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

Crude Oil , Trade , International

IEA’s Birol Says Weak Global Demand Growth To Cap Oil Prices In 2020

The global oil market is expected to be well-supplied in 2020 and demand growth could stay weak, keeping a lid on oil prices, the head of the IEA told Reuters on Jan. 10.

January 10, 2020

Petrochemicals , Natural Gas , Crude Oil , Trade , International

Column: US Energy Consumption Hit By Economic Slowdown

Most traders are anticipating a cyclical acceleration in oil and energy consumption this year as the manufacturing and freight sectors put last year’s slowdown behind them.

January 7, 2020

Crude Oil , Trade , International , Midstream

Insight: Oil Supply Threatened By Military Escalation Risk In Mideast

What was originally a proxy war between Washington and Tehran has dangerously become a direct confrontation that is raising concerns about Middle East oil flows.

January 6, 2020

Crude Oil , Trade , International , Midstream

Oil Tops $70 As Middle East Tensions Rattle Markets

Crude oil prices climb 5% after the U.S. assassination last week of Iranian commander Qassem Soleimani.

January 6, 2020

Crude Oil , Trade , Midstream

US Daily Crude Oil Exports Hit 4 Million Milestone

The United States has only been exporting oil since early 2016, after a four-decade ban on crude shipments worldwide was lifted in response to a surge in U.S. oil production.

January 6, 2020

Crude Oil , Trade , International

Oil Prices Jump Almost $3 After US Kills Iran’s Soleimani

Oil prices jumped nearly $3 on Jan. 3 after a U.S. air strike in Baghdad killed the head of Iran's elite Quds Force.

January 3, 2020

Field Development , Natural Gas , Trade , International , Pipelines

Greece, Israel, Cyprus Sign EastMed Gas Pipeline Deal

European governments and Israel last year agreed to proceed with the so-called EastMed project, a $6 billion to $7 billion pipeline project to carry gas from Israeli and Cypriot waters into Europe.

January 2, 2020

Crude Oil , Trade , Midstream

Oil Prices Post Biggest Yearly Rise Since 2016

Both Brent and WTI oil price benchmarks are set for their biggest yearly gains in three years, backed by a breakthrough in U.S.-China trade talks and output cuts pledged by the OPEC and its allies.

December 31, 2019