A Brighter Future for Electric Cars and the Planet
There is simply no credible way to address climate change without changing the way we get from here to there, meaning cars, trucks, planes and any other gas-guzzling forms of Continue Reading
API Reports Surprise Build In Crude Inventories
The American Petroleum Institute (API) reported a build of 1.628 million barrels in United States crude oil inventories, compared to analyst’s expectations that this week would see a draw of Continue Reading
U.S. Shale Output Just Reached A New Record
One month ago, we reported that based on recent data , June oil output from shale producers would post the first double-digit production growth since July of 2015, when oil Continue Reading
Oil prices stable as strong demand meets ongoing supply glut
Oil prices were stable on Tuesday, supported by strong consumption but weighed by ongoing high supplies from producer club OPEC and also the United States. Brent crude futures, the international Continue Reading
Oil Falls as Oversupply Concerns Persist
Oil prices reversed gains on Monday, as investors weighed signs of strong demand against a global glut that’s proven difficult to reduce. Light, sweet crude for August delivery settled down Continue Reading
4 Reasons Oil Will Rally Back To $50
n together they point to some semblance of tightening in the market For example, last week the in the IEA’s monthly Oil Market Report , the agency made headlines when Continue Reading
What If Big Oil’s Bet on Gas Is Wrong?
Global gas-fired generation capacity to decline after 2031 Energy giants plan shift from producing oil toward natural gas Talk to a Big Oil executive these days, and the chances are Continue Reading
U.S. certifies that Iran is meeting terms of nuclear deal
Iranian Foreign Minister Mohammad Javad Zarif greets U.N. Secretary General António Guterres at the U.N. headquarters in New York on Monday. (Lucas Jackson/Reuters) The Trump administration certified to Congress late Continue Reading
Libya’s NOC chief to attend OPEC, non-OPEC meeting: statement
The head of Libya’s National Oil Corporation (NOC) said on Tuesday he would lead a Libyan delegation to a meeting of OPEC and non-OPEC oil producers in St Petersburg, Russia Continue Reading
Iran sets goal of 10 new oil, gas deals
The Iranian government said it wants to secure 10 new oil and gas deals by the end of the calendar year, which for Iran ends in March. File photo by Continue Reading