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  • 1 day Trump vs. Xi Trade Battle, Running Commentary from Conservative Tree House
Russian Crude Could Still Be Dirty By Mid-2020

Russian Crude Could Still Be Dirty By Mid-2020

Polish refiner PKN Orlen has…

1 Million Bpd At Risk In Gulf Of Mexico Tropical Storm

1 Million Bpd At Risk In Gulf Of Mexico Tropical Storm

Oil producers are beginning to…

Energy / Crude Oil

Heavy Oil Supply Crunch Cushions Canada From IMO 2020

Heavy Oil Supply Crunch Cushions Canada From IMO 2020

Jul 23, 2019 at 13:45 | Irina Slav

An increasingly tighter supply of heavy crude will in all likelihood help Canada’s oil industry weather the unfavorable effects of the so-called IMO 2020 rules, which stipulate a much lower…

Why Goldman Sachs Thinks Oil Should Be Trading Higher

Why Goldman Sachs Thinks Oil Should Be Trading Higher

Jul 22, 2019 at 17:24 | Nick Cunningham

Fears of weak oil demand are taking over the market, overshadowing tanker battles in the Persian Gulf, something that would have typically sent oil prices skyrocketing. However, demand may also…

Millions Of ‘Hidden’ Iranian Barrels Set To Hit Oil Markets

Millions Of ‘Hidden’ Iranian Barrels Set To Hit Oil Markets

Jul 22, 2019 at 11:19 | ZeroHedge

In what appears to be a gesture of contempt for Washington, Chinese companies have continued to import Iranian crude, but instead of reporting the crude imports, which would violate US…

What’s Behind The North Sea Spending Spree?

What’s Behind The North Sea Spending Spree?

Jul 19, 2019 at 17:46 | Tsvetana Paraskova

Emerging from one of the worst downturns in decades, one of the world’s oldest producing oil basins, the UK North Sea, is now taking a leaf out of U.S. shale’s…

Russian Crude Could Still Be Dirty By Mid-2020

Russian Crude Could Still Be Dirty By Mid-2020

Jul 19, 2019 at 17:44 | Julianne Geiger

As Poland’s biggest refiner publicly criticized the deteriorating quality of Russian oil, a suspect in the investigation into pipeline contamination that has severely disrupted Russian supplies is seeking asylum in…

Long Speculator Exodus Sinks Crude Oil

Long Speculator Exodus Sinks Crude Oil

Jul 19, 2019 at 11:31 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures are inching higher on Friday, but a steep sell-off earlier in the week has solidified a weekly lower close. In case you haven’t…

Russia’s Oil Output Rebounds From Three-Year-Low

Russia’s Oil Output Rebounds From Three-Year-Low

Jul 18, 2019 at 12:48 | Tsvetana Paraskova

Russia’s oil production in the past few days has recovered to the ceiling that Moscow has pledged in the OPEC+ deal, Russian Energy Minister Alexander Novak said on Thursday,…

Will The U.S Gas Glut Cap Oil Production?

Will The U.S Gas Glut Cap Oil Production?

Jul 17, 2019 at 16:46 | Nick Cunningham

A pipeline company is fighting the practice of flaring gas in Texas, threatening to slow the pace of oil production. Flaring gas has become an epidemic in Texas. Permian…

Colombia’s Push To Triple Proven Oil & Gas Reserves

Colombia’s Push To Triple Proven Oil & Gas Reserves

Jul 17, 2019 at 13:30 | Oxford Business Group

With no major onshore oil discoveries since 2009, Colombia’s oil and gas reserves have dwindled. The country has thus turned to non-conventional deposits as a means to boost production in…

Oil Halts Slide On Crude Draw

Oil Halts Slide On Crude Draw

Jul 17, 2019 at 09:40 | Irina Slav

The Energy Information Administration reported a modest oil inventory draw of 3.1 million barrels for the week to July 12, confirming and even exceeding the American Petroleum Institute’s Tuesday estimate of…

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