Where did all the oil go? According to the latest estimates, the world should still be awash in oil stockpiles built up during the pandemic. But that’s not what the actual data on oil supplies […]
Goldman Sachs sees big oil companies perform well in 2022, boosted by strong positive consensus earnings revisions, improved ESG credentials, and accelerating buybacks The brokerage points to “an era of structurally higher commodity prices on diminishing […]
OPEC sees oil market supported by demand in a monthly report Goldman Sachs sees $100-a-barrel crude by the third quarter Oil surged to the highest level in seven years as robust demand and strained supplies […]
The world’s biggest independent oil trader said crude prices, already up more than 10% this year, could rise even more because of tight supplies. “These prices are justified,” Mike Muller, head of Asia for Vitol Group, […]
Sales of Iranian crude oil, gas condensates and petrochemical products have risen dramatically in the past 10 months, the country’s oil minister said. Addressing lawmakers in Tehran, Javad Owji said that Iran’s budget for the […]
Brent trades above $85, set for a fourth weekly increase Physical crude markets and diesel are all flashing strength Oil headed for a fourth straight weekly gain, the longest streak since October, on signs that […]
ENB Publishers Note: This is an outstanding article on the Canadian/U.S. energy relationship from Geopolitical Futures. If you are not subscribed to their site, you’re missing out. geopoliticalfutures.com There are no guarantees in geopolitics, but […]
Global oil markets are starting 2022 with a number of factors that could make for another volatile year. OPEC is continuing its monthly supply increases but taking a cautious approach so far given uncertain demand. […]
Canada has one of the most ambitious climate commitments in the world. It is also the world’s fourth-largest oil producer, with oil revenues accounting for 5 percent of GDP. It is not an easy situation […]
ADNOC has announced an investment of nearly $1billion to extend the life of the Umm Shaif oil field which started up 60 years ago. The first oil field to be discovered in waters off Abu Dhabi, […]
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