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Breaking News:

WTI Slides On Huge Crude Inventory Build

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Why U.S. Shale Will Survive The Oil Price War

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Energy / Crude Oil

Oil Market Forecast & Review 25th January 2013

Oil Market Forecast & Review 25th January 2013

Jan 25, 2013 at 12:59 | Editorial Dept

An improving global economy and stronger demand for higher risk assets helped drive crude oil futures higher this week. Although the market looked sluggish at times due to technically overbought…

Big Taxes, Big Oil

Big Taxes, Big Oil

Jan 24, 2013 at 17:02 | Daniel J. Graeber

A policy report from the scholars at The Brookings Institution finds that a surge in U.S. oil and natural gas production is a "bright spot" in the nation's economy. In…

"Peak Oil" Impacting Norwegian and Saudi 2013 Production?

"Peak Oil" Impacting Norwegian and Saudi 2013 Production?

Jan 23, 2013 at 16:46 | John Daly

While it is hard to ramp up much sympathy for petro-states, Norway and Saudi Arabia are both facing a murky 2013 as domestic production falls, pushing both nations towards some…

The Unexpected Boom in US Oil Production

The Unexpected Boom in US Oil Production

Jan 23, 2013 at 16:34 | Robert Rapier

A few years ago, I made the observation that the best thing that could happen to mitigate against some of the potentially severe consequences of peak oil was for oil…

EU Fears a US Shale Oil Boom could Make Competition Impossible

EU Fears a US Shale Oil Boom could Make Competition Impossible

Jan 23, 2013 at 16:29 | Environmental News Network

A US industrial boost following its ability to tap abundant shale gas reserves is provoking fears that imperilled energy-intensive European businesses will find it harder than ever to compete.

The Coming Oil War in Iraq: Part II

The Coming Oil War in Iraq: Part II

Jan 22, 2013 at 16:50 | Daniel J. Graeber

The Turkish energy minister confirmed that oil was flowing again through the Kirkuk-Ceyhan pipeline from northern Iraq following an attack on the transit network. The separatist Kurdistan Workers' Party has…

Why Shale Oil is not the Game Changer we Have Been Led to Believe - Part 2

Why Shale Oil is not the Game Changer we Have Been Led to Believe - Part 2

Jan 22, 2013 at 16:42 | Chris Martenson

…continued from part 1Where We Are, in Three Simple ChartsOne narrative that is being heavily marketed right now is that the shale plays are true…

Tapping into Pakistan's Massive Oil and Gas Reserves

Tapping into Pakistan's Massive Oil and Gas Reserves

Jan 18, 2013 at 12:18 | Editorial Dept

Pakistan’s Tribal Areas (FATA) and Frontier Regions (FR) are believed to have massive reserves of oil and natural gas—which Pakistani officials have suddenly become very keen to demonstrate. But this…

Oil Exports, Politics and Propaganda

Oil Exports, Politics and Propaganda

Jan 17, 2013 at 17:23 | Jen Alic

Iran is one of the world’s top fuel oil exporters, despite sanctions; the US is poised to overtake Saudi Arabia in terms of “hydrocarbon” production; Pakistan has enough oil to…

Why Shale Oil is Not the Game Changer We Have Been Led to Believe - Part 1

Why Shale Oil is Not the Game Changer We Have Been Led to Believe - Part 1

Jan 17, 2013 at 17:17 | Chris Martenson

There has been a very strong and concerted public-relations effort to spin the recent shale energy plays of the U.S. as complete game-changers for the world energy outlook.  These efforts…


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