NEWS

May 28, 2018

OPEC, allies said to have reached goal of wiping out oil-stock surplus

KUWAIT and LONDON (Bloomberg) — OPEC and allied oil producers including Russia concluded that the crude market re-balanced in April, when their collective production cuts achieved […]
May 28, 2018

Oil’s drop below $80 vindicates cautious investors trimming bets

Money managers’ reluctance to get behind the oil rally is finally paying off. Hedge funds trimmed their net-long position — the difference between bets on a […]
May 28, 2018

Saudi-Russia policy shift sets stage for tense OPEC meeting

LONDON (Bloomberg) — When Saudi Arabia and Russia announced a new policy to revive oil production last week, one thing was missing: most of the other […]
May 7, 2018

Permian a litmus test for oil and gas industry’s methane targets

What may be becoming the world’s largest oil field may also be the world’s largest test for the oil and gas industry’s commitments to setting targets […]
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