Investors & Traders
Crude oil futures have spiked more than 6 percent this week following the release of U.S. crude oil inventories data by the Energy Information Administration (EIA) on Wednesday…
In its 174th Meeting last week, the Organization of Petroleum Exporting Countries (OPEC) approved with immediate effect Congo’s request to join the Organization. The approval of OPEC to…
The warm relationship between Saudi Arabia and Russia is getting even warmer as Russia was officially invited by Saudi Arabia to become an OPEC observer member according to…
Venezuela is doing the oil market a big favor. The country’s crude oil production has been in a free fall for few years now. This downward trend has…
US Oil Rig Count Growth: The number of active rigs drilling for oil in the US increased by 11 rigs last week, bringing the total number of rigs…
- Oil Market Insights
OPEC MOMR Report: The Cartel Admits Shale Oil’s Threat to Oil Market and its Members Choose to Ignore
In January 2018, during an Energy Panel in Davos, Khalid Al-Falih, Saudi Arabia’s energy minister criticized the International Energy Agency (IEA) over its remarks that the explosive expansion…
- Outlooks & ForecastsStudents & Young Professionals
2018 Oil Market Overview and An Advice to Young Professionals and Fresh Grads
2018 Oil Market Overview The last time I wrote an article on the state of the oil and gas industry and why oil and gas young professionals, fresh…
Since the United States lifted its ban on crude oil exports on December 2015, after the Congress voted to put an end to the 40-year-old export ban, U.S.…
U.S. crude oil production continues to grow, and it continues to surprise everyone on its accelerating growth momentum to the fact that many oil market watchers, including the…