OPEC

ENERGY: Oil report for July 2, 2019

By OILPRICE.COM – At the start of 2019, the U.S. had 18.8 million barrels per day of oil refining capacity, a record high. – Refining processing has climbed steadily over the Read More

ENERGY: Oil report for June 28th, 2019

Oil Markets Await Two Vital Decisions By OILPRICE.COM Oil prices moved higher at the end of this week, on the eve of a highly anticipated meeting between Donald Trump and Read More

ENERGY: Oil report for June 28th, 2019

Oil Markets Await Two Vital Decisions By OILPRICE.COM Oil prices moved higher at the end of this week, on the eve of a highly anticipated meeting between Donald Trump and Read More

ENERGY: Oil report for June 28th, 2019

Oil Markets Await Two Vital Decisions By OILPRICE.COM Oil prices moved higher at the end of this week, on the eve of a highly anticipated meeting between Donald Trump and Read More

ENERGY: Oil report for June 22, 2018

OPEC’s Agreement Sends Oil Prices Soaring OILPRICE.COM – OPEC issued a communique on Friday that called on a return to 100 percent compliance for the group, down from 152 percent in May. The Read More

ENERGY: Oil report for June 19, 2018

OILPRICE.COM – The EIA forecasts Brent oil prices to average $71 per barrel in 2018 and $68 per barrel in 2019. That is a $2-per-barrel increase from the previous forecast. – But the Read More

BUSINESS: Saudis put brakes on oil rally

The Phillips 66 Wood River Refinery stands at dusk in Roxana, Illinois, U.S. Photographer: Luke Sharrett/Bloomberg , Bloomberg Under Pressure From Trump, Saudis Put Brakes on Oil Price Rally BLOOMBERG Read More

ENERGY: Oil report for May 25, 2018 – LONG READ

OPEC Sends Oil Prices Crashing OILPRICE.COM – Oil prices collapsed on Friday morning as news of Saudi Arabia and Russia considering an increase in production hit markets, driving fears that the Read More

ENERGY: Oil report for April 24, 2018

OILPRICE.COM – Natural gas production in Pennsylvania topped 15 billion cubic feet per day (Bcf/d) in 2017, a 3 percent increase from the year before. – The Marcellus and Utica shales are Read More

ENERGY: Oil report for April 13, 2018

OILPRICE.COM – Oil prices added to their gains on Friday, with Brent holding at multi-year highs. The possible trade war poses a threat to demand, but for now, the market Read More