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Is Trump’s Offshore Drilling Plan A Disaster?

Is Trump’s Offshore Drilling Plan A Disaster?

While the rhetoric coming from…

Will U.S. Shale Offset Soaring Global Oil Demand?

Will U.S. Shale Offset Soaring Global Oil Demand?

OPEC has forecasted oil demand…

Energy / Crude Oil

Shell Outsmarts Competition In The Gulf Of Mexico

Shell Outsmarts Competition In The Gulf Of Mexico

Mar 05, 2018 at 14:53 | Tsvetana Paraskova

Mexico’s latest deepwater auction in the Gulf of Mexico at the end of January was a success. It was a success for Shell, too: the Anglo-Dutch oil major snapped up…

Canadian Crude Could Remain ‘Cheap’ For Years To Come

Canadian Crude Could Remain ‘Cheap’ For Years To Come

Mar 05, 2018 at 14:21 | Nick Cunningham

The amount of oil available for export from Canada exceeded its takeaway pipeline capacity by about 310,000 bpd at the end of 2017, forcing steep discounts for Canadian oil. The…

Can Russia & China Rescue Venezuela?

Can Russia & China Rescue Venezuela?

Mar 02, 2018 at 17:19 | Irina Slav

"The imposition of U.S. oil sanctions is now edging closer to reality. Such a move would act as the death knell for Venezuela's oil industry," PVM Oil Associates’ Stephen Brennock said…

Where Do Oil Markets Go After The OPEC Deal?

Where Do Oil Markets Go After The OPEC Deal?

Mar 02, 2018 at 17:11 | Osama Rizvi

Lately, oil markets have been finely balanced. Both the bulls and bears can make a compelling argument for their respective cases. Russia has vowed not to flood the oil…

One Of The World’s Largest Crude Storage Facilities Has Been Emptied

One Of The World’s Largest Crude Storage Facilities Has Been Emptied

Mar 02, 2018 at 16:44 | Matt Smith

I've had some great interactions with readers lately, be it via blog comments or on Twitter. These discussions inevitably spur on a topic or two to dig into. Hence a recent…

Iran Could Lose 500,000 Bpd If Trump Trashes Deal

Iran Could Lose 500,000 Bpd If Trump Trashes Deal

Mar 01, 2018 at 17:35 | Nick Cunningham

Declining oil production from Venezuela is all but assured this year, but another OPEC member presents another supply risk to the market: Iran. Conflict between the U.S. and Iran is…

U.S. Sanctions Could Be The Final Nail In The Coffin For Venezuelan Oil

U.S. Sanctions Could Be The Final Nail In The Coffin For Venezuelan Oil

Mar 01, 2018 at 17:04 | Nick Cunningham

The White House is looking at slapping sanctions on a Venezuelan oil services company while also restricting insurance for oil shipments from the South American country, among other possible measures,…

EIA’s Shocking U.S. Oil Production Predictions

EIA’s Shocking U.S. Oil Production Predictions

Mar 01, 2018 at 10:59 | Robert Rapier

Between 2010 and 2015, annual oil production in the U.S. grew by four million barrels per day (BPD). Production dipped in 2016, but then U.S. crude oil production again rose…

Exxon Withdraws From Most Russian Exploration Projects

Exxon Withdraws From Most Russian Exploration Projects

Mar 01, 2018 at 09:16 | Irina Slav

Exxon has decided to withdraw from most of its joint oil and gas exploration activities with Russian Rosneft, giving in to the pressure of U.S. and EU sanctions against…

U.S. Looks To Dethrone Russia As Top Oil Producer

U.S. Looks To Dethrone Russia As Top Oil Producer

Feb 28, 2018 at 17:40 | Tsvetana Paraskova

Just a few years ago, hardly anyone expected that that the U.S. would be competing with the world’s top oil producers for the number 1 spot. Yet, thanks to the…

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