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IEA Pours Cold Water Over OPEC+ Optimism

IEA Pours Cold Water Over OPEC+ Optimism

While OPEC has dominated headlines…

Energy / Crude Oil

Trump's Plan To Send U.S. Oil Majors To Syria Sparks Outrage

Trump's Plan To Send U.S. Oil Majors To Syria Sparks Outrage

Oct 28, 2019 at 10:24 | Irina Slav

A suggestion by President Donald Trump to send U.S. Big Oil companies in Syria to manage its oil fields has sparked outrage among both energy and legal experts, Reuters

Is U.S. Shale Circling The Drain?

Is U.S. Shale Circling The Drain?

Oct 25, 2019 at 17:31 | Tsvetana Paraskova

‘Significant production slowdown’ is all around the headlines about the U.S. shale patch these days. Yet, the headlines have often missed one growing problem in the U.S. oil industry—the…

Oil Rig Count Plunges To Lowest Level Since 2017

Oil Rig Count Plunges To Lowest Level Since 2017

Oct 25, 2019 at 12:14 | Julianne Geiger

The US oil and gas rig count fell sharply this week, according to Baker Hughes, with a drop of 25 rigs for the week. This week marks nine decreases out…

Trump Surrenders 2.5 Billion Barrels Of Oil To Syria

Trump Surrenders 2.5 Billion Barrels Of Oil To Syria

Oct 23, 2019 at 17:18 | Charles Kennedy

The American president just gifted 2.5 billion barrels of oil to long-time Syrian enemy Bashar Al-Assad and, by default, Iran and Russia. As far as gifts go, it was both…

How Much Oil Is Up For Grabs In Syria?

How Much Oil Is Up For Grabs In Syria?

Oct 23, 2019 at 10:58 | ZeroHedge

Though it's as yet uncertain whether the Pentagon is actually going to execute the plan, Trump is mulling keeping a small US troop contingency in Syria in order to "secure…

OPEC Forced To Consider Production Cuts As Bearish Pressure Mounts

OPEC Forced To Consider Production Cuts As Bearish Pressure Mounts

Oct 22, 2019 at 16:00 | Julianne Geiger

OPEC will consider at its December meeting instituting even deeper production cuts, OPEC sources told Reuters today, even though not everyone in the group is complying to the existing…

The U.S. Smashes Another Oil Export Record

The U.S. Smashes Another Oil Export Record

Oct 22, 2019 at 13:30 | Tsvetana Paraskova

Growing U.S. crude oil production and exports have resulted in America selling oil to more destinations around the world than the number of countries from which it imports crude oil,…

Dreams Of An Aramco IPO Are Fading Fast

Dreams Of An Aramco IPO Are Fading Fast

Oct 22, 2019 at 10:12 | ZeroHedge

Once again reports are out that Saudi Aramco is said to be pushing its mammoth IPO top completed by the end of this year (reportedly relying more on Saudi and MidEast regional…

The Best Way To Invest In Modern Day Oil Exploration

The Best Way To Invest In Modern Day Oil Exploration

Oct 18, 2019 at 16:51 | Alex Kimani

Although modern oil companies operate in a very different world from that of the villainous oil baron JR Ewing, the fictional Texan character can still offer investors some inspiration or…

The End Of The Asian Oil Product Glut

The End Of The Asian Oil Product Glut

Oct 18, 2019 at 10:17 | Tsvetana Paraskova

One of the world’s top commodity traders, Trafigura, expects the Asia Pacific region to have a deficit of refined oil products by 2025, despite the current fuel glut and despite…

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