Was Goldman Sachs Wrong About Oil Demand?
In my last two columns for Oilprice.com premium subscribers, I was first very clear in the opportunity I thought I saw coming in oil stocks. First, I outlined how oil Continue Reading
Oil rises nearly 1 percent as OPEC defers extension of output cuts
Oil prices ended nearly 1 percent higher on Friday, close to their highest levels in months, as major producers meeting in Vienna said they may wait until January before deciding Continue Reading
Oil Treads Water With OPEC’s Silence on Supply-Cut Extension
Oil rose slightly after an OPEC gathering concluded with no decision on an extension or deepening of supply cuts. Futures toggled between small gains and losses in New York on Continue Reading
Oil Spills From Pipeline After Syria Army Retakes Oil Field From ISIS
Oil spilled from a pipeline at the al-Teym oil field in the oil-rich desert south of Deir al-Zor in Syria after the Syrian Arab Army and its allies had recaptured Continue Reading
What happens to Iran sanctions freeze if Trump wants to exit deal
US President Donald Trump appears to be ready to declare Iran in non-compliance with the 2015 nuclear deal, according to Washington-based sanctions experts, but such a decision alone would not Continue Reading
OPEC Seeks to Contain Its ‘Problem Children’
The oil refinery in Warri, Nigeria, pictured in August 2015, has roared back to life after years of neglect. Nigeria and Libya have added 550,000 barrels a day of crude-oil Continue Reading
OPEC says winning battle to end oil glut
OPEC and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output Continue Reading
Nigerian Oil Output Below 1.8 Million BPD Quota
Nigerian oil production remains below 1.8 million barrels per day, in compliance with a quota set on the African nation by OPEC earlier this year in response to its explosive Continue Reading
Nigeria ready to play OPEC ball, Russia says
Nigeria may be ready to give up its status as an OPEC member exempt from the effort to balance the market with production cuts, Russia’s oil minister said. Members of Continue Reading
China’s recoverable shale gas reserves fell by 6 percent in 2016: ministry
China’s technologically recoverable shale gas reserves dropped by 6 percent in 2016, the country’s Ministry of Land and Resources said on Saturday, with no new finds of the unconventional resource Continue Reading