July 29, 2019

Central Bank Action Could Rescue Oil Demand

Global oil demand growth has undoubtedly slowed down this year, but loosening monetary policies from major central banks could help oil demand growth pick up from […]
July 26, 2019

Central Bank Action Could Send Oil Higher

Faced with an economic slowdown, the European Central Bank indicated on Thursday that it was planning for an interest rate cut for the first time in […]
June 13, 2019

Shale Boom Boosts Gas Flaring In 2018: World Bank

Rising shale oil production in the United States that drove gas flaring up 48 percent in 2018 also pushed up the global total by 3 percent […]
June 5, 2019

World Bank Cuts Russia 2019 Growth Outlook On Oil Cuts

By Irina Slav – Jun 05, 2019, 11:00 AM CDT The World Bank reduced its economic growth outlook for Russia for this year because of lower […]
March 7, 2019

Sanctioned Bank To Service Venezuela PDVSA Accounts In Russia

The Russian accounts of Venezuela’s state oil company PDVSA and all other Venezuelan companies will be moved to a Russian bank that is sanctioned by the […]
February 19, 2019

Bank Of America: Oil ‘Anchored’ Until 2024

Brent oil prices should trade between a relatively narrow range of $50 to $70 per barrel through 2024, with prices “anchored” around $60, according to a […]
February 6, 2019

Bank Of America: Oil Demand Growth To Hit Zero Within A Decade

By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should […]
January 10, 2019

Bank Of Canada Cuts Economic Outlook As Low Oil Prices Weigh

Bank of Canada said on Wednesday that it expects real gross domestic product (GDP) to grow by 1.7 percent this year, revising down its forecast by […]