With the risk of a…
A new type of oil…
Former president and leftist candidate Luis Inacio Lula da Silva emerged victorious from Brazil’s hotly contested October 2022 presidential election. Populist hard-right president Jair Bolsonaro’s tenure as the…
With the weakness in oil prices in Q-4, producing companies have struggled, in many cases giving up 20-30% of their early November peak share prices. The $109 average realizations of…
To say that the six countries that make up the Gulf Cooperative Council (GCC) live and breathe hydrocarbons is hardly an exaggeration. About 60years ago, the average city…
As banks have pulled back from funding oil and gas operations and other traditional sources of financing such as equity investment or reserve-based lending (RBL) facilities are drying…
Peru’s long-running political crisis has erupted into violence. Scandal embroiled leftist president Pedro Castillo, who sought to upend the conservative establishment and decades…
India is one of the biggest drivers of global energy demand growth and has long been a leading element in price forecasts. With an economy growing as fast…
Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory draw of 5.9 million barrels for the week to December 16. At 418.2 million…
Kazakhstan’s state-owned oil and gas company is ending the year with a $330 million cash infusion after finally making its stock exchange debut, over a decade after plans…
Earlier this month, the White House’s top energy advisor Amos Hochstein called shale drillers “un-American” for their refusal to boost oil production despite the administrations’ multiple calls to…
Over the weekend, we reported that oil exports of Russian ESPO-grade oil from the Pacific port of Kozmino had collapsed by more than…
Investors sold petroleum for a fifth consecutive week but the pace of selling slowed as the balance of risks began to shift to the upside and beaten down prices provided…
Chairman and CEO of Baird-owned Strategas Research Partners Jason Trennert has advised investors to adopt a defensive approach in 2023 due to a…
U.S. gasoline prices are now lower than they were at this time last year, and the national average could drop to below $3…
In its latest monthly report, OPEC revealed it had yet again failed to produce as much oil as it agreed to produce the…
The European Union has reduced its seaborne imports of crude oil from Russia, but just ahead of the embargo effective December 5, the EU was still importing Russian crude and…
Russia is interested in increasing its oil production through projects in Venezuela, Russian deputy prime minister Alexander Novak said on Thursday, according to TASS. Novak met with Venezuela’s oil minister…
Shares of leading Brazilian National Oil Company (NOC) Petroleo Brasileiro SA aka Petrobras (NYSE: PBR) lost R$30 (~US$5.6) billion in market value…
The price cap on Russian oil exports that went into effect last week to much anxiety about a possible cut in shipments has so far not elicited any…
We have seen a wide range in oil prices during 2022. From the start of the year, when West Texas Intermediate-WTI, was trading in the upper $ ’60s,…
Despite the dire predictions of peak oil demand, which will is expected to arrive during the next decade as the world transitions to…
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