Tagged With Oil markets
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
Sceptics see the output boom in the US about to bust
27 October 2014
Chris Nelder reviews new analysis of US tight oil and shale gas production which suggests the output boost from unconventionals will wane before the end of this decade
Shale oil to base line world oil prices
27 October 2014
Falling oil prices and rising US shale-oil production are up-ending the established price setting mechanisms for world crudes
Gulf Cooperation Council producers wary in uncertain market
23 October 2014
The main Gulf Opec players are wary of ceding market share to rival producers, but also wish to keep prices in the comfort zone
Pressure on Opec from weak demand and rising supplies
23 October 2014
But these pressures are not for the first time. Robin Mills puts the latest crisis in context
Opec must decide between market share and oil price
23 October 2014
The legacy of Opec’s high oil-price strategy is now plain: rising supply and weakening demand growth. The group must decide whether to rescue its market share or the oil price
Glimmer of hope amid the falling oil price gloom
22 October 2014
Lower oil prices will be tough for the industry, but good for the global growth and demand
Crude tumbles 20% since June to reach four year lows
21 October 2014
Prices have taken the hit as plentiful supply and weak growth take toll
Non-Opec surge boosts global oil output
20 October 2014
Figures by the International Energy Agency revealed that total global output for crude was 2.8m b/d higher in September than last year
Crude prices have fallen 15% in three months
24 September 2014
Lower oil demand growth and higher production rates have pushed the oil price down
Crude prices continue to fall below $100 a barrel
22 September 2014
Oil prices continued their decline into September, with Brent crude falling well below the $100 a barrel (/b) mark and WTI trading below $95/b
Production declines take toll on global oil output
22 September 2014
Global oil production fell by 395,000 barrels a day (b/d) to 92.9 million b/d in August compared to the previous month as both Opec and non-Opec production declined, the International Energy Agency (IEA) said
Crude prices fall to 13-month lows despite Iraq turmoil
19 August 2014
The International Energy Agency said oil prices were "eerily calm"
Global production stable as Opec output hits five-month high
18 August 2014
Higher Opec output is offsetting losses from outside
Global oil demand to rise on non-OECD growth
14 July 2014
The IEA says demand growth will rise by 1.4 million barrels per day
Oil prices hit 2014 highs on Iraq supply fears
25 June 2014
Crude prices reached nine-month highs in mid-June as political instability and violence in Iraq stoked fears of supply outages
Global oil production up with a rise in non-Opec output
24 June 2014
Production increased to 92.6 million barrels a day, boosted by non-Opec output
Brent falls as Ukraine election tensions ease
27 May 2014
Poroshenko promised to bring peace to a united Ukraine after winning over half of the vote
Brent stays balanced in face of mixed demand picture
16 May 2014
The Brent crude market will remain balanced this year as growth in non-Opec supply will increase at a similar pace to global demand growth, industry leaders said
Libyan port deal puts pressure on crude prices
22 April 2014
Tensions in Libya and the Middle East along with Russia and Ukraine boosted prices at the start of the month
Opec oil output falls to five-month lows
17 April 2014
Global crude production fell by a hefty 1.2 million barrels a day (b/d) in March, to 91.75m b/d, as Opec oil output hit five-month lows.
Bullish US tight oil production rise will slash imports
10 April 2014
US tight oil production could soar to nearly 13 million barrels per day (b/d) over the next two decades, slashing its oil imports to almost zero from 2037
Crude price falls despite rising Russia tension over Crimea
18 March 2014
The EU has imposed travel bans and asset freezes against Russian and Ukrainian officials