In this analysis, I examined the relation between crude-oil production and crude-oil reserves in the world and in the United States. The variable of interest was the amount of crude Continue Reading
The Trump administration has two assessments of the impact of the IMO 2020 marine fuel sulfur regulation to consider. The first was issued in January by the Energy Information Administration Continue Reading
Crude oil futures were stable to marginally higher during mid-morning trade in Asia Tuesday amid an expected drop in US crude inventories, while ongoing supply tensions elsewhere continued to support Continue Reading
Oil prices climbed on Tuesday, pushed up by supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela, although concerns about a potential recession kept markets Continue Reading
Saudi Arabia has been signaling for weeks that it is and will be doing whatever it takes to rebalance the oil market by slashing exports and pumping well below its Continue Reading
Crude oil futures were lower during mid-morning trade in Asia Monday, pressured by lingering fears of a global economic slowdown, despite some support seen for supply-side fundamentals.At 10:45 am Singapore Continue Reading
Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on Iran and Venezuela. Brent crude oil Continue Reading
WTI recently hit $60 per barrel for the first time since November, driven higher by the OPEC+ cuts, as well as by outages in Venezuela and Iran. Those supply cuts Continue Reading
The slump in the spot price of liquefied natural gas (LNG) in Asia to its lowest in three years should give pause for thought to the slew of companies planning Continue Reading
Budget needs are forcing Saudi Arabia to push for oil prices of at least $70 per barrel this year, industry sources say, even though U.S. shale oil producers could benefit Continue Reading
