U.S. oil prices surpass $80…
OPEC and the broader OPEC+…
The shared fields of Iran…
Oil exports from Saudi Arabia tumbled to their lowest point in six months according to the latest Joint Organizations Data Initiative (JODI) published on 20 June…
Once again, the oil market is being whipsawed around by currency swings under the influence of Brexit sentiment. Amid dollar strength, Nigerian truce hopes, and some…
As I discussed last month, M&A activity is returning to the oil and gas sector, as a rebound to $50 crude is encouraging the world’s…
The break-even price for Permian basin tight oil plays is about $61 per barrel (Table 1). That puts Permian plays among the lowest cost significant supply…
When Deputy Crown Prince Mohammed bin Salman first announced the Kingdom’s post-oil blueprint in April many commentators were skeptical. Saudi Arabia, they said, has been talking about ditching its…
Refining revenues have for many oil businesses been the difference between life and death over these past two years. Now they are helping some of the biggest oil companies in…
During the next three months, various analysts expect crude oil inventory drawdowns to increase, providing support to crude oil prices. However, post-September, inventory build-up is likely…
In recent years, images of China’s rapid industrialization have become all too familiar: from enormous factories, and infrastructure projects, to the ubiquitous smokestacks of the nation’s…
British voters are set to vote this week on whether to stay within the European Union or to break up and go it alone. Although the…
In honor of Brian Wilson’s 74th birthday, the oil market is picking up some good vibrations to start the week. As Brexit fears abate and risk-on…
Back from Asia — a part of the world where a small but potentially important news item emerged in the mining world this week - from…
Russia’s Transport Ministry is considering the Elon Musk-proposed Hyperloop concept to connect China with the Russian Far East and may propose the idea to Beijing. "The…
The words “slavery” and “oil”, when used together, are usually reserved for use in the context of palm oil, but the offshore oil and gas industry…
Norway’s parliament recently passed legislation vowing to make the country carbon-neutral by 2030. The bill passed with bi-partisan support and is a powerful indicator of the…
A key U.S. Congressman believes that the actions by the Organization of Petroleum Exporting Countries (OPEC) regarding oil production could lead to regime change in Venezuela,…
Alaska has long been one of the few U.S. states without an income tax. Thanks to its incredible bounty of natural resources, the state had more…
The Bakken and North Dakota production data is out. Big surprise. The Bakken was down 69,420 barrels per day in April while all North Dakota was down 70,414…
Speaking on the sidelines of the St. Petersburg International Economic Forum on Thursday, BP Plc hinted that it was not interested in the Saudi Aramco IPO.…
Now that oil is backing away marginally from its $50 level, there has been an equal retracement in the price of energy stocks with it. I…
With energy, and oil prices in particular, being so much in the news over the last year or so it seems that a lot of people…