Hopes of a Gaza ceasefire…
Standard Chartered: global demand will…
Scientists developed a catalyst that…
As the no-holds-barred race to advance fracking technology intensifies, Norway’s Statoil finds itself on the front line as it sues its former researcher for allegedly stealing trade secrets in the…
In a sign that the gasoline glut is not going away, U.S. refiners are succumbing to poor market conditions, reluctantly moving to cut back on production as they drown in…
The United States was once a projected leader in the nuclear energy race. In the 20th century, the world dreamed of finding a way to provide safe, cheap, and renewable…
Get yourself a ruler, a pencil and a piece of paper. Place the ruler at about 45 degrees and draw a line upward across the page. That’s what a chart…
Although crude oil inventories in the U.S. are expected to rise, the global oil market is showing signs of tightness and will continue to see crude stocks draw down, Goldman…
After a bullish-tilted weekly EIA report, crude is holding onto gains - and once again bumping its head on the top of its trading range. As OPEC cuts and rising…
The U.S. dollar, along with a variety of other factors, used to be an important component in deciding the direction of oil prices. This was true for the period between…
After three straight weeks of builds in commercial oil inventories, today, the EIA had some more bad news for traders. The authority reported a build of 600,000 barrels, a…
The non-OPEC producers that have signed up to the supply-cut deal forged by OPEC to boost oil prices and rebalance the market have been improving on their initially low compliance…
Will oil prices rise to $70 per barrel this year or fall to $30? Depends on who you ask. Oil price forecasts are always all over the map, but the…
American energy exports hit a new high in early 2017, contributing 7 million barrels of crude to markets abroad in the first week of February. Meanwhile,
The U.S. oil rig count has surged for the better part of three quarters, rising by 281 rigs since bottoming out in May 2016, an increase of nearly 90 percent.…
The U.S. East Coast traditionally relies on imports from east Canada and Europe to fill in its gasoline demand. However, these days the gasoline glut in the New York area…
Tesla’s Gigafactory 1 has been a center of attention for people interested in the growing momentum behind green energy, electric cars, and battery production. Therefore, it is no surprise that…
Iraq thinks that OPEC should hold a new meeting to discuss the cartel’s oil production cuts, given the fact that the current oil prices are still below expected levels, according…
I talked yesterday about prime oil and gas assets coming for sale in Asia. And some new data this week shows it’s not just that part of the world…
Crude prices are selling off today while gasoline holds up relatively better, as refiners playing 'pass the parcel' betwixt the two. As refiners make economic run cuts due to lower…
Natural gas prices plunged to their lowest level since November on mild weather in the U.S., which has caused storage levels to decline at a much slower pace than…
Libya’s returning oil wealth could bring back cheap fuel, food and foreign goods in a subsidy-based system in the most optimistic scenario. But as oil prices and production rise, the…
U.S. oil producers contributed a record 7 million barrels of crude oil to international markets during the Week of February 5th, 2017, approximately one million barrels per day. This…