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Saudi Arabia's Solution To Rising U.S. Gas Prices

Saudi Arabia's Solution To Rising U.S. Gas Prices

The first U.S.-bound gasoline cargo…

Energy / Energy-General

The Bullish Truth Of OPEC’s Agreement

The Bullish Truth Of OPEC’s Agreement

Jun 25, 2018 at 16:17 | Nick Cunningham

Oil prices jumped 5 percent on Friday after the OPEC+ group announced its vague decision to maintain its collective target while lifting country-specific limits on oil production. The result was…

WTI-Brent Spread Narrows On Canada Oil Crisis

WTI-Brent Spread Narrows On Canada Oil Crisis

Jun 25, 2018 at 15:56 | Nick Cunningham

The difference between WTI and Brent narrowed significantly over the past few days, as the forces driving the two benchmarks apart seemed to have reversed course. For the past few…

The Best Solution For Climate Change

The Best Solution For Climate Change

Jun 25, 2018 at 12:55 | Leonard Hyman & William Tilles

If our longer-term goal is to reduce the accumulation of carbon dioxide in the atmosphere (which produces climate change) — there are only four ways to do it. 1) Reduce…

This Is Aramco’s Spare Production Capacity

This Is Aramco’s Spare Production Capacity

Jun 25, 2018 at 09:30 | Tsvetana Paraskova

Saudi Arabia has a spare oil production capacity of 2 million bpd and is able to meet additional demand in case of disruption of oil supplies, the chief executive…

Why OPEC+ Needed To Add More Oil

Why OPEC+ Needed To Add More Oil

Jun 22, 2018 at 17:08 | Nick Cunningham

The OPEC+ group has decided to increase output by aiming to return compliance back to 100 percent, rather than the “over compliance” the group has posted to date. Although…

This Russian Oil Major Is Ready To Open The Taps

This Russian Oil Major Is Ready To Open The Taps

Jun 22, 2018 at 17:08 | Irina Slav

Russia’s second biggest oil company, Lukoil, is ready to raise production by 23,000 bpd in two to three months if its gets the green light from Moscow which pushed for…

EIA: Gulf Of Mexico Oil And Gas Production Remains Strong

EIA: Gulf Of Mexico Oil And Gas Production Remains Strong

Jun 22, 2018 at 17:08 | Ron Patterson

Crude And Condensate BOEM has March 2018 production at 1696 kbpd, which is down 1 percent month-on-month and 4 percent year-on-year (March 2017 was the peak production month for GoM…

How To Trade OPEC’s Production Boost

How To Trade OPEC’s Production Boost

Jun 22, 2018 at 17:06 | Dan Dicker

I’ve been waiting for the last minute to write this column, waiting on the decision of OPEC in Vienna this morning. While the final decision isn’t official, it seems that…

A Hot, If Not Very Sexy, Take On The OPEC News

A Hot, If Not Very Sexy, Take On The OPEC News

Jun 22, 2018 at 17:02 | Martin Tillier

As I write this piece, we are still awaiting the official announcement of the outcome of the OPEC+ meeting in Vienna, but given the organization’s penchant for controlled leaks, and…

Oil Markets Will Only Get Tighter

Oil Markets Will Only Get Tighter

Jun 22, 2018 at 16:57 | Editorial Dept

Friday June 22, 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…

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