Tagged With Oil markets
China's oil demand to slow as it enters new era
28 May 2015
Shifts in China’s economy mean the days of fast-paced consumption growth are nearing an end
Oil price deadlock with only $4 price band
21 May 2015
The narrow range has been in play since April while contradictory views have been pulling and pushing at prices
Global supply holding steady at 3.2m b/d
21 May 2015
Data from the International Energy Agency has showed growth in global oil supply
Lower oil prices the ‘New Normal’ say CEOs
18 May 2015
Industry experts have told the Asia Oil and Gas Conference that companies need to get used to lower oil prices
Shale drillers eye return to growth as oil price picks up
7 May 2015
Companies are holding off until prices recover to $65 per barrel
Oil prices 50% below last year's levels
22 April 2015
High stocks have pressured the oil price but April saw them begin to rise again
Opec supply has highest monthly increase in four years
22 April 2015
Organisation of the Petroleum Exporting Companies (Opec) reached a high supply rate in March - along with global oil supply
Oil price nearing a six-year low as US crude stocks swell
20 March 2015
Crude prices have been dented as stocks remain high in North America
Demand recovery eyed as supplies edge up
20 March 2015
Global demand has been increasing steadily, with gains expected by the IEA
Further fluctuations predicted for crude prices
20 March 2015
Rig counts, demand, contango, Libya, Saudi Arabia, Iran and ever-rising supplies from North America: they all point to further fluctuations in crude prices
US shale production stalls on lower prices
11 March 2015
As companies cut costs, output growth of shale has also fallen
Caution urged as oil prices rebound after near six year lows
23 February 2015
Brent was trading roughly 50% below its June 2014 peak as Petroleum Economist went to press.
Crude supplies fall as cuts start to bite
23 February 2015
Supplies fell to 94.1 million b/d in January, data from the International Energy Agency (IEA) showed
Oil markets seeing red as crude price keeps falling
21 January 2015
Oil markets had little to celebrate over the New Year as the crude price meltdown continued. Brent was trading at $48.46 per barrel (/b) and WTI at $46.39/b as Petroleum Economist goes to press.
Supplies rise in face of plunging oil price
21 January 2015
Crude production continues to rise and demand remains tepid in spite of the falling oil price, according to figures from the IEA.
Canadian oil sands produce more but slash planned capex
13 January 2015
Oil sands producers have announced plans to decrease capital expenditure, but many expect increased production levels this year
US shale producers slash spending amid falling oil prices
8 January 2015
Shale oil producers across the US are slashing spending and dropping rigs as the business faces its first major test from a steep decline in the oil price
Oil markets are dangerously rebalancing as prices fall
11 December 2014
Cheap oil will be a boon for consumers, but carries long-term risks too
Even lower prices await the oil industry
10 December 2014
The market is at last adjusting to the fundamentals of weak demand growth and burgeoning supply
Non-Opec growth to outpace improving demand
10 December 2014
The International Energy Agency says the trend is likely to continue into the new year
Opec leaves policy unchanged as oil price rout continues
10 December 2014
Oil prices are now at their lowest level since the financial crisis
A rebalancing of the petrodollar is starting
9 December 2014
As the latest multi-year rally in oil prices ends, a massive rebalancing of petrodollar is about to begin
Saudi Arabia gambles as Opec makes no cuts
29 November 2014
The kingdom’s shift in strategy is as risky as it was abrupt
Bakken powers ahead with production despite low oil price
27 November 2014
Opec countries and other producers hoping that a lower oil price is going to lead to a quick fall in production from the Bakken oilfield in North Dakota, the US' most prolific shale producer, are likely to be left disappointed
Opec holds output steady amid talk of new price war
25 November 2014
The 30 million barrel a day (b/d) ceiling was retained, and prices dropped as a result of the announcement
Opec gambles against US tight oil amid low oil prices
30 October 2014
They may not realise it yet, but the US’ tight oil producers are in a game of who-blinks-first with Opec