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Asian Crude Demand Gives Oil Markets Hope

Asian Crude Demand Gives Oil Markets Hope

It seems that the only…

Why OPEC Is More Important For Oil Than A Vaccine

Why OPEC Is More Important For Oil Than A Vaccine

While the vaccine breakthroughs have…

Energy

Oil Rig Count Falls For The First Time In 2 Months

Nov 20, 2020 at 12:16 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil rigs in the United States fell by 5 to 231, ending eight weeks of increases to oil rigs in the…

Oil Prices On Track For A Third Weekly Gain

Nov 20, 2020 at 10:43 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are trading flat but remained on track to record their third consecutive weekly rise. The catalysts behind the gains were speculation that OPEC…

Oil Demand In Asia Is Bouncing Back

Nov 20, 2020 at 10:43 | Editorial Dept

1. V-shaped recovery and a bull market- While the V-shaped recovery hopes were dashed for…

ISIS Attacks An Israeli-Egyptian Pipeline

Nov 20, 2020 at 10:42 | Editorial Dept

Politics, Geopolitics & Conflict Keep a close eye on Libya - and particularly on Sirte (the gateway to Libyan oil) following the November 3rd agreement for a permanent ceasefire. There…

It's Time To Trade Natural Gas Again

Nov 20, 2020 at 10:42 | Editorial Dept

Over the last five or six months, natural gas has been a dangerous market in which to play, with massive intraday swings being part of sustained long-term moves punctuated by…

Why OPEC Is More Important For Oil Than A Vaccine

Nov 20, 2020 at 10:42 | Editorial Dept

Vaccine progress or not, the market is riveted with OPEC actions. And that is because the industry is well aware that even the most promising of vaccine news…

Oil Demand Is Primed For A Major Recovery

Nov 20, 2020 at 10:02 | Charles Kennedy

Crude oil demand is likely to rebound next year following the promising news about a vaccine against the novel coronavirus, according to Fitch Solutions. In its latest Global Commodities Strategy…

The Battle For Dominance In China’s Oil Market

Nov 20, 2020 at 09:02 | Irina Slav

Russia and Saudi Arabia are vying for the top spot among crude oil suppliers to China, with Russia currently in the lead, but Saudi Arabia is doing its best to…

Oil Majors Are Paying The Price For Investing In Renewables

Nov 19, 2020 at 16:46 | Alex Kimani

Big Oil has been frequently lambasted for trying to burnish its green credentials through half-hearted investments in renewables. That might have been true for much of the past…

Middle East Oil Producers Are Drowning In Debt

Nov 19, 2020 at 16:30 | Tsvetana Paraskova

Arab Gulf oil producers are losing billions of U.S. dollars from oil revenues this year due to the pandemic that crippled oil demand and oil prices.

Asian Crude Demand Gives Oil Markets Hope

Nov 19, 2020 at 13:33 | Josh Owens

While oil demand in Europe and the United States continues to disappoint, refiners in Asia are racing to procure crude from around the world, giving the oil market some hope…

Three Catalysts That Will Control Oil Prices In 2021

Nov 19, 2020 at 12:47 | Osama Rizvi

In recent weeks, there have been some wild swings and speculation in the oil market. The two most influential developments have been Joe Biden’s victory

Why The Energy Transition Will Be Fantastic For Small Oil Companies

Nov 19, 2020 at 12:12 | Felicity Bradstock

Small, independent oil producers are seeing the potential for growth over the next decade as major energy companies look to invest in renewables. As big companies are being…

OPEC+ On Edge As Libya’s Oil Production Returns To Pre-Blockade Levels

Nov 19, 2020 at 11:42 | Tsvetana Paraskova

While the OPEC+ group considers extending the production cuts for three months, oil output in Libya continues to increase and has returned to 1.25 million bpd, the level…

Is This The Best Way To Play The Second Boom In Marijuana?

Nov 19, 2020 at 11:38 | Nikki Pulver

Cannabis stocks are witnessing the dawn of their second boom in the aftermath of Joe Biden’s presidential victory, and we’ve only just seen the beginning ... Aurora Cannabis Inc. (NYSE:ACB)…

Desperate Venezuelans Attempt To Refine Gasoline At Home

Nov 19, 2020 at 11:18 | Tsvetana Paraskova

Fuel shortages in Venezuela are so bad amid the deepening crisis at its state oil firm that Venezuelans are stealing crude oil from idle oilfields and processing it…

The Oil Price Crash Has Made Diversification Vital For Gulf Nations

Nov 19, 2020 at 10:40 | Oxford Business Group

While many Gulf nations were already working to diversify their economies prior to the coronavirus pandemic, the subsequent economic downturn and collapse in oil prices has meant that…

Oil Prices Fail To Rally Despite A Flurry Of Bullish News

Nov 19, 2020 at 10:11 | Tsvetana Paraskova

Last week’s news of an effective Pfizer vaccine in the final stages of development lifted oil prices, with the U.S. benchmark WTI Crude returning to above $40 a…

Will Biden Reinstate The Iran Nuclear Deal?

Nov 19, 2020 at 09:51 | Global Risk Insights

In an ominous sign for 2020, a mere week into this year the assassination of Iranian military leader Qasem Soleimani by U.S. forces…

Norway Opens New Arctic Oil Blocks For Exploration

Nov 19, 2020 at 09:12 | Charles Kennedy

Norway is offering 136 offshore oil and gas exploration blocks in the Barents Sea and the Norwegian Sea, the country's Petroleum Directorate said today. recently published Resource Report 2020…

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