China is raising from Wednesday…
Ford's price cuts for its…
The Energy Information Administration reported a build in U.S. crude oil inventories of 3.3 million barrels for the week to April 6, double that of API’s estimate for a…
Oil prices soared on Wednesday morning after U.S. President Donald Trump tweeted earlier in the day that Russia would better “get ready” for U.S. missiles in Syria. At 08:33…
Brent crude prices rebounded to $70 per barrel during midday trading on Tuesday as fears of a trade war eased on conciliatory comments from both the U.S. and China. That…
The two U.S. oil supermajors—ExxonMobil and Chevron—have gone through a rough patch over the past three years with the oil price crash that battered company earnings and energy stocks and…
China’s President Xi Jinping calmed trade war fears Tuesday morning, promising to open China's economy and lower tariffs on imported goods. (Click to enlarge)
The price of a Brent barrel surpassed the $70 mark in morning trading on Tuesday, after a rather rocky start to the week. But is $70 Brent here to…
For most of the past 25 years, there was no better investment for income-seeking investors than Master Limited Partnerships (MLPs). That changed with the oil price crash of 2014. Despite…
Saudi Arabia is likely targeting oil prices at $80 a barrel to boost the valuation of its oil giant Aramco ahead of its much-hyped IPO and to help finance increasingly…
The price differential between the two most important crude oil benchmarks is widening again, a reflection of a divergence in the supply fundamentals between the U.S. and the rest of…
The International Monetary Fund (IMF) is calling on the authorities of Guyana to revamp their tax laws for future oil contracts to protect themselves from unbalanced exploitation after massive Exxon…
Good news for Saudi Arabia, but hurdles remain After suffering from plunging global oil prices in 2015 and 2016, Saudi Arabia can take a much-deserved bow over its success, along…
Russia is considering replacing the U.S. dollar in crude oil payments on deals with Turkey and Iran, Energy Minister Alexander Novak said as quoted by RT. According to Novak,…
Energy players operating in the Permian Basin could soon find that lenders are more willing to loan them cash, as the recent oil rally breathes new optimism into an industry…
The International Energy Agency has long received criticism for its energy forecasts, which, as is typical with any long-term projections, often miss the mark. But a new report accuses the…
The most prevalent view regarding future oil supply, as well as total energy supply, seems to be fairly closely related to that expressed by Peak Oilers. Future fossil fuel supply…
Chile is pushing power companies to phase out coal plants following a government announcement earlier this year that the country wouldn’t build coal-fired power plants unless they were equipped with…
Have you been experiencing a sickening feeling? The kind you get when a plane hits some unexpected turbulence, or when the roller coaster you’re on takes that high drop? That’s…
If we listen, we can learn a lot from our children. This morning, as I was driving my teenage son and daughter to school, a story came on the radio…
Friday April 6, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
ConocoPhillips said this week that it has sold non-core assets worth $250 million in the Lower 48 and bought more acreage in Canada for $120 million in a classic sell…