Global Energy Industry News

Oil Shrugs Off OPEC Decision to Skip Curb as U.S. Output Shrinks

June 3, 2016
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By hellenicshippingnews Brent crude held near $50 a barrel as investors shrugged off OPEC’s decision to stick to its policy of unfettered output amid signs the global market is re-balancing. Futures fell 0.5 percent in London after closing above $50 for the first time in […]

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Net Energy Trends

June 3, 2016
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In writing Wednesdays post ERoEI for Beginners I prepared a number of charts that were not used and these are presented here. Where it has been measured and according to the literature the net ener

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Source:: Oil Voice […]

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Crude oil volatility decreases as prices rise from early 2016 levels

May 11, 2016
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Source U.S. Energy Information Administration based on Thomson Reuters During the first three months of 2016 crude oil prices were relatively more volatile than in recent history. This elevated v

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Source:: Oil Voice […]

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Business conditions at new low in Norway’s oil region -survey

May 11, 2016
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By hellenicshippingnews Companies based in Norway’s west coast oil producing region saw fresh declines in demand, profitability and other current business conditions in the second quarter and many are reluctant to make major investments in 2016, a survey showed on Tuesday. The price of North Sea crude […]

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