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  • 19 hours Free market or Freeloading off the work of others?
  • 20 hours Trump will meet with executives in the energy industry to discuss the impact of COVID-19
  • 20 hours ‘If it saves a life’: Power cut to 1.5 million Californians

Energy / Crude Oil

Flare

Is U.S. Energy Dominance Coming To An End?

Apr 08, 2020 at 17:41 | Nick Cunningham

America’s era of “energy dominance” was brief. The slogan was always silly. Leaving aside the extensive environmental fallout, the notion that a debt-fueled drilling boom allowed the U.S. to…

Trump Putin

Is Trump Right About Falling U.S. Oil Output?

Apr 08, 2020 at 14:46 | Julianne Geiger

U.S. President Trump on Monday said that U.S. oil producers were already cutting production as a natural consequence of the market. But are U.S. producers really cutting production…

OPEC

Historic Oil Deal On The Verge Of Collapse As Russia Balks At U.S. 'Cuts'

Apr 08, 2020 at 11:17 | ZeroHedge

As oil traders look with dread and fear to tomorrow's OPEC+ teleconference one day after crude oil tumbled amid speculation that the production cut standoff will not be resolved...

Crude rig

U.S. Oil Production Could Fall By 2 Million Barrels Per Day

Apr 08, 2020 at 10:36 | Irina Slav

Crude oil production in the United States could fall by about 2 million bpd from current estimates of daily averages, according to the Energy Information Administration. In its latest Short-Term…

oil tanks

Huge Inventory Build Halts Oil Price Rally

Apr 08, 2020 at 09:50 | Irina Slav

A week after reporting the largest oil inventory build since 2016, the EIA once again had bad news for oil bulls: inventories added 15.2 million barrels over the week…

Bahri tanker

Saudi Arabia Sends Wave Of Supertankers To U.S. Ahead Of Oil Meeting

Apr 08, 2020 at 09:01 | Tsvetana Paraskova

The world’s top oil exporter, Saudi Arabia, is making good on its promise to flood the world with oil even as demand collapses, with a surge in tankers carrying Saudi…

offshore

Emerging Oil Hotspots Hammered By Coronavirus Crisis

Apr 07, 2020 at 14:34 | Viktor Katona

The ongoing price crash triggered by the coronavirus and the oil war has in many ways hammered investments into upcoming African, Latin American and Asian plays

Oil storage

OPEC And Partners Eye A 3-Month Output Cut

Apr 07, 2020 at 09:10 | Tsvetana Paraskova

Countries part of the OPEC+ group are discussing the idea to implement oil production cuts for at least three months from May to July, Russian news agency TASS reported on Tuesday,…

Crude

Why The OPEC+ Output Cut Is Irrelevant

Apr 06, 2020 at 16:55 | Arthur Berman

I’m in favor of the global output cut orchestrated by President Trump but let’s recognize it for what it is: largely irrelevant. Mohammed bin Salman and…

Guyana oil

Political Battle Could Jeopardize World’s Most Spectacular Oil Boom

Apr 06, 2020 at 13:18 | Viktor Katona

Amidst the torrent of news on the adverse impacts of COVID-19, recent developments in Guyana stand out as something of a countercurrent. In times when the entire world…


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