Goldman Sachs has been extremely pessimistic about the oil market over the last year and a half, and the latest from their head of commodity research, Jeff…
Whispers of a possible game-changing deal in the copper market yesterday. Arising out of emergency talks being held for the world’s top mining firm. Chile’s state miner Codelco. Local Chilean…
TRIPOLI—Only a day after the head of the Libyan National Army (LNA) took over Libya’s key oil ports to the dismay of Western powers trying to gain support…
Oil prices could be facing a significant jolt after Federal Chair Janet Yellen, in her annual speech at the Jackson Hole economic symposium in Wyoming, said that the…
At a time when U.S. and Saudi relations are strained, the Saudi Arabian Oil Company is reportedly leading in a race to buy a large refinery in Houston.…
One of the world’s largest oil projects could soon come online, bringing a rush of new supply that could delay the oil market balance. The Kashagan oilfield is…
Listening, reading, and procuring the overall electric vehicle (EV) market, it could be ascertained that EVs will overtake fossil fuel vehicles in the near future. While the EV…
The new OPEC Monthly Oil Market Report is out with crude only production numbers for August 2016. All charts are through August 2016.
Happy middle O'week! After temporarily ripping higher in response to a surprise draw to crude inventories, oil prices are looking lower once more, as bearish builds from the…
The oil bust has created the longest period of declining investment in the global energy industry in nearly half a century, according to a new report from the…
The oil and gas fallout has been contained from Oklahoma’s major earthquake last week. With regulators ruling this week that a number of the shut-in water disposals wells…
Crude oil inventories in the U.S. fell by 600,000 barrels last week to 510.8 million barrels, the Energy Information Administration reported, adding that they remain at unseasonably…
Mexico’s state-owned oil and gas company Pemex announced the discovery of six new oil deposits in the Gulf of Mexico, four of them in shallow waters, and…
The OPEC meeting in Algiers at the end of the month and the cooperation pact between Saudi Arabia and Russia hasn’t convinced the hedge funds that oil will…
Oil prices plunged more than 2 percent on Tuesday after the IEA said that global oil demand is slowing. In its latest Oil Market Report, the IEA downgraded…
An Iranian energy expert has warned that the policy pursued by Saudi Arabia-led OPEC might end in an environmental disaster. More specifically, according to Mohammed Sadegh Djoukar,…
With the price differential between oil and LNG sending mixed signals to the market, is the time right to look at Small Scale LNG (SSLNG)? Below we outline…
French oil company, Total SA announced in a press release Friday that it would be exercising the rights to obtain 75 percent of the lease agreements in…
Oil prices fell 3% on Tuesday on bearish IEA data and a strong dollar after posting small gains on Monday.
The combination of a strong US dollar and a weak IEA report is clobbering crude today. As the market limbers up for tomorrow's EIA report, hark, here are…