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Oil Bulls Headed Over Demand Cliff as Refinery Shutdowns Loom
(Monday, July 25, 2016) Over the past five years, refiners' thirst for oil has dropped an average of 1.2 million barrels a day from July to October.
Big Oil's Upside From Downstream Is Dwindling, Too: Gadfly
(Monday, July 25, 2016) As Big Oil unveils second-quarter results this week, investors will be looking down more than usual.
COLUMN-Asia's Gasoline Party Crashed by China and India
(Monday, July 25, 2016) If you had asked Asia's refiners at the start of the year where they thought their profits would be coming from, it's likely many would have said gasoline. But China and India appear to have crashed that party.
More Pain Seen for U.S. Crude as Product Glut Adds to Gloom
(Thursday, July 21, 2016) The unusually large amount of gasoline and oil in storage, combined with expectations of a ramp-up in crude production, has made traders more bearish on the price outlook for late 2016 and early 2017.
COLUMN-U.S. Refiners Carry on Processing Despite Gasoline Glut
(Thursday, July 21, 2016) So far there are few signs that U.S. refiners are actually making voluntary "economic run cuts."
Rigzone/Twitter Poll Says Reduced Hours Should Replace Job Cuts
(Wednesday, July 20, 2016) Reduced hours should replace job cuts in the oil and gas industry, according to a Rigzone poll on Twitter.
Global Oil Demand Outlook a Little Light on Actual Oil: Gadfly
(Wednesday, July 20, 2016) "Oil" as a term is as slippery as the stuff it describes.
COLUMN-Cheaper Gasoline Is Knocking U.S. Vehicle Efficiency Off Course
(Wednesday, July 20, 2016) Substantial improvements in vehicle fuel economy are a centrepiece of the U.S. government's plan to cut greenhouse emissions and meet commitments made under the Paris Climate Agreement.
Saudi Aramco Not Worried About Others Gaining Market Share in Asia -CEO
(Wednesday, July 20, 2016) Iraq overtook Saudi Arabia for the first time to be India's top oil supplier in the June quarter.
COLUMN-ExxonMobil's Offer for InterOil a Model for Buying at the Bottom
(Tuesday, July 19, 2016) At first blush the logic for the deal may seem somewhat lacking.
Retired PBF Exec: Human Element Key to Running Refinery Profitably
(Monday, July 18, 2016) Tom O'Malley, former executive chairman with PBF Energy, begins "fifth retirement" after leading company to West Coast expansion.
Russia's Arctic-Circle Ports Ship As Much Crude as Libya: Gadfly
(Monday, July 18, 2016) High in the Arctic circle, three oil terminals on Russia's northern coast are already exporting as much crude oil as Libya -- and that flow could double in the next five years.
COLUMN-U.S. Gas Prices Must Rise to Rebalance Market
(Friday, July 15, 2016) The U.S. natural gas market is on an unsustainable course as low prices stimulate strong growth in consumption while production is flat or falling.
COLUMN-U.S. Refiners Pay Price for Making Too Much Gasoline
(Thursday, July 14, 2016) U.S. refiners and motor fuel blenders made too much gasoline during the first half of 2016 and now the market is struggling to clear the resulting overhang of gasoline stocks.
As Long as India's Oil Demand Is Driven by Mopeds,It Won't Be The New China
(Wednesday, July 13, 2016) At the core of India's fuel consumption growth are small motorbikes.
OPINION: Who's Zoomin' Who When the Oil, Gas Politics Gets Very Personal?
(Wednesday, July 13, 2016) At what point does the political become so personal that it's OK to hang out at someone's home as a means of intimidation?
U.S. House Panel Subpoenas New York, Massachusetts Attorneys General
(Wednesday, July 13, 2016) New York and Massachusetts' top lawyers lead a coalition of state attorneys general who have said they would investigate Exxon and whether its executives misled the public by contradicting global warming research from company scientists.
COLUMN-U.S. Gas Glut Is Disappearing
(Tuesday, July 12, 2016) There are signs that supply and demand are rebalancing and excess stocks left over from an unusually warm winter are being worked down.
COLUMN-Hedge Funds Push Oil Prices Lower: Kemp
(Monday, July 11, 2016) Continued hedge fund liquidation of former bullish bets on oil and the establishment of new short positions have kept crude prices on the defensive over the last month.
Venezuela's Energy Woes Spread to Its Closest Ally: Cuba
(Friday, July 08, 2016) State-run oil firm PDVSA has slashed its exports to Communist-run Cuba this year, according to the company's internal trade data, seen exclusively by Reuters.