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  • 5 hours Western Canadian Select selling for $6.48 bbl. Enbridge charges between $7 to $9 bbl to ship to the GOM refineries.
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  • 8 hours China extracts record amount of natural gas from Gas Hydrates in South China Sea
  • 9 hours Wait till America opens their Q1 401k Investment Statements and see they have lost 35% of their retirement savings. They can blame the Authoritarian Chinese Communist Party..
  • 11 hours There are 4 major mfg of hydroxychloroquine in the world. China, Germany, India and Israel. Germany and India are hoarding production and blocked exports to the United States. China not shipping any , don't know their policy.
  • 12 hours Oxford Epidemiologist: Here’s Why That Covid-19 Doomsday Model Is Likely Way Off
The Harsh Truth About Emissions Reduction

The Harsh Truth About Emissions Reduction

Oil supermajor Eni surprised the…

The Geopolitical Silver Lining Of COVID-19

The Geopolitical Silver Lining Of COVID-19

As countries around the world…

The Currencies Hit Hardest By Coronavirus

The Currencies Hit Hardest By Coronavirus

As the global economy suffers…

Energy

Oil Majors

The Biggest Threat To Western Oil Majors

Mar 26, 2020 at 12:08 | Vanand Meliksetian

The international oil market is composed of two types of companies: International Oil Companies (IOC) and National Oil Companies (NOC). The former are Western firms with their origin…

Stimulus Bill

Green Initiatives Almost Derailed The $2 Trillion Stimulus Bill

Mar 26, 2020 at 11:25 | Julianne Geiger

Oil prices crashed on Monday when the US Senate failed to reach a deal on the Stimulus Bill over the weekend. The idea was to quickly pass legislation…

Oil Glut

The Oil Glut Is About To Get Even Worse

Mar 26, 2020 at 10:53 | Rystad Energy

With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid…

Russia

Russia Will Ignore Oil Markets In G-20 Video Summit

Mar 26, 2020 at 10:33 | Tsvetana Paraskova

The oil market will not be a topic of discussion at the G-20 video summit later on Thursday, the Kremlin spokesman Dmitry Peskov told reporters when asked about the agenda of…

Refinery

Don’t Believe The Oil Bulls

Mar 25, 2020 at 18:21 | Nick Cunningham

The world surplus could reach 20 million barrels per day (mb/d) in the next few weeks, threatening not only to top off storage tanks everywhere, but to crash…

Toronto

The Hottest Startup Of 2020 Is Cleaning Up Your Commute

Mar 25, 2020 at 17:18 | Joao Peixe

We’ve come a long way in a short time since ride-sharing emerged as a mainstream offering. Now, there’s even an app that lets consumers participate in one of the biggest…

Iran oil

Iran Is Preparing For An Oil Export Boom

Mar 25, 2020 at 15:04 | Simon Watkins

In the current straitened sanctions period, Iran’s focus in its oil sector is broadly to increase the capacity of its fields in West Karoun and from the huge…

Stimulus Oil Markets

Not Even The $2 Trillion Stimulus Package Can Save Oil Markets

Mar 25, 2020 at 14:54 | Haley Zaremba

A stimulus agreement has finally been reached. The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels…

Fossil Fuels

The Complete History Of Fossil Fuels

Mar 25, 2020 at 14:33 | Tom Kool

Fossil fuels are the primary source of energy in the world today. But people started using fossil fuels long before the first steam engine running on coal or…

Russia

Russia’s Unexpected Advantage In The Oil Price War

Mar 25, 2020 at 13:42 | Tsvetana Paraskova

While the ruble is now at its lowest level against the dollar in four years, the cheaper ruble has a silver lining for Russia’s oil producers in the…


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