U.S. Natural Gas

Feb 21, 2019 at 14:26 | Irina Slav

Mexico is looking for ways to reduce its overwhelming dependency on U.S. natural gas imports, which currently satisfy over 50 percent of its demand. This is the highest foreign gas…

Cracks Begin To Form In Saudi-Russian Alliance

Cracks Begin To Form In Saudi-Russian Alliance

Feb 21, 2019 at 13:29 | Tim Daiss

Could cracks be forming in the bromance between Saudi Arabia and Russia over oil production quotas? According to one analyst, the answer could be - yes. The background for one…

An Underestimated Niche In Oil & Gas

An Underestimated Niche In Oil & Gas

Feb 21, 2019 at 11:59 | Rystad Energy

Several hundred offshore oil and gas wells could cease production by 2021 in the face of today’s bearish oil market. As a consequence, so-called decommissioning obligations in the global oil…

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