Market/News

November 22, 2017:

Oil Prices Rise After API Reports Major Crude Draw

The American Petroleum Institute (API) reported a draw of 6.356 million barrels..

November 17, 2017:

IEA: Oil demand on a rising trajectory by 2040

According to the International Energy Agency’s World Energy Outlook 2017, up unt..

November 14, 2017:

The War That Would Transform Oil Markets

A fire erupted at an oil pipeline connecting Bahrain and Saudi Arabia, and the t..

September 28, 2017:

Oil Prices At A Ceiling, Or Just Getting Started?

Oil moved back into bull market territory this week, with Brent prices jumping t..

September 19, 2017:

IEA: Price Spike Coming In 2020

The oil market has been awash in crude for more than three years, and OPEC has s..

September 16, 2017:

Soaring Demand Drives Oil Market Recovery

It has been a bullish week in oil. Rig counts dropped, WTI broke $50, demand has..

September 14, 2017:

The Most Bullish Oil Report This Year

Despite the huge uncertainties related to the two massive hurricanes that hit th..

September 13, 2017:

Oil Prices Rise After API Reports Largest Gasoline Draw On Record

The American Petroleum Institute (API) reported a build of 6.181 million barrels..

September 1, 2017:

OPEC Compliance Hits 89 Percent In August

Output from the Organization of Petroleum Exporting Countries (OPEC) fell by 170..

August 29, 2017:

Russia And Saudi Arabia Plan To Extend Outputs Cuts Through June

Oil producers in Russia and Saudi Arabia are pushing to extend the Organization..

August 16, 2017:

Oil Prices Rise As API Reports Huge Crude Inventory Draw

The American Petroleum Institute (API) reported a major draw of 9.2 million barr..

August 12, 2017:

BP#1 is making 65 BBL/day

The BP#1 made 65 bo and +/- 187 bw, flowing at 175 psig on a 5/64’s. See attache..

August 11, 2017:

Oil Futures Point To Higher Oil Prices

The EIA reported another strong week of inventory declines in its most recent da..

August 9, 2017:

Saudi-Arabien vil formentlig skære i olieeksport i september

Det saudiarabiske olieselskab Aramco vil efter forventninger ikke levere lige så..

August 8, 2017:

Venezuela Rebellion Could Send Oil To $80

Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story..

August 7, 2017:

BP#1 well – Recomplete has begun of the well, to get it back producing

The rig was moved on location Sunday and has begun work on the recomplete in the..

August 4, 2017:

The oil producing countries need these prices to balance their state budgets

OPEC can no longer afford to ride out a wave of low oil prices that could last u..

August 4, 2017:

Is The EIA Exaggerating U.S. Oil Production?

Oil is back at $50 per barrel, restoring some semblance of confidence in the mar..

July 28, 2017:

Electric Vehicles No Threat To Oil Prices Anytime Soon

Hardly a day goes by without another media report about the impending demise of..

July 26, 2017:

Will The UAE Further Boost Its OPEC Compliance?

Following Saudi Arabia’s pledge to do the same, the United Arab Emirates announc..

July 26, 2017:

Oil Prices Leap Higher After API Reports Huge Crude Draw

The American Petroleum Institute (API) reported a huge draw of 10.23 million bar..

July 25, 2017:

Saudis To Take ‘Significant’ Measures To Bolster Oil Prices

At the meeting of OPEC and non-OPEC producers in St. Petersburg on Monday, Saudi..

July 11, 2017:

The Major Wildcard That Could Send Oil To $120

The latest rally in oil prices ran up against a wall yet again, and the same fea..

July 6, 2017:

Only $60 Oil Can Save The Aramco IPO

The OPEC deal is in crisis. All oil price gains derived from the 1.2 million-bar..

July 5, 2017:

Markets Overcome The Crash: Oil Rally Continues

Fueled by a bout of short covering, oil prices continue to climb towards $50 as..

June 21, 2017:

The Fourth Industrial Revolution Is Fueled By Oil

Artificial intelligence is already here, with algorithms replacing traders on Wa..

June 16, 2017:

Oil Prices Are Set To Rebound

The latest selloff in oil prices have left speculators in a predicament: The fun..

March 7, 2017:

IEA forecasts possible oil undersupply, price spike after 2020

Global oil supply could struggle to keep pace with demand after 2020, risking a..

February 10, 2017:

Oil Rises As Bullish Sentiment In Markets Persists

Oil prices are moving back toward the top of their recent trading range, looking..

January 23, 2017:

$25 Trillion Investment Needed To Meet Future Oil Demand

The world needs to invest US$25 trillion in new oil-producing capacity over the..

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