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This Unexpected Move Could Derail Mexico’s Oil Boom

This Unexpected Move Could Derail Mexico’s Oil Boom

A possibly disastrous move from…

OPEC Looks To Permanently Expand The Cartel

OPEC Looks To Permanently Expand The Cartel

OPEC Secretary General Mohamed Barkindo…

Energy / Crude Oil

Oil Price Rally Accelerates Shale Boom In Argentina

Oil Price Rally Accelerates Shale Boom In Argentina

Sep 29, 2017 at 09:49 | Haley Zaremba

The Argentinian energy and mining minister Juan Jose Aranguren has announced that the South American nation will be suspending its system of set domestic fuel prices next month, allowing…

Citi: An Oil Supply Squeeze Is Inevitable

Citi: An Oil Supply Squeeze Is Inevitable

Sep 28, 2017 at 16:44 | Irina Slav

It’s somewhat tradition for oil analysts to produce a flurry of new forecasts after every sharp move in prices, and the latest rally in WTI and Brent is no exception.…

The Driving Forces Behind Today’s Oil Markets

The Driving Forces Behind Today’s Oil Markets

Sep 28, 2017 at 12:57 | Osama Rizvi

The oil market is arguably the most fickle market in the world… One day it might set new records for bullishness, the next we might see it plummet into bear-territory.…

Expect Strong Crude Draws As Refineries Recover

Expect Strong Crude Draws As Refineries Recover

Sep 28, 2017 at 11:51 | Matt Smith

It is now a little over a month after Hurricane Harvey made landfall on the US Gulf Coast. While some refineries are still in the process of ramping up activities,…

Ghana Doubles Energy Revenue With Increased Oil Production

Ghana Doubles Energy Revenue With Increased Oil Production

Sep 28, 2017 at 10:09 | Oxford Business Group

A report from the central bank shows that Ghana’s state oil revenues more than doubled between the second half of 2016 and the first half of this year, from $93.4m…

US Shale, End Of OPEC Cuts Could Stifle Oil Prices In 2018

US Shale, End Of OPEC Cuts Could Stifle Oil Prices In 2018

Sep 27, 2017 at 14:49 | Tsvetana Paraskova

Although current supply and demand fundamentals point to a possible rise in oil prices by the end of 2017, next year’s supply will likely outgrow demand and depress oil…

Oil Prices Rise Further On Falling Crude Inventories

Oil Prices Rise Further On Falling Crude Inventories

Sep 27, 2017 at 09:47 | Irina Slav

As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000-barrel draw in U.S.…

Hedge Funds See Further Upside For WTI

Hedge Funds See Further Upside For WTI

Sep 26, 2017 at 16:04 | Tsvetana Paraskova

Robust oil demand growth and reduced global stockpiles have instilled confidence in the oil market lately. Signs that the OPEC cuts have finally started to work—with Brent futures now in…

Africa’s Richest Man: Oil Is Not The Way Forward

Africa’s Richest Man: Oil Is Not The Way Forward

Sep 26, 2017 at 15:53 | Irina Slav

The richest man in Africa says crude oil prices would do Nigeria a favor if they stay lower for longer. Last week at the UN General Assembly, Nigerian billionaire Aliko…

As OPEC Compliance Peaks, Can The Drawdowns Continue?

As OPEC Compliance Peaks, Can The Drawdowns Continue?

Sep 25, 2017 at 16:07 | Tsvetana Paraskova

Since it agreed to production cuts, OPEC stated that its mission is to see the oil futures curve flip from contango to backwardation as part of its work to erase…

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