The Bakken Shale is fueling an upturn in fortunes for the US oil industry and could be the prime driver of oil production growth in the US over the next decade.
Continue reading "Bakken Shale Driving US Oil Production Growth"
Monday, September 12, 2011
Analysts see Brent prices easing and WTI ending the year where it began, but do not rule out more volatility over Q4.
Continue reading "Oil Market Q4 Outlook"
Monday, August 29, 2011
Spread between WTI and Brent crude the emerging oil story of 2011.
Continue reading "2011 Oil Market Trends"
Monday, March 28, 2011
Oil prices eased modestly early on March 28 after advancing rebels in Libya announced that they would be able to resume crude exports in a week and Qatar promised to help them market their product on world markets.The price remains 8 percent higher than it was a month ago, and 30 percent higher than a year ago, challenging global economic recovery.
Continue reading "Oil Prices to be Volatile"
Thursday, November 11, 2010
As China demonstrates its political clout at the G20 summit in Seoul, the country continues to make headlines in economic and energy news as the China National Petroleum Company (CNPC) has made an agreement with Shell to develop oil sands. CNPC, the parent of PetroChina, reported that its president, Jiang Jiemin and Royal Dutch Shell Plc (NYSE:RDS.B)CEO Peter Voser signed a memorandum of agreement in Beijing on "integrated co-operation" of oil and gas projects in Canada and coal bed methane development in China.
Continue reading "China and Shell to Explore Canadian Oil Sands"
Thursday, October 7, 2010
The month of October is National Energy Awareness Month, and amid the precursory anticipation of trick or treat customs, this month offers a chance to consider some worthwhile investment opportunities in this sector.
Continue reading "Upstream Oil Investments Could Unlock Strong Long Term Value"
Thursday, September 2, 2010
An oil and gas production rig known as Vermilion Oil Platform 380 owned by Mariner Energy Inc. (NYSE:ME) off the coast of Louisiana was on fire Thursday.
Continue reading "More Oil and Gas Trouble in the Gulf of Mexico"
Thursday, August 5, 2010
British Petroleum (NYSE:BP) has won approval from the U.S. government for the latest step to start pumping cement into its damaged Gulf of Mexico oil well and the company is currently in a disagreement over a regulatory filing that could indemnify or limit the liability of a company’s contract from penalties and liabilities other than for contamination resulting from operations controlled by the rig owner on or above the surface of the water.
Continue reading "Oil Spill to Static Kill: The Saga Continues in the Gulf of Mexico"
Thursday, July 8, 2010
Japanese and South Korean refiners have increased oil purchases from Russia, eroding the dominance of Middle Eastern suppliers and electing for a more competitive crude source that is three weeks closer by ship. While Russian exports have surged over the last 6 months, the Middle East remains dominant, with total Middle East output in June around 19.9 million barrels, while Russia’s output was 10.3 million barrels, peaking at 330,000 barrels a day in June.
Continue reading "Russia and Middle Eastern Oil Sources Competing for Asian Business"
Tuesday, June 8, 2010
Oil prices gained as much as 1 percent with analysts offering further support; expecting a decline of 1 million barrels of U.S. oil supplies from 363.2 million last week. Oil inventories have not fallen nationwide for two consecutive weeks since January.
Continue reading "Oil Prices Climb on Supply Concerns and Bernanke Comments"
The Crude Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
OilInvestingNews.com maintains a focus on Oil exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Tuesday, January 31, 2012