Standard Chartered: global demand will…
The US achieved record-breaking oil…
The spread between two key oil benchmarks vanished for the first time in over a year and a half. On January 13, WTI briefly traded higher than Brent crude,…
The EIA has just released their Short-Term Energy Outlook for January. They have now included their predictions for 2016. Here is what they expect for US C+C. I have…
U.S. airstrikes launched on August 23 signaled the start of Operation Inherent Resolve. This is intended to eliminate the Islamic State terrorist group and the threat it poses to Iraq,…
Lost amid all the media buzz over the push in the new U.S. Congress to approve the Keystone XL pipeline are the seeds of a major energy policy overhaul. Attached…
This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue…
As the world’s number one energy consumer China is enjoying the low prices while they last. Never one to settle however, China is finding still more ways to take advantage…
The Cornucopians are exuberant, they believe that collapsing of oil prices dealt the death knell for peak oil. An oil glut, they say, is what we have, not peak oil.…
What will it take for oil prices to rise? Oil companies have little incentive to turn off the taps, given that low oil prices are providing…
This post is an update on total Light Tight Oil (LTO) extraction from Bakken in North Dakota based upon actual data as of October 2014 from North Dakota Industrial Commission…
In 2008, as money rushed out of the oil market and prices continued to collapse, a bottom for oil was nearly impossible to find. But one commercial factor gave a…
When the general mood in a market is gloomy and the bears have the upper hand, even good news can get overlooked, or rather overpowered. For…
Another week, another impressive fall in oil prices. There have been a series of psychological thresholds through which oil prices have crashed over the past few months. In the beginning…
Ever since the Republican Party gained control of both houses of Congress, Mitch McConnell, then the Senate minority leader and now its majority leader, has promised repeatedly that approval of…
The most attention-grabbing attempts to predict oil futures have come from geologists and environmental activists, who tend to look solely at production. An overlooked doctoral thesis by Christophe McGlade,
Washington has expanded opportunities for US oil producers to export lightly processed crude, known as condensate, despite a ban that’s nearly 40 years old. The US Commerce Department’s Bureau of…
Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and…
The federal government is about to issue landmark regulations aimed at slashing methane emissions from oil and gas operations. The Environmental Protection Agency’s regulations could come along with several…
As hard as it may be to imagine, given today’s rock bottom oil prices and abundant supplies, the world may still struggle to bring enough oil online over the next…
British-based BP is negotiating with Russia’s Rosneft to buy a stake in an oil field in eastern Siberia, according to multiple sources with direct knowledge of the talks who spoke…
Tensions along the border between Democratic Republic of Congo (DRC) and Uganda have risen over the last decade,…