Citi has forecast that oil…
It is fair to say…
Lawrence Berkeley National Laboratory scientists…
A U.S. State Department spokeswoman has told media the department has evidence that the Adrian Darya 1 tanker had delivered its cargo to Syria. In response to a question on…
OPEC and its partners will not deepen their oil production cut yet but will discuss the topic again in December. This is what Saudi Arabia’s newly appointed Energy Minister Abdulaziz…
Energy—the biggest underperformer in the S&P 500 sectors so far this year—has started to show some signs that oil and gas stocks may be close to breaking out of the…
The economic and financial crisis in Argentina is creating a lot of new headwinds for the country’s aggressive push into the Vaca Muerta shale. A new report says that…
Huge natural gas stockpiles in the United States are set to push prices for the fuel to a near 50-year low, IHS Markit said on Thursday in a new report,…
The United States briefly overtook Saudi Arabia as the world’s number one gross oil exporter at one point in June this year, the International Energy Agency (IEA) said on…
Russia and OPEC are looking at the fundamental forces on the oil market such as supply and demand, rather than at U.S. President Donald Trump’s tweets, Russian Energy Minister Alexander…
Trade wars and sanctions are economic weapons against rival regimes, and like actual military warfare, often lead to unanticipated and sometimes devastating blowback from the targeted regimes. A prime example…
US shale supply will peak at approximately 14.5 million barrels per day (bpd) around 2030, according to Rystad Energy. In the past decade, crude oil coming from shale patches such…
Global oil demand continues to see downgrades from major energy forecasters, with several downward revisions in just the past week. The U.S. EIA said in its Short-Term Energy Outlook…
China's unprecedented economic development and the massive increase in energy imports have made it an important destination for some of the world’s largest energy exporters. The growing role of EVs…
Rising pipeline takeaway capacity in the Permian and global oil demand growth at its weakest in a decade are set to lead to more volatility in oil prices in the…
Leading crude producers finally decided to reassure the markets, availing themselves of the platform of the World Energy Congress in Abu Dhabi. The new Saudi Energy Minister Abdulaziz bin Salman…
In the fourth (and last) episode of our overview of the US crude export boom, we will now look at the United States’ waning energy relationship with the Middle East.…
Chinese-US trade figures in August came in well below expectations illustrating the negative impact of the ongoing trade war. Chinese exports to the US in August were down 16%, while…
Bolton Out, Iran In? Oil Prices Think So There’s a good reason oil prices tanked on Tuesday (temporarily) and then continued to do so on Wednesday. Bolton has always been…
Oil prices legged higher to begin the week after the new Saudi Energy Minister confirmed his arrival would not bring a shift in OPEC policy. To quote, Prince Abdulaziz told…
OPEC and its Russia-led partners in the production cut pact will discuss on Thursday whether the current state of the oil market warrants deeper cuts, Iraq’s Oil Minister Thamer Ghadhban…
WTI prices were jittery on Wednesday morning, rising initially, but falling back below yesterday's lows, after headlines suggesting Bolton was fired after disagreeing with Trump's desire to ease Iran sanctions to…
Following three consecutive years of growth, the oilfield services market is set to slip into recession in 2020 if oil prices stay at their current low levels, Rystad Energy