While Russian federal revenue from oil and natural gas production has declined significantly in response to low oil prices, oil and natural gas companies have actually increased investments or only Continue Reading
Actuary Gail Tverberg returns to provide an update on where we are in the global energy story. Her outlook is not rosy: she doesn’t not see a path for society Continue Reading
Oil prices were stable on Friday, weighed by a stronger dollar, but supported by signs that physical fuel markets were tightening after two years of ballooning oversupply. The dollar rose Continue Reading
Crude prices closed higher Friday, reversing earlier losses as a stronger U.S. dollar failed to subdue optimism over a tightening market. U.S. crude for December settled up 22 cents, or Continue Reading
Crude oil prices moved in mixed territory in early Friday trading as claims over global market share competed against market predictions from the World Bank. Crude oil prices reacted Thursday Continue Reading
Traders say Libya, Nigeria and Kazakhstan add to oversupply Brent crude time-spreads weaken to levels seen in February Listen to Saudi Arabia and hear the oil market is rebalancing. Look Continue Reading
OPEC’s agreement on an new production target has been followed by a bout of renewed optimism about the rebalancing of the oil market. But there are so far few signs Continue Reading
The world’s leading maritime nations are leaning toward setting rules next week to cut the sulfur in oceangoing vessels’ fuel by more than 85% in 2020, people familiar with the Continue Reading
Investors and oil market watchers are constantly wondering just how much oil is in the ground. Just how large are each country’s oil reserves? The market seems to cycle between Continue Reading
Historic week in oil and gas exploration. With the tiny Central American nation of Belize kicking off its first-ever offshore evaluation work this past Thursday . That area could yield Continue Reading
