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Shockwave In Shipping Could Send Brent Soaring

Shockwave In Shipping Could Send Brent Soaring

New IMO regulations for the…

Why Is Big Oil So Excited About Alaskan Crude?

Why Is Big Oil So Excited About Alaskan Crude?

Alaskan officials have just published…

Energy

Oil Prices Hit 7-Week Low As Trade War Heats Up

Oil Prices Hit 7-Week Low As Trade War Heats Up

Aug 09, 2018 at 09:25 | Tsvetana Paraskova

After plummeting more than 3 percent on Wednesday, oil prices steadied early on Thursday, but still traded close to their seven-week low as the U.S.-China trade war is escalating and…

Why The U.S. Won’t Sanction Venezuela’s Oil

Why The U.S. Won’t Sanction Venezuela’s Oil

Aug 08, 2018 at 14:23 | Tsvetana Paraskova

Over the past year, the U.S. has imposed increasingly restrictive sanctions on Venezuela’s finances and debt issuance as Nicolas Maduro continues to tighten his grip over the collapsing Venezuelan state.…

EIA: U.S. Oil Production Growth Is Slowing

EIA: U.S. Oil Production Growth Is Slowing

Aug 08, 2018 at 14:17 | Nick Cunningham

The EIA just revised down its forecast for U.S. oil production growth for 2018, an acknowledgement that pipeline constraints are slowing output gains in the Permian basin. The EIA…

The Shale Boom That Will Never Happen

The Shale Boom That Will Never Happen

Aug 08, 2018 at 14:12 | Irina Slav

When the National Hydrocarbons Commission of Mexico scheduled its first-ever shale tender for September this year, the July elections were obviously not front and center in the thoughts of…

Is This Europe’s Newest Oil & Gas Producer?

Is This Europe’s Newest Oil & Gas Producer?

Aug 08, 2018 at 12:39 | Viktor Katona

Few countries have a hydrocarbon history as difficult and convoluted as Portugal. It has lost its colonies just as Angola’s oil production was on the brink of multiplying – later…

The Newest Digital Trend In Oil & Gas

The Newest Digital Trend In Oil & Gas

Aug 08, 2018 at 12:31 | Irina Slav

Artificial intelligence, or rather things like machine learning and automation, which are often wrongly called artificial intelligence, is a big thing in oil and gas right now. The hype around…

Oil Prices Slide As China Imposes 25% Tariff On U.S. Oil

Oil Prices Slide As China Imposes 25% Tariff On U.S. Oil

Aug 08, 2018 at 11:51 | Tsvetana Paraskova

Amid a steep correction in crude prices, China said on Wednesday that it would impose a 25-percent tariff on U.S. imports worth US$16 billion, including crude oil, diesel,…

Oil Falls Despite Crude Inventory Draw

Oil Falls Despite Crude Inventory Draw

Aug 08, 2018 at 09:45 | Irina Slav

A day after the API’s estimated oil inventory draw of 6 million barrels failed to impress the market, the Energy Information Administration may have succeeded after reporting a draw…

$90 Oil Is A Very Real Possibility

$90 Oil Is A Very Real Possibility

Aug 07, 2018 at 16:29 | Nick Cunningham

U.S. sanctions on Iran could push oil prices up to $90 per barrel later this year. The first round of U.S. sanctions on Iran just took effect, a slew…

Why Saudi Oil Production Suddenly Dropped

Why Saudi Oil Production Suddenly Dropped

Aug 07, 2018 at 15:41 | Tsvetana Paraskova

As if oil market participants haven’t had enough conflicting market forces to digest over the past week, reports that Saudi Arabia’s crude oil production surprisingly dropped in July by…

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