Oil prices are up slighting despite the ongoing tit-for-tat tariff war between the United States and China. (Click to enlarge)
In July, Saudi Arabia saw its highest crude oil stocks draw in eight months at 5.51 million barrels, after the Kingdom unexpectedly reduced its production compared to June while it…
Crude oil production in the U.S. shale patch will hit 7.59 million bpd next month, the Energy Information Administration said in its latest Drilling Productivity Report. This is 79,000…
Oil prices were up early on Tuesday morning amid reports that Saudi Arabia would be comfortable letting oil prices rise above $80 a barrel and OPEC may not be rushing…
West Texas Intermediate could drop to US$65 a barrel later this year on the back of extra maintenance work at U.S. refineries, Tom Kloza from the Oil Price Information Service…
The shale industry has hit a bit of a rough patch, with pipeline bottlenecks, cost inflation and a crowded field contributing to a drilling and production slowdown. But many in…
Colorado will vote on November 6 on a ballot proposition to increase the setback distance for drilling oil and gas wells by five times to 2,500 feet. Proponents of the…
It is a matter of common knowledge that energy relations between Russia and China have boomed in the past decade, with all sorts of new infrastructure being built to facilitate…
Iraq’s oil production will only grow marginally over the next 10 years despite its potential capacity, which stands at as much as 7 million bpd, an analyst from IHS Markit…
While they already had their hands full killing mayonnaise, Applebee’s, and countless other industries that make up the cornerstone of American culture, in these past weeks millennials…
Electric vehicles continue to gain market share at an accelerating rate, but electrification could go even further, expanding into the realm of commercial trucking, marine travel and even to airplanes.…
An unprecedented tragedy struck a small portion of eastern Massachusetts last week when dozens of houses in the towns of Lawrence, Andover and North Andover in the Merrimack Valley began…
Russia and Saudi Arabia are eating into Iran’s oil market share, Tehran’s OPEC governor, Hossein Kazempour Ardebili, said in an interview with state oil agency Shana. The official did…
India is set to cut its imports of oil from Iran by half over the next two months, which will put a significant dent in Iran’s ability to find markets…
The rise in oil prices brought about the recovery of Norway’s oil industry, with companies lining up plans to invest in boosting oil production on the Norwegian Continental Shelf (NCS)—surely…
For about a decade, Texas has considered the idea of erecting a coastal barrier to protect against the impacts of hurricanes. Texas A&M researchers concluded that a direct hit to Galveston from…
The International Maritime Organization’s new rules on fuel emissions that will come into effect in 2020 will help to lift diesel demand, according to industry insiders attending an S&P Global…
As Hurricane Florence — a monster Category 2 storm — takes aim at southeastern United States, one of the country’s most important coal export hubs has halted operations due to looming…
John Sellers and Cody Campbell are holding court one hot August evening in the corner of an oil-themed dive bar in Midland, Texas. After flying in on their private jet,…
As crucial mid-term congressional elections in November draw near, the Trump administration is feeling the heat over higher oil prices. London-traded global oil benchmark Brent breached the $80 per barrel…