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Breaking News:

Oil Climbs On Major Crude Draw

Saudi Arabia Is Bullying OPEC Members Into Compliance

Saudi Arabia Is Bullying OPEC Members Into Compliance

Saudi Arabia has threatened OPEC…

Can India Really Shut Down Oil Supply To China?

Can India Really Shut Down Oil Supply To China?

As tensions continue to escalate…

Geopolitics / International

Painfully Slow Growth Expected For Canada's Oil Sector

Oct 04, 2019 at 12:51 | Editorial Dept

Market Movers • Russian oil production dipped in September to 11.24 million bpd, down from 11.29 million bpd--a figure that is still above its agreed upon quota that it forged…

Endemic Corruption Is Suffocating Iraq’s Oil Boom

Oct 01, 2019 at 16:37 | Simon Watkins

Last week’s agreement by the London-based oil and gas company TechnipFMC to pay US$5.1 million to settle an Iraq-related corruption case with the U.S. Securities and Exchange Commission (SEC) again…

Are Oil Traders Already Looking Beyond The Saudi Oil Crisis?

Sep 20, 2019 at 16:42 | Tom Kool

Oil markets went for a wild ride this week in the aftermath of the drone strike on one of the world’s most important crude processing facilities. The attack led to…

$100 Oil? Drone Strikes Halt Half Of Saudi Crude Production

Sep 14, 2019 at 11:28 | Michael Kern

Half of Saudi Arabia's oil production has gone offline following a surprise drone strike. Drones attacked Abqaiq facility in Saudi Arabia and the Khurais oil field run by Saudi Aramco…

The Challengers To China’s Rare Earth Monopoly

Sep 11, 2019 at 13:37 | Irina Slav

Dominance is not a word that the Pentagon and the White House like to hear when it’s not preceded by “U.S.” Right now, amid a trade war with Beijing, it…

The Saudi Pivot To The East Is Real

Aug 30, 2019 at 17:24 | Cyril Widdershoven

After a short lull in the media frenzy about the Aramco IPO, touted to be the largest listing ever on a stock exchange, steps are being taken to actually realize…

Iran Jumps Into Crucial KRG-Iraq Oil Negotiations

Aug 30, 2019 at 17:20 | Simon Watkins

Iran has entered the ongoing negotiations over the on-off budget disbursements-for-oil deal between the Federal Government of Iraq (FGI) in Baghdad and the government of the semi-autonomous region of Kurdistan…

Lebanon’s High Risk Offshore Oil & Gas Boom

Aug 23, 2019 at 13:41 | Cyril Widdershoven

The least known offshore oil and gas frontier in the East-Mediterranean, Lebanon is preparing itself for a possible entrance into the producer’s league. At the end of 2019,…

US Threatens Sanctions On Anyone Dealing with Iran’s Oil Tanker

Aug 16, 2019 at 10:41 | Tsvetana Paraskova

The United States threatened to slap sanctions on any ports or banks or virtually anyone trying to make deals with Iranian oil tanker Grace 1—the ship that was released…

How Trinidad & Tobago Is Benefitting From The Venezuelan Crisis

Aug 09, 2019 at 13:15 | Oxford Business Group

In June the UN estimated that 4m people had fled Venezuela as a result of the crisis. Of these, some 40,000 have arrived in T&T. Although this is far lower…

This Arms Deal Could Trigger A New ‘’Cold War’’

Jul 12, 2019 at 17:52 | Cyril Widdershoven

The long-awaited, and feared, delivery of Russian S-400 missile systems to Turkey has started. In spite of US and European warnings that Ankara should reconsider the Russian arms deal, to…

Gulf of Mexico Production Falls 50%

Jul 12, 2019 at 12:14 | Editorial Dept

Discovery & Development • Britain’s most important pipeline system, Forties, saw flows reduced to 150,000 bpd from 450,000 bpd-575,000 bpd due to repairs, which are set to be completed by…

The Dark Outlook For Non-OPEC Oil

Jun 28, 2019 at 16:58 | Nawar Alsaadi

The period from 2010 to 2014 witnessed the highest sustained oil price environment in recent memory, with Brent averaging $110 a barrel and WTI $95 a barrel. This high oil…

The West Just Made A Big Mistake In Middle East

Jun 21, 2019 at 17:40 | Cyril Widdershoven

  US politics have always been a bi-partisan affair. Two blocks fighting each other without taking into account possible repercussions of their decisions on global geopolitics and…

The Bearish Threat Within OPEC

Jun 07, 2019 at 17:42 | Cyril Widdershoven

After a prolonged oil price plunge, pushing price levels down to around $59 Brent per barrel, signs are showing that the market believes the downward trend has overshot its target.…

Russia Calls The Shots In A Fractured OPEC

Jun 07, 2019 at 17:41 | Irina Slav

The fact that Russia and most OPEC members are happy at different oil price levels has never been a secret. Now, President Putin has said it as bluntly as possible:…

OPEC Production Falls Despite Saudi Production Boost

May 31, 2019 at 13:01 | Editorial Dept

Deals, Mergers & Acquisitions• Canadian Utilities will sell all its fossil fuel-powered generation capacity for $835 million to Heartland Generation, a company affiliated with Energy Capital Partners. The…

Tainted Russian Oil Crisis May Drag On For Months

May 24, 2019 at 17:37 | Tsvetana Paraskova

It’s been a month since Russian oil flows through the Druzhba pipeline were suspended due to contamination, and despite Russia’s assurances that clean oil will resume flowing through the pipeline…

New Middle East Proxy War Could Jolt Oil Prices

May 10, 2019 at 17:51 | Cyril Widdershoven

U.S. sanctions on Iran are now really starting to bite. In contrast to what European media portray, Iran’s oil and gas exports are plunging. Tehran’s ability to supply its Asian…

The Oil Kingdom Enters A New Era

May 10, 2019 at 17:43 | Vincent Lauerman

Saudi Crown Prince Mohammed bin Salman’s largely self-inflicted losing streak appears to have come to an end, and just in the nick of time, with arch-nemesis Iran in the process…

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