The reason that investors have…
The rapid growth of renewable…
Not since the Cold War…
While oil industry executives are preparing to live and profit in the world of $50 oil over the next few years, some enthusiast investors have been betting on $100 oil…
The Argentinian energy and mining minister Juan Jose Aranguren has announced that the South American nation will be suspending its system of set domestic fuel prices next month, allowing…
It’s somewhat tradition for oil analysts to produce a flurry of new forecasts after every sharp move in prices, and the latest rally in WTI and Brent is no exception.…
Under tremendous criticism, President Trump waived the Jones Act to aid in the response to the disaster in Puerto Rico, just days after refusing to do so. The Jones Act…
The world’s hottest shale play right now, the Permian, is boosting its oil production and contributing the most to the U.S. crude output growth. Meanwhile, Texas’ other shale play, the…
Refining margins jumped after Hurricane Harvey, due to the sudden disruptions of a significant chunk of the world’s refining capacity. In fact, the outages highlight how tight global refining supply…
After Puerto Rico was pummeled by Hurricane Maria last week, a Category 4 hurricane with 150 mph winds, the island has been left in shambles. After suffering widespread power outages…
Only a few weeks ago, pundits were bemoaning the collapse of oil prices. Then, these self-proclaimed soothsayers became doomsayers, and started predicting oil prices would decline to $40 a barrel…
The oil market is arguably the most fickle market in the world… One day it might set new records for bullishness, the next we might see it plummet into bear-territory.…
It is now a little over a month after Hurricane Harvey made landfall on the US Gulf Coast. While some refineries are still in the process of ramping up activities,…
A report from the central bank shows that Ghana’s state oil revenues more than doubled between the second half of 2016 and the first half of this year, from $93.4m…
Saudi Aramco will enter crude oil trading as part of valuation-boosting efforts ahead of its planned IPO in 2018, unnamed sources close to the company told Reuters. Aramco Trading…
Oil moved back into bull market territory this week, with Brent prices jumping to a more than two-year high at $58 per barrel. A confluence of events has given…
Change in the world of wheels is accelerating! Momentum is building and some days it’s hard to keep up. Every week, the assumptions about the future of transportation, and the…
With the recent crude oil rally that brought WTI to a five-month high, it’s only fitting to have a look at what’s happening with natural gas. By the looks of…
Although current supply and demand fundamentals point to a possible rise in oil prices by the end of 2017, next year’s supply will likely outgrow demand and depress oil…
Oil prices were basically flat early on Wednesday, but $80 oil could be just around the corner, according to analyst Jodie Gunzberg, head of commodity and real asset indices at…
Oman is the largest oil producer in the Middle East that is not a member of OPEC. It is also part of the OPEC / NOPEC production cut deal, committing to…
As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000-barrel draw in U.S.…
Robust oil demand growth and reduced global stockpiles have instilled confidence in the oil market lately. Signs that the OPEC cuts have finally started to work—with Brent futures now in…