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Breaking News:

IEA: OPEC Can’t Save The Oil Market

Demand Destruction

Demand Destruction Will Decimate Oil Prices

The long-term ramifications of the…

Energy / Energy-General

Shale

U.S. Shale Ready To Fire Back In The Oil Price War

Apr 03, 2020 at 10:39 | Irina Slav

U.S. shale oil companies have started a lobbying campaign with Washington to take a more aggressive stance against Russia and Saudi Arabia to force them to cut oil production, the…

Shale Permian

What Really Caused Oil To Rally By 25%?

Apr 02, 2020 at 18:38 | Nick Cunningham

Oil prices spiked 25 percent on Thursday after President Trump tweeted that Saudi Arabia and Russia would cut production by 10 to 15 million barrels per day (mb/d),…

Oil

The Only Logical End To The Oil War

Apr 02, 2020 at 15:56 | Amad Shaikh

The global oil and gas industry is in a state of utter distress and uncertainty at the moment. At a time where the coronavirus pandemic is decimating oil…

Iraq oil

Iraq On The Brink Of Civil War As Oil Revenues Evaporate

Apr 02, 2020 at 13:54 | Viktor Katona

For many countries, the ongoing oil price depression has brought about a new era of impending economic implosion. Yet no one seems to suffer as much as Iraq nowadays –…

Offshore rig

Oil Majors Rally On Rising Crude Prices

Apr 02, 2020 at 12:49 | Tsvetana Paraskova

Big Oil’s stocks soared on Thursday, following the surge in oil prices after U.S. President Donald Trump said that he hoped and expected that Saudi Arabia and Russia would remove…

Trump

Why A 15 Million Barrel Per Day Cut Will Never Happen

Apr 02, 2020 at 12:00 | Tom Kool

Oil prices exploded on Thursday morning after US President Trump tweeted that he spoke with Saudi Crown Prince Mohammed bin Salman about a…

OPEC flag

Russia: Oil Producing Countries Not Discussing Any New Deal 

Apr 02, 2020 at 09:33 | Tsvetana Paraskova

No one has launched any talks about a potential new oil-production deal to replace the OPEC+ format, Dmitry Peskov, press secretary of Russia’s President Vladimir Putin, said on Thursday, hours after…

Oil Price War

Oil Price War: Is It Game Over For Trump?

Apr 01, 2020 at 18:02 | Nick Cunningham

The U.S. government is trying to convince Russia and Saudi Arabia to end the price war, but the Trump administration has few tools at its disposal. 

Offshore

Oil Prices Hit 20-Year Lows, But These Supermajors Are Hanging On Tight

Apr 01, 2020 at 17:55 | Alex Kimani

Oil punters have been watching unfolding developments in the energy space with bated breath after Saudi Arabia made good on its promise to ramp up production to 12…

Super Contango

Unprecedented Demand Destruction Marks The Return Of The Super Contango

Apr 01, 2020 at 15:59 | Tsvetana Paraskova

These days, every corner of the oil market is “unprecedented”—from the demand destruction to the supply surge and the resulting glut. The oil futures curve is no exception…


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