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OPEC: IMO Rules Will Boost Oil Demand By 400,000 Bpd

OPEC: IMO Rules Will Boost Oil Demand By 400,000 Bpd

OPEC estimates that tighter emission…

Iran: We Won’t Let OPEC Boost Production

Iran: We Won’t Let OPEC Boost Production

As oil prices continue to…

Energy / Crude Oil

Schlumberger To Buy Russia's Leading Drilling Company

Schlumberger To Buy Russia's Leading Drilling Company

Sep 25, 2018 at 11:27 | Viktor Katona

The past four years have been a 21st century low point for Western foreign investment in Russia, with sanctions, unlawful trade practices and ceaseless wars in the Greater Middle East…

Has Iran Started To Switch Off Oil Tanker Tracking Systems?

Has Iran Started To Switch Off Oil Tanker Tracking Systems?

Sep 25, 2018 at 10:39 | Tsvetana Paraskova

With U.S. sanctions on Iran’s oil exports just six weeks away, at least ten Iranian oil supertankers have gone dark, not having broadcast any signal for at least a week,…

Don't Underestimate The Trade War Impact On Oil Demand

Don't Underestimate The Trade War Impact On Oil Demand

Sep 25, 2018 at 09:31 | Irina Slav

A squeeze on oil demand is looming as a result of the U.S.-China trade war, a senior BP executive told Reuters. Acknowledging the bullish effect of U.S. sanctions on…

OPEC: IMO Rules Will Boost Oil Demand By 400,000 Bpd

OPEC: IMO Rules Will Boost Oil Demand By 400,000 Bpd

Sep 24, 2018 at 16:33 | Irina Slav

The entry into effect of tighter emission rules for bunkering fuel will cause a temporary spike in crude oil demand as refineries increase their daily runs by around 400,000 bpd,…

Saudis To Pump More Crude Oil In The Next Three Months

Saudis To Pump More Crude Oil In The Next Three Months

Sep 24, 2018 at 13:33 | Irina Slav

Saudi Arabia will boost its crude oil production in the coming months as it expects stronger demand, Oil Minister Khalid al-Falih said this weekend, as quoted by S&P Global…

Canadian Shale Is Hitting The Wall

Canadian Shale Is Hitting The Wall

Sep 21, 2018 at 17:05 | Tsvetana Paraskova

Plunging Canadian prices have been depressing oil producers’ realized prices and revenues, even though the U.S. benchmark and the international Brent Crude prices have rallied year to date. But it’s…

Iran: We Won’t Let OPEC Boost Production

Iran: We Won’t Let OPEC Boost Production

Sep 20, 2018 at 16:18 | Nick Cunningham

It’s about that time again. WTI hits $70 per barrel and the tweet-rage is back. We protect the countries of the Middle East, they would…

Canada Boosts Oil Exports To The U.S.

Canada Boosts Oil Exports To The U.S.

Sep 20, 2018 at 15:59 | Tim Daiss

Canada is requiring stronger tanks cars for transporting crude oil ahead of previously set deadlines, the country’s transport minister said on Wednesday. Transport Canada, the government department responsible for…

Oil Prices Slip After Trump Slams OPEC On Twitter

Oil Prices Slip After Trump Slams OPEC On Twitter

Sep 20, 2018 at 10:05 | Tsvetana Paraskova

As Brent Crude prices have been slowly creeping up to the $80 mark for a week, U.S. President Donald Trump took to Twitter again to slam OPEC about pushing prices…

Strong Rise In Spending Keeps Offshore Ahead Of Shale

Strong Rise In Spending Keeps Offshore Ahead Of Shale

Sep 20, 2018 at 09:14 | Rystad Energy

A recent surge in final investment decisions (FIDs) on offshore oil and gas projects has set the scene for a healthy increase in offshore investments next year, thus preventing the…

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