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Thursday, 18 January 2018 09:44

Venezuela's Oil Output Plummeted in 2017

Venezuela''s oil production fell nearly 13 percent last year according to figures released by OPEC on Thursday, hitting a 28-year…
File Image (CREDIT: AdobeStock / (c) scanrail) As U.S. oil output is poised to overtake Saudi Arabia, Venezuelan oil output…
Wednesday, 24 January 2018 09:29

Big Oil Flush With Cash Again, But No Party Yet

The world''s top oil companies are expected to generate more cash in 2018 than at any other time this decade…
The revolution in U.S. shale oil has battered Canada''s energy industry in recent years, ending two decades of rapid expansion…
Thursday, 01 February 2018 08:00

Oil Rises as OPEC Compliance Eclipses US Output

File Image (CREDIT: AdobeStock / (c) scanrail) U.S. production tops 10 mln bpd for first time since 1970 as U.S. inventories…
File Image (CREDIT: AdobeStock / (c) Redindie) Many investors worry about volatility overnight as low liquidity added to wild gyrations. …
Published in OE Daily: 2018 / March
Friday, 27 April 2018 13:14

US Oil Rig Count Continues Climb

© FerrezFrames / Adobe Stock The U.S. oil drilling rig count rose for the fourth week in a row and…
Published in OE Daily: 2018 / April
At BP's massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic…
Published in OE Daily: 2018 / May
Tuesday, 15 May 2018 10:33

Rising Oil Prices Boost US Economy

© Sergiy Serdyuk / Adobe Stock U.S. net petroleum imports have fallen to the lowest level in more than half…
Published in OE Daily: 2018 / May
New rules coming into force from 2020 to curb pollution produced by the world's ships are worrying everyone from OPEC…
Published in OE Daily: 2018 / May
File Image (CREDIT: AdobeStock / © scanrail) U.S. crude, gasoline inventories rise unexpectedly as Brent-WTI spread nears widest margin in…
Published in OE Daily: 2018 / May
© Zhu Difeng / Adobe Stock Pay attention to what traders actually do, not what they say, is one of…
Published in OE Daily: 2018 / May
OPEC member Venezuela has raised the prospect of declaring force majeure on contracts with major crude buyers amid plummeting output…
Published in OE Daily: 2018 / June
File Image (CREDIT: AdobeStock / © lucadp) OPEC supply cuts since 2017 have tightened market; oil has also risen on…
Published in OE Daily: 2018 / July
Tuesday, 10 July 2018 16:08

Hundreds of Oil Workers Strike in Norway

Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage…
Published in OE Daily: 2018 / July
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2018-09-19 12:15:41am