Crude Oil , Trade , International

IEA’s Fatih Birol Sees 1 Million-Barrel Oil Market Surplus

IEA's Fatih Birol told Reuters that oil prices could not be expected to rise significantly under "normal conditions" although unexpected developments, such as rising instability in Iraq, could alter the situation.

January 22, 2020

Crude Oil , Trade , International , Pipelines

Oil Prices Rise As Libya Declares Force Majeure On Oil Fields

Two major oil fields in southwest Libya began shutting down on Jan. 19 after forces loyal to Khalifa Haftar closed a pipeline, potentially cutting national output to a fraction of its normal level.

January 20, 2020

Liquefied Natural Gas (LNG) , Imports , International

Chinese Demand For US LNG Unlikely To Surge

As long as tariffs on gas remain, traders will be reluctant to commit to deals.

January 17, 2020

Liquefied Natural Gas (LNG) , Natural Gas , Crude Oil , Trade , International

Opinion: What Happens If China Does Buy $52 Billion Of US Crude, Coal, LNG?

The terms of the trade deal imply an absolutely massive increase in Chinese imports of U.S. energy, and if this actually comes to pass, it will have serious disruptive effects across global markets.

January 16, 2020

Liquefied Natural Gas (LNG) , Crude Oil , Trade , International

US Energy Exports To Climb As China Pledges Ramp-Up In Purchases

Quantities were not specified in the accord and analysts were unclear how quota sales will work.

January 16, 2020

Crude Oil , Trade , International

Opinion: Three Reasons Why WTI Crude Oil Could Reach $70

Crude oil once again takes center stage with WTI spiking to a three-month high after recent events renewed tension in the Middle East.

January 16, 2020

Crude Oil , Policy & Regulations , Trade

OPEC Expects Lower Demand For Its Oil As US Hits New Milestone

OPEC expects lower demand for its crude oil in 2020 as rival producers grab market share and the U.S. looks set for another output record.

January 15, 2020

Investment , Exploration & Production , Crude Oil , Trade , International

IPTC: All Eyes On US Shale, Says Bahrain’s Oil Minister

Speaking during the opening day of IPTC, Bahrain Oil Minister Sheikh Mohammed bin Khalifa Al Khalifa also said he sees producers challenged by rising energy demand in the future.

January 14, 2020

Crude Oil , Trade , International

Iran Unlikely To Target Strait Of Hormuz Over Soleimani Killing

China, which is increasing its influence in the region and buys 50%-70% of Iranian oil exports, would be opposed to any interruption of energy flows through the Strait of Hormuz.

January 13, 2020

Crude Oil , Trade , International , Shale Plays

Opinion: Why America Has Less To Fear From An Oil Shock

The homegrown energy boom in the U.S. has reduced its vulnerability.

January 10, 2020