Crude price rebound will start in H2 of 2016, some analysts...
Part of the reason oil is the trade of the year is because it’s going to have such a broad affect, it’s going to...
Crude oil advanced slightly for third consecutive week
Crude oil for October delivery managed to end the week in the positive, however only rose a little in weekly terms despite having ranged...
Oil vs The Market
Analysis and discussion with Stephen Schork of the Schork Report saying that the better place to look into invest maybe natural gas after surging...
Oil Inventory Data – In-Depth Look
Analysis and discussion with John J. Licata of Blue Phoenix talking about the latest oil inventory data.
Saudi Arabia, Russia and two other countries agree on oil production...
Saudi Arabia's oil minister has agreed to freeze oil production at January levels, indicating that the country may be willing to reassess its "lower...
ADNOC committed to OPEC’s Output Cuts Agreement
The Abu Dhabi National Oil Company (ADNOC), in line with the recently agreed oil production cut resolution adopted by OPEC, is undertaking the necessary...
Oil tumbled 6.3% on negative data
U.S. crude oil futures lost more than 6 percent, the biggest one-day percentage drop in six weeks, as recession fears resurfaced following Wednesday's bleak...
OPEC’s crude oil production cut is still a hint
Oil prices surged last Friday on world markets, following a report in the Wall Street Journal quoting UAE's minister of energy as saying the...
Oil at two and half year high
Oil reached to its highest level since two years on Friday, as supply cuts stemming from attacks on Libyan oil fields offset demand concerns...
“Iran’s crude output boost won’t hurt oil prices”
Iran’s proposed increase in oil production would enter the market gradually after sanctions end and won’t pressure prices, the Iranian Oil Ministry’s Shana news...
UAE oil output is 2.6mbpd: Energy Minister
The United Arab Emirates current oil production is 2.6 million barrels per day, according to Energy Minister Mohammed bin Dhaen Al Hamili.
In a statement...
Sheikh Mohammed announces new oil discovery in Dubai
H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai today announced the new oil discovery in...
US Oil Spill
The oil industry is crucial to those living on the coasts of Louisiana, Mississippi and Alabama - for years it has brought in money...
Oil market undergoing positive ‘supply shock’: IEA
The oil market is undergoing a positive "supply shock" as production in North America continues to grow at a record pace and refining capacity...
MENA oil exporters’ growth to increase in 2012
The oil exporting countries of the Middle East and North Africa are expected to see economic growth accelerate in 2012 to 6.6 percent. The...
COVID-19 & OPEC – What Is The New Normal?
Refinitiv released a special report.pdf on Covid-19 and the implications on global oil markets. Covid-19 has significantly impacted global economic outlook and oil demand as global...
New Oil Discovery Strengthens UAE’s Position as 6th Largest Oil Reserves...
The Supreme Petroleum Council (SPC) announced today the discovery of substantial recoverable unconventional oil resources located onshore, estimated at 22 billion stock tank barrels...
2012 Oil Demand Outlook Lowered
Global oil demand in 2012 is expected to grow by 800,000 b/d from 2011, down from last month’s outlook for 1.1 million b/d of demand growth