When policymakers both here and…
A suspected Iranian spy ship…
Call options are currently trading…
The Permian has been getting most of the headlines on U.S. shale, but there is another play in the vicinity that has been attracting more industry attention than media attention.…
OPEC may tout the production cuts pact as the key driver of oil market rebalancing, but if it weren’t for the strong global oil demand growth of the past three…
Every week the crisis in Venezuela takes a turn for the worse. There are now signs that its oil industry is entering a dangerous new phase. Argus Media reports…
One of Russia’s most important oil ports, the sunlit Novorossiysk, has become a battleground for the country’ state-owned companies. Located in the ice-free Tsemesskaya Bay, Novorossiysk is used to stormy…
Crude oil prices are back on the seesaw as the market prepares for next week’s OPEC+ meeting in Vienna. Most analysts expect the group to agree to start raising crude…
Just a few short years after economists and social theorists declared that we had entered the Third Industrial Revolution, the next revolution is already on the horizon. Fueled by…
August West Texas Intermediate crude oil futures are in a position to close higher for the week as investors prepare for next week’s OPEC meeting in Vienna on June 22-23.…
Upwards of a thousand dignitaries – including the presidents of Turkey, Georgia, Azerbaijan, Ukraine, and Serbia – assembled June 12 at a barren site outside the northwestern Turkish city of…
The OPEC meeting is a week away and based on the signals from the group’s top producers, the market is assuming that the group will increase oil production. However, the…
Oil markets are on edge as OPEC’s June 22 meeting in Vienna quickly approaches. (Click to enlarge) (Click…
Baker Hughes reported a dip in the number of active oil and gas rigs in the United States today. Oil and gas rigs decreased by 3 rigs, according to the…
Continuing clashes between the Libyan National Army and rival militant groups have cut Libya’s oil production by 240,000 bpd, prompting the shutdown of Libya’s two biggest oil ports, Es Sider…
As everyone watches OPEC and Russia ahead of their meeting in Vienna next week, it’s easy to miss the fact that this is not the only meeting that will set…
Oil prices are in a holding pattern as we await the outcome of the OPEC+ meeting in a few days, and while the result of that meeting will almost completely…
Oil producers are finding themselves in kind of a pickle. While oil prices are indeed on the rise, many producers are unable to take full advantage of this nicety because…
India and China have discussed creating an ‘oil buyers’ club’ to be able to negotiate better prices with oil exporting countries and will be looking to import…
Plastics and petrochemicals are the future of Big Oil - there is hardly any question about that if by future we mean the distant future. There is still no consensus…
It is “inevitable” that OPEC and partners will agree next week to gradually roll back some of the production cuts that have been in place since January 2017, Saudi Arabia’s…
Automakers are looking for states to support electric vehicle sales and charging infrastructure development — regardless of what President Donald Trump and EPA Administrator Scott Pruitt end up deciding to…
The Es Sider oil export terminal in Libya was shut down and loadings at another one, Ras Lanuf, were suspended today after clashes between the Libyan national Army and the…