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China to Keep Buying Iranian Crude Despite U.S. Sanctions
Aug 20, 2018 ... with the growing realization that the Donald Trump administration isn't backing down on foreign policy and many European nations will abide by its sanctions against Iran for fear of reprisal, ...
Oil Markets: Saudis, Russia Again Send Signals That Geopolitical Strife Won't Affect Their Output
Aug 17, 2018 ... will not become the start of an end for the Russian oil industry, especially if Europe doesn't join them." While the Saudi and Russian examples contribute to the notion that all is well ...
U.S. Crude Posts 7th Straight Weekly Loss With More Volatility Expected
Aug 17, 2018 ... losing streak in three years. Brent rose 52 cents to $71.95 per barrel, but again, this wasn't enough to avoid a weekly loss of slightly over 1 percent. As has been the case for the past ...
Modest Drop in Saudi Crude Production Triggers Mass Fear of Supply Depletion
Aug 6, 2018 ... "big oil" firms to negotiate better tax terms with governments and "do more activity – that doesn't necessarily mean more money." The heightened fear of a looming supply shock prompted Amrita ...
Crude Prices Retreat on Friday, But Analysts Predict Major Supply Shock
Aug 3, 2018 ... feel here, as long as we have Iranian sanctions uncertainty and tariff uncertainty, and it doesn't take much to spark a significant swing one way or the other." Interestingly, China has also ...
Modest U.S. Output Growth in June Viewed by Media as Harbinger of Further Shortfalls
Aug 1, 2018 ... that the kingdom was said to be indicating it would pump in July, suggesting demand for its oil isn't as strong as initially expected." But Iran, which is bracing for the return of U.S. ...
Crude Climbs on Strength of Surprising But "Not Critical" Stockpile Draw
Jul 25, 2018 ... contentions that it isn't significant to overall inventory, a massive drop in U.S. stockpiles calmed fears of oversupply and caused crude prices to surge upward on Wednesday, with West ...
Citigroup Predicts $45 Oil By The End of Next Year
Jul 25, 2018 ... Agency are overblown (for one thing, he thinks it's illogical to count oil production that doesn't decline – like Canadian oil sands production – and production from the Organization of the ...
IMO 2020: Scrubber Skeptics Starting to Soften Their Stance
Jul 25, 2018 ... Scorpio Bulkers invests in scrubbers? "There may be a point where it becomes compelling but it isn't to us today," said Mackey. "But as and when we get closer to 2020 we'll see how the facts on ...
Rosneft Budgeting for $63 Oil as Russia, Iran Mull Energy Cooperation
Jul 23, 2018 ... for interrupted production in other parts of the world. Specifically, Igor Sechin, CEO of Rosneft, said in an interview with state TV channel Rossia One, that his production company is basing ...