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Nigeria To Launch Crude Trading at its Commodity Exchange

Nigeria To Launch Crude Trading at its Commodity Exchange

Africa’s biggest oil producer, Nigeria,…

OPEC+ Rules in an Increasingly Tight Oil Market

OPEC+ Rules in an Increasingly Tight Oil Market

The market is growing increasingly…

Energy / Crude Oil

Venezuela At A Crossroads

Jul 03, 2015 at 16:15 | Gonzalo Molina

Venezuela's legislative elections this coming December promise to be a vote of confidence on President Nicolas Maduro's first elected term. If Maduro's Socialist Party can hold onto its 98-seat…

EIA Data Still Diverging From Reality

Jul 03, 2015 at 15:37 | Ron Patterson

The EIA’s, on June 30th, published its Petroleum Supply Monthly. I think their numbers are just way too high. I compared them with the EIA’s Weekly Petroleum Status…

Bakken Production Remains Firm In Spite Of Low Oil Prices

Jul 02, 2015 at 13:35 | Ron Patterson

North Dakota publishes monthly ND Historical Barrels of Oil Produced by County. This data however does not include confidential wells. But they do estimate, by…

Is Saudi Arabia Leaving The U.S. Behind For Russia?

Jul 01, 2015 at 16:54 | Robert Berke

The news from the recent St. Petersburg Economic Forum, which took place from June 18 to 20, inspired a torrent of speculation on the future direction…

EIA Data Still Doesn’t Add Up

Jun 30, 2015 at 15:49 | Leonard Brecken

As initially pointed out by Peakoilbarrel.com in a recent article, discrepancies between actual data for oil production in Texas vs. what the EIA claims are so stark it’s almost…

Top Shale Takeover Targets

Jun 30, 2015 at 14:08 | Michael McDonald

In spite of all the talk about the fall in oil prices leading to greater mergers and acquisitions activity, so far the sector has been relatively…

How U.S. Shale Is Refusing To Bow To Saudi Pressure

Jun 30, 2015 at 12:05 | Soberlook.com

In 2014 the Saudis could no longer accept the loss of crude oil market share as the North American production levels shot up sharply over a…

Brazil A Victim Of Oil Prices And Its Own Hype

Jun 29, 2015 at 16:56 | Nick Cunningham

Low oil prices and a massive scandal in Brazil threaten the country’s ability to fulfill its expected role as a source of future oil growth. Brazil…

The Coming Financial Apocalypse For U.S. Shale

Jun 29, 2015 at 14:43 | Gaurav Agnihotri

With the price of both Brent and WTI hovering around $60 per barrel, the short to medium term outlook for oil remains uncertain, owing to the…

Oil Prices And Producers Trapped In Limbo

Jun 26, 2015 at 16:43 | Dan Dicker

Crude oil has hovered near $60 a barrel since May, a useless price for investors. This uneasy equilibrium needs to be broken before any good can…

The Last Great Unexplored Oil Frontier

Jun 26, 2015 at 16:35 | Editorial Dept

Introduction Australia is emerging as a massive producer of liquefied natural gas (LNG). Several large and high-profile LNG export terminals are scheduled to be completed over…

Latest DOE Report Slams Canada’s Oil Sands

Jun 25, 2015 at 13:20 | Charles Kennedy

Oil from Canada’s oil sands is around 20 percent more carbon-intensive on average than crude from elsewhere. That is the damming conclusion from a forthcoming…

What Would A Saudi-Russian Partnership Mean For World Energy?

Jun 24, 2015 at 17:31 | Gaurav Agnihotri

What happens when two nations, that together account for more than fourth quarter of global oil production, begin collaborating on future energy projects? Russian President Vladimir…

2015 Could Be The Year Of Peak Oil

Jun 23, 2015 at 11:15 | Ron Patterson

The EIA has finally updated their International Energy Statistics with data through February 2015. All data in the charts below are Crude + Condensate and…

Petrobras May Be Selling But Is Anyone Buying?

Jun 22, 2015 at 17:14 | Alexis Arthur

This is not the first time rumors have surfaced around possible energy asset sales in Brazil. But the latest divestment could be the most significant, particularly…

Why A U.S Shale Slowdown Will Hardly Affect Oil Prices

Jun 19, 2015 at 17:41 | Nick Cunningham

Just last week I wrote on the possibility of a renewed downturn in oil prices, owing to the fact that huge volumes of supplies could potentially come online in…

China’s Energy Demand May Not Increase Until 2017

Jun 19, 2015 at 16:58 | Euan Mearns

In this post I revisit the energy production and consumption data for China looking for clues about the future direction of global energy markets. China now…

Canada’s Oil Future Could Be Offshore

Jun 19, 2015 at 15:53 | Editorial Dept

Introduction The election of a new, more leftist politician in the province of Alberta has some Canadian oil companies starting to look to investments outside of…

Texas Production Down, Gas Takes Biggest Hit

Jun 19, 2015 at 10:58 | Ron Patterson

The preliminary Texas RRC Production Data is out this morning. There appears to be a considerable drop in Texas crude oil production in April. All…

Top Three Rebound Stocks In The Permian Shale

Jun 18, 2015 at 16:19 | Michael McDonald

With the oil and natural gas markets stabilized, at least for now, investors should begin considering which companies could emerge from the rubble of the…

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