HOUSTON Tx- A widespread blackout affecting nearly all of Zulia state in Venezuela – home to 300,000 bpd around Lake Maracaibo – could lead to more...
HOUSTON Tx- India has offered to slash its purchases of oil from Iran by half if the U.S. grants it an exemption on the rest, according...
HOUSTON Tx- Venezuela’s cast-strapped government said that it would allow domestic gasoline prices to rise to the international market level, a move clearly made because the...
HOUSTON Tx- Royal Dutch Shell says that the economics of drilling have “flipped” back in favor of deepwater drilling after several years of low investment. Shell...
HOSUTON Tx- Oil prices fell on Monday after Turkey’s currency crashed, raising fears of emerging market financial contagion. Turkey’s lira has declined 30 percent in the...
HOUSTON, Tx- New U.S. sanctions on Russia will take effect later this month, banning the export of “sensitive” goods and technologies. Russia depends on imported technology...
HOUSTON Tx- THE “capital discipline” mantra seems to have taken hold over the U.S. shale industry over the past two years, but higher oil prices are...
HOUSTON Tx– Officials reportedly expect Iran to lose between 700,000 bpd and 1 mb/d of oil exports by November, according to Bloomberg. The Trump administration wants...
HOUSTON Tx- Pipeline constraints are slowing drilling in the Permian, but Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) are unbowed as they ramp up their presence...
Houston, Tx-Despite having proposed to include American crude oil under its list of tariff targets, China left oil off of its list this week when it...
