Global Energy Industry News

Ample oil supply in a demand-constrained world: Fuel for Thought

May 16, 2017
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By hellenicshippingnews.. Anyone looking for clues as to the direction of global oil demand would be well advised to count the number of electric bicycles dodging traffic in China’s streets. It was once held that if all of the hundreds of millions of Chinese bicycle riders were […]

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Goldman Bets Europe’s Oil Stocks Will Shine as Crude Stays Murky

May 16, 2017
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By hellenicshippingnews. European oil producers’ lower capital spending will help the region’s least-loved stocks to a standout performance this year, supported by the best quarterly cash generation in six years, according to Goldman Sachs Group Inc. “All stars were aligned in the first quarter 2017,” Goldman […]

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Op-Ed: Here are the two biggest threats to rising oil prices now

May 16, 2017
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Extending oil cuts to 2018 alone won’t be enough to maintain higher oil prices, says trader Naeem Aslam. Read full story ›

Source:: CNBC energy […]

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Oil market re-balancing is here and will continue, IEA says

May 16, 2017
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The oil market has essentially reached a balance and will continue to accelerate in the near term, says the IEA. Read full story ›

Source:: CNBC energy […]

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