Tuesday, April 24, 2018

 Oil priceA very quiet day, the Peshmerga have retreated to the 2003 borders apparently which eased upwards pressure but after the close the API stats showed a big draw which if...

A couple of weeks ago I decided not to renew, after 2 or 3 years, my subscription to the New Scient ... Source link

Oil priceNew best friends Russia and Saudi Arabia are underpinning the market, to a degree although longevity is always uncertain. The KSA after having surprisingly ‘unadhered' to its own quota in...

Oil priceHurricane Harvey has wreaked havoc in Texas over the weekend, production was halted both offshore and at onshore shale operations but the flooding has probably impacted the refineries more. On...

Notice: Please limit your comments below to the subject matter of this post only. There is a petroleum post above this one for all petroleum and natural gas posts and a...

All data below is based on the latest OPEC Monthly Oil Market Report. All data is through August 2017 and is in thousand barrels per day. The above chart does not include the 14th member...

Africa is a relatively small producer of hydrocarbons for the world market, accounting for an estimated 9% of world oil output and less than 6% of gas production in 2016. African...

By Irina Slav for Oilprice.comA day before an historic vote for independent Kurdistan, the central government of Iraq issued a statement calling on “neighboring countries and countries of the world” to...

The energy intensity of U.S. manufacturing has continued to decrease, according to the latest data from EIA's Manufacturing Energy Consumption Survey (MECS). From 2010 to 2014, manufacturing fuel consumption increased by...

It was reported earlier this week that Oranto Petroleum – one of Nigerian many emerging indigenous oil and gas corporations – has secured two production sharing agreements with Uganda to explore...
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