Oil markets were looking forward…
The European Union is considering…
Chinese investment in Bosnia's wind…
Friday, December 11, 2015 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…
February WTI Crude Oil February WTI Crude Oil futures continued to slide last week, rapidly approaching seven-year lows. Traders have put the friendly U.S. Energy Information…
From the key figures from the oil and gas industry this week, we see U.S. crude imports surge, whereas U.S. domestic production sees a slight decline. U.S. average gasoline prices…
Despite lower oil prices, a number of intriguing trends are unfolding today across the energy industry. That includes the opening of big, new offshore plays (this…
Thirty-four years after Muhammad Ali fought his last fight, the crude complex is on the canvas once more. Today’s knockout blow comes courtesy of the IEA’s monthly oil market report,…
Inventory levels are at record highs across the globe, and the OPEC price war has killed off any notion that the oil cartel will act to rescue prices. That means…
This month, Gazprom Deputy Chief Executive Officer Alexander Medvedev heads to Brussels to meet with EU Competition Commissioner Margrethe Vestager as part of Gazprom’s continuing efforts…
On December 9, Chevron announced its decision to slash capital expenditures even further for 2016, cutting spending down to $26.6 billion, or about 24 percent…
As expected, OPEC’s decision to stick to its ‘high’ production levels in its December 4th meeting in Vienna didn’t go down well with the markets as…
The Saudis' crude oil market gambit to increase market share by refusing to reduce production in order drive out higher-cost producers has not yet killed off competition from North America.…
Russia is hoping to launch a futures market for its oil benchmark, the Urals blend. According to a Reuters report, Russia has for years wanted…
One hundred and eighty-five years after the birth of American poet Emily Dickinson, and OPEC has been waxing lyrical today in its latest monthly oil…
The 18th oil and gas driller so far this year is in the process of filing for bankruptcy protection, as the company ran out of funds. As reported by Fuel…
The world is changing fast in the energy industry and for no company is that truer than Mexican National Oil Company Pemex. After decades of bloated operations and mismanagement,…
The Supreme Court may shortly decide an obscure case entitled Federal Energy Regulatory Commission v. Electric Power Supply Association (FERC v EPSA). The issue before the…
Iran is moving quickly to comply with all aspects of the nuclear deal reached with the P5+1 nations earlier this year, and that includes shipping its…
Oil futures prices are below $38 but there is a glimmer of hope in EIA’s Short-Term Energy Outlook (STEO) released today–world consumption increased in November and…
I described last month how one country on the planet recently bucked the trend of declining petroleum drilling: Ireland, which saw a record number of bids…
A year after OPEC sent oil markets spiraling out of control, the group may have sparked another round of bearishness for crude. OPEC failed to agree…
With prices below $50, what is a stripper to do? With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now…