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The Least Compliant Country In The OPEC Deal

The Least Compliant Country In The OPEC Deal

Kazakhstan committed to cutting production…

Energy / Crude Oil

U.S. Oil Has One Fatal Weakness

U.S. Oil Has One Fatal Weakness

Nov 28, 2017 at 14:42 | Tsvetana Paraskova

U.S. crude oil production is again on the rise, and exports of American crude are smashing records. But most of the U.S. oil production is light tight oil, and American…

IEA Boss Sees Oil Markets Tighten In 2018

IEA Boss Sees Oil Markets Tighten In 2018

Nov 28, 2017 at 11:47 | Irina Slav

Global oil markets may tighten in the second half of next year as long as demand remains strong and OPEC and its partners in the production cut agreement extend it,…

Goldman: OPEC Deal Far From Certain

Goldman: OPEC Deal Far From Certain

Nov 28, 2017 at 11:01 | Irina Slav

Goldman Sachs has warned that the outcome of OPEC’s meeting with its partners in the oil production cut this Thursday is uncertain, heightening oil market volatility further. In a…

WTI Slips As TransCanada Restarts Keystone

WTI Slips As TransCanada Restarts Keystone

Nov 28, 2017 at 09:10 | Irina Slav

TransCanada has announced has restarted its Keystone oil pipeline today under reduced pressure, after the Pipeline and Hazardous Materials Safety Administration reviewed the company’s repair and restart plans.…

OPEC’s Most Unpredictable Member

OPEC’s Most Unpredictable Member

Nov 24, 2017 at 14:36 | Tsvetana Paraskova

This time last year, Iraq was asking OPEC to be exempt from the oil production cuts because it desperately needed revenues to fund the fight against Islamic State. Iraq failed…

U.S. Energy To See Huge Investments From China

U.S. Energy To See Huge Investments From China

Nov 24, 2017 at 14:36 | Tsvetana Paraskova

During President Trump’s visit to China, the U.S. signed US$250 billion worth of potential trade and investment deals that would boost American exports to China and Chinese investment in…

How To Play The Calm Before The OPEC Storm

How To Play The Calm Before The OPEC Storm

Nov 24, 2017 at 14:35 | Dan Dicker

The potential result of November 30th’s OPEC meeting is dominating oil trading and oil stocks for the next week, so while we continue to digest our Thanksgiving turkey and wait…

Oil Major: 70% Of Crude Can Be Left In The Ground

Oil Major: 70% Of Crude Can Be Left In The Ground

Nov 24, 2017 at 11:46 | Nick Cunningham

Canada’s oil sands are too dirty to be produced, and should probably stay in the ground. That has long been the sentiment of environmental groups, but it is also gaining…

U.S. Boosts Oil Exports To Key Asian Markets

U.S. Boosts Oil Exports To Key Asian Markets

Nov 24, 2017 at 11:00 | Irina Slav

U.S. crude oil exports to Asia last week hit the highest in two months, and the second-highest on record, at 877,000 bpd, according to data from Kpler. There has been…

OPEC Will Extend The Cut

OPEC Will Extend The Cut

Nov 23, 2017 at 12:02 | Zainab Calcuttawala

There will be an OPEC deal extension—no matter the public tussling between opposing forces in the industry cartel—if the world’s largest oil producers are really determined to end the supply…

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