Gains in Iraq, Iran, Kuwait counter Nigeria losses: survey Saudi Arabia pumps at all-time peak of 10.69 million b/d OPEC’s crude production climbed to a record last month as increased Continue Reading
North Dakota crude oil production is too low to support the development of the planned east-bound Sandpiper pipeline, Enbridge Energy announced. “Enbridge Energy Partners has completed a review of Sandpiper Continue Reading
A lauded possibility of a narrowing gap between supply and demand in the market for crude oil has yet to materialize on the global stage, analysts said. For nearly two Continue Reading
Oil Asia OPEC’s crude production increased by 40,000 bpd in August over July to a record-high in recent times, with Saudi Arabia likely setting a fresh output record, according to Continue Reading
Accord to cap output is ‘right decision for world energy’ Producers understand need to compromise on Iran’s involvement Vladimir Putin said he’d like OPEC and Russia, producers of half of Continue Reading
OPEC’s oil output is likely in August to reach its highest in recent history, a Reuters survey found on Wednesday, as extra barrels from Saudi Arabia and other Gulf members Continue Reading
Crude markets are ‘saturated’ with stored crude: Al-Falih China, India show strong demand; Saudi refineries boost use Saudi Arabia, the world’s biggest oil exporter, won’t boost output to capacity and Continue Reading
Argentina Rig Argentina is advancing in its mission to become the largest shale oil and gas producer outside of North America. But well economics still challenge the industry, despite heavy Continue Reading
Output grows 0.6% in June to cap grim second-quarter result Data suggests GDP ‘to get a nice lift in the third quarter’ Canada’s economy grew at the fastest pace in Continue Reading
One would hardly expect an official from Obama’s administration, which has dedicated a lot of work to curbing the harmful effects of fracking on the environment and public health, to Continue Reading
