Global Energy Industry News

World’s Top Oil Traders Bet American Shale Is Here to Stay

July 10, 2017
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By hellenicshippingnews. The world’s biggest energy traders are betting shale oil production is here to stay. European trading houses from Trafigura Group Pte. to Mercuria Energy Group Ltd. and Vitol Group have invested in U.S. infrastructure and struck supply deals to secure flows of shale oil […]

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Oil ends longest bull-run in more than 5 years

July 5, 2017
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CNBC’s Jackie DeAngelis reports on the pullback in oil prices ahead of inventory numbers expected this week. Read full story ›

Source:: CNBC energy […]

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Trafigura reinforces position as major US oil exporter through Plains All American deal

July 5, 2017
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Source:: FT.com Oil and Gas […]

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Goldman Sachs slashes oil price projection amid US shale surge

June 29, 2017
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Goldman Sachs now points to a three-month average of $47.50 per barrel for WTI crude, down from its previous estimate of $55.00 a barrel. Read full story ›

Source:: CNBC energy […]

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