This RSS feed URL is deprecated

OPEC Guide - Platts

Crisis-wracked Venezuela's crude production in December plunged to its lowest in more than 15 years, but with seven out of OPEC's 14 countries pumping greater volumes compared to November, the bloc had a slight uptick in its collective output to 32.40 ...and more »

My 2017 Energy Predictions - Energy Trends Insider

I read an article this morning where one analyst predicted that we are in a 10-15 year bear market for oil. The analyst stated that the market is oversupplied by about a million barrels per day (it isn't — see the charts in today's article), that ...and more »

Iraq plans record February Basra oil exports despite OPEC cut in force - Reuters

SINGAPORE/MOSCOW (Reuters) - Iraq plans to raise crude exports from its southern port of Basra to an all-time high in February, keeping exports high even as OPEC production cuts take effect this month. A worker checks the valve of an oil pipe at Nahr ...and more »

CITI: Here is the key level to watch for oil - Business Insider

Oil has had a great two months. West Texas Intermediate crude oil was trading below $44 per barrel in the middle of November before speculation began to mount that OPEC producers would cut production at the cartel's November 30 meeting. The energy ...and more »

Oil prices rise on Opec production cuts and China forecast - Irish Times

Oil prices rose on Thursday, supported by signs that Opec is starting to cut output and expectations of strong demand growth in China. But rising US crude inventories reinforced concerns over plentiful global supplies. Benchmark Brent crude oil was up ...and more »

Oil futures lose 3% for the week on doubts over OPEC output deal - MarketWatch

Oil futures settled with a losses on Friday to tally a weekly decline of 3% as traders expressed doubts over compliance with the output-cut agreement, despite reports that major producers have started to comply. February West Texas Intermediate crude ...and more »

Iraq gives full February crude supply to three Asia, Europe buyers despite OPEC cut - Reuters

(Reuters) - Iraq, OPEC's second-largest oil producer, has given full supply allocations of Basra crude to three refiners in Asia and Europe for February, three sources with direct knowledge of the matter said on Monday. A worker checks the valves at Al ...and more »

Saudi keeps February oil exports steady to most buyers in Asia; cuts India, Malaysia - Reuters

DUBAI/SINGAPORE (Reuters) - Saudi Arabia has cut February term crude supplies to refiners in India and Southeast Asia, seeking to comply with an OPEC deal, but it has held most of its exports to the rest of Asia steady for a second month, industry ...and more »

Oil prices rally on Saudi production cut - Financial Times

Oil continued its see-saw start to the new year, registering its biggest advance in six weeks on Thursday after Opec's biggest producer said that it had slashed output to the lowest level in almost two years. Brent, the global oil market, rose as much ...and more »

Despite OPEC Production Cut, Another Year Of Low Oil Prices Is Likely - Forbes

OPEC Secretary General Nigerian Mohammed Barkindo (R), the Chairman of the OPEC Board of Governors Algerian Mohamed Hamel (L) and the President of the Organisation of Petroleum Exporting Countries (OPEC) Mohammed bin Saleh al-Sada (C) attend a meeting ...and more »