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Oil Price Rally Revives Offshore Oil Sector

Oil Price Rally Revives Offshore Oil Sector

The offshore sector was one…

Energy / Crude Oil

Is China Turning Trump's Oil Weapon Against Him?

Is China Turning Trump's Oil Weapon Against Him?

Oct 02, 2018 at 10:34 | Tim Daiss

Usually when referring to the so-called oil weapon, analysts are talking about the decades old policy of major oil producing nations withholding production to tighten supplies and drive prices up,…

Kuwait Stops Exporting Crude To U.S.

Kuwait Stops Exporting Crude To U.S.

Oct 02, 2018 at 09:20 | Irina Slav

Kuwait has not sent any crude oil to the United States for at least four weeks, EIA’s weekly petroleum reports for the last four weeks, which also include a…

Underwhelming OPEC Fuels Oil Price Rally

Underwhelming OPEC Fuels Oil Price Rally

Oct 01, 2018 at 17:49 | Nick Cunningham

Oil prices rose on Monday on news that OPEC only added a modest amount of additional supply to the market in September, contrary to previous expectations. Saudi Arabia had

The Oil Industry Needs Large New Discoveries, Very Soon

The Oil Industry Needs Large New Discoveries, Very Soon

Oct 01, 2018 at 17:08 | Tsvetana Paraskova

Market participants and analysts are all focused on the imminent oil supply gap that is opening with the U.S. sanctions on Iran just five weeks away. But beyond the shortest…

Who Will Save Ukraine’s Dying Refineries?

Who Will Save Ukraine’s Dying Refineries?

Oct 01, 2018 at 12:48 | Viktor Katona

Ever since war broke out in Eastern Ukraine, the energy industry has been guessing what will happen to Ukraine’s gas transit and its transmission system. In the background, however,…

Saudi Arabia, Kuwait Discuss New Oil Production In Neutral Zone

Saudi Arabia, Kuwait Discuss New Oil Production In Neutral Zone

Oct 01, 2018 at 10:49 | Irina Slav

Saudi Arabia’s Crown Prince Mohammed has discussed the restart of crude oil production in the neutral zone between Saudi Arabia and Kuwait during a meeting with Kuwait’s Emir Sheikh Sabah…

Ignore The Hype – Oil Prices Aren’t Going Back To $100

Ignore The Hype – Oil Prices Aren’t Going Back To $100

Sep 28, 2018 at 17:37 | Arthur Berman

The breakout in Brent crude prices above $80 this week has prompted analysts at the sell side banks to start talking about a return to $100 a barrel oil. Even President…

How Much Spare Capacity Does Saudi Arabia Really Have?

How Much Spare Capacity Does Saudi Arabia Really Have?

Sep 28, 2018 at 17:37 | Nick Cunningham

Saudi Arabia has pledged to cover any supply gap that may emerge as Iranian oil goes offline, but how much spare capacity does it really have? The massive reserve of…

Refiners Struggle To Adapt To The Shale Boom

Refiners Struggle To Adapt To The Shale Boom

Sep 28, 2018 at 17:37 | Irina Slav

U.S. shale production is at record highs and the momentum is still not over. A lot has been said about the energy self-sufficiency implications of this trend, but there’s something…

Why A U.S. SPR Release Would Not Matter

Why A U.S. SPR Release Would Not Matter

Sep 27, 2018 at 16:32 | Nick Cunningham

The decision by OPEC+ to essentially let Brent crude rise above $80 per barrel, a four-year high, was met with outrage by U.S. President Trump. At the UN General…

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