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OPEC Fears Another Downturn In Oil

OPEC Fears Another Downturn In Oil

The narrative in oil markets…

Oil Prices May Have Reached A Bottom

Oil Prices May Have Reached A Bottom

It appears unlikely that a…

Energy / Crude Oil

Alberta To Fight “Air Barrels” As Prices Continue To Plunge

Alberta To Fight “Air Barrels” As Prices Continue To Plunge

Nov 20, 2018 at 09:30 | Irina Slav

Albertan oil producers need to become warier of overbooking already filled to capacity oil pipelines creating what’s commonly called “air barrels” as these contribute to the huge discount Canadian crude…

This Diplomatic Breakthrough Could Slam Oil Prices

This Diplomatic Breakthrough Could Slam Oil Prices

Nov 19, 2018 at 17:47 | Nick Cunningham

Iraq is set to bring long disrupted oil back online, adding fresh barrels to a market already weighed down by ample supplies across the globe. A little over a year…

IEA Chief Urges Oil Producers Not To Cut Output

IEA Chief Urges Oil Producers Not To Cut Output

Nov 19, 2018 at 13:34 | Tsvetana Paraskova

While OPEC is considering cutting oil production again, the executive director of the International Energy Agency (IEA), Fatih Birol, called on Monday for ‘common sense’ because fresh cuts could have…

Oil Slips As Russia Mulls Production Cuts

Oil Slips As Russia Mulls Production Cuts

Nov 19, 2018 at 11:06 | Tsvetana Paraskova

Russia’s energy ministry is discussing potential oil production cuts with local producers and will continue talks to come up with a position by the OPEC/non-OPEC meeting in early December, Energy…

Oil Prices May Have Reached A Bottom

Oil Prices May Have Reached A Bottom

Nov 16, 2018 at 16:30 | Robert Rapier

Last Friday, oil prices fell for the 10th consecutive day. According to CNBC, this marked the longest losing streak for crude oil in 34 years. I have covered the factors…

Alaska Sees Record Breaking Year For Oil And Gas Leases

Alaska Sees Record Breaking Year For Oil And Gas Leases

Nov 16, 2018 at 16:29 | Tim Daiss

Alaska is still trying to make an oil production comeback after years of declining production from maturing fields. On Wednesday, the Alaska Department of Natural Resources said in a release…

Saudis Cut Oil Exports To U.S. To Boost Crude Prices

Saudis Cut Oil Exports To U.S. To Boost Crude Prices

Nov 16, 2018 at 13:17 | Tsvetana Paraskova

Saudi Arabia has been slashing oil exports to the United States over the past two months, in what looks like a move to force a reduction in the world’s…

Canadian Oil Producers Divided On Output Cuts

Canadian Oil Producers Divided On Output Cuts

Nov 16, 2018 at 10:23 | Irina Slav

Crude oil producers in Alberta appear to be split on a proposed cut in production amid record-low prices, Canadian media report. One of the large Canadian oil producers, Cenovus…

Will The ‘Next Permian’ Ever Be Developed?

Will The ‘Next Permian’ Ever Be Developed?

Nov 16, 2018 at 09:10 | Rystad Energy

The Vaca Muerta Shale Basin in Argentina is the only unconventional play outside of North America where activity has already made the transition from exploration to full-scale development. The potential…

Canada’s Crude Crisis Is Accelerating

Canada’s Crude Crisis Is Accelerating

Nov 15, 2018 at 13:12 | Haley Zaremba

Canadian oil producers are in an increasingly tough predicament. With high and increasing oil demand around the globe over the last year, Canadian oil production has increased accordingly. All of…

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