Oil & Gas News

U.S. presidential hopeful promises to ban oil & gas drilling
16.04.2019
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U.S. presidential hopeful promises to ban oil & gas drilling
Presidential hopeful Elizabeth Warren has promised, in a column on Medium, to ban all fossil fuel ex…
Iran is peddling a million barrels of oil again. No one wants it
15.04.2019
387
Iran is peddling a million barrels of oil again. No one wants it
An Iranian exchange has offered investors as much as 6 million barrels of oil so far this year. Only…
Permian takes the crown as world’s top oil field
14.04.2019
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Permian takes the crown as world’s top oil field
Last week Saudi Aramco — the national oil company of Saudi Arabia and the world’s larges…
Is this the end of the OPEC deal?
12.04.2019
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Is this the end of the OPEC deal?
Oil prices ran into a brick wall on Thursday, falling more than 1 percent on news that U.S. inventor…
Goldman: oil prices won’t reach $80
11.04.2019
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Goldman: oil prices won’t reach $80
Oil prices soared in recent days, with Brent rising to its highest point since early November. The t…
UAE oil minister: OPEC won’t repeat last year’s mistakes
11.04.2019
120
UAE oil minister: OPEC won’t repeat last year’s mistakes
OPEC and its allies in the production cut deal are committed to rebalancing the market and will not…
Trump to sign executive orders meant to free up oil and gas pipeline development
10.04.2019
309
Trump to sign executive orders meant to free up oil and gas pipeline development
The Trump administration on Wednesday will announce two executive orders aimed at freeing up more pi…
Saudis threaten ‘Nuclear option’ to kill petrodollar
08.04.2019
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Saudis threaten ‘Nuclear option’ to kill petrodollar
Saudi Arabia threatened to use the “nuclear option” of undermining the petro-dollar if t…
Oil markets will see ‘much more upside than downside,’ Citi strategist says
08.04.2019
210
Oil markets will see ‘much more upside than downside,’ Citi strategist says
Edward Morse, the global head of commodities research at Citi Group, gave a bullish outlook for glob…
Why oil prices rallied 30% this year
07.04.2019
380
Why oil prices rallied 30% this year
Oil prices gained around 30 percent in the first quarter this year, with both WTI and Brent posting…
New U.S. sanctions seek to block Venezuelan oil shipments to Cuba
06.04.2019
243
New U.S. sanctions seek to block Venezuelan oil shipments to Cuba
The Trump administration announced on Friday its latest round of economic sanctions against the gove…
Key OPEC oil producer Libya is on the brink of war as general orders forces into Tripoli
05.04.2019
461
Key OPEC oil producer Libya is on the brink of war as general orders forces into Tripoli
Libya's eastern military leader has ordered his forces to march on Tripoli, sparking concerns th…
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