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US SHALE OIL
In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
- Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
- Red carpet and red lines: Xi charmed Trump but gave up nothingWrapping up a two-day summit in Beijing, Trump has taken a step towards reducing tensions, but the gathering did not result in any major tr...
- Gautam Adani highlights energy & digital security as 'twin foundations' of national powerAdani Group Chairman Gautam Adani said that control over both energy and digital infrastructure will define 21st-century global powers. He ...
- Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
- So what is the real oil price right now?The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial mark...
- How to make drilling for oil woke againA decade after backing “all-of-the-above” energy, the political left swung hard against fossil fuels, framing oil drilling as incompatible ...
- Shale drilling climbs most in a month as Biden calls for more oilPresident Joe Biden has urged US oil companies to step up production as sanctions on Russia have helped push oil prices above $100 a barrel...
- Oil India exits US shale venture, sells 20 pc stake for $25 million"Oil India (USA) Inc (wholly owned subsidiary of OIL), divested its entire stake in Niobrara shale asset, USA," a regulatory filing by the ...
- Oil gains as US shale production set to fall sharplyUS West Texas Intermediate (WTI) crude was up 47 cents, or 2.1 per cent, at $22.88, having dropped 1.5 per cent the previous session.
- Biggest Opec+ producers aren’t pushing for deeper oil cutsOpec has slashed forecasts for the amount of oil it will need to pump over the next few years.
- Oil will be at $65-70 this year, without Trump tweets: Fereidun FesharakiOil supply is a game of chicken. If Russians don't cut, Saudis will.
- Clouds in form of Opec hangs over crude oilUntil now Saudi Arabia were living in denial, stating they expected no US shale oil response in 2017.
- Expect great volatility in oil prices in 2017: Fatih BirolIn 2017, as oil prices are increasing again, we expect increasing shale oil production to cap the prices again, says the Executive Director...
- Oil production from Middle East climbed to record while US output slams: IEAOil has recovered more than 70% from the 12-year low reached in January as Saudi Arabia’s strategy to pressure Opec’s rivals succeeds in re...
- Oil India bets big on shale assets, to raise US outputIndia’s second-largest state-run energy explorer Oil India is now betting big on its prospects in the shale oil and gas arena.
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