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Month: April 2018

Category:
  • Climate

Republicans turn on Trump’s environment chief

A growing number of Republicans are calling on Donald Trump to take action against his Environmental Protection Agency head Scott Pruitt, whose record as one of the president’s most aggressive Continue Reading

Posted On : 9 Apr 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Permian Bottleneck Could Impact Global Oil Markets

The Permian basin is driving U.S. shale growth, with expectations that the basin will add enormous volumes this year, keeping the oil market well-supplied. But the Permian’s pipeline network is Continue Reading

Posted On : 9 Apr 2018 Published By : Tom Whipple
Category:
  • China

To Buy a Car in China, Hit the Vending Machine

Eric Zhou is interested in buying a Ford Kuga sport-utility vehicle. So last week, he picked up the car for a three-day test drive from a vending machine. Mr. Zhou Continue Reading

Posted On : 9 Apr 2018 Published By : Tom Whipple
Category:
  • Germany
  • Pipelines
  • Russia

Germany Brushes Aside Trump Criticism Of Nord Stream 2

“Germany hooks up a pipeline into Russia, where Germany is going to be paying billions of dollars for energy into Russia. And I’m saying, ‘What’s going on with that?”’ President Continue Reading

Posted On : 9 Apr 2018 Published By : Tom Whipple
Category:
  • Russia

Russian Firms To Invest $22.5 Billion In Oil Production In 2018

Russian companies are expected to invest US$22.5 billion (1.3 trillion rubles) in oil production this year, with crude output and exports forecast at the same levels as in 2017, Russia’s Continue Reading

Posted On : 9 Apr 2018 Published By : Tom Whipple
Category:
  • United Kingdom

UK Offshore Production, 2017 Summary and Projections

2017 trends for UK offshore production were disrupted by the stoppage in the Forties pipeline in December, which took several hundred thousand barrels of oil equivalent per day off line. Continue Reading

Posted On : 9 Apr 2018 Published By : Tom Whipple
Category:
  • Canada
  • Pipelines

Kinder Morgan stops spending on Canadian crude oil pipeline expansion as risks outweigh rewards

Kinder Morgan is close to pulling the plug on a planned expansion of its Trans Mountain crude oil export pipeline, designed to provide the land-locked province of Alberta with opportunities Continue Reading

Posted On : 9 Apr 2018 Published By : Tom Whipple
Category:
  • Prices

Escalating Trade War Ups Pressure On Oil Prices

Oil prices fell earlier today after President Trump threatened to slap more tariffs on Chinese products, with West Texas Intermediate shedding almost a percentage point at the time of writing, Continue Reading

Posted On : 7 Apr 2018 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Collapse Despite Strong Fundamentals

The escalating trade war between China and the U.S. is likely drowning out a rather bullish EIA report, which showed a strong inventory decline last week. The oil market is Continue Reading

Posted On : 7 Apr 2018 Published By : Tom Whipple
Category:
  • Prices

Oil prices caught between trade war pressure and risk

Crude oil prices lost ground early Friday because of lingering trade war fears and U.S. jobs data, but were balanced by concerns about geopolitical risk. U.S. President Donald Trump threatened Continue Reading

Posted On : 7 Apr 2018 Published By : Tom Whipple

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