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Energy / Crude Oil

Oil Output Cuts May Be Coming But Don’t Bet on It

Oil Output Cuts May Be Coming But Don’t Bet on It

Nov 30, 2018 at 16:49 | Martin Tillier

As I write, the world’s leaders are meeting at the G20 summit in Argentina. There are, as always, lots of story lines surrounding the meeting, some financial in nature such…

New Breakthrough Will Change How Oil Reserves Are Measured

New Breakthrough Will Change How Oil Reserves Are Measured

Nov 30, 2018 at 16:04 | Brian Westenhaus

A Massachusetts Institute of Technology team of researchers has taken the first three-dimensional images of kerogen’s internal structure, with a level of detail more than 50 times greater than has…

Oil Prices Set To Book Worst Month In A Decade

Oil Prices Set To Book Worst Month In A Decade

Nov 30, 2018 at 10:46 | Tsvetana Paraskova

Oil prices dropped early on Friday, on course to finish their worst month since 2008, as fears of oversupply and slowing demand growth dragged oil down into a bear market…

The Biggest Winners Of The Oil Price Slump

The Biggest Winners Of The Oil Price Slump

Nov 29, 2018 at 10:23 | Irina Slav

Brent crude has sunk to US$60 a barrel with WTI down to US$52 and, not surprisingly, talk about Brent hitting US$100 a barrel by the end of the year is…

Is The Saudi-Russia Oil Bromance At Risk?

Is The Saudi-Russia Oil Bromance At Risk?

Nov 29, 2018 at 09:15 | Tsvetana Paraskova

A week before OPEC and allies meet in Vienna to discuss a new oil production cut, the market is still wondering whether the leaders of the OPEC and non-OPEC nations—Saudi…

Oil Falls On Crude Inventory Build

Oil Falls On Crude Inventory Build

Nov 28, 2018 at 09:45 | Irina Slav

Crude oil prices slipped further down today after the Energy Information Administration reported crude oil inventories for the week to November 23 had added 3.6 million barrels. That’s compared…

How Much Oil Production Will The Saudis Cut?

How Much Oil Production Will The Saudis Cut?

Nov 27, 2018 at 17:15 | Nick Cunningham

Donald Trump continues to take credit for lowering oil prices. So great that oil prices are falling (thank you President T). Add that, which is…

The Oil Powerhouses Replacing OPEC

The Oil Powerhouses Replacing OPEC

Nov 27, 2018 at 17:10 | Irina Slav

Three countries currently account for close to 40 percent of global crude oil production and only one of these countries is a member of the Organization of Petroleum Exporting Countries.…

Stopping Syria’s Oil Smuggling Scheme

Stopping Syria’s Oil Smuggling Scheme

Nov 27, 2018 at 16:43 | Vanand Meliksetian

The civil war in Syria has resulted in government-controlled areas being deprived of domestic oil. Before the war, Eastern Syria produced 95 percent of the country’s oil. Today, Syrian government…

The Biggest Losers Of The Current Oil Price Slump

The Biggest Losers Of The Current Oil Price Slump

Nov 27, 2018 at 15:26 | Richard Talley

The ongoing slump in oil prices, which has seen crude fall so sharply from the 52-week high set in October that $1 trillion has been wiped off energy stocks,…

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