At the EIC Energy Vietnam Conference held today in Ho Chi Minh City (Saigon), there was considerable talk from a multitude of players discussing in length oil and gas…
While gasoline is up 50 cents per gallon over last year, car shoppers are still leaning toward larger, fuel-sipping vehicles over small, fuel-efficient cars. Oil analysts predict the price per…
There is a lively debate in the world of oil & gas surrounding the concept of peak demand. In essence, this debate centers around the question of when oil…
Iraq’s election on May 12 has upended the political landscape in the country. The incumbent Prime Minister, Haidar Al Abadi, lost the election as voters favored Iraqi nationalist Moqtada al-Sadr,…
Ticker: Two weeks after Saudi Arabia said it was targeting $80/bbl oil, this morning Riyadh got its wishes early when Brent hit the Saudi target, jumping as much as 1%…
International regulations on the fuels used in shipping could tighten the oil market and push prices up to $90 per barrel in the next two years. The International Maritime Organization…
Geopolitics has taken over the oil market, driving oil prices up to three-year highs. The inventory surplus has vanished, and more outages could push oil prices up even higher.…
The U.S. Environmental Protection Agency (EPA) is reviewing the fuel economy standards that is says are “not appropriate”, putting the federal government and California on a collision course over the…
Australia is on track to become the world’s largest LNG exporter by next year. Home to several giant offshore projects such as the Gorgon, Wheatstone, Prelude, and Ichthys, the…
OPEC is not in a rush to start winding down the production cuts despite oil prices continuing their strong rally, with Brent briefly breaking above $79 a barrel on…
Consumers, who are already being squeezed by rising interest rates (even as the return on their cash deposits remains anchored near zero), are facing another potential constraint on their already…
It’s been a week since President Donald Trump announced that he would withdraw from the Iranian nuclear deal reached in 2015 and impose so-called powerful economic sanctions against the…
The European Union (EU) is considering switching to euros instead of U.S. dollars in the oil trade with Iran, Sputnik reported on Wednesday, quoting a diplomatic source. Europe—collectively one…
A day after the American Petroleum Institute’s crude oil inventory report put a restraint on oil prices, the Energy Information Administration pushed prices up again by reporting a draw…
Brent is nearing $80 per barrel and some analyst see $100 not far off. That raises the question about how much of a dent high oil prices will make in…
Energy stocks have struggled to break out over the past year, although oil prices have been rising. Only recently, in the past month, the S&P 500 energy sector started…
The Permian basin has garnered much of the media attention when it comes to U.S. shale growth, but higher oil prices are putting more shale regions into profitable territory. In…
The United States began exporting LNG just two years ago, and last year it was already a net exporter of the fuel, despite a global glut. By the end of…
As if heightened tensions in Syria and Yemen and increased divisions in the U.S-Iran and Iran-Israel relations were not enough, a surprise—albeit still preliminary—election result in OPEC’s second-largest producer Iraq…
OPEC's efforts to cut global oil inventories are finally paying off, with Brent crude inching closer and closer to $80 per barrel. (Click to…