Natural gas prices rose slightly Thursday, shrugging off government data that showed a much-larger-than-expected addition to stockpiles. The U.S. Energy Information Administration said natural-gas stockpiles grew by 80 billion cubic Continue Reading
Even though the Paris climate agreement is in force, the global community needs to double down on support for a low-carbon economy, an advocacy group said. A flood of signatures Continue Reading
In this post I present developments in world crude oil (including condensates) supplies since January 2007 and up until June 2016. I then take a closer look at petroleum demand Continue Reading
Morningstar analysts forecast shale decline rates and rig count uptick will stabilize US crude production. Oil and gas industry conditions stand to gain strength after 2017, in a confluence of Continue Reading
The dramatic production resurgence of two countries that peaked over 30 years ago is ironically changing perception of peak oil today. US shale oil is an indispensable prop keeping us Continue Reading
Forecasting oil prices has proven to be a difficult exercise this year, with investment banks, ratings agencies and national and supranational organisations left baffled by how the market price has Continue Reading
Oil trader is bearish on crude oil prices in short term Iran, Iraq won’t cut production, Gunvor head of research says Gunvor Group Ltd., one of the four largest independent Continue Reading
A person carrying an umbrella walks by the Ogranization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 4, 2016. OPEC could cut production at its late November Continue Reading
The world’s biggest oil company is planning to sell shares in the entire business and not just in its refining or distribution operations, its chief executive officer said in an Continue Reading
Oil exporters in the Middle East and North Africa are expected to show lackluster economic growth because of lower oil prices, the World Bank said. “This year appears to be Continue Reading
