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Article Archive

Top Oil Trader Still Sees Higher Prices In 2019

Top Oil Trader Still Sees Higher Prices In 2019

Oct 18, 2018 at 16:44

Three weeks ago, when Brent Crude prices hit $80 a barrel on fears of an imminent supply crunch with the Iran sanctions, one of the world’s top oil traders—Trafigura—was…

Saudi Aramco Pulls The Trigger On $25 Billion Megaproject

Saudi Aramco Pulls The Trigger On $25 Billion Megaproject

Oct 18, 2018 at 13:18

Saudi Aramco signed on Thursday an agreement to invest in a 400,000-bpd refinery and associated petrochemical plants in eastern China as part of Saudi Arabia’s push to expand its…

China Can’t Get Enough Of The World’s Cheapest Crude

China Can’t Get Enough Of The World’s Cheapest Crude

Oct 18, 2018 at 12:54

Canada’s oil industry woes have been a topic of discussion in the media for some time now, what with the persistent delays in the Trans Mountain expansion, unyielding…

UAE Boosts Production, Introduces New Crude Blend

UAE Boosts Production, Introduces New Crude Blend

Oct 18, 2018 at 12:17

The Abu Dhabi National Oil Company (ADNOC), the producer of nearly all of the oil in the UAE, began producing and exporting a new crude grade, Umm Lulu, in October,…

Canadian Oil Patch Grapples With Cannabis Legalization

Canadian Oil Patch Grapples With Cannabis Legalization

Oct 18, 2018 at 11:01

As of today, recreational cannabis consumption is legal in Canada. While many Canadian citizens and companies will be celebrating the reform, not to mention preparing to capitalize on this…

Is Saudi Arabia About To Enter The Arctic Gas Game?

Is Saudi Arabia About To Enter The Arctic Gas Game?

Oct 18, 2018 at 10:01

Now that global oil markets have gotten used to Saudi-Russian oil production cooperation that first hit the scene in early 2017 in an effort to reign in global price concerns,…

Iran Sends Record Amount Of Oil To China

Iran Sends Record Amount Of Oil To China

Oct 18, 2018 at 09:09

Tankers carrying some 22 million barrels of Iranian crude are on their way to the Chinese port of Dalian, Reuters reports, citing ship-tracking data, and noting this is a…

5 Companies To Watch In The Next Commodity Boom

5 Companies To Watch In The Next Commodity Boom

Oct 17, 2018 at 17:15

Rare elements are poised for a bull run that’s long overdue. And now it’s a matter of defense and national security. The hottest metal right now is definitively vanadium—not only…

What Killed The Oil Price Rally?

What Killed The Oil Price Rally?

Oct 17, 2018 at 17:03

Oil prices fell to a one-month low on Wednesday, pushed down by a rather bearish report from the EIA that showed a large increase in crude inventories. Brent briefly dipped…

U.S-Saudi Clash Could Spell Disaster For OPEC

U.S-Saudi Clash Could Spell Disaster For OPEC

Oct 17, 2018 at 16:50

The Khashoggi case is far from over, as current harsh statements coming from Washington are showing. Not only is there a long line of U.S. Senators calling for an in-depth…

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