Israeli authorities claimed to have…
After a volatile week, oil…
Despite Congress passing new sanctions…
As a rule, I try to stay focused on energy here, and reference broad economic conditions only as one of the many factors that influence those markets. In that context,…
Friday October 4, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to close lower for the week, but a rally on Friday is helping traders claw back…
The US oil and gas rig count fell for the seventh week in a row this week, decreasing by 5, according to Baker Hughes, but US oil companies are still…
Oil prices rose early on Friday after fresh data showed that the U.S. unemployment rate fell to 3.5 percent in September, the lowest rate in nearly 50 years, which eased…
Energy Secretary Rick Perry is planning to hand in his resignation next month, Politico has reported, citing three unnamed sources in the know. According to the sources, Perry has…
Big things are happening at CERN, the European Organization for Nuclear Research. The state-of-the-art intergovernmental research organization is home to the single biggest particle physics laboratory on the planet. CERN’s…
It’s been nearly three years since the world’s top oil exporter and OPEC’s de facto leader Saudi Arabia forged an alliance with Russia to start managing oil supply with the…
U.S. crude oil exports jumped by nearly 1 million bpd in the first half of 2019 from the same period in 2018 to average 2.9 million bpd between January and…
When earlier this year Tesla’s Elon Musk said the company could soon have batteries lasting for over one million miles, many probably took it as yet another grand promise with…
Libya’s National Oil Corporation has warned that the country’s crude oil production could drop sharply over the next nine months if the government in Tripoli does not release funds already…
The oil market was rocked just weeks ago by a major attack on Saudi Oil infrastructure that saw 5.7 million bpd taken offline, but looking at oil prices, you’d never…
A sixteen-year-old girl from Sweden has gotten a lot of attention (some supportive, much vitriolic) this week as she took on policymakers at the 2019 UN climate action summit in…
Oil prices continued to slide on Wednesday, falling on a string of worrying economic news. Markets were peppered with troubling data from September at the start of the week, with…
The last three years has been the worst stretch of time in seventy years for new conventional oil discoveries. A new report from IHS Markit finds that conventional oil…
Europe’s energy landscape will be completely changed once the Dutch shut down the largest gas field on the continent years ahead of schedule, according to Rystad Energy. The Netherlands recently…
Brent crude fell back below $59 this week as the world moved on from Saudi production outages and back into its increasingly familiar negative macro funk. Oil is now trading…
Even with dissident Iranian sources providing a form of confirmation that the Iranian leadership ordered the September 14th attack on Saudi oil facilities, there will be no war. The Saudi…
Trade talks between the US and China are expected to resume in October, but US LNG producers can already count the cost of earlier failed negotiations, which resulted in the…
First, they said the production curtailments will remain in place until some 35 million barrels of excessive inventories are cleared. Then they said producers only need to wait until Enbridge’s…