Big Oil is trumping the…
Investors are ditching the oil…
The pace of China’s crude oil imports and demand growth is one of the key pieces of data for the oil market and analysts to gauge global oil demand growth.…
The biggest oil price third-quarter rally in years came to a grinding halt this week with preliminary OPEC production figures for September suggesting an increase, quickly dampening enthusiasm about record-high…
It’s been an exciting summer for fossil fuels and renewables, with natural gas production hitting a year-to-date high, global crude oil stocks finally starting to decline, and demand for solar…
Saudi Arabia is following through with its pledge to stick to the output cuts in the OPEC/non-OPEC deal. The Kingdom is also reducing exports to some buyers, even to its…
I recently reported on the development of economic diversification plans among countries in the Gulf Cooperation Council (GCC) as oil demand prepares to reach a climax in 30 years.…
The Scottish government said on Tuesday that it wants to extend a current moratorium on fracking into a permanent full ban, with a final vote likely taking place at…
The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian…
September figures show that OPEC’s oil production rose in September with Saudi Arabia, Kuwait, and Libya all increased production according to a new Bloomberg survey. Total production from the…
Islamic State militants set ablaze on Saturday three oil wells near an area still under their control west of the oil city Kirkuk, to try to stop the advance of…
Gazprom dethroned ExxonMobil as the top energy company in the world, according to the 2017 S&P Global Platts Top 250 Global Energy Company Rankings. The rankings measure the financial…
The National Energy Board of Canada released a resource assessment today, examining the Duvernay Shale of Alberta. Deposited during the Devonian Period, the Duvernay Shale is located throughout central Alberta,…
In the first quarter of 2017 the value of Gabon’s oil exports rose by 70.9 percent year-on-year to reach $51.30 (€42.90) per barrel compared to $30 (€25.10) per barrel in…
The Argentinian energy and mining minister Juan Jose Aranguren has announced that the South American nation will be suspending its system of set domestic fuel prices next month, allowing…
It’s somewhat tradition for oil analysts to produce a flurry of new forecasts after every sharp move in prices, and the latest rally in WTI and Brent is no exception.…
The oil market is arguably the most fickle market in the world… One day it might set new records for bullishness, the next we might see it plummet into bear-territory.…
It is now a little over a month after Hurricane Harvey made landfall on the US Gulf Coast. While some refineries are still in the process of ramping up activities,…
A report from the central bank shows that Ghana’s state oil revenues more than doubled between the second half of 2016 and the first half of this year, from $93.4m…
Although current supply and demand fundamentals point to a possible rise in oil prices by the end of 2017, next year’s supply will likely outgrow demand and depress oil…
As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000-barrel draw in U.S.…
Robust oil demand growth and reduced global stockpiles have instilled confidence in the oil market lately. Signs that the OPEC cuts have finally started to work—with Brent futures now in…