Trends
Energy insurance market continues to soften
8 October 2013
An international reinsurance consultancy, Willis Energy, predicts there will be a softening of the market in the rest of 2013
US energy independence tempered by oil-price volatility
8 October 2013
The EIA forecasts total US crude production will reach 13.1 million barrels per day by 2019
Global oil output stalls on Libyan losses
17 September 2013
Global oil production fell by 775,000 barrels a day (b/d) in August, to 91.6 million b/d, as soaring Saudi Arabian output failed to completely offset Libyan losses
Crude slips on Syria chemical weapons deal
17 September 2013
Crude oil prices fell in mid-September as the US and Russia announced a deal had been reached to dispose of Syria’s chemical weapons by mid-2014
China set to become world’s largest oil importer
22 August 2013
US crude imports have plummeted in recent years as producers have pumped more oil out of the Bakken and Eagle Ford shales and drivers have chosen more fuel-efficient vehicles
Soaring North American oil output boosts global supply
21 August 2013
Total global oil production for the month was 91.8 million b/d in July, an increase of 785,000 b/d year-on-year
Egypt turmoil pushes Brent to four-month high
21 August 2013
Brent oil prices reached four-month highs in mid-August as civil unrest in Egypt fuelled supply disruption concerns
US gas imports tumble as shale booms
24 July 2013
Imports fall to the lowest level in more than 20 years as companies line up to export the country's shale bounty
Mexico relies on US as oil supply falls and gas demand rises
18 July 2013
As its oil production keeps falling, Mexico is turning to natural gas to diversify its energy supply and fuel economic growth. Increasingly, it is relying on booming US supplies to do the job
Global oil supply falls along with non-Opec production
3 July 2013
The global supply fell month-by-month to 91.2 million b/d in May, but remains strong year-on-year
China builds energy ties as US imports slow
27 June 2013
With growing US production, imports are slowing down in North America. China is becoming more prominent where the US is pulling back
Global gas demand rises but coal is still king
25 June 2013
An International Energy Agency report says that rising consumption and low prices will drive this boost
BG warns major gas supply challenges need to be overcome
14 June 2013
New sources of gas are poised to flood the market and depress prices. But major supply challenges need to be overcome, writes Damon Evans
US pumps up oil production volumes by 13.9%
14 June 2013
The US is leading the way in oil and gas production growth
Opec's rollover: market tweaking in the hands of Saudi Arabia
3 June 2013
Opec maintained its target ceiling, and the market barely reacted
Replay of 1986 price collapse looms warns Chatham House
3 June 2013
Chatham House warns that the price of oil is heading for a crash similar to the one in the mid-1980s, when world oil prices fell by over 50%
Birol fires stark gas warning amid coal's competitiveness
30 May 2013
IEA chief economist claims rising coal use presents 'very real threat' to fuel's golden age
Opec calm, but problems await as oil prices remain high
30 May 2013
Tomorrow's meeting looks set to be quiet, but that doesn't mean all is well for the cartel
Opec crude supply increases to 30 million b/d
28 May 2013
Figures from the IEA report suggest Opec is likely to see spare production capacity build up over the next few years
Global oil demand is rising steadily
28 May 2013
With oil prices hovering around $103 a barrel, the market has found its sweet spot
Brent-WTI price spread at two-year low
28 May 2013
Crude futures were under pressure in May from seasonally weaker demand and a surplus of light, sweet grades in Europe
New US production is reshaping oil markets, says IEA
15 May 2013
The rise of US tight oil is revolutionising global markets in a way that will produce new winners and losers over the next five years
The case for caution on sustainability of US shale oil
14 May 2013
Analysts argue that while US unconventional crude output is surging, the industry needs to take a closer look at the sector's sustainability
Oil sands boost sees Canada book record output
9 May 2013
Production hit an all-time high in Alberta, which is generates the most oil production in Canada
Henry Hub natural gas price shifts to global benchmark
30 April 2013
US gas players face crossroads as North American natural gas is moving away from being a regional price point to become a global benchmark
Opec leads global oil production lower
23 April 2013
Troubles in Nigeria, Libya and Iraq contributed to the supply decline