December 11, 2018

Canadian Crude Rises 70% On Unprecedented Output Cuts

By Irina Slav – Dec 11, 2018, 9:30 AM CST Since Alberta Premier Rachel Notley announced an oil production cut of 325,000 bpd beginning next month, […]
December 11, 2018

Asian Oil Futures Point To Higher Crude Prices

The markets of crude oil and liquefied natural gas (LNG) in Asia are currently awash with fuel. Yet, futures prices pointed to different market situations in […]
December 6, 2018

Oil Prices Tank Despite Large Crude Draw

As oil markets hold their breath for OPEC+’s announcement of the final production cuts to take place starting next year, the Energy Information Administration served a […]
December 5, 2018

Alberta Production Cuts Send Canadian Crude Soaring

By Irina Slav – Dec 05, 2018, 9:30 AM CST Canadian crude oil shot up by 35 percent on Monday, narrowing the huge gap with West […]
December 5, 2018

China Set To Resume Buying U.S. Crude Oil After Trade War Truce

Unipec, the trading arm of China and Asia’s biggest refiner Sinopec, plans to resume imports of U.S. crude oil during the 90-day trade truce window, as […]
November 30, 2018

What’s The Answer To Canada’s Crude Crisis?

“The Government’s intent in the policy was to provide for the orderly development of the oil sands in such a manner as to supplement but not […]
November 29, 2018

Iraq Looks To Squeeze Out Resellers Of Its Crude

Iraq is increasingly edging out resellers of its Basra crude grades on the spot market as its state oil marketing company SOMO aims to have greater […]
November 28, 2018

Oil Falls On Crude Inventory Build

By Irina Slav – Nov 28, 2018, 9:40 AM CST Crude oil prices slipped further down today after the Energy Information Administration reported crude oil inventories […]
November 28, 2018

Oil Prices Steady After API Reports Crude Build, Gasoline Draw

The American Petroleum Institute (API) reported a crude oil inventory build of 3.453 million barrels for the week ending November 23, compared to analyst expectations that […]