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  • 3 mins Iran Loses $130,000,000 Oil Revenue Every Day They Continue Their Games . . . .Opportunity Lost . . . Will Never Get It Back. . . . . LOL .
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Energy / Crude Oil

Oil Stabilizes Ahead Of Weekly Inventory Data

Oil Stabilizes Ahead Of Weekly Inventory Data

May 21, 2019 at 09:27 | Tsvetana Paraskova

Oil prices seesawed early on Tuesday, supported by indications that OPEC may opt for prolonging the production cut deal beyond June, while tensions between the U.S. and Iran continued to…

Oil Rises But Some Drillers Are Filing For A Second Bankruptcy

Oil Rises But Some Drillers Are Filing For A Second Bankruptcy

May 20, 2019 at 16:11 | Tsvetana Paraskova

Not everyone in the shale patch is profiting from the higher oil prices this year, the continuously rising oil production in the Permian, and the record U.S. crude output. While…

Why China Hasn’t Slapped Tariffs On U.S. Oil Imports

Why China Hasn’t Slapped Tariffs On U.S. Oil Imports

May 20, 2019 at 11:58 | Haley Zaremba

The United States has quickly become one of the top crude producers in the world thanks to the shale boom fueled by the shale oil and gas powerhouse that is…

The Single Most Bullish Indicator For Oil

The Single Most Bullish Indicator For Oil

May 20, 2019 at 11:01 | Alex Kimani

Oil prices have gone through a significant correction over the past few weeks, with WTI crude dropping from a six-month high of $66.30/barrel on April 23 to…

OPEC Considers Extending Production Cuts Till End-2019

OPEC Considers Extending Production Cuts Till End-2019

May 20, 2019 at 09:21 | Irina Slav

OPEC and its partners may decide to keep the oil production cuts until the end of the year as the cartel fears a steep price drop if cuts were to…

Why Oil Is Still Underpriced

Why Oil Is Still Underpriced

May 17, 2019 at 16:54 | Nick Cunningham

Oil prices seesawed over the past week, jerked higher by tension in the Middle East but dragged down by fears of the fallout from the U.S.-China trade war. In fact,…

Iran’s Trick To Sell Oil For A 30% Premium

Iran’s Trick To Sell Oil For A 30% Premium

May 17, 2019 at 16:52 | Simon Watkins

Given the U.S.’s deployment earlier this month of an aircraft carrier battle group to the Persian Gulf and comments that it may send up to 120,000 troops to…

Global Oil Shipping Concerns Rise Over Middle East Tensions

Global Oil Shipping Concerns Rise Over Middle East Tensions

May 17, 2019 at 16:44 | Tim Daiss

While global oil markets are accustomed to factoring geopolitical uncertainty into oil prices, this kind of geopolitical fallout hasn’t been seen for a number of years. The world’s largest oil…

Stalemate In Libya Could Cause Next Major Oil Supply Outage

Stalemate In Libya Could Cause Next Major Oil Supply Outage

May 16, 2019 at 17:53 | Nick Cunningham

The fighting in Libya has devolved into a protracted stalemate, which does not bode well for the country’s oil production. General Khalifa Haftar and his militia, the Libyan National Army…

Mystery Tanker With Iranian Oil Unloads In China

Mystery Tanker With Iranian Oil Unloads In China

May 16, 2019 at 12:47 | Irina Slav

A tanker carrying Iranian fuel oil has reached its destination at a Chinese port and has unloaded its cargo in storage tanks, Reuters reports, citing shipping data. The shipment…

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