WTI surges 29% in second quarter as global supply glut easing IEA, OPEC see market balancing as output growth lags demand Oil headed for the biggest quarterly advance in seven Continue Reading
Oil prices fell in early trade on Thursday, with Brent futures struggling to defend $50 per barrel as fears over strike outages in Norway faded and as Nigeria’s production improved. Continue Reading
Oil prices edged up Wednesday on bullish data from the American Petroleum Institute and the threat of a strike by oil and gas workers in Norway. The global benchmark, Brent, Continue Reading
Oil prices rose in early trading in Asia on Tuesday as a looming strike in Norway threatened to cut output in western Europe’s biggest producer, although Britain’s vote to leave Continue Reading
If ceasefire deal is sustainable, oil output could recover ‘Cautiously’ assumes disruptions at 350,000 b/d in second half Goldman Sachs Group Inc. said oil may trade below its $50 forecast Continue Reading
Oil prices rose again on Wednesday, as fears over the fallout from the Brexit continued to abate. But some potential supply outages also added positive momentum to crude oil. A Continue Reading
Fossil fuel-producing companies have been thrown onto the defensive over the last two years by the argument that many of their reserves will be “stranded” as the world transitions to Continue Reading
Indigenous IS fighters in northern Diyala province are using insurgent tactics to threaten areas that have ostensibly been reclaimed by government-backed forces. Kurdish Peshmerga Asayesh security forces search for suspected Continue Reading
Though some geopolitical conflicts may impede the progress, Azerbaijan is positioned to become one of the region’s key players in natural gas, analysis finds. A review from the U.S. Energy Continue Reading
Helium Spring There’s a global helium shortage. It’s not among the widely publicized problems of the world, but there is undoubtedly a helium deficit – the noble gas that most Continue Reading
