Despite the muted outlook for…
Crude oil prices remained largely…
Crude oil and low-risk, short-term cashlike investments emerged as the best-performing assets in the July-September quarter, while long-term bonds sold off heavily. Front-month WTI crude closed the quarter at $90.79/bbl,…
After dropping below $70 a barrel (bbl) in early summer, the price of West Texas Intermediate (WTI) crude has been steadily marching higher. Last week, the price breached…
In 2022 oil prices peaked at more than $100 per barrel, hitting an eight-year high, after a full year of turmoil in the energy markets in the wake of the…
OPEC’s crude oil production rose by 120,000 barrels per day (bpd) in September from August – the second monthly increase in a row – as higher output in Iran and…
The spike in oil prices to the highest level in more than a year worked wonders for the Middle East. Saudi Aramco is back to buying minority stakes in private…
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and…
Iran has revealed plans to build a new oil refinery in Syria's Homs governorate with a capacity of 140,000 barrels per day (bpd) as part of a memorandum…
After rallying to more than $97 per barrel on Wednesday, Brent crude took a breather on Thursday as traders started to take profits and the macro-focus in the markets turned…
Peak oil demand is coming to China; this message has been conveyed repeatedly by forecasters such as Wood Mackenzie and by China’s very own state oil majors. Given…
The credibility of the International Energy Agency continues to wane as it continues to advocate for an urgent shift towards a decarbonized economy. According to the IEA, global fossil fuel…
Crude oil prices moved higher today after the Energy Information Administration reported a crude oil inventory draw of 2.2 million barrels for the week to September 22. This
A controversial article from news conglomerate Bloomberg claims that cocaine is poised to overtake oil and become Colombia’s largest export. This worrying report came on the heels of the
The Rosebank development, the first major new oilfield in the North Sea for many years, will go ahead after private investors and government both signalled final approval.
Crude prices will likely get a fresh boost this week, as stockpiles at the key US storage hub in Cushing, Oklahoma, risk collapsing to the lowest level…
Oil traders have been gobbling up futures in the six most traded crude and fuel contracts on that market for four weeks now. It's easy to see why: it was…
Last month, Reuters market analyst John Kemp warned that India’s slowing oil demand growth could act as a drag on oil prices despite consumption recently hitting record highs. India’s…
Ninepoint Energy Fund’s Eric Nuttall sees a strong year ahead for oil stocks, which have been lagging behind the surge in oil prices, citing unprecedented draws in oil…
Despite the fact that U.S. oil producers are now deploying the lowest number of drilling rigs in more than a year and a half, America's crude oil production is set…
Since 25 March, hundreds of thousands of barrels per day of oil flows crucial to the semi-autonomous Kurdistan region of Iraq (KRI) and important to the oil sector…
Eleven years ago, I wrote about the how millions of holes drilled deep into American soil were already destined to pollute groundwater across the United…