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The Oil Markets Are At A Confusing Crossroads

The Oil Markets Are At A Confusing Crossroads

The latest IEA report suggests…

The Dark Horse Of The Oil Price Rally

The Dark Horse Of The Oil Price Rally

Vietnam is set to break…

A New Era Of LNG Megaprojects

A New Era Of LNG Megaprojects

Royal Dutch Shell just gave…

Energy

Libya, Italy, France, EU: Where It All Comes Together

Libya, Italy, France, EU: Where It All Comes Together

Oct 12, 2018 at 17:23 | Editorial Dept

Libya’s self-fulfilling prophecy Libya is one of those venues where Western oil majors are not only willing to risk insecurity, but they’re hedging on that very insecurity to get better…

Are Oil Majors Returning To Libya?

Are Oil Majors Returning To Libya?

Oct 12, 2018 at 17:14 | Editorial Dept

The ever-volatile Libya has been hitting headlines the past month, this time around against a quite upbeat atmosphere of rising output. The Libyan NOC chairman Mustafa Sanalla boasted of Libyan…

Indicators To Watch As Oil Stocks Flop

Indicators To Watch As Oil Stocks Flop

Oct 12, 2018 at 17:11 | Editorial Dept

Energy markets truly came off the rails Wednesday as the Fed chose to make another rate hike, and Treasuries, especially on the short end of the curve, really took a…

Bearish Sentiment Returns To Oil Markets

Bearish Sentiment Returns To Oil Markets

Oct 12, 2018 at 17:04 | Editorial Dept

Crude prices dropped by the largest amount since July this week, decreasing by an average of 4-5% week-on-week despite a moderate rebound on Friday as the IEA alleviated concerns that…

Oil Markets Take A Bearish Turn

Oil Markets Take A Bearish Turn

Oct 12, 2018 at 13:47 | Tom Kool

Bearish EIA data and a global stock market crash sent crude tumbling this week, but prices appear to have stabilized, at least for now.…

U.S. Drillers Add 11 Rigs Despite Oil Price Correction

U.S. Drillers Add 11 Rigs Despite Oil Price Correction

Oct 12, 2018 at 12:19 | Julianne Geiger

Baker Hughes reported an 11-rig increase for oil and gas in the United States this week, bringing the total number of active oil and gas rigs to 1,063 according to…

China’s Oil Imports Jump To 4-Month High In September

China’s Oil Imports Jump To 4-Month High In September

Oct 12, 2018 at 10:58 | Irina Slav

China imported 9.05 million bpd of crude oil in September, for a total of 37.12 million tons, which was the highest rate of crude oil intake since May, Reuters…

IEA: Expensive Energy Is Threatening Economic Growth

IEA: Expensive Energy Is Threatening Economic Growth

Oct 12, 2018 at 09:22 | Tsvetana Paraskova

Expensive energy is back and it is threatening global economic growth, the International Energy Agency (IEA) said in its Oil Market Report on Friday, joining other organizations like the…

Barclays: $70 More Likely Than $100

Barclays: $70 More Likely Than $100

Oct 11, 2018 at 17:09 | Nick Cunningham

Oil industry titans are still not in agreement over what to expect from oil prices in the near future, with a wide array of guesses calling for both a spike…

Oil Experts Divided As Iran Sanctions Loom

Oil Experts Divided As Iran Sanctions Loom

Oct 11, 2018 at 15:52 | Tsvetana Paraskova

The heads of the world’s top oil trading houses are unanimous that Iranian sanctions will remove a large chunk of oil from the market, more than initially expected, but they…

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