Source: U.S. Energy Information Administration, Petroleum Supply Monthly Starting with the Weekly Petroleum Status Report (WPSR) published on Thursday, October 13, the U.S. Energy Information Administration (EIA) will no longer Continue Reading
In the future, when investors look back at the year that represented the turning point for clean energy, 2016 may be it. The industry overall is growing at a breath-taking Continue Reading
has published an interesting article claiming that the U.S. has more oil reserves than Saudi Arabia… if you include shale oil. Rystad Energy A new independent estimate of world oil Continue Reading
The newest class of ships from Royal Caribbean Cruises Ltd (RCL) will be powered by liquefied natural gas (LNG) and likely will introduce the use of fuel cell technology, ushering Continue Reading
Crude at $60 a barrel would probably trigger a strong increase in North American oil output, the head of the International Energy Agency said, amid signs that OPEC members and Continue Reading
Texas helped lead the U.S. out of recession, thanks in part to the shale drilling revolution. But after more than two years of slumping oil prices, the state is now Continue Reading
We have been hearing a great deal about IMF concerns recently, after the release of its October 2016 World Economic Outlook and its Annual Meeting October 7-9. The concerns mentioned Continue Reading
Head of Russian state oil firm Rosneft Igor Sechin attends a session of the St. Petersburg International Economic Forum 2016 (SPIEF 2016) in St. Petersburg, Russia, June 16, 2016. Igor Continue Reading
Rising demand for oil over the next two decades is likely to overwhelm the impact of the electric car on crude markets, said Spencer Dale, chief economist for BP Plc. Continue Reading
Russia’s central bank will face an easier path to interest-rate cuts if oil prices rise further, Governor Elvira Nabiullina said. “If there is a higher oil price, then it can Continue Reading
