August 2016

IEA: Crude Production to Fall Behind Demand
August 11, 2016

‘Our balances show essentially no oversupply during the second half of the year,’ International Energy Agency says The world’s production of…

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The Real-Estate Magnate Who’s Riding the Hottest Stock in the Oil Patch
August 10, 2016

Investors have been sifting through the rubble of the oil bust in search of bargains ever since crude prices collapsed two…

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Kuwait is hiking gas prices by up to 83%
August 9, 2016

Drivers in Kuwait may be in for a serious case of ‘sticker shock’ as gas prices soar next month. The price…

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Crude slump sees oil majors’ debt burden double to $138 billion
August 9, 2016

HOUSTON (Bloomberg) — When commodity prices crashed in late 2014, oil executives could look at their mining counterparts with a sense…

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Why oil bears shouldn’t count on U.S. shale rebound
August 4, 2016

Oil market bears argue that rebounding production in U.S. shale regions will add to the global glut of crude, slowing the…

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State Of The Oil Market
August 1, 2016

US production decline is accelerating and not as resilient as initially purported. The global oil market is now undersupplied. Based on…

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