U.S. crude inventories are the highest since July 2017.
Read More »Groningen Gas Output Should Be Cut More Quickly
Production at the Groningen gas field in the Netherlands should be reduced at a faster pace following a 3.4 magnitude earthquake in the northern Dutch region.
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+ Considers Oil Production Increase in the Second Half of 2019
Oil prices have rose by more than 30 percent this year.
Read More »Slight Changes to Nord Stream 2 Timings Possible
Nord Stream 2 has come under fire from the United States and several eastern European.
Read More »Oil Stocks still Building. but OPEC will Act If Needed
OPEC will not decide on output until late June when the group is due to meet.
Read More »U.S. LNG Exporters Hard Time due to Trade War with China
U.S. shipments of LNG to China hit a record in 2017.
Read More »Gazprom Discovers New Yamal Offshore Fields
The fields are located in the Kara Sea and hold 390.7 bcm and 120.8 bcm respectively.
Read More »Global Energy Investment at $1.85trln
Upstream oil and gas spending in 2018 rose by nearly 4percent year-on-year to $477billion.
Read More »OPEC to Gather in Jeddah amid Regional Tensions and Price Volatility
Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.
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