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Oil Price
US Shale Supply Badly Hit by Oil Price War
Following the WTI price fall to around $30 per barrel due to an oil price war between Saudi Arabia and Russia, US shale production has been badly hit. The outlo…
Oil Falls As Middle East Anxieties Ebb for Now
The front-month contract for Brent crude North Sea oil was last seen down USD 0.73 at USD 68.18/bbl – off Monday’s three-month high – while the WTI equivalen…
Shale Gas
Is Shale Still Challenging OPEC’s Output Strategy?
US shale producers are cutting spending for the second year in a row. That raises questions about shale’s medium to long-term resilience as it struggles with s…
Oil Price
US Refined Product Stocks Build Higher than Expected
Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product …
Oil Price
Oil prices Fell on Friday Amid Fears Over Demand as the U.S-China Trade
International benchmark Brent crude futures, were at $57.20 a barrel by 0324 GMT, down 18 cents, or 0.3%, from their previous settlement. U.S. West Texas Interm…
Crude
US Crude Inventories Fell 3.1 Million Barrels, the EIA Said
Oil prices steadied on Thursday after falling in the previous session when official data showed United States (US) stockpiles of products like gasoline rose sha…

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