• 1 hour Gunmen Kidnap Nigerian Oil Workers In Oil-Rich Delta Area
  • 3 hours Libya’s NOC Restarts Oil Fields
  • 5 hours US Orion To Develop Gas Field In Iraq
  • 3 days U.S. On Track To Unseat Saudi Arabia As No.2 Oil Producer In the World
  • 3 days Senior Interior Dept. Official Says Florida Still On Trump’s Draft Drilling Plan
  • 3 days Schlumberger Optimistic In 2018 For Oilfield Services Businesses
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  • 3 days Statoil, YPF Finalize Joint Vaca Muerta Development Deal
  • 3 days TransCanada Boasts Long-Term Commitments For Keystone XL
  • 3 days Nigeria Files Suit Against JP Morgan Over Oil Field Sale
  • 3 days Chinese Oil Ships Found Violating UN Sanctions On North Korea
  • 4 days Oil Slick From Iranian Tanker Explosion Is Now The Size Of Paris
  • 4 days Nigeria Approves Petroleum Industry Bill After 17 Long Years
  • 4 days Venezuelan Output Drops To 28-Year Low In 2017
  • 4 days OPEC Revises Up Non-OPEC Production Estimates For 2018
  • 4 days Iraq Ready To Sign Deal With BP For Kirkuk Fields
  • 4 days Kinder Morgan Delays Trans Mountain Launch Again
  • 4 days Shell Inks Another Solar Deal
  • 5 days API Reports Seventh Large Crude Draw In Seven Weeks
  • 5 days Maduro’s Advisors Recommend Selling Petro At Steep 60% Discount
  • 5 days EIA: Shale Oil Output To Rise By 1.8 Million Bpd Through Q1 2019
  • 5 days IEA: Don’t Expect Much Oil From Arctic National Wildlife Refuge Before 2030
  • 5 days Minister Says Norway Must Prepare For Arctic Oil Race With Russia
  • 5 days Eight Years Late—UK Hinkley Point C To Be In Service By 2025
  • 5 days Sunk Iranian Oil Tanker Leave Behind Two Slicks
  • 5 days Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators
  • 5 days WCS-WTI Spread Narrows As Exports-By-Rail Pick Up
  • 6 days Norway Grants Record 75 New Offshore Exploration Leases
  • 6 days China’s Growing Appetite For Renewables
  • 6 days Chevron To Resume Drilling In Kurdistan
  • 6 days India Boosts Oil, Gas Resource Estimate Ahead Of Bidding Round
  • 6 days India’s Reliance Boosts Export Refinery Capacity By 30%
  • 6 days Nigeria Among Worst Performers In Electricity Supply
  • 6 days ELN Attacks Another Colombian Pipeline As Ceasefire Ceases
  • 7 days Shell Buys 43.8% Stake In Silicon Ranch Solar
  • 7 days Saudis To Award Nuclear Power Contracts In December
  • 7 days Shell Approves Its First North Sea Oil Project In Six Years
  • 7 days China Unlikely To Maintain Record Oil Product Exports
  • 7 days Australia Solar Power Additions Hit Record In 2017
  • 7 days Morocco Prepares $4.6B Gas Project Tender
Oil Traders Have Never Been This Bullish

Oil Traders Have Never Been This Bullish

Speculators have placed a record…

Energy / Crude Oil

A Look Inside The World’s Hottest Shale Play

A Look Inside The World’s Hottest Shale Play

Jan 22, 2018 at 13:50 | Robert Rapier

Boomtown Last week, my day job took me to the Permian Basin. A colleague and I arrived late at night at our hotel in Fort Stockton, Texas. The hotel parking lot was full.…

Crisis-Hit Venezuela Takes Over OPEC's Rotating Presidency

Crisis-Hit Venezuela Takes Over OPEC's Rotating Presidency

Jan 22, 2018 at 10:42 | Tsvetana Paraskova

Venezuela is taking over the rotating presidency of OPEC for 2018 at a time when the country’s oil production is falling to a nearly three-decade low amid a severe…

The No.1 Challenge To The Oil Rally

The No.1 Challenge To The Oil Rally

Jan 19, 2018 at 17:23 | Nick Cunningham

The oil price rally could get derailed by “explosive” growth from U.S. shale in 2018, and “substantial gains” in Canada and Brazil will also add to the supply woes. The…

Oil Traders Have Never Been This Bullish

Oil Traders Have Never Been This Bullish

Jan 19, 2018 at 17:23 | Irina Slav

Net long bets on WTI and Brent hit over 1 billion barrels last week. Speculators are apparently falling over themselves to pour money into these two futures. And prices are…

Nord Stream 2 Is A Game Changer For Gazprom

Nord Stream 2 Is A Game Changer For Gazprom

Jan 19, 2018 at 17:22 | Viktor Katona

It’s difficult to imagine an energy company that’s more hated and more closely monitored than Gazprom… Perhaps in the aftermath of the Deepwater Horizon spill, BP attained similar levels of…

Chinese Fuel Dump Weighs On Asian Refiners

Chinese Fuel Dump Weighs On Asian Refiners

Jan 19, 2018 at 17:22 | Zainab Calcuttawala

Refiners in Asia are having a tough time making profits as diesel and distilled fuels from Chinese exporters flood markets, emerging reports show. The China National Petroleum Corp. said…

The Least Compliant Country In The OPEC Deal

The Least Compliant Country In The OPEC Deal

Jan 19, 2018 at 16:08 | Matt Smith

Yesterday's monthly oil market report from OPEC showed that oil production from Kazakhstan likely increased by 180,000 bpd in 2017 to 1.74 million barrels per day. Such a rise gives…

Oil Prices Book Biggest Weekly Loss Since October

Oil Prices Book Biggest Weekly Loss Since October

Jan 19, 2018 at 09:14 | Irina Slav

Oil prices accumulated a more than 1-percent decline this week, pressured by U.S. production growth, despite the variety of bullish demand forecasts and data about tightening global supply. A record-high…

Peak Oil Demand Is A Slow-Motion Train Wreck

Peak Oil Demand Is A Slow-Motion Train Wreck

Jan 18, 2018 at 15:37 | Nick Cunningham

Will oil demand peak within five years? 15 years? Or not until 2040 or 2050? The precise date at which oil demand hits a high point and then enters into…

$70 Oil Cripples European Refiners

$70 Oil Cripples European Refiners

Jan 18, 2018 at 13:40 | Zainab Calcuttawala

In the latest indication of the strength of the recovery of global oil prices, European refineries are struggling to pay their crude bills as margins decline and demand weakens for…

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