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OPEC Oil Exports Jump Ahead Of Meeting

OPEC Oil Exports Jump Ahead Of Meeting

OPEC countries saw their total…

Shale Drillers May Cut Capex As Oil Falls To $50

Shale Drillers May Cut Capex As Oil Falls To $50

Shale drillers might spend less…

Energy / Crude Oil

Three Reasons Why LNG Prices In Asia Are Plunging

Three Reasons Why LNG Prices In Asia Are Plunging

Nov 27, 2018 at 11:32 | Tim Daiss

Prices for liquefied natural gas (LNG) remain weak going into what forecasters are claiming will be a warmer than usual winter season in the Northern Hemisphere. In fact, last week…

How Much Does OPEC Need To Cut To Balance The Market?

How Much Does OPEC Need To Cut To Balance The Market?

Nov 27, 2018 at 09:37 | Irina Slav

OPEC will probably agree to cut production to the tune of between 1 and 1.5 million bpd, analyst Johannes Benigni from Austrian JBC Energy Group told CNBC, adding there was…

How President Trump Is Undermining U.S. Oil Producers

How President Trump Is Undermining U.S. Oil Producers

Nov 26, 2018 at 15:53 | Robert Rapier

President Trump recently took credit for the plunge in oil prices since early October. As I noted in a recent article, it’s true that the President’s actions have contributed…

The Real Effect Of Iran Sanction Waivers

The Real Effect Of Iran Sanction Waivers

Nov 26, 2018 at 13:14 | Irina Slav

On the day U.S. sanctions against Iran went into effect, Brent crude traded at US$72.68 a barrel. Today, three weeks later, Brent is down to US$59.59 a barrel and President…

Brazil Eyes $30 Billion Offshore Oil Boom

Brazil Eyes $30 Billion Offshore Oil Boom

Nov 26, 2018 at 11:41 | Tsvetana Paraskova

Over the past few years, Brazil has held several very successful oil auctions under production-sharing contracts in its pre-salt layer, attracting major oil companies to its prized offshore oil area.…

Saudi Oil Output Hits Record High In November

Saudi Oil Output Hits Record High In November

Nov 26, 2018 at 10:37 | Tsvetana Paraskova

Saudi Arabia’s oil production has been at a record high this month—at between 11.1 million bpd and 11.3 million bpd in some days in November, an industry source familiar with…

Can OPEC+ Halt The Oil Price Slide?

Can OPEC+ Halt The Oil Price Slide?

Nov 25, 2018 at 08:34 | Nick Cunningham

Oil prices continue to plumb new depths, but some analysts think the selloff has gone too far. Brent prices fell to $62 per barrel by mid-week, hitting nearly a one-year…

Can Oil Solve Washington’s Syria Dilemma?

Can Oil Solve Washington’s Syria Dilemma?

Nov 22, 2018 at 11:43 | Vanand Meliksetian

In the past seven years Syrian cities have been reduced to rubble, thousands have lost their lives, but the main objective of the U.S. and its allies to remove Bashar…

What Explains The Sudden Plunge In Iranian Oil Exports?

What Explains The Sudden Plunge In Iranian Oil Exports?

Nov 22, 2018 at 11:02 | Tsvetana Paraskova

Iran’s tracked oil exports in November plummeted by several hundred thousand barrels per day compared to October, as many Iranian customers hadn’t nominated barrels amid uncertainty whether they would get…

The Wildcard In OPEC's Next Deal

The Wildcard In OPEC's Next Deal

Nov 21, 2018 at 17:13 | Irina Slav

When last week news broke that Libya’s UN-recognized government and the eastern rival government might just be willing to settle their differences and hold elections early next year, its…

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