In the short term, oil…
Saudi Arabia scales back ambitions…
Saudi Arabia is trying to lure buyers from European markets by changing the way it prices its oil in order to make it easier for hedging, Reuters reported on…
Twice as many deepwater projects expected this year as the last two years combined While U.S. shale has been by far the most important topic when discussing U.S. oil and…
A tremendous amount of digital, and real, ink has been spilled on the ongoing oil crash, much of it has been focused on U.S. shale production. Yet, the country that…
Attacks on foreigners working on South Sudan’s oil and gas facilities serve as a warning for multinationals to stay away from the new country’s national resources, just as oil…
Just when the focus in oil seemed to be firmly fixed on shale as the cheapest kind of crude, Wood Mackenzie went and ruined it for shale producers with a…
Petronas is pushing ahead with development of a large-scale refinery and petrochemicals plant in the southern state of Johor, with support from Saudi Arabia guaranteed as of last month.…
WTI and Brent crude start Q2 in the fifty dollardom, as the market continues to grapple with market rebalancing and OPEC compliance. As the market awaits signs of a tightening…
Crude oil production at the Sharara field in western Libya – the country’s biggest – has resumed, an anonymous source told Reuters, and the force majeure that the National…
It isn’t being detailed in the Western press — but things have changed drastically for energy and mining in one of Southeast Asia’s most important markets. Thailand. The most visible…
OPEC, which has far exceeded the average life of cartels, is on the brink of failure. Though cracks have been developing in the cartel since the start of the current…
The BP Statistical Review of World Energy has oil production data by country up to the end of 2015. This is what that looks like from 1988:
Russia has revamped its Central Asia policy in recent months with a major outreach to Pakistan and stepping forward as a power broker in Afghanistan, its former stomping grounds. With…
Trade ideas usually come from one of two sources. Either they are fundamental or technical. Fundamental ideas reflect a change, or more often an expected change, in the fortunes of…
Friday March 31, 2016 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…
Politics, Geopolitics & Conflict • Brexit could be good for the UK’s oil and gas industry, according to some observers. The reason is that unlike the financial industry, which is…
The strong performance on Thursday has put crude oil in a position to finish the week at a three-week high. The week began with the market being underpinned by reports…
Oil prices rose this week as markets are more optimistic about an extension of the OPEC output deal and falling gasoline inventories (Click to…
Late last week press reports indicated that Japan’s Toshiba Corp (6502.T) was preparing a bankruptcy filing for its Westinghouse nuclear design and construction subsidiary. Bankruptcy would affect the prospects for…
Oman has struck a deal with several banks for a $4 billion loan to be repaid in future oil deliveries. Abu Dhabi signed a contract with commodity trading giant…
Gasoline demand is rising again in the U.S., helping to drain the exceptionally high levels of refined product inventories. That provides a small bit of bullish evidence for a market…