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Stopping Syria’s Oil Smuggling Scheme

Stopping Syria’s Oil Smuggling Scheme

Syria has been deprived of…

Oil Prices Tank Despite Large Crude Draw

Oil Prices Tank Despite Large Crude Draw

Oil prices fell on Thursday…

Energy / Crude Oil

U.S. Shale Struggles As Oil Prices Drop

U.S. Shale Struggles As Oil Prices Drop

Dec 05, 2018 at 14:02 | Nick Cunningham

The explosive production growth in the U.S. shale patch has surprised even the most optimistic forecasters, but the huge jumps in output belies and obscures the financial state of the…

U.S. Oil Majors To Break “The Contract Of The Century”

U.S. Oil Majors To Break “The Contract Of The Century”

Dec 05, 2018 at 12:49 | Tsvetana Paraskova

Since the oil industry started to recover from the 2014 price crash, U.S. supermajors ExxonMobil and Chevron have been re-aligning their global operations with their longer-term priorities, betting more on…

The U.S. Pipeline Industry Is Booming

The U.S. Pipeline Industry Is Booming

Dec 05, 2018 at 10:48 | Vanand Meliksetian

Every once in a while, a new technological development shakes up a conservative sector. In the oil and gas industry, the shale revolution has changed the business in multiple ways.…

Iran: Don’t Count On A New OPEC Deal

Iran: Don’t Count On A New OPEC Deal

Dec 05, 2018 at 10:31 | Irina Slav

OPEC’s meeting this Thursday in Vienna may not lead to an agreement to start reducing production, Iran’s OPEC governor said, as quoted by S&P Global Platts. Hossein Kazempour Ardebili…

The Most Likely Outcome Of The OPEC Meeting

The Most Likely Outcome Of The OPEC Meeting

Dec 04, 2018 at 17:23 | Nick Cunningham

The OPEC+ meeting is set to kickoff, with a press conference scheduled for Thursday afternoon in Vienna. While there seems to be a vague outline of an agreement in hand,…

Iran: Oil To Fall To $40 If OPEC Fails To Reach Deal

Iran: Oil To Fall To $40 If OPEC Fails To Reach Deal

Dec 04, 2018 at 15:39 | Tsvetana Paraskova

A fractured OPEC is meeting later this week to discuss a deal to cut oil production—yet again—to rebalance the market and lift oil prices that have recently slipped to below…

Is This The Next Disaster For Canadian Drillers?

Is This The Next Disaster For Canadian Drillers?

Dec 04, 2018 at 15:15 | Irina Slav

The government of Alberta this week took an unprecedented decision to enforce a crude oil production cut so excess inventories could be shrunk and the price of western Canadian grades…

OPEC+ Gears Up For Production Cuts

OPEC+ Gears Up For Production Cuts

Dec 04, 2018 at 12:56 | Tom Kool

Oil gained for a second day in a row on Tuesday, pushed up by a trade war truce, pending OPEC+ production cuts, and surprise mandatory output reductions in Canada.

NOPEC Act Is A Big Concern For OPEC Members

NOPEC Act Is A Big Concern For OPEC Members

Dec 04, 2018 at 10:37 | Tsvetana Paraskova

A proposed U.S. legislation that could pave the way for suing OPEC for market manipulation is a “big concern” among the cartel and may weigh on the message from the…

OPEC Oil Exports Jump Ahead Of Meeting

OPEC Oil Exports Jump Ahead Of Meeting

Dec 04, 2018 at 09:05 | Irina Slav

Crude oil exports from OPEC went up by 619,000 bpd last month, data from French shipping data tracking company Kpler showed, with Venezuela notable for a 358,000-bpd increase alone. In…

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