OPEC “mission accomplished” as crude stocks down: IEA
April 13, 2018 | News
The International Energy Agency says OPEC and non-OPEC countries participating in the cartel’s supply cut […]
Oil prices up on Middle East risks, dwindling global crude stocks
April 13, 2018 | Financial
Oil prices rose on Friday and are headed for their largest weekly gain since last […]
Saudi Aramco world’s most profitable oil company, but $2T valuation may be off
April 13, 2018 | News
Mohammed bin Salman, Saudi Arabia’s Crown Prince, has made the Saudi Aramco IPO a cornerstone […]
Oil markets tighten even with boom in US shale: OPEC report
April 12, 2018 | News
Oil markets are tightening as the global oil stocks surplus that decimated oil prices in […]
Oil prices slip on stronger US dollar, despite rising Middle Eastern tensions
April 12, 2018 | Financial
Oil prices slipped slightly on Thursday as the rising US dollar cut short a rally […]
Tide turning for Canada oil industry, but will create just 2,150 new jobs over next 5 years
April 12, 2018 | News
Bottlenecks in pipeline capacity, soaring shale oil production in the US eroding Canadian oil producers’ […]
Crude demand rises, output falls, boosting supply concerns: IEA’s Birol
April 11, 2018 | News
As production from mature oil fields declines and the OPEC supply cut agreement continues at […]
Oil prices hit Dec 2014 levels after missiles intercepted over Riyadh
April 11, 2018 | Financial
Oil prices jumped on Wednesday after Saudi Arabia reported it intercepted missiles over its capital […]
NEB releases first-ever report on Canada’s refining industry
April 11, 2018 | News
Eastern Canadian refineries process primarily conventional light crude oil Canada has a strong refining industry […]
US drillers target Eagle Ford shale play as oil debt eases
April 10, 2018 | News
The Eagle Ford shale play produces less crude than the Permian basin, but is located […]
Opinion: Hedge funds rotate from WTI to Brent in search for roll yield
April 10, 2018 | Financial
Hedge funds cut their bullish position in crude and fuels recently, reversing the trend that […]
Oil prices top $70/barrel as China eases trade war tensions
April 10, 2018 | Financial
Oil prices rose above $70/barrel on Tuesday after Chinese President Xi Jinping promised to open […]
Oil prices rise on concerns over Middle Eastern strife
April 9, 2018 | Financial
Oil prices rose on Monday after an air strike rocked a Syrian air base this […]
80 billion barrels of tight oil (light sweet) discovered in Bahrain
April 9, 2018 | News
“Only a fraction of the 80-plus billion barrels is likely to be recoverable.” – Wood Mackenzie […]
Jump in Permian basin output clogs pipelines, cuts prices
April 6, 2018 | News
Permian basin production may be slowed or even shut in this year because of limited […]