AI's rapid growth is driving…
Oil prices have settled around…
Canada faces an escalating threat…
The pressure to cut costs and optimize resources amid the oil price slump has made exploration and production companies analyze more carefully the potential of the shale assets they consider…
Russia’s oil production in February will be lower than the January output, with Moscow cutting more than the 117,000 bpd cut it made last month, Russia’s Energy Minister Alexander Novak…
Angola reported US$950 million in crude oil export revenues for January, the highest in 16 months, data from the country’s Finance Ministry showed. Africa’s top producer exported some 52.25…
Canada’s oil sands could struggle to rebound, with potentially billions of barrels of oil being kept underground permanently. Canada’s oil sands are incredibly expensive, some of the costliest sources of…
A string of oil deals between Russian oil companies and Arab petrostates have shifted the center of political gravity in the Middle East and North Africa towards Moscow – counteracting…
What’s in store for oil this year? Experts at ABN Amro are forecasting a return to $30 levels unless OPEC extends its production cuts. Meanwhile, analysts at Citi are…
The Baltic Sea is universally known as a pathway for oil and product transportation, but little is known of its production potential. Yet a recent flurry of activity in the…
University of Southern California (USC) scientists have developed an alteration to the lithium-sulfur battery that could make it more than competitive with the lithium-ion battery. The solution is for…
This week we’re talking U.S. wind. It’s free, plentiful, carbon neutral and in the right hands could have a radical impact on the future. Until recently the only tapped version…
Sometimes trading is easy, sometimes it’s not. But certain rules apply at all times: The trend is your friend. Get out of bad trades. When there’s nothing to do, do…
Let’s face it; you don’t have to be a chart reading genius to know that WTI has been trading in a pretty tight range for the last couple of months.…
Friday February 24, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Politics, Geopolitics & Conflict • Clashes continue in the Libyan capital Tripoli between various militias. Since Thursday, nine people have been killed and residents are fleeing the Abu Salim neighborhood…
It’s been “chop city” this week on the daily April West Texas Intermediate crude oil chart, but the weekly chart continues to look orderly. There also continues to be a…
- Oil traders saw more of the same this week with range bound flat price, strong brent and WTI spreads, weak gasoline spreads and option implied volatility at multi year…
Oil prices gained slightly this week as traders interpreted the moderate gasoline draw as a sign that gasoline inventories could have peaked.…
Has no-one really done a 'getting riggy with it' pun yet? Ok then, here it goes. We've made it to Friday, which means we get a couple of data points…
The number of active oil and gas rigs in the United States increased again, although modestly, on Friday by 3. Both benchmarks were trading down earlier on Friday despite reports…
The OPEC producers and the 11 non-OPEC nations that have joined the global production cut deal achieved a combined 86-percent compliance rate in January, OPEC said on Friday, hailing…
It’s reserves reporting season in the oil and gas business. And one of the world’s biggest plays saw some major casualties this week as new numbers hit the street. The…