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Breaking News:

Algerian Oil Output Unchanged Amid Unrest

Oil Prices Shoot Up On Large Inventory Draw

Oil Prices Shoot Up On Large Inventory Draw

Oil prices rose on Wednesday…

Was 2018 The Peak For Crude Oil Production?

Was 2018 The Peak For Crude Oil Production?

As OPEC production continues to…

Energy / Energy-General

Mexico Scrambles To Save Its Sinking Oil Company

Mexico Scrambles To Save Its Sinking Oil Company

Mar 25, 2019 at 17:46 | Oxford Business Group

On February 15 President Andrés Manuel López Obrador (AMLO) announced the launch of Pemex’s Strengthening Programme, a six-year plan designed to improve the company’s financial position through the liquidation of…

Trump Boosts U.S. Presence In Taiwan Strait

Trump Boosts U.S. Presence In Taiwan Strait

Mar 25, 2019 at 15:26 | Tim Daiss

As Washington and Beijing try to reach a deal after months of disagreement and trade tensions that have impacted not only both countries but the global economy as well as…

World’s 2nd Largest Oil Company Sees Huge Drop In Profit

World’s 2nd Largest Oil Company Sees Huge Drop In Profit

Mar 25, 2019 at 13:01 | Irina Slav

Sinopec reported a 76-percent drop in its latest quarterly profit for October-December 2018, which is the lowest since at least the third quarter of 2016, Reuters reports, citing the…

What’s Keeping Oil From Rallying To $75?

What’s Keeping Oil From Rallying To $75?

Mar 22, 2019 at 18:19 | Nick Cunningham

WTI recently hit $60 per barrel for the first time since November, driven higher by the OPEC+ cuts, as well as by outages in Venezuela and Iran. Those supply cuts…

Oil Markets Ignore Warning Signs Of Looming Recession

Oil Markets Ignore Warning Signs Of Looming Recession

Mar 22, 2019 at 18:15 | Martin Tillier

When you write about financial markets as I do, being a profit of doom can be a good short-term strategy, and that short-term nature makes it an effective one in…

How Big Oil Could Become Big Electricity

How Big Oil Could Become Big Electricity

Mar 22, 2019 at 18:09 | Irina Slav

When Big Oil majors started buying EV charging networks and battery producers, they probably earned some praise for venturing into new business directions away from their increasingly unpopular core business.…

Flurry Of Bearish News Sends Oil Lower

Flurry Of Bearish News Sends Oil Lower

Mar 22, 2019 at 18:09 | Jim Hyerczyk

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading lower on Friday, threatening to erase this week’s gains just one day after the markets hit a four-month…

Could Massive Gas Find Help Boost South Africa’s Economy?

Could Massive Gas Find Help Boost South Africa’s Economy?

Mar 22, 2019 at 18:04 | Haley Zaremba

Total Exploration and Production Southern Africa recently made a massive offshore gas discovery off the coast of Mossel Bay. First reports of the newly discovered Brulpadda well speculate that the…

Can Summer Save LNG Demand?

Can Summer Save LNG Demand?

Mar 22, 2019 at 18:03 | Tim Daiss

In good news for buyers but dismal news for producers and traders, both Asian spot liquefied natural gas (LNG) prices, as well as European spot prices, continue to crash. According…

Poll Shows Americans Support Global Warming Action

Poll Shows Americans Support Global Warming Action

Mar 22, 2019 at 18:03 | Leonard Hyman & William Tilles

The most recent opinion poll on climate change attitudes shows that the public may be more aware of climate issues than many think. Support for international treaties to limit greenhouse…

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