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EIA Inventory Count Accelerates Oil Price Slide

EIA Inventory Count Accelerates Oil Price Slide

Oil prices continued to slide…

Saudi Arabia To Splash $20B On Oil Capacity Boost

Saudi Arabia To Splash $20B On Oil Capacity Boost

Saudi Energy Minister al-Falih has…

Energy / Crude Oil

What Happens to Oil Markets if Iraq Collapses?

What Happens to Oil Markets if Iraq Collapses?

Jul 29, 2013 at 17:25 | Daniel J. Graeber

Oil production from Iraq may be in decline along with political stability in the country. The government aims to produce 9 million barrels of oil per day by the end…

What Happens When the Oil Runs Out?

What Happens When the Oil Runs Out?

Jul 29, 2013 at 17:03 | Professor Chris Rhodes

Summary of a lecture by Professor Chris Rhodes to the Conway Hall Ethical Society, Conway Hall, Red Lion Square, London. 11.00 am, Sunday July 28th, 2013. The world…

Will Quebec Tragedy Derail Heavy Oil Upswing?

Will Quebec Tragedy Derail Heavy Oil Upswing?

Jul 26, 2013 at 17:00 | James Burgess

Canada’s heavy oil producers are reveling in a price rebound, but its spurred by increased rail shipments, shadowed by the tragic Quebec train crash that killed an estimated 47 people.

Will Big Oil Lose its Alaska Tax Break?

Will Big Oil Lose its Alaska Tax Break?

Jul 25, 2013 at 19:08 | Charles Kennedy

A major tax break for oil companies signed into law in May is now the heart of a battle between industry-friendly politicians who say the tax break will boost sluggish…

Oil Production Aside, Middle East still Matters

Oil Production Aside, Middle East still Matters

Jul 22, 2013 at 15:37 | Daniel J. Graeber

Labor demonstrations in eastern Libya have forced the closure of a key port for nearly a week. A small band of protesters have created big problems for the country as…

Why Big Oil is Shifting Away from the Gulf of Mexico

Why Big Oil is Shifting Away from the Gulf of Mexico

Jul 19, 2013 at 23:33 | Daniel J. Graeber

A BP official who led the company before the 2010 incident in the Gulf of Mexico marked his return to the region in a $3.75 billion deal with Houston-based Apache.…

Mexico’s Oil Auction Snubbed Ahead of Hoped-for Privatization

Mexico’s Oil Auction Snubbed Ahead of Hoped-for Privatization

Jul 19, 2013 at 23:30 | Jen Alic

Mexican state-run Pemex’s 11 July auction of six onshore oil leases in the Chicontepec Formation fell flat, with the three largest concessions receiving no bids despite early interest by more…

Oil Market Forecast & Review 19th July 2013

Oil Market Forecast & Review 19th July 2013

Jul 19, 2013 at 22:47 | Jim Hyerczyk

September Crude Oil futures reached a new high for the year this week, but there was very little follow-through. This is a good sign that conditions are overbought and that…

Ukraine: Unexpected Oil Find, Major Gas Interest

Ukraine: Unexpected Oil Find, Major Gas Interest

Jul 19, 2013 at 22:44 | Editorial Dept

Bottom Line: We see a flurry of activity in Ukraine, with a $735 million Black Sea commitment by Exxon, an unexpected 100 million barrel oil find in the Poltava region…

Waiting on Kenyan Oil, the Market Grows Impatient

Waiting on Kenyan Oil, the Market Grows Impatient

Jul 18, 2013 at 17:24 | Jen Alic

It’s been well over a year now since London-listed Tullow Oil struck it big in Kenya, making the country’s first massive oil discovery that set the stage for Kenya to…

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