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EIA Inventory Report Pushes Oil Prices Lower

EIA Inventory Report Pushes Oil Prices Lower

Oil prices fell somewhat on…

Fifty Shades Of Shale Oil

Fifty Shades Of Shale Oil

A close examination of U.S.…

Energy / Crude Oil

U.S.-China Trade Deal Could Boost Gasoline Prices

U.S.-China Trade Deal Could Boost Gasoline Prices

Feb 18, 2019 at 13:08 | Tsvetana Paraskova

After months of persistent concerns that global economy will suffer from a heated U.S.-China trade war, leading to lower oil demand growth in the world, renewed hopes that an agreement…

World’s Largest Offshore Oil Field Partially Shut Down

World’s Largest Offshore Oil Field Partially Shut Down

Feb 15, 2019 at 09:10 | Irina Slav

The Safaniyah oil field in Saudi Arabia—the world’s largest—is producing at a reduced capacity after a ship’s anchor cut a main power cable, Reuters reports citing a knowledgeable source.…

Emerging ‘Quality’ Problem To Haunt Oil Markets

Emerging ‘Quality’ Problem To Haunt Oil Markets

Feb 13, 2019 at 17:07 | Nick Cunningham

Quality matters, not quantity. That was the message from the International Energy Agency (IEA) in its latest Oil Market Report. The world has plenty of oil, but perhaps not the…

Oil Rises Despite Rising Oil, Product Inventories

Oil Rises Despite Rising Oil, Product Inventories

Feb 13, 2019 at 09:49 | Irina Slav

Crude oil prices inched down today after the Energy Information Administration reported a crude oil inventory build of 3.6 million barrels for the week to February 8. This compares…

Fifty Shades Of Shale Oil

Fifty Shades Of Shale Oil

Feb 12, 2019 at 16:33 | Nawar Alsaadi

The rise of U.S. tight oil production over the last several years has upended the oil market and challenged OPEC’s hold on oil prices. This seemingly relentless growth in U.S.…

OPEC’s Next Big Crisis

OPEC’s Next Big Crisis

Feb 12, 2019 at 16:16 | Nick Cunningham

OPEC is having some success in heading off another oil market downturn, but over the medium-term the cartel faces much more serious risks. “OPEC's production growth outlook over the medium…

The Biggest Threat To Oil Market Stability

The Biggest Threat To Oil Market Stability

Feb 11, 2019 at 17:19 | Nick Cunningham

The oil market should be mostly balanced this year, although “policy risk” will be a much larger driver for oil prices than the underlying fundamentals, according to a new report…

Maduro Asks OPEC For Help As U.S. Sanctions Bite

Maduro Asks OPEC For Help As U.S. Sanctions Bite

Feb 11, 2019 at 09:23 | Tsvetana Paraskova

Nicolas Maduro has asked OPEC to support one of its founding members—Venezuela—against the U.S. sanctions on the Latin American country’s oil industry and denounce the “shameless dispossession” of Venezuelan assets,…

South Africa Oil Discovery Could Be A Game-Changer

South Africa Oil Discovery Could Be A Game-Changer

Feb 08, 2019 at 17:13 | Tsvetana Paraskova

One of the promising hotspots for oil and gas exploration drilling this year—South Africa’s offshore—has just yielded a massive natural gas and condensate find that could open a new exploration…

Demand Concerns Drive Oil Markets

Demand Concerns Drive Oil Markets

Feb 08, 2019 at 17:09 | Jim Hyerczyk

U.S. West Texas Intermediate oil futures are trading lower for the week, putting the market in a position to post a potentially bearish technical closing price reversal top on the…

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