The United States has initiated…
India is set to import…
While it is cutting more than required in the OPEC deal, Saudi Arabia is not ceding its grip on its biggest Asian market—Japan—and is raising market share by selling more…
ExxonMobil, Chevron and other oil majors are lobbying the U.S. Congress not to move forward with legislation that would slap new sanctions on Russia over the latter’s interference in the…
One month ago, after the shocking collapse of the Gulf nation status quo with the announcement of the diplomatic, naval and financial blockade of Qatar by the Saudi alliance, we…
Fueled by a bout of short covering, oil prices continue to climb towards $50 as some analysts now see more upside than downside.
Every now and then, an oil supermajor comes up with what they tout as a breakthrough in scientific research of renewable energy sources. This month, it was ExxonMobil’s turn to…
The contract model for oil pipeline space has some North American producers locked into high per-barrel transportation rates, while others benefit from steep discounts pedaled in bearish markets, a new…
With the almost daily battles raging inside the Beltway over claims of “fake news,” it’s hardly surprising that energy hasn’t been spared. But what is surprising is the jarringly overt…
Ten years have passed since the first concession to search for shale gas was issued. There were several problems of technological, economic and legal nature, which prevented Poland from becoming…
Brutal winter weather in the late 2000s delivered a knockout blow to Central Asia’s unified power grid. Now, almost a decade later, tentative efforts are underway to promote a comeback…
Among the multitude of market clichés, perhaps the most tired of all is the old axiom that traders and investors should buy low and sell high. It is a classic…
Friday June 30, 2017 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…
August West Texas Intermediate Crude Oil Futures August West Texas Intermediate crude oil futures are set up for a solid close this week. A combination of profit-taking and short-covering has…
Oil prices are rallying as speculators close out short bets, but as Libya continues to bring production back online, it is unclear how solid these gains are.
While all eyes are riveted on how much U.S. shale output is undermining OPEC’s production cuts and any oil price gains, other non-OPEC producers are also increasing crude production, and…
This week is “Energy Week,” when the Administration of U.S. President Donald Trump emphasizes its policy towards oil and gas, particularly its general goal of increasing American production and exports…
If you hadn’t heard, the Trump Administration has declared this week to be “Energy Week”, a week during which the President and his senior officials are focusing on the theme…
Scientists, researchers, and engineers have known for decades that there is an energy resource trapped inside ice and found under Arctic permafrost or beneath the ocean floor. Once thought to…
Despite having a more diversified economy than its Gulf neighbours, oil and gas revenues only account for 11 percent of Iran’s GDP. Its oil & gas sectors are strategic not…
Total exports more than doubled since 2010; Canada drops from 92 percent of U.S. exports to 58 percent Rising production from shale formations has fundamentally changed the U.S. petroleum products…
Earlier in the week we discussed how lower Saudi export loadings in April are translating into lower arrivals on U.S. shores this month. This has prompted some to ask…