There is great anxiety in the market today mainly related to supply concerns.
Read More »Saudi Aramco`s Ambition to Become a Leading Player in LNG Market
Sempra has said it hopes to reach a final investment decision by early 2020.
Read More »Active Oil Rig Number Falls amid Oil Price Correction
US oil production ticked up slightly for week ending May 17. coming in at 12.2 million bpd- just 100.000 bpd off the April 26 high of 12.3 million bpd.
Read More »Shell`s First Production from a Jurassic Reservoir in Gulf of Mexico
All eyes will be on the well performance of the potential heavy hitter.
Read More »Trump and Xi Killed the Oil Rally
The U.S.-China relationship has moved further off track over the past two weeks.
Read More »Maduro Accuses Guaido of Stealing Oil Profits
Oil production would continue falling and possibly accelerate throughout 2019 as sanctions-related deadlines pass.
Read More »Trade Tensions and Stockpiling Continue to Hurt Oil Prices
Brent is set for its biggest weekly fall in six months and WTI in 15 weeks.
Read More »OPEC+ Cooperation should Include Joint Investments Issues
Partnership among the OPEC+ nations should include issues of joint investments and technological cooperation.
Read More »Oil Gains with OPEC Signaling Output Cut Extension
Tensions in the Middle East continue to risk secure supply of oil from the region to the global market.
Read More »North Sea Oil Production Struggling
Rystad expects North Sea oil production to drop to 2.28 million bpd with 462 000 bpd lost due to outages.
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