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Breaking News:

Oil Stabilizes On Small Crude Draw

Small Crude Build Sends Oil Lower

Small Crude Build Sends Oil Lower

Oil prices continued to fall…

Energy / Crude Oil

The Single Most Bullish Indicator For Oil

The Single Most Bullish Indicator For Oil

May 20, 2019 at 11:01 | Alex Kimani

Oil prices have gone through a significant correction over the past few weeks, with WTI crude dropping from a six-month high of $66.30/barrel on April 23 to…

OPEC Considers Extending Production Cuts Till End-2019

OPEC Considers Extending Production Cuts Till End-2019

May 20, 2019 at 09:21 | Irina Slav

OPEC and its partners may decide to keep the oil production cuts until the end of the year as the cartel fears a steep price drop if cuts were to…

Why Oil Is Still Underpriced

Why Oil Is Still Underpriced

May 17, 2019 at 16:54 | Nick Cunningham

Oil prices seesawed over the past week, jerked higher by tension in the Middle East but dragged down by fears of the fallout from the U.S.-China trade war. In fact,…

Iran’s Trick To Sell Oil For A 30% Premium

Iran’s Trick To Sell Oil For A 30% Premium

May 17, 2019 at 16:52 | Simon Watkins

Given the U.S.’s deployment earlier this month of an aircraft carrier battle group to the Persian Gulf and comments that it may send up to 120,000 troops to…

Global Oil Shipping Concerns Rise Over Middle East Tensions

Global Oil Shipping Concerns Rise Over Middle East Tensions

May 17, 2019 at 16:44 | Tim Daiss

While global oil markets are accustomed to factoring geopolitical uncertainty into oil prices, this kind of geopolitical fallout hasn’t been seen for a number of years. The world’s largest oil…

Stalemate In Libya Could Cause Next Major Oil Supply Outage

Stalemate In Libya Could Cause Next Major Oil Supply Outage

May 16, 2019 at 17:53 | Nick Cunningham

The fighting in Libya has devolved into a protracted stalemate, which does not bode well for the country’s oil production. General Khalifa Haftar and his militia, the Libyan National Army…

Mystery Tanker With Iranian Oil Unloads In China

Mystery Tanker With Iranian Oil Unloads In China

May 16, 2019 at 12:47 | Irina Slav

A tanker carrying Iranian fuel oil has reached its destination at a Chinese port and has unloaded its cargo in storage tanks, Reuters reports, citing shipping data. The shipment…

No, The Oil Glut Hasn’t Disappeared

No, The Oil Glut Hasn’t Disappeared

May 16, 2019 at 10:58 | Nick Cunningham

Global oil demand may be a bit lower this year than previously thought, weighed down by weaker consumption rates in emerging markets. The International Energy Agency lowered its demand growth…

Undeterred By Peak Oil, Saudis Look To Become World’s Largest Oil Trader

Undeterred By Peak Oil, Saudis Look To Become World’s Largest Oil Trader

May 15, 2019 at 17:50 | Tsvetana Paraskova

Saudi Arabia’s state oil giant Aramco says that it doesn’t believe all the ‘peak oil demand hype’ and expects that its crude oil will be in high demand for decades…

Putin Could Cut His Loss As Venezuelan Oil Output Nosedives

Putin Could Cut His Loss As Venezuelan Oil Output Nosedives

May 15, 2019 at 17:45 | Nick Cunningham

Venezuela’s oil production held up last month, but appears to be falling off a cliff once again. Output in Venezuela rebounded a bit in April, following the horrific electricity…


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