Oil falls 1 percent on fears Mideast rift could harm OPEC cuts
Oil prices fell nearly 1 percent on Monday on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a Continue Reading
World’s energy system not on track to meet climate goals: IEA
Barely one tenth of renewable energy technology is ready to meet long-term climate change targets as governments have failed to adequately support large-scale deployment, a report by the International Energy Continue Reading
OPEC’s Next Move: Expanding The Cartel
OPEC is working on establishing a legal relationship with its partners in the crude oil production cut agreement. This would mean a larger oil cartel controlling possibly more than half Continue Reading
OPEC to assess need for deep oil output cuts in July: Saudi’s Falih
OPEC and non-OPEC producers have only just agreed to extend their crude oil production cut deal through to March next year, but one of the key architects of the agreement, Continue Reading
Qatari commodity export costs to rise as UAE port ban disrupts trading
An Eikon ship-tracking screen shows tanker traffic around Qatar over the last seven days in this June 6, 2017 illustration photo. The costs of Qatari energy and commodity exports are Continue Reading
Qatar’s an LNG Giant But Far Smaller When It Comes to Oil: Chart
Qatar is a big fish in the world of liquefied natural gas but a relative minnow when it comes to oil. The Middle Eastern nation, which was targeted by a Continue Reading
What Is Behind The Diplomatic Crisis In The Persian Gulf?
A sudden diplomatic crisis broke out in the Persian Gulf on June 5, as a coalition of countries moved to isolate Qatar, the tiny oil and gas-rich emirate. In a Continue Reading
China ‘teapot’ oil group urges compliance on quotas, tax
An alliance of more than 20 of China’s independent oil refineries has urged its members to strictly adhere to government rules on oil quotas and taxes, according to a group Continue Reading
Qatar’s dispute with Arab states lifts oil prices, may impact LNG supply
A map of Qatar is seen in this picture illustration June 5, 2017. Saudi Arabia and key allies on Monday cut ties with Qatar, accusing it of supporting extremism, sending Continue Reading
Can Canadian Crude Compete In Asia?
Will the Canadian oil producers rake in higher prices for their crude oil if they sell to Asia? Is the U.S. unfairly discounting Canada’s heavy crude oil stream – the Continue Reading