Energy - Mar 20, 2017
On Monday, the oil prices dipped due to rising US drilling activity as well as steady supplies from OPEC countries despite publicized production trims.
Energy - Mar 10, 2017
OPEC and Russia’s effort to end the chronic oversupply and to increase oil prices negated by increasing U.S. productions in Permian, North Dakota and Oklahoma regions.
Energy - Mar 09, 2017
After oil price war with OPEC, better technology, improved balance sheets and the Permian Basin to drive growth in US oil industry.
Market - Jan 10, 2017
On Tuesday, oil markets moved higher on bleak expectations that some form of supply cut would be imposed.
Energy - Dec 28, 2016
According to an analyst at ClipperData, OPEC’s effort to equalize the overbalanced oil market could be affected by the unplanned consequence of crumpling crude demand from China.
Energy - Dec 24, 2016
The gain, however, is seen as a small step since the market is sighting OPEC’s management towards planned output cuts against an expected production boost from Libya.
Market - Dec 15, 2016
The International Energy Agency said that it believes the global crude oil gut will start disappearing in the first half of 2017, much earlier than it was previously expected.
Market - Dec 02, 2016
Last week, there were serious tensions regarding the OPEC meet which was rescheduled due to Saudi Arabia’s exit and Russia’s worry regarding the output slash. But the story has turned out
Industry - Nov 11, 2016
The Organization of the Petroleum Exporting Countries (OPEC), assume that the spike in oil prices would be slow over the next few years than it had estimated. According to the OPEC, the prices o