Why Are We Waiting (for Peak Oil)?
Remember those long holiday road trips where the question endlessly repeated was “are we there yet”? Well, for many in the peak oil community, waiting for it to arrive has Continue Reading
Peak Oil, a tabletop game about Crisis and Profit
You are the top manager at one of the big oil companies , tasked with leading your enterprise into a future without oil . With peak oil looming ahead, you Continue Reading
Oil Extends Gain Above $50 as Focus Returns to U.S. Inventories
Oil extended gains to the highest level in almost a month, with investor focus shifting back to U.S. crude inventories after supply disruptions and optimism over OPEC’s output curbs drove Continue Reading
Oil hits one-month high near $55 on tighter supplies
Oil hit a one-month high near $55 a barrel on Wednesday as a drop in U.S. crude inventories raised hopes that OPEC-led supply restraint is clearing a glut, while an Continue Reading
Oil Jumps On Growing Support For OPEC Deal Extension
Oil prices rose at the beginning of the week on the back of drawing inventories and increased support for an extension of the OPEC output cut deal. (Click to enlarge) Continue Reading
Oil Prices Rise on Continued OPEC Bet
Oil prices rose to a four-week high as traders continued to bet that cuts from the world’s biggest exporters and the coming high-demand season are ending oversupply in the market. Continue Reading
Crude oil prices post modest gains in Tuesday trading
Signs of a market that’s finally tightening up help stimulate a modest rally in crude oil prices in early Tuesday trading. File photo by Monika Graff/UPI. April 4 (UPI) — Continue Reading
Tanker Traffic Points At Much Tighter Oil Markets
Oil prices have rallied more than 6 percent since last week, which has largely been attributed to growing confidence in a six-month extension from OPEC combined with a temporary outage Continue Reading
Global Shipping Fleet Braces for Chaos of $60 Billion Fuel Shock
Little more than 2 1/2 years from now, the global fleet of merchant ships will have to reduce drastically how much sulfur their engines belch into the atmosphere. While that Continue Reading
Canadian Oil Disruption, OPEC Output Cuts Open Door for Mexico
Canadian crude shipments to the U.S. are poised to shrink just as the effects of OPEC-led output cuts are being felt in the Caribbean. That’s good news for Mexico and Continue Reading