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Oil Extends Gain
Monday, December 10, 2018 Oil in London extended gains near $62 a barrel on prospects for a shrinking glut.
OPEC Cut Wrong-Foots Short Sellers
Monday, December 10, 2018 OPEC's surprise output reduction has wrong-footed short-sellers.
OPEC Cut Was Not Easy
Monday, December 10, 2018 The move to cut 1.2 million barrels per day from the market was not easy, according to UAE Minister of Energy Suhail Mohamed Al Mazrouei.
Oil Extends Losses
Friday, December 07, 2018 Oil extended losses near $51 a barrel after OPEC ended talks without a deal on production curbs.
OPEC Goes Back into Crunch Talks
Friday, December 07, 2018 OPEC prepared for a further day of talks on oil-production curbs after a summit on Thursday ended with no deal.
Reversing the Bearish Price Sentiment
Friday, December 07, 2018 Jefferies says reversing the overwhelmingly bearish price sentiment will likely require a credible and cohesive message from the OPEC meeting.
OPEC Agrees Larger Than Expected Oil Cut
Friday, December 07, 2018 OPEC finally broke an impasse over production curbs, agreeing on a larger than expected cut with allies after 2 days of fractious negotiations in Vienna.
Jobs in Support Activities for Mining Dip in November
Friday, December 07, 2018 The BLS reported a dip in support activities for mining in November.
Canada's Job Market Up Despite Concerns in Oil Sector
Friday, December 07, 2018 Canada's job market showed surprising resiliency last month in the face of a crisis in the oil sector.
Struggling OPEC Agrees on Cuts, Crisis Not Over
Friday, December 07, 2018 After two days of heated internal discussions, OPEC seems to have reached a production cut agreement.
Crude Oil Up for the Week
Friday, December 07, 2018 Crude futures rose amid a 'plethora of conflicting market signals.'
Thursday, December 06, 2018 Oil veers between gains and losses.
OPEC Talks End Without Oil-Cuts Deal
Thursday, December 06, 2018 OPEC ended talks in Vienna without a deal on oil production cuts as the size of Russia's contribution remained a sticking point before further talks.
What OPEC+ Must Do for Oil to go Above $70 in 2019
Thursday, December 06, 2018 Rystad Energy outlines what OPEC+ must do for oil to climb above $70 per barrel next year.
46.3B Barrels of Oil in Wolfcamp-Bone Spring
Thursday, December 06, 2018 New federal study estimates undiscovered, technically recoverable resources in Wolfcamp shale and Bone Spring Formation in Permian's Delaware Basin.
Crude Oil Down on OPEC+ and More
Thursday, December 06, 2018 Crude oil futures declined amid ongoing uncertainty regarding what action the OPEC+ group will take to bolster the oil market.
Oil Halts Advance
Wednesday, December 05, 2018 Oil retreated after the biggest 2-day gain since June.
OPEC Created A Mess
Wednesday, December 05, 2018 The Organization of Petroleum Exporting Countries created a mess, according to FGE founder and chairman Fereidun Fesharaki.
OPEC+ Recommends Oil Cuts, Defying Trump's Twitter Plea
Wednesday, December 05, 2018 Saudi Arabia, Russia and other members of the OPEC+ group recommended an oil production cut, defying a Twitter plea.
WTI Trades Above $54
Wednesday, December 05, 2018 Crude prices declined as OPEC+ members gathered in Vienna to determine whether to reduce production and by how much.
Oil Rides Biggest 2-Day Gain Since June
Tuesday, December 04, 2018 Oil headed for its biggest 2-day advance since June as concerns over a supply glut eased.
Qatar Exit from OPEC Largely Symbolic
Tuesday, December 04, 2018 Qatar's decision to exit OPEC represents a largely symbolic move for both Qatar and OPEC.
OPEC-Russia Inch Toward Output Cuts
Tuesday, December 04, 2018 OPEC and its allies gather in Vienna this week to discuss production cuts.
US M&A Activity is Red Hot, But Will it Continue?
Tuesday, December 04, 2018 Shale deals lead the way for current M&A activity, but what lies ahead?
Big Oil Battles Prolonged Gender Problem
Tuesday, December 04, 2018 Globally, the oil and gas sector ranks second only to construction as the worst for gender equality, according to a study by Boston Consulting Group.
Schlumberger's Year-End Frack Forecast is a Lump of Coal
Tuesday, December 04, 2018 Schlumberger believes the North American fracking market - already expected to be a downer for the holidays - is turning out to be even worse than expected.
Crude Oil Uptick Continues
Tuesday, December 04, 2018 Crude prices posted more day-on-day gains as players in the oil market anticipate the Dec. 6 meeting in Vienna of OPEC and non-OPEC member nations.
Oil Jumps Most Since June
Monday, December 03, 2018 Oil was jolted higher by efforts across the globe to support prices.
Russia and Saudi Arabia Will Extend OPEC+ Oil Pact
Monday, December 03, 2018 Russia and Saudi Arabia agree to extend into 2019 their deal to manage the oil market.
Analysts Outline Most Likely OPEC Meeting Scenario
Monday, December 03, 2018 Just over 800,000 barrels per day will be removed from the market, according to Fitch Solutions Macro Research's most likely OPEC meeting scenario.
Qatar Decision to Quit OPEC Surprises
Monday, December 03, 2018 Qatar's decision to leave OPEC has been described as a 'surprise' by Cantor Fitzgerald Europe.
Canada's Plan to Cut Oil Output Boosts Crude, Stocks
Monday, December 03, 2018 Alberta's announcement that it will cut oil production next year to bolster prices sent crude soaring and boosted shares of Canadian producers.
Volatile Prices Ahead?
Monday, December 03, 2018 Crude prices have suffered their steepest and fastest fall in a decade.
Shell Ties New Climate Targets to Exec Pay
Monday, December 03, 2018 Shell is introducing new, shorter-term climate change goals that will directly affect how much the company's executives will get paid.
Crude Oil Starts Week on Bullish Note
Monday, December 03, 2018 Bullish sentiment prevailed in oil markets Monday.
Oil Poised for Worst Month in 10 Years
Friday, November 30, 2018 Oil's on track for its worst month in a decade on growing fears over a global supply glut that's been exacerbated by American waivers to Iranian crude buyers.
Oil Market Hinges on Saudi Dilemma
Friday, November 30, 2018 The choice facing Saudi Arabia at next week's OPEC meeting is dramatic.
Production Cut Deal Expected at G20
Friday, November 30, 2018 A deal on cutting production will be made at the G20 summit in Argentina, according to KPMG.
Blockchain Platform to Revolutionize Oil Trading
Friday, November 30, 2018 VAKT, a new blockchain-based platform for crude oil traders, is now live.
US Adds Two Oil Rigs This Week
Friday, November 30, 2018 Despite crude oil prices falling below $50 this week, the US oil rig count increased.
Crude Oil Avoids Massive Sell-off for Week
Friday, November 30, 2018 The January WTI contract price lost 52 cents Friday to settle at $50.93 a barrel.
Oil Falls Below $50 for First Time in Over a Year
Thursday, November 29, 2018 Oil crashed below $50 a barrel for the first time in more than a year as Russia signaled little urgency to commit to supply cuts.
Market Will Tighten Up Again into 1Q
Thursday, November 29, 2018 UBS Wealth Management believes the market will tighten up again into the first quarter of next year.
UK Expected to Spend $19.5B on Decom in Next Decade
Thursday, November 29, 2018 The UK is expected to spend $19.5 billion on decommissioning over the next decade, according to a new report from industry body Oil & Gas UK.
BHGE Introduces Cost-Saving Subsea Technology
Thursday, November 29, 2018 Baker Hughes says the new technology can reduce the economic development point of subsea projects by 30%.
Four Things Upstream Firms Can Change in 2019
Thursday, November 29, 2018 BCG has identified four domains in which upstream companies can seize opportunities to transform themselves.
Crude Oil Recovers After Going Sub-$50
Thursday, November 29, 2018 January WTI crude oil futures fell below the $50 mark Thursday, reaching an intraday low of $49.41.
Wednesday, November 28, 2018 Oil climbed as the Trump administration signaled optimism a trade deal may be reached with China and an industry report indicated robust U.S' fuel demand.
Contractors' Confidence in UKCS Keeps Rising
Wednesday, November 28, 2018 Contractors' confidence in the UKCS is continuing to improve, according to a new survey.
Ineos Backs Brexit Deal
Wednesday, November 28, 2018 Ineos announces its support for the UK government's proposed EU withdrawal agreement.
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