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Falling Rig Count Supports Crude Prices

Falling Rig Count Supports Crude Prices

The U.S. rig count fell…

What’s Holding Back Argentina’s Shale Revolution?

What’s Holding Back Argentina’s Shale Revolution?

The long-term prospects of Argentina’s…

How Much Further Can Venezuela’s Oil Production Fall?

How Much Further Can Venezuela’s Oil Production Fall?

With the re-inauguration of Maduro,…

Energy

Oil Stabilizes As OPEC Implements Cuts

Oil Stabilizes As OPEC Implements Cuts

Jan 16, 2019 at 15:24 | Editorial Dept

The oil rally of the past two weeks continues, even though in a more tempered manner, on the back of U.S. commercial crude supplies shrinking, Russia starting to implement its…

How The Transport Industry Is Shaping Oil Demand

How The Transport Industry Is Shaping Oil Demand

Jan 16, 2019 at 15:24 | Ross McCracken

It has been a bad start to the year for UK car manufacturing. Iconic UK-based automaker Jaguar Land Rover (JLR) announced job cuts of up to 5,000 from its UK…

Trump Takes Aim At Maduro, Threatens Oil Embargo

Trump Takes Aim At Maduro, Threatens Oil Embargo

Jan 16, 2019 at 13:42 | Irina Slav

A week after Venezuelan President Nicolas Maduro was sworn in for a second term in office, the option of a complete oil embargo against Venezuela has been put back on…

Offshore Spending To Overtake Shale In 2019

Offshore Spending To Overtake Shale In 2019

Jan 16, 2019 at 13:22 | Rystad Energy

Rystad Energy forecasts offshore spending will outgrow spending on onshore shale activities this year. Service companies exposed to the offshore subsea market and the maintenance, modifications and operations (MMO) sector…

Can Mozambique Avoid The ‘Resource Curse’?

Can Mozambique Avoid The ‘Resource Curse’?

Jan 16, 2019 at 13:03 | Richard Talley

On Monday morning, Mozambican soldiers opened fire to disperse protesters calling for natural gas projects to be suspended until more pressing issues, particularly fundamentalist insurgents, are dealt with. Nonetheless,…

Crude Oil Inventory Draw Fails To Move Market

Crude Oil Inventory Draw Fails To Move Market

Jan 16, 2019 at 09:47 | Irina Slav

The Energy Information Administration reported a crude oil inventory decline of 2.7 million barrels for the week to January 11 but the report failed to have any palpable effect…

EIA: OPEC Production To Fall By 1 Million Bpd This Year

EIA: OPEC Production To Fall By 1 Million Bpd This Year

Jan 16, 2019 at 09:05 | Irina Slav

The Energy Information Administration expects OPEC’s combined crude oil production this year to be 1 million barrels per day lower than in 2018, when the cartel produced an average 31.92…

Billion Dollar Opportunity In The World’s Most Exciting Sector
Sponsored Article

Billion Dollar Opportunity In The World’s Most Exciting Sector

Jan 15, 2019 at 13:59 | Ian Jenkins

America’s favorite vice is on the brink of becoming mainstream. “People can’t get enough of it. It’s growing and growing and growing, and it’s going to get bigger,” Las Vegas…

Oil Markets Could See Deficit In 2019

Oil Markets Could See Deficit In 2019

Jan 15, 2019 at 13:55 | Nick Cunningham

The oil supply surplus is “starting to reverse,” according to a new report from Bank of America Merrill Lynch. The investment bank noted that oil prices had collapsed in late…

U.S. ‘Tough Line’ On Iran Depends On Crude Prices

U.S. ‘Tough Line’ On Iran Depends On Crude Prices

Jan 15, 2019 at 13:52 | Nick Cunningham

The U.S. government is planning on taking a tougher line on Iran in the months ahead, redoubling its efforts to cut Iran’s oil exports down to zero. Brian Hook, the…

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