Crude oil prices went lower…
Despite extensive U.S. sanctions, Iran's…
Aging infrastructure could render the U.S. strategic petroleum reserve (SPR) increasingly ineffective, according to a new…
When Mexico opened up its energy sector for private investors in August 2014, oil prices were hovering above the US$100 mark, and the big price crash had…
Oilfield services, shipbuilders and other industries that rose with the pre-2014 oil price boom have had it hard. Since barrel rates fell, their previous patrons have become uninterested…
Eyebrows all over the world were raised when he said, “There is no price war” – after all, anyone with even a passing interest in the oil and…
The oil market is still in a state of uncertainty — with a lot of major indicators (including crude prices) in rapid flux. And news this week shows…
Oil prices have continued to languish below $50 per barrel as a glut of crude oil and gasoline persist even as global demand continues to rise. The IEA…
China is bothering energy analysts and investors. It’s bothering them because it has been on a buying spree for crude in the last two years but nobody knows…
In this post, I will address 3 topics relating to the Northern Deepwater Gulf of Mexico – 1. Historical oil production2. One view of the future of…
In August, when OPEC floated the idea of meeting once again to discuss the possibility of a production freeze, oil prices skyrocketed, ending the bear market that had…
Amid growing interest from international oil companies, Mexico is launching the second round of auctions for offshore oil blocks early next year. The auctions are set to attract…
Hundreds of thousands of protesters took to the streets in Caracas on September 1, demanding the removal of Venezuelan President Nicolas Maduro. Estimates peg the number of protesters…
In a sign of just how competitive the rebounding energy market could become, private equity firms are jumping into the rebounding Texas market. As retail investors weigh the…
Expectations for the success of the upcoming OPEC meeting in Algeria continue to seesaw, with comments from top officials from member countries continuing to alter oil market sentiment.…
OPEC’s crude production increased by 40,000 bpd in August over July to a record-high in recent times, with Saudi Arabia likely setting a fresh output record, according to…
At the end of July, we wrote an article titled "Oil Bulls Beware: Crude Demand Is About To Slide As China's SPR Is "Close To Capacity" which…
The oil majors will have an extraordinarily difficult time trying to maintain their hefty dividends in today’s oil market environment, and unless oil prices rebound substantially, companies may…
Russia still has supremacy over Central and Eastern Europe, especially over its crude oil market. However, Middle-East countries like Saudi Arabia, Iraq and Iran, have recently entered this…
Iraq surprised the oil market this week by insisting that it would support an output freeze at the upcoming OPEC meeting in Algeria. The comments upend expectations about…
The oil industry only discovered about 2.7 billion barrels of new supply in 2015, a tiny fraction of the annual average for the past fifty years. The dismal result was…
A glitch interrupted the first-ever U.S. livestream of an oil lease sale on Wednesday, and although it didn’t affect the bidding, this epic fail provided just the right…