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Oil Prices At Risk Of Economic Downturn

Oil Prices At Risk Of Economic Downturn

Oil prices saw a steep…

Oil Prices Slide On Small Crude Build

Oil Prices Slide On Small Crude Build

Oil prices slipped on Thursday…

Energy

Why Natural Gas Hasn’t Dethroned Gasoline

Why Natural Gas Hasn’t Dethroned Gasoline

Jul 09, 2018 at 13:34 | Irina Slav

In some parts of the world, such as the Balkans, gasoline cars retrofitted with natural gas tanks are a common sight on roads. In others, such the United States, such…

Chinese Refiner Stops U.S. Oil Imports, Turns To Iranian Crude

Chinese Refiner Stops U.S. Oil Imports, Turns To Iranian Crude

Jul 09, 2018 at 11:48 | Irina Slav

An independent Chinese refiner has suspended crude oil purchases from the United States and has now turned to Iran as one of its sources of crude, media reports, citing…

Russia’s Finance Ministry Warns Of Another Price Collapse

Russia’s Finance Ministry Warns Of Another Price Collapse

Jul 09, 2018 at 10:37 | Irina Slav

If prices remain at their current level, another collapse could be around the corner, the Russian Finance Ministry has warned in a report, cited by Sputnik. According to the…

The Critical Chokepoint That Could Send Oil To $250

The Critical Chokepoint That Could Send Oil To $250

Jul 09, 2018 at 09:22 | Irina Slav

Crude oil prices could jump as high as US$250 a barrel if Iran goes through with its threat to close the Strait of Hormuz in response to U.S. pressure on…

Is This The Oil Tech Breakthrough Of The Decade?
Sponsored Article

Is This The Oil Tech Breakthrough Of The Decade?

Jul 06, 2018 at 14:58 | Ian Jenkins

“Heavy Oil” is basically a dirty word in the energy world. But that’s all about to change. Tech company Petroteq Inc. is using a new proprietary Enhanced Oil Recovery (EOR)…

Mexico Likely To Keep Making The World’s Biggest Oil Hedge

Mexico Likely To Keep Making The World’s Biggest Oil Hedge

Jul 06, 2018 at 14:35 | Tsvetana Paraskova

The Mexican oil hedge, or the Hacienda Hedge, is considered the biggest hedging bet on Wall Street as well as perhaps the most secretive. It has earned Mexico—and a few…

Big Oil’s Next Major Move

Big Oil’s Next Major Move

Jul 06, 2018 at 14:28 | Tim Daiss

Several oil majors, including Royal Dutch Shell and BP, are boosting their share of natural gas output. A Bloomberg report said these two oil companies, by increasing gas production,…

Russian Oil Production Soars To 11.193 Million Bpd

Russian Oil Production Soars To 11.193 Million Bpd

Jul 06, 2018 at 14:26 | Tsvetana Paraskova

In line with its agreement with OPEC to reverse part of the cuts, Russia is boosting its crude oil production, pumping as much as 11.193 million bpd in the first…

Thermal Coal Prices Are Soaring

Thermal Coal Prices Are Soaring

Jul 06, 2018 at 14:21 | MINING.com

Benchmark seaborne thermal coal prices jumped to $120.10 per tonne on Thursday, its highest level since November 2012, thanks to tight supply in key Asian export regions. Measured from lows…

Brent Falls Back On Saudi Supply Surge

Brent Falls Back On Saudi Supply Surge

Jul 06, 2018 at 12:28 | Tom Kool

Oil prices fell slightly Friday morning after an EIA report highlighting an unexpected build in crude inventories, with a Saudi supply surge adding further downward pressure on the crude market. 

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