Crude oil prices, turning lower following comments from the U.S. Federal Reserve Board, dropped further Thursday amid European concerns of subdued growth. Minutes from the April meeting of the Federal Continue Reading
After a dismal start to the year, oil prices staged a partial recovery, with dated Brent Blend, the global benchmark, rising by almost 70% from a 13-year low of US$26/barrel Continue Reading
Oil traders from Houston to the North Sea are tapping into plentiful storage onshore and offshore, evincing little sign of concern yet about mammoth supply losses from Canada to Nigeria Continue Reading
Marcellus Shale Tower The latest drilling productivity report from the Energy Information Administration (EIA) has shown that the Marcellus shale continues to be the largest source of natural gas in Continue Reading
The scenario above shows an Oil Shock Model with a URR of 3600 Gb and EIA data from 1970 to 2015 and the Annual Energy Outlook (AEO) 2016 early release Continue Reading
Play VideoPlayMuteCurrent Time 0:00/Duration Time 0:00Loaded: 0%Progress: 0%Stream TypeLIVERemaining Time -0:00Playback Rate1Chapters Chapters Subtitles subtitles off Captions captions settings captions off Fullscreen This is a modal window. No compatible source Continue Reading
Hoshyar Zebari. Photographer: Ahmad aL-Rubaye/AFP via Getty Images Iraq has reached a $5.4 billion, three-year loan agreement with the International Monetary Fund to help OPEC’s second-biggest producer repair public finances Continue Reading
IMF finds the Saudi economy is slowing under pressure from lower crude oil prices, though reforms are pushing momentum more or less in the right direction. Photo by Fedor Selivanov/Shutterstock Continue Reading
Noble Leviathan Israeli media have reported that U.S.-based Noble Energy and Israeli partner Delek Group have reached a preliminary deal with the Israeli government that would allow them to move Continue Reading
Petroleos Mexicanos is in talks with Exxon Mobil Corp., Total SA and Chevron Corp. as Mexico’s struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Continue Reading
