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Energy

U.S. Oil Drillers Restart Production As Prices Recover

Jun 02, 2020 at 17:11 | Nick Cunningham

Shale drillers are bringing some shuttered oil production back online as the glut eases.  The total amount of shut-in production in the Bakken stood at 475,000…

Why Saudi Arabia Is Desperate To Extend OPEC+ Cuts

Jun 02, 2020 at 16:26 | David Messler

OPEC+ hopes to reduce global storage volumes with their production cuts, and hopes to extend them through at least, the summer. OPEC’s regular meeting in Vienna is coming…

Is This The Next Major Market For U.S. LNG?

Jun 02, 2020 at 16:08 | Alex Kimani

Natural gas producers have had little to cheer about over the past few months after prices sunk to multi-year lows amid a huge oversupply and warm…

Can Yemen’s Oil Industry Make A Comeback?

Jun 02, 2020 at 13:25 | Viktor Katona

The coronavirus pandemic has dealt an immense blow to businesses and nations all around the planet, yet there is one specific sphere where it might actually deliver some…

$40 Oil In Sight As OPEC+ Considers Extension

Jun 02, 2020 at 12:53 | Josh Owens

Oil prices climb ahead of highly-anticipated OPEC+ meeting. 

Breaking Down Biden's Energy Policy

Jun 02, 2020 at 12:24 | Leonard Hyman & William Tilles

The Trump administration’s energy policy, as we consider the two candidates for our nation’s highest office, has been very clear. It rests on three conceptual pillars. Remove regulatory…

Europe’s Natural Gas Glut May Force Supply Cuts

Jun 02, 2020 at 11:41 | Tsvetana Paraskova

Europe is so awash with natural gas amid weak demand and limited storage capacity that gas suppliers may have to cut flows to prevent natural gas prices from plunging further.…

Oil Prices Spike On Hopes Of OPEC+ Deal Extension

Jun 02, 2020 at 09:50 | Tsvetana Paraskova

Oil prices rose early on Tuesday as market participants hope that the OPEC+ group may decide in the coming days to roll over for a month or two the current…

Petrobras Oil Stockpiles Are “Paradoxically” Low

Jun 02, 2020 at 09:05 | Irina Slav

Brazil’s Petrobras is one of very few oil companies with no oil storage problem, according to its chief executive. Roberto Castello Blanco said at an event yesterday that Petrobras’s oil…

Will OPEC+ Extend Its Historic Production Cut Agreement?

Jun 01, 2020 at 13:54 | Nick Cunningham

OPEC+ is set to bring forward its meeting to Thursday, with a short extension of the current production cuts as the most likely outcome.  Originally scheduled…

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