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A Major Setback Looms For Colorado Shale

A Major Setback Looms For Colorado Shale

November elections in Colorado are…

Oil Prices Fall On Significant Crude Build

Oil Prices Fall On Significant Crude Build

Oil prices fell on Wednesday…

Energy / Crude Oil

Kuwait Oil Production Hits 18-Month High

Kuwait Oil Production Hits 18-Month High

Aug 01, 2018 at 11:09 | Irina Slav

Kuwait is pumping crude at a daily rate of 2.8 million barrels, the most since December 2016, the country’s oil minister Bakheet al-Rashidi said today as quoted by S&P…

Oil Prices Fall After EIA Confirms Crude Inventory Build

Oil Prices Fall After EIA Confirms Crude Inventory Build

Aug 01, 2018 at 09:49 | Irina Slav

After yet another surprise report—this time of an inventory build—from the American Petroleum Institute weighed on prices yesterday, the Energy Information Administration confirmed a build, reporting U.S. crude…

The Texas Oil Boom Isn’t Creating Enough Jobs

The Texas Oil Boom Isn’t Creating Enough Jobs

Jul 30, 2018 at 13:11 | Irina Slav

Texas is witnessing a fresh oil boom with June production hitting 4.3 million bpd, all thanks to two things: efficiency improvements and, of course, oil prices. But not everyone is…

Iraq Security Forces Disperse Oil Field Sit-Ins

Iraq Security Forces Disperse Oil Field Sit-Ins

Jul 30, 2018 at 10:57 | Irina Slav

Iraq’s security troops have dispersed two sit-ins in southern Iraq, one at a key oil field, local media report. The field is West Qurna-1, one of the biggest in…

Saudis Won’t Suspend Oil Exports To The West

Saudis Won’t Suspend Oil Exports To The West

Jul 30, 2018 at 09:09 | Irina Slav

Aramco is unlikely to suspend West-bound crude oil exports after the Houthi missile attacks against two Saudi tankers in the Bab el Mandeb strait, The National reports citing oil…

Coke, Meth And Booze: The Flip Side Of The Permian Oil Boom

Coke, Meth And Booze: The Flip Side Of The Permian Oil Boom

Jul 27, 2018 at 15:34 | Tsvetana Paraskova

The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it’s fueling a subculture of drug and alcohol abuse among oil field workers. The Permian…

Profitability Is Finally Within Reach For U.S. Shale

Profitability Is Finally Within Reach For U.S. Shale

Jul 27, 2018 at 15:33 | Nick Cunningham

The shale industry is on the verge of becoming profitable…for the first time. “Higher prices and operational improvements are putting the US shale sector on track to achieve positive free…

What’s Keeping Investors Away From Energy Stocks?

What’s Keeping Investors Away From Energy Stocks?

Jul 27, 2018 at 15:32 | Dan Steffens

The prices of crude oil and natural gas liquids are much higher than they were a year ago and the outlook for natural gas prices has improved. However, dozens of…

How U.S. Shale Flipped The Script In Global Oil Markets

How U.S. Shale Flipped The Script In Global Oil Markets

Jul 27, 2018 at 15:32 | Robert Rapier

In the previous article, Asia’s Insatiable Oil Demand, I covered global and regional oil consumption numbers according to the recently-released 2018 BP Statistical Review of World Energy. To…

Tight Oil Markets Are Ignoring Supply Risk

Tight Oil Markets Are Ignoring Supply Risk

Jul 26, 2018 at 15:18 | Cyril Widdershoven

The global oil market is once again in flux as geopolitics and regional conflicts take an increasingly heavy toll on oil supplies. Since the OPEC meeting in Vienna, warning signs…

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