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China Completes First Physical Delivery For Crude Futures

China Completes First Physical Delivery For Crude Futures

With the first physical delivery…

Iran: We Won’t Let OPEC Boost Production

Iran: We Won’t Let OPEC Boost Production

As oil prices continue to…

Energy / Crude Oil

Why Oil Will Stay Strong for Some Time to Come

Why Oil Will Stay Strong for Some Time to Come

Jul 06, 2013 at 13:38 | Dan Dicker

Egypt is the big topic on oil trader’s minds this week but it really shouldn’t be. Although it’s been tapped as the reason WTI oil has drifted above $100 a…

Why Deflation will Cause Oil Production to Slow

Why Deflation will Cause Oil Production to Slow

Jul 04, 2013 at 17:27 | Gail Tverberg

A question that seems to come up quite often is, “Are we going to have inflation or deflation?” People want to figure out how to invest. Because of this, they…

Oil Market Forecast & Review 28th June 2013

Oil Market Forecast & Review 28th June 2013

Jun 28, 2013 at 16:08 | Jim Hyerczyk

August crude oil futures bucked the trend in many commodities to post a strong close for the week.  The market was buoyed by signs of an improving economy and comments…

Oil is the New Gold

Oil is the New Gold

Jun 21, 2013 at 14:11 | Dan Dicker

As I write this on Thursday morning, Gold is in a virtual freefall, dropping below $1400 an ounce for the first time in two years – Ben Bernanke’s statements at…

Did Global Oil Consumption Slow in 2012?

Did Global Oil Consumption Slow in 2012?

Jun 19, 2013 at 16:53 | Robert Rapier

I hate the phrase “Innocent until proven guilty.” When serial killer Ted Bundy killed his first victim, he wasn’t innocent just because a court had yet to convict him. The…

Chinese Scientists Discover New Method to Increase Recoverable Oil from Wells

Chinese Scientists Discover New Method to Increase Recoverable Oil from Wells

Jun 17, 2013 at 16:41 | Brian Westenhaus

Chinese scientists have already succeeded in recovering a sensational 15% of the residual oil in their test reservoir when they formed a collaboration with the Centre for Integrated Petroleum…

Brazil’s Giant Libra Field could Produce One Million Barrels a Day

Brazil’s Giant Libra Field could Produce One Million Barrels a Day

Jun 14, 2013 at 17:02 | Charles Kennedy

Magda Chambriard, the head of the National Petroleum Agency, has said that Brazil’s giant oil prospect, the Libra field, which holds an estimated 15 billion barrels of oil, could easily…

Exxon’s Bakken Expansion is Rewarded as USGS Doubles Reserves Estimate

Exxon’s Bakken Expansion is Rewarded as USGS Doubles Reserves Estimate

Jun 07, 2013 at 22:06 | Dian L. Chu

The U.S. Geological Survey (USGS) recently released an updated oil and gas resource estimate on the Bakken formation, which covers parts of Montana, North Dakota and Saskatchewan.Unlike the…

Kurdistan: Our Pick for the Next Big Buy Out

Kurdistan: Our Pick for the Next Big Buy Out

Jun 07, 2013 at 17:09 | James Stafford

You might not have heard of Oryx (OXC), so if we’re treading on virgin territory here, we’ve got a good reason for doing so. Earlier this month, Oryx—the…

Next on the US Shale Scene? Try Tuscaloosa

Next on the US Shale Scene? Try Tuscaloosa

Jun 07, 2013 at 17:02 | Editorial Dept

It’s not a household name yet—and it’s a bit of a mouthful—but the 2.7 million-acre Tuscaloosa Marine Shale (TMS) in Southeast Louisiana and Southwest Mississippi is shaping up to be…

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