Oil Price Hits Highs on Iraq Tensions
Reuters reported today that the price of oil could keep going up on fears that violence in Iraq could lead to a stoppage of oil exports.Continue reading...
View ArticleOil Reaches 9 Month High on Violence in Iraq
Bloomberg reported that Brent Crude reached a Nine-month high in London today, rising to $115 a barrel on continued tensions in Iraq.Continue reading...
View ArticleBrent Crude Falls, U.S. Prices Up on Export Approval
Reuters reported today that prices for Brent crude oil fell as fears surrounding the impact of violence in Iraq on oil exports subsided. However, U.S. oil prices were up following a decision by the...
View ArticleU.S. Oil Exports Could Mitigate Price Rises
Writing for Time, Bryan Walsh explored the future of oil exports from the United States in light of increasing violence in Iraq. Although he noted that it is not easy to predict the future of oil and...
View ArticleOil Drops Near $110 on Lesser Supply Fears
Reuters reported today that oil prices have fallen as worries have subsided regarding supply interruptions in Libya and Iraq.Continue reading...
View ArticleOil Price Up Thursday on News of Malaysian Plane Crash
The Wall Street Journal reported that oil prices jumped this Thursday following news that a Malaysia Airlines passenger plane had crashed in Eastern Ukraine. Additionally, Israel sent soldiers into the...
View ArticleEnergy Analysts Say U.S. Crude Export Ban Will Weaken
Bloomberg reported today that energy analysts see the United States crude oil export ban weakening as exceptions are allowed by government rulings.Continue reading...
View ArticleBenchmark U.S. and Global Oil Contracts Diverge After Trading At Similar Prices
The Wall Street Journal reported that U.S. oil contracts diverged from global contracts on Monday.Continue reading...
View ArticleOil Exploration Shifting to More Developed Countries for More Predictable...
The Wall Street Journal reported today that big companies are shifting towards more developed nations for their oil and gas exploration projects. For companies like Shell (NYSE:RDS.A) and Exxon Mobil...
View ArticleInfographic: Oil Prices and the Middle East Crisis
In terms of the oil market, tension and unrest in the Middle East is a driving factor that investors should consider.Continue reading...
View ArticleInfographic: Moving Oil by Water
Back in July, the Canadian Chamber of Commerce published an infographic that looks at the opportunities and challenges presented by moving oil by water. It presents five key facts.Continue reading...
View ArticleInfographic: How Big Are Canada’s Oil Sands?
Visual Capitalist published an infographic that looks at the size of Canada's oil sands, a pertinent topic given that they were in the spotlight last week following a visit from Oscar nominee Leonardo...
View ArticleCrude Oil Falls to 15-month Lows
Benchmark crude oil prices fell to 15-month lows on Monday, which could hasten already falling gas prices.Continue reading...
View ArticleKenya Sees Oil Resources Almost Double With Drilling
Kenya expects its estimate of oil resources to almost double to one billion barrels as well-drilling increases and the government proceeds with plans to build an export pipeline.Continue reading...
View ArticleInfographic: The Oil and Gas Industry in the USA
An infographic looking at the state of oil production in the USA.Continue reading...
View ArticleChad to Double Oil Production by End of 2015
Reuters reported that Chad sees itself doubling its oil production by the end of 2015. The country is also looking to inventory potential mineral deposits.Continue reading...
View ArticleUS Shale Boom Producing Record Amounts of Oil, Demand Weakening
The US shale boom in the midst of record oil production but the news comes as demand weakens, pushing prices down.Continue reading...
View ArticlePirates May Have Missing Vietnamese Oil Tanker
CNN reported that authorities in Vietnam are on the hunt for an oil tanker that went missing last week only 40 minutes after it left Singapore for Vietnam.Continue reading...
View ArticleBrent Falls Below $90, Nears Four Year Low
Brent crude oil features fell below $90 a barrel on Friday, approaching a four-year low, with rising supply taking a toll.Continue reading...
View ArticleOil Demand Growth Weakest Since 2009
The International Energy Agency says oil demand will expand at the slowest pace since 2009 this year as global economic growth falters.Continue reading...
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