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Dubai crude oil cheaper in October

The Dubai Department of Oil Affairs announced today that it has set the official selling price of the Dubai crude for the next October...

Shift of Middle East crude oil from US & European markets...

The ripple effects of the North American energy boom from major importer to soon-to-be exporter are being felt across the Middle East, Russia and...
Mohamed El-Masri, founder and CEO of PermianChain focusing on Blockchain

Blockchain Technology Creates New Opportunities for Oil and Gas Industry

Brox Equity, a private company registered in Alberta, Canada, is combining traditional energy and the emerging blockchain experience as a way to contribute to...

Oil Inventory Data – In-Depth Look

Analysis and discussion with John J. Licata of Blue Phoenix talking about the latest oil inventory data.

What’s behind the drop in oil prices?

The stunning fall in oil prices, from a peak of $115 per barrel in June 2014 to under $35 at the end of February...

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...

Recovery in Dubai crude price provides some relief to upstream producers...

Moody's Investors Service says the recovery in the price of Dubai crude will provide some support to upstream oil companies, which have seen their...

Goldman Sachs forecast slightly lower oil prices

Influential oil analysts at investment bank Goldman Sachs sees lower oil prices for 2013 and 2014. In its  Thursday note to investors, the investment...

Oil market ready for a bullish move despite recent worries

The recent developments around the crisis situation in Cyprus caused new uncertainties to commodity markets. Crude oil market was no exception. Additional worries were...

Growing M&A interest in MENA Oil and Gas industry

Deloitte whitepaper tackles issues facing potential investors in MENA Oil & Gas industry Global Oil and Gas transactions have suffered a modest decline in both...

Oil Tumbles

Oil set for biggest weekly drop since July.

OPEC, non-OPEC Reach Oil Cuts Deal Amid COVID-19

An emergency video conference between OPEC and non-OPEC ministerial partners, chaired by Saudi Arabia, ended on Sunday with a continued commitment of the participating...

CFOs critical role in the economic survival of oil and gas...

With oil prices slowly recovering from the dramatic fall last summer which forced global organisations to put multi-million dollar projects on ice, ACCA (the...

Crude Prices Decline as Demand Projections Differ

The beginning of the week starts with mixed oil prices in early Asian session. The US market will not open today due to the...

High oil prices harm global economy

If you follow the developments in the oil market you may know that oil price varies with tepid downward trend. Though, oil is...

Potential for Stronger Output Suppress Increase in Oil Prices

Oil prices rallied last Friday to register a seventh-straight session gain. New data showed the first decline in the number of active U.S. oil...

Where Will Oil Prices Go After Algiers?

Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this...

Is a Second OPEC Cut on The Cards?

OPEC's coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above...