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Energy News
Saudi oil shipments soared ahead of OPEC production cut
December 2016 saw a dramatic increase in Brazilian crude imports to 1.05 million MT.
Oil & GasJanuary 23rd 2017
The world needs to invest USD 25 trillion in oil to meet future demand
In the first week of January, US crude production rose to 8.95 million bbl/day.
Oil & GasJanuary 20th 2017
Oil prices dip on fears that rising US output could offset OPEC cuts
Crude has risen since the OPEC and 11 other countries agreed late last year to…
Oil & GasJanuary 19th 2017
Oil prices will be much more volatile in 2017
Although the OPEC agreement could signal higher oil prices, it would also encourage more production…
Oil & GasJanuary 18th 2017
Oil down on output cut doubts
Oil prices rose more than 1 percent on Thursday on news that key crude exporters,…
Oil & GasJanuary 17th 2017
Oil market to become tight in next 2-3 years
The world could run short of oil by 2020 due to the recent sharp global…
Oil & GasJanuary 16th 2017
Iraq confirms cut in oil output even as scheduled exports rise
India consumed 196.5 million tons of oil products in 2016, up from 177.5 million tons…
Oil & GasJanuary 13th 2017
Crude oil slides as Iraq's export touches record highs
Oil prices were down 2.5% on Monday as signs that growing US production and record…
Oil & GasJanuary 11th 2017
Oil ends up as Saudi cut production
State oil giant Saudi Aramco has started talks with customers globally to discuss possible supply…
Oil & GasJanuary 10th 2017
Saudi Arabia is pulling off a rare feat for a major oil producer
OPEC and key non-OPEC members agreed in November to cut production by 1.2 million bbl/day…
Oil & GasJanuary 9th 2017
First trading day of 2017 sees crude oil at 18-month highs
The first trading day of 2017 saw crude oil prices at 18 month highs amid…
Oil & GasJanuary 5th 2017
Crude oil has lost its overnight surge
Big Oil could be in a unique position to protect its interests against a Republican…
Oil & GasJanuary 5th 2017
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Englewood, United States
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Vancouver, Canada