An oil price spike is starting to look increasingly possible, with a rerun of 2008 not entirely out of the question, according to a new report. The outages from Iran…
Brent jumped above $80 per barrel on Monday, coming on the heels of the decision by the OPEC+ coalition to do nothing in the face of the tightening oil market.…
The entry into effect of tighter emission rules for bunkering fuel will cause a temporary spike in crude oil demand as refineries increase their daily runs by around 400,000 bpd,…
The shipping industry is preparing for a major disruption of the types of fuels it will be using as early as the beginning of 2020, when stricter regulations for the…
President Trump’s insistence that the U.S. is unfairly shouldering the cost of protecting global sea shipping lanes for major oil producing nations received a new boost last week. A report…
Saudi Arabia will boost its crude oil production in the coming months as it expects stronger demand, Oil Minister Khalid al-Falih said this weekend, as quoted by S&P Global…
JP Morgan expects Brent Crude to hit $85 a barrel over the next six months—with a spike to $90 likely—as the investment bank raised its oil price projections to…
The OPEC/ non-OPEC JMCC meeting in Algiers has provided a very diffuse outcome. Oil markets seem to be heading to a state of instability, as oil supplies come under severe…
The weekend terrorist attack in Iran could be more important to oil prices than Sunday’s OPEC meeting, as the attack could exacerbate a rivalry in the most crucial oil-producing region…
Are we nearing another financial crisis? The supply-side story for oil prices is heavily skewed to the upside, with production losses from Iran and Venezuela causing a rapid tightening of…
When the New York Times earlier this month reported that President Trump had met with Venezuelan military officers unhappy with the country’s government to discuss a coup against Nicolas…
While the Permian has experienced a drilling boom and has received tons of media attention, a lesser-known but still remarkable revival has been underway in the Bakken this year. At…
Plunging Canadian prices have been depressing oil producers’ realized prices and revenues, even though the U.S. benchmark and the international Brent Crude prices have rallied year to date. But it’s…
Venezuelan President cum dictator Nicolas Maduro has announced that his nation is set to increase its oil exports to China to a staggering one million barrels per day (bpd)…
Solar and wind farms, stretched across North Africa's Saharan desert and relying solely on existing technologies, could produce enough electricity to power the entire world. (That amount of electricity approximates…
Although natural gas is projected to be the fastest-growing fossil fuel over the next two decades, the global oil market won't likely be far behind. Multiple organizations project that global…
A mere two years ago Russia had just one LNG project and one could rarely read about it in media outlets. With Yamal LNG, however, that has now changed completely,…
While there has been no love-loss between the U.S. and Russia in recent years, news coming out of Moscow yesterday was sure to cheer the most ardent Russian naysayers in…
Columbia University School of Engineering and Applied Science engineers have observed how carbon dioxide is activated at the electrode-electrolyte interface. Using surface-enhanced Raman spectroscopy the finding shifts the catalyst…
Mining grew by 6.3 percent year-on-year (y-o-y) in the first quarter of 2018, according to data issued by the General Authority for Statistics on July 2. Coupled with expansion in…