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Energy / Crude Oil

Who Gets Hold Of Russia’s Key Oil Hub?

Who Gets Hold Of Russia’s Key Oil Hub?

Jun 15, 2018 at 16:51 | Viktor Katona

One of Russia’s most important oil ports, the sunlit Novorossiysk, has become a battleground for the country’ state-owned companies. Located in the ice-free Tsemesskaya Bay, Novorossiysk is used to stormy…

240,000 Bpd Offline Following Clashes In Libya

240,000 Bpd Offline Following Clashes In Libya

Jun 15, 2018 at 10:01 | Irina Slav

Continuing clashes between the Libyan National Army and rival militant groups have cut Libya’s oil production by 240,000 bpd, prompting the shutdown of Libya’s two biggest oil ports, Es Sider…

U.S. Shale, OPEC To Discuss Market Balance In Vienna

U.S. Shale, OPEC To Discuss Market Balance In Vienna

Jun 15, 2018 at 09:22 | Irina Slav

As everyone watches OPEC and Russia ahead of their meeting in Vienna next week, it’s easy to miss the fact that this is not the only meeting that will set…

The Bullish And Bearish Case For Oil

The Bullish And Bearish Case For Oil

Jun 14, 2018 at 17:10 | Nick Cunningham

Oil prices are in a holding pattern as we await the outcome of the OPEC+ meeting in a few days, and while the result of that meeting will almost completely…

Shale Drillers’ $7 Billion Hedging Error

Shale Drillers’ $7 Billion Hedging Error

Jun 14, 2018 at 16:28 | Tsvetana Paraskova

Oil producers are finding themselves in kind of a pickle. While oil prices are indeed on the rise, many producers are unable to take full advantage of this nicety because…

India, China Look To Form ‘Oil Buyers Club’

India, China Look To Form ‘Oil Buyers Club’

Jun 14, 2018 at 16:14 | Tsvetana Paraskova

India and China have discussed creating an ‘oil buyers’ club’ to be able to negotiate better prices with oil exporting countries and will be looking to import more U.S. crude…

Petrochemicals: The Future For Big Oil

Petrochemicals: The Future For Big Oil

Jun 14, 2018 at 13:54 | Irina Slav

Plastics and petrochemicals are the future of Big Oil - there is hardly any question about that if by future we mean the distant future. There is still no consensus…

Libya’s Es Sider Terminal Shuts Down After Militant Clashes

Libya’s Es Sider Terminal Shuts Down After Militant Clashes

Jun 14, 2018 at 09:34 | Irina Slav

The Es Sider oil export terminal in Libya was shut down and loadings at another one, Ras Lanuf, were suspended today after clashes between the Libyan national Army and the…

IEA: Oil Prices Could Rise Further As Shale Can’t Fill The Gap

IEA: Oil Prices Could Rise Further As Shale Can’t Fill The Gap

Jun 13, 2018 at 17:55 | Nick Cunningham

U.S. shale will continue its breakneck growth rate into 2019, despite bottlenecks, but the oil market still faces serious supply risks from the potential losses from Venezuela and Iran, the…

The Decisive Battle For Yemen’s Oil Port

The Decisive Battle For Yemen’s Oil Port

Jun 13, 2018 at 17:21 | Cyril Widdershoven

An Arab coalition, led by Saudi Arabia and the UAE, have started their expected military assault on the Yemeni port of Hodeidah. This military operation will most probably decide the…

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