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Time To Buy The Oil Dip: Goldman Sachs

Irina Slav


Contributor since: 17 Jan 2016

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

Latest articles from Irina

  • Leaner and Meaner After The Crash, Oil Sands Industry Expands

    Published 26 January 2017 | viewed 9,369 times

    This time last year, businesses operating in the oil sands of Alberta seemed pretty much done for. Canadian crude sold for less than US$20, and…

  • Saudi Arabia Says It Will Not Cut Exports To Key Market Japan

    Published 26 January 2017 | viewed 9,844 times

    Saudi Arabia will not reduce its crude oil exports to Japan despite the OPEC production cut agreement, a deputy minister at the oil ministry told…

  • Iraq Expands Oil Export Terminal

    Published 26 January 2017 | viewed 7,548 times

    Iraq’s South Oil Company announced it had started work on the expansion of its Khor al-Amaya oil export terminal, aiming for a daily capacity of…

  • Petrobras Creditors Put Up $5.6B Worth Of Bonds In Buyback Offer

    Published 26 January 2017 | viewed 5,139 times

    Bondholders of Petrobras have tendered US$5.58 billion worth of bonds under a US$6-billion buyback program announced by Brazil’s state-run oil company. Of the total tendered,…

  • Permian To Be Only Shale Play That Sees Output Increase This Year

    Published 25 January 2017 | viewed 10,392 times

    The Permian shale formation has been drawing a lot of attention recently, and it’s more likely than not to continue drawing even more in the…

  • Oil Prices Slip On Bearish Inventory Data

    Published 25 January 2017 | viewed 11,004 times

    The Energy Information Administration reported a 2.8-million-barrel build in U.S. commercial oil inventories, a day after the American Petroleum Institute estimated the inventories had expanded…

  • Aramco Pulls Out Of Joint Venture Talks With Petronas

    Published 25 January 2017 | viewed 12,689 times

    Saudi Aramco has pulled out of a planned joint venture with Malaysia’s state-owned oil company Petronas, concerning the construction and operation of a major refining…

  • Oil Helps Japan Book Trade Surplus In 2016

    Published 25 January 2017 | viewed 4,524 times

    Japan reported a trade surplus of US$35.8 billion (4.1 trillion yen) for 2016, thanks to much cheaper oil. This is the first trade surplus for…

  • Cash Strapped Iranian Oil Industry Braces For Trump Impact

    Published 24 January 2017 | viewed 14,032 times

    Iran has been raising eyebrows with its unwavering determination to put its energy industry back on its feet since most Western sanctions against Tehran were…

  • Aramco On The Hunt For IPO Advisers

    Published 24 January 2017 | viewed 10,138 times

    Saudi Aramco has sent requests for proposals to several investment banks that could become advisers in its initial public offering, scheduled for 2018, sources close…

  • North Sea Oil Producers Cash In On Asian Demand, OPEC Deal

    Published 24 January 2017 | viewed 10,037 times

    Crude oil from the North Sea is flowing to Asia at record rates, set to reach 12 million barrels this month, Bloomberg reports, citing shipping…

  • EPA Landing Team Lineup Signals Pro-Oil Shift

    Published 24 January 2017 | viewed 5,725 times

    A ten-member landing team for the Environmental Protection Agency, presented by the Trump administration, has demonstrated what the direction of the administration’s policies in the…

  • Oil Sands Are An Easy Target But They Are Going Nowhere

    Published 23 January 2017 | viewed 11,614 times

    Canada’s PM Justin Trudeau sparked outrage earlier this month by saying the Alberta oil sands need to be “phased out”. Because the oil sands industry…

  • Why Russia Beat Saudi Arabia As China’s No.1 Oil Supplier

    Published 23 January 2017 | viewed 23,863 times

    Russia last year overtook Saudi Arabia as China’s biggest supplier of crude oil thanks in large part to increased demand from independent refineries, popularly called…

  • OPEC + Russia Agree On ‘’Monitoring Mechanism’’

    Published 23 January 2017 | viewed 18,756 times

    At a meeting in Vienna yesterday, Saudi Arabia, Russia, Venezuela, Algeria, Oman, Qatar, and Kuwait agreed on a mechanism to monitor the rate of compliance…

  • Oil Prices Could Reach $60 This Year: Novak

    Published 23 January 2017 | viewed 15,590 times

    Crude oil prices will trade in the range between US$50 and US$60 a barrel this year, Russia’s Oil Minister Alexander Novak said on Sunday. The…

  • Oil Price Rally Sees Large Jump In M&A Activity

    Published 22 January 2017 | viewed 9,977 times

    A year ago, oil producers in the shale patch were the object of a kind of sympathy – barely alive, many of them on the…

  • Gazprom Neft Expands Arctic Oil Field Output

    Published 20 January 2017 | viewed 9,075 times

    Gazprom Neft said today it had launched production from two new wells at its Arctic oil field Prirazlomnoye, bringing the total to six. Prirazlomnoye is…

  • China To Pour $3 Billion in Iran’s Refining Capacity

    Published 19 January 2017 | viewed 10,350 times

    China will invest US$3 billion in the upgrade of Iran’s oil refining facilities, Iranian media reported, with the bulk of the investment going into the…

  • Gazprom Reports Profit Rise For First Three Quarters Of 2016

    Published 19 January 2017 | viewed 4,673 times

    Gazprom reported a net profit of US$12.36 billion (737.4 billion rubles) for the first nine months of 2016, an improvement on its nine-month 2015 result,…

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