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Basrah tankers

Asian Oil Buyers Unfazed By Iran Crisis

Oil prices rose and fell…

Suriname Oil Discovery

How Important Is The Suriname Oil Discovery?

Guyana has been the offshore…

Energy / Oil Prices

Novak

Russia’s Energy Minister: Fundamentals, Not Trump Impact Oil Prices

Sep 12, 2019 at 11:37 | Tsvetana Paraskova

Russia and OPEC are looking at the fundamental forces on the oil market such as supply and demand, rather than at U.S. President Donald Trump’s tweets, Russian Energy Minister Alexander…

Trump Bolton

Oil Slides As Trump Considers Easing Sanctions On Iran

Sep 11, 2019 at 11:55 | ZeroHedge

WTI prices were jittery on Wednesday morning, rising initially, but falling back below yesterday's lows, after headlines suggesting Bolton was fired after disagreeing with Trump's desire to ease Iran sanctions to…

Bolton

Oil Flashcrashes After Trump Fires Security Advisor Bolton

Sep 10, 2019 at 11:47 | Julianne Geiger

A new deal between the United States and Iran may be on the horizon as US President Donald Trump just fired US National Security Advisor John Bolton—and oil prices are…

flaring

Three Essential Factors For Oil Prices In 2020

Sep 06, 2019 at 09:21 | Rystad Energy

Three essential factors will determine the direction of the oil price next year, according to Rystad Energy. In a market update, Bjørnar Tonhaugen, head of oil market research at Rystad…

Refinery

World’s Top Oil Trader Sees Oil Prices Weakening This Year

Sep 05, 2019 at 10:56 | Tsvetana Paraskova

Vitol, the world’s biggest independent oil trader, expects oil prices to weaken in the fourth quarter this year, although prices are unlikely to be below $50 a barrel for a…

Flaring

Oil Jumps 4% On Positive Chinese Economic Data

Sep 04, 2019 at 11:48 | Julianne Geiger

The bleak outlook on the overall global economy has combined with the trade war worries to pressure prices over the last few days, but today’s economic data that is…

Saudi Aramco

Saudis Need Deeper Cuts To Sustain $60 Oil

Aug 29, 2019 at 09:17 | Tsvetana Paraskova

With market sentiment pessimistic about oil demand growth and with rising U.S. crude oil production, Saudi Arabia needs to take action sooner rather than later to support oil prices at…

Yuan

Possible Currency War Would Be A Disaster For Oil

Aug 26, 2019 at 16:47 | Nick Cunningham

Oil prices plunged on Friday after the U.S. and China both announced tariff hikes in tit-for-tat fashion. At the same time, markets opened on a positive note early…

Keystone XL

Canadian Oil Prices Jump On Crucial Pipeline Breakthrough

Aug 26, 2019 at 10:33 | Irina Slav

Canada’s embattled energy industry has received some good news at last, which could narrow the gap between Western Canadian Select and West Texas Intermediate this week. First, the federal government…

Crude oil

Oil Prices Plunge As China Retaliates With Tariffs On U.S. Goods

Aug 23, 2019 at 09:03 | Tsvetana Paraskova

While the oil market was jittery awaiting a Fed hint at interest rate policy, China retaliated in the trade war with the U.S., announcing plans to slap tariffs on…

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