Investors Reward Big Oil’s Frugality
Belt-tightening has been the policy of necessity in the oil industry over the past three years, and even the price recovery that began at the end of 2016 did not Continue Reading
How U.S. Fuel Economy Standards Compare With the Rest of the World’s
On Monday, the Trump administration formally declared that Obama-era fuel economy rules for automobiles were too strict and would likely be weakened in the months ahead. So how strict are Continue Reading
Oil inches up, but rising Russian output still weighs
Oil prices inched up on Tuesday as rising Russian output and expectations of a reduction in Saudi Arabian crude prices were offset by a potential slowdown in U.S. production. U.S. Continue Reading
Oil falls 2 percent on Russia output rise, potential Saudi price cut
Oil fell by more than 2 percent on Monday, pressured by a rise in Russian production, expectations that Saudi Arabia will cut prices of the crude it sends to Asia Continue Reading
Are We Sleepwalking Into The Next Oil Crisis?
One school of thought is that future oil demand is set to decline because consumers will have better options. Many in this “peak demand” camp believe that the growth of Continue Reading
Oil Prices Poised To Rise As Cycle Comes To An End
Each month, I publish reports on ten to fifteen publicly traded upstream oil & gas companies. Part of each report is my estimation of what the company would sell for Continue Reading
Saudi Arabia seen cutting May crude prices to Asia: survey
Top oil exporter Saudi Arabia is expected to cut prices for all crude grades it sells to Asia in May to reflect weaker prices for its Middle East benchmark Dubai Continue Reading
China’s crude oil futures contract should confound the skeptics
China’s new crude oil futures contract, which began trading this week, has a good chance of confounding the doubters and becoming a regional benchmark where other contracts have failed. The Continue Reading
Oil rises on lower U.S. drilling activity, but rising Russia output…
Oil rose towards $70 a barrel on Monday, lifted by a drop in drilling activity in the United States and concerns that Washington could reintroduce sanctions against Iran. U.S. Continue Reading
An Oil Price Rally Is Likely
Oil prices seesawed at the start of the week before jumping close to multi-year highs on geopolitical concerns, with Brent hitting $70 and WTI at $65. However, geopolitical pressure is Continue Reading