Asking developong nations to stop…
Saudi Arabia’s oil giant, in…
Oil prices have traded relatively flat on Tuesday morning, despite bullish news continuing to mount. (Click…
The world’s largest independent commodity trader, Vitol, expects global oil demand to peak after 15 years, essentially putting the ‘peak oil demand’ date somewhere in the mid-2030s like other key…
The province of Alberta is further relaxing the production cap it imposed in January in an effort to prop up Canadian oil prices. Alberta is now increasing the limits…
Oil prices have already hit four-month highs, forcing a range of analysts to overhaul their expectations for this year. “The latest Brent rally has brought prices to our peak forecast…
The long-chronicled pipeline woes in Canada continue to bedevil the oil industry. Now, major Canadian companies are holding back on upstream production expansions because of the inability to ship oil…
Over the past few months, oil market participants and analysts focused on OPEC’s production cuts, soaring U.S. shale output, the U.S.-China trade dispute, projections of slowing oil demand growth, and…
Oil prices were slightly up early on Monday as the market was assessing the news that a panel of the OPEC+ allies is recommending that partners cancel a scheduled extraordinary…
The crisis in Venezuela threatens to disrupt the global oil market, but OPEC has a much stronger base of spare capacity that offers a “supply cushion,” according to a new…
The oldest debate in trading and investing is the relative merit of technical versus fundamental analysis. Most technical analyses are, at their heart, about identifying points at which support and…
A major challenge for Central Asia’s oil and natural gas industry has always been how to transport petroleum products from the landlocked region to global markets. That issue resurfaced last week…
The oil price crash of 2014 and the global ‘digitalization and disruption’ drive coincided in a rather bizarre way to push the oil industry to seek cost cuts through innovation…
Canada is lagging behind other oil producers in tapping its offshore oil and gas resources because of the moratorium on drilling in its Arctic waters in place since 2016 and…
New natural gas discoveries in the Eastern Mediterranean might be a boon for the European Union’s efforts to move away from dependence on Russian energy supplies. In the current complex…
OPEC (plus Russia) is meeting in Baku this weekend, and the Saudis are playing a delicate balancing act—not only disappointed in Trump’s less aggressive tactics against Iran, but also disappointed…
Growing instability in Venezuela, and the potential of a slowdown in U.S. shale, has pushed oil prices up to multi-month highs this week.
The the number of active oil and gas rigs in the U.S. fell once again this week according to Baker Hughes, as oil production fell for the first week this…
Production outages and Iran and Venezuela will tip the global oil market into a shortage during the second quarter, the International Energy Agency said in the new edition of its…
Oil prices jumped to their highest level since November this week, and the Trump administration deserves a lot of the credit. Sanctions on Iran and Venezuela together have combined to…
Amid signals that the U.S. and China have made some progress in trade negotiations in recent weeks, China has tentatively resumed buying U.S. commodities – something it had stopped doing…
The oil industry has suddenly grown concerned about its methane emissions. In Houston, Shell executives urged the EPA to stick with federal regulations on methane. EOG Resources has agreed…