November 21, 2018

Is There Any Hope Left For Oil Bulls?

Oil prices are off 25 percent from their four-year highs reached in early October, after the massive sell-off that began later that month which dragged crude […]
November 21, 2018

Oil Prices Tank As Supply Glut Fears Return

Oil prices collapsed on Tuesday for the second time in a week. During midday trading, WTI fell below $55 per barrel and Brent dropped below $65 […]
November 21, 2018

The Oil Industry Is Facing A “Capex Conundrum”

Oil industry executives are surely pleased with themselves this year, with both large and small companies reporting improved financials after years of struggling. A Reuters survey […]
November 21, 2018

Oil Prices Halt Slide After API Reports Small Crude Draw

The American Petroleum Institute (API) reported a surprise crude oil inventory draw this week, of 1.545 million barrels for the week ending November 16. The draw […]
November 21, 2018

Is It Too Late To Avoid An Oil Supply Crisis?

Wood Mackenzie isn’t pulling any punches. “The warning signs are there – the industry isn’t finding enough oil.” And its latest report continues in the same […]
November 21, 2018

UK Solar Energy Policy Could See Some Radical Changes

The UK’s Business, Energy and Industrial Strategy Minister Claire Perry said on Tuesday that “solar power should not be provided to the grid for free,” signaling […]
November 21, 2018

Oil Companies Lose $1 Trillion As Prices Crash

Bearish sentiment has taken hold of oil markets, with oil and gas companies having lost $1 trillion since oil began its latest slide.  (Click to enlarge) […]
November 21, 2018

Iraq’s Oil Exports From Kirkuk Could Reach 400,000 Bpd

Iraq’s oil exports from the Kirkuk oil province could reach up to 400,000 bpd, higher than the 300,000-bpd exported before the halt last year, a Kurdish […]
November 21, 2018

IEA Extends Warning To Oil Markets

Although the U.S. waivers for Iran’s key oil customers were a relief to the oil market, the world’s economy is still very fragile and skimpy overall […]