Global oil inventories will have re-balanced by mid-2018 Backwardation forecast to strengthen further in second quarter OPEC’s desire to clear the global oil inventory overhang may come sooner than expected, Continue Reading
Oil and gas analysts at investment banking firm Jefferies raise their 2018 Brent Crude and WTI oil price forecasts. Oil and gas analysts at investment banking firm Jefferies have raised Continue Reading
The oil rig was built mostly in China and drilled its first well in Cuba. Now it’s delivering a victory for Russia in its fight against U.S. sanctions. Italian oil Continue Reading
In a sign that Brazil’s offshore sector is competitive in a world of $50–$60 oil prices, two large oil companies just announced significant investments in oil fields in the South Continue Reading
Regarding Walter Russell Mead’s “ Fracking Our Way to Mideast Peace ” (op-ed, Dec. 12): While the general sentiment is correct that American energy independence frees American foreign policy, it Continue Reading
Tension in Kurdistan is again high as Kurdish protestors have been demanding for two days that the Kurdistan Regional Government (KRG) quit, in the latest fallout from the independence referendum Continue Reading
At least four people have been killed, dozens injured and numerous political party offices burned across Iraqi Kurdistan as protestors railed for a second day over a lack of public Continue Reading
Saudi air defenses shot down a ballistic missile fired by Yemen’s Houthi group toward Riyadh on Tuesday, the Saudi-led coalition said, in an attack that could escalate a proxy war Continue Reading
A MISSILE fired at Saudi Arabia’s capital Riyadh was shot down moments before it hit a royal palace today. Saudi air defences intercepted a ballistic missile fired towards the city, Continue Reading
Eni SpA announces the production start up of Zohr, the largest ever discovery of gas in the Mediterranean Sea. Eni SpA announced Wednesday the production start up of Zohr, the Continue Reading
