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Why Shell Has Soured on The London Stock Exchange

Why Shell Has Soured on The London Stock Exchange

British multinational oil & gas…

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Oil Traders Hedge Geopolitical Risk With Record Options

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The Oil Price Rally Has Stalled... For Now.

The Oil Price Rally Has Stalled... For Now.

Oil prices have been climbing…

Energy

Merrill Lynch Expects A 46% Jump In Oil Prices By June 2017

Aug 18, 2016 at 17:06 | Rakesh Upadhyay

Oil has finally found a strong bull in Savita Subramanian, commodity strategist at BofA Merrill Lynch, who believes oil will rally to $54 a barrel by this year-end…

Saudi Arabia Announces Record High Oil Exports In June

Aug 18, 2016 at 16:56 | Zainab Calcuttawala

Saudi Arabian crude exports rose in June to near-record-high levels, even as the country used less petroleum to generate electricity than the same month in 2015, according…

Iraq Resumes Oil Exports From Kurdish Fields

Aug 18, 2016 at 16:00 | Zainab Calcuttawala

The Iraqi government has resumed pumping oil from fields operated by the North Oil Company through a Kurdish pipeline that runs through Turkey, according to remarks from…

Can Bolivia Capitalize On Its Huge Lithium Reserves?

Aug 18, 2016 at 15:09 | MINING.com

Bolivia, one of the poorest countries in Latin America, has began shipping lithium to China in what is considered the first step towards fulfilling its ambitions to becoming…

Oil Enters Bull Market Amid Output Freeze Talk

Aug 18, 2016 at 12:25 | Matt Smith

Another day, another dollar (rally in oil prices). The tag-team of dollar weakness and production freeze hopes combine again to rally crude prices higher for yet another day.…

Spread Between Brent And WTI Hits Six-Month High

Aug 18, 2016 at 11:15 | Tsvetana Paraskova

With the Brent premium over the WTI price rising to US$2.50 per barrel on Tuesday – the most in six months – oil traders hastened to procure…

Oil Product Demand In This Middle-East Nation Just Hit An All-Time High

Aug 18, 2016 at 09:31 | Tsvetana Paraskova

Despite low crude prices, Qatar’s non-oil economy is still strong – unlike the more sluggish growth of neighboring Gulf countries – and its demand for refined oil products…

Is The Oil Production Efficiency Boom Coming To An End?

Aug 17, 2016 at 16:32 | Peter Tertzakian

“How much more productive can these new wells get?” I asked my host who had kindly invited me on a field trip to some of western Canada’s most…

Saudis Ramping Up Oil Output To Gain Leverage In OPEC Talks

Aug 17, 2016 at 16:17 | Tsvetana Paraskova

Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence the September informal…

Will Iraq’s New Oil Minister Be Able To End The Iraqi Oil War

Aug 17, 2016 at 16:08 | Zainab Calcuttawala

After months of street protests and political paralysis, the Iraqi parliament approved five of six cabinet nominees by Prime Minister Haidar al-Abadi, including the country’s new oil…

How Storage Could Transform The U.S. Power Grid

Aug 17, 2016 at 15:17 | Matt Slowikowski

Since its inception at Shell in the late 1960s, scenario planning has become an important part of corporate strategy. Business forecasts often come with the assumption that…

Oil Output Continues To Fall In North Dakota

Aug 17, 2016 at 14:02 | Ron Patterson

The North Dakota Industrial Commission (NDIC) reported June crude plus condensate (C+C) output on August 12, 2016. North Dakota(ND) Bakken/Three Forks (BTF) output fell by 20.46 kb/d in…

Oil Rallies On, Ignoring Saudi Production Claims

Aug 17, 2016 at 11:17 | Matt Smith

Today's weekly EIA inventory report has provided a very (very) welcome distraction from the production freeze jawboning. A solid draw to crude stocks, helped in large part by…

Oil Spikes After EIA Reports Significant Crude, Gasoline Draw

Aug 17, 2016 at 10:02 | Irina Slav

Oil prices began climbing shortly after the EIA published its weekly inventory report on Wednesday, which showed that crude oil inventories last week fell by 2.5 million…

Iran Undecided On Joining OPEC’s Production Meeting

Aug 16, 2016 at 16:27 | Lincoln Brown

Iran has not yet made a decision on whether or not it will join the OPEC meeting next month, and according to officials there, production levels have…

Venezuela’s Oil Crisis Is Opening Old Wounds With Colombia

Aug 16, 2016 at 16:21 | Zainab Calcuttawala

Last week, Venezuelans lined up at their westerly border to visit Colombia for just a few hours and buy the essential everyday supplies once offered to them at…

Why An OPEC Production Cap is Unlikely

Aug 16, 2016 at 16:13 | Global Risk Insights

Global oil markets have become volatile once more as the Organization of Petroleum Exporting Countries (OPEC) announced on August 8 that they will hold informal talks during the…

China’s Gas Ambitions Could Have A Huge Impact On Energy Markets

Aug 16, 2016 at 16:12 | Irina Slav

China has been working on developing its shale gas resources for a few years now, with mixed success, mainly because of the difficult geology. But times are a…

Deepwater Tech Companies Still Reeling From Low Oil Prices

Aug 16, 2016 at 15:30 | Michael McDonald

It has not been a pleasant couple of years for the vast majority of energy companies or their investors. But perhaps the hardest hit area of all has…

OPEC Rumors Continue To Pull Oil Prices Higher

Aug 16, 2016 at 14:28 | Evan Kelly

Oil prices hit one a month high on Monday thanks to speculation about potential producer curbs on supply and new data from market intelligence firm Genscape showing an estimated…

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