Article Archive | Page 909

Nov 29, 2018 at 12:33

West Texas Intermediate yesterday fell to US$50 a barrel, after the Energy Information Administration reported yet another weekly inventory build with production at record highs, making the United States the…

Nov 29, 2018 at 12:20

Faced with a crisis moving oil out of the country, the provincial government in Alberta is stepping in to purchase trains in order to ease the midstream bottleneck. Western Canada…

Nov 29, 2018 at 12:08

“The Government’s intent in the policy was to provide for the orderly development of the oil sands in such a manner as to supplement but not displace production from the…

Nov 29, 2018 at 12:01

On November 7 Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the deputy prime minister and minister of foreign affairs, announced that Doha was looking to expand trade and investment…

Nov 29, 2018 at 10:23

Brent crude has sunk to US$60 a barrel with WTI down to US$52 and, not surprisingly, talk about Brent hitting US$100 a barrel by the end of the year is…

Nov 29, 2018 at 10:17

Just a few hours after WTI Crude dipped below $50, oil prices wiped out losses and started climbing on Thursday after reports that Russia has conceded that it needs…

Nov 29, 2018 at 09:15

A week before OPEC and allies meet in Vienna to discuss a new oil production cut, the market is still wondering whether the leaders of the OPEC and non-OPEC nations—Saudi…

Nov 28, 2018 at 17:38

Oil markets appear to be full of uncertainty, awaiting the outcome of the OPEC+ meeting for more direction. But some clues about the trajectory of oil prices in 2019 may…

Nov 28, 2018 at 16:51

Surging U.S. oil production in the Permian basin has helped crash oil prices. But the Permian is also home to skyrocketing natural gas production, and output is growing so fast…

Nov 28, 2018 at 16:11

Saudi Arabia is going to do whatever it takes to stabilize the oil market, but it can’t and won’t do it alone without a collective decision from the OPEC…

Nov 28, 2018 at 15:51

For years, boosters of U.S. LNG have trumpeted the fact that gas exports from the Gulf of Mexico could break Russia’s grip on the European energy market. That has yet…

Nov 28, 2018 at 13:46

The world’s liquefied natural gas (LNG) market will become even more competitive within the next several years. Saudi Arabia, the world’s largest oil exporter, is now vying to become a…

Nov 28, 2018 at 13:43

Flying cars were thought to be coming as soon as four years from now, but actually commercial models are coming up sooner than what had been thought. Air taxi…

Nov 28, 2018 at 11:57

The world’s largest oil company Saudi Aramco seems to have surprised the global energy markets the last couple of days. New announcements of multi-billion dollar investments in gas related operations,…

Nov 28, 2018 at 10:51

The oil price plunge of the past weeks has had OPEC considering a fresh production cut to prevent the next oil glut and steer Brent Crude prices back up…

Nov 28, 2018 at 09:45

Crude oil prices slipped further down today after the Energy Information Administration reported crude oil inventories for the week to November 23 had added 3.6 million barrels. That’s compared…

Nov 27, 2018 at 17:15

Donald Trump continues to take credit for lowering oil prices. So great that oil prices are falling (thank you President T). Add that, which is…

Nov 27, 2018 at 17:10

Three countries currently account for close to 40 percent of global crude oil production and only one of these countries is a member of the Organization of Petroleum Exporting Countries.…

Nov 27, 2018 at 16:43

The civil war in Syria has resulted in government-controlled areas being deprived of domestic oil. Before the war, Eastern Syria produced 95 percent of the country’s oil. Today, Syrian government…

Nov 27, 2018 at 15:26

The ongoing slump in oil prices, which has seen crude fall so sharply from the 52-week high set in October that $1 trillion has been wiped off energy stocks,…