Global Energy Industry News

Realities and consequences of falling crude market

December 21, 2015
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By hellenicshippingnews A sense of accomplishment is palpably visible at the Department of Energy (DoE) in Washington. Faced with a free fall, oil markets are in a bloodbath. Prices have plunged by 68 per cent over the last 18 months hitting a seven-year low at around $34 […]

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We are better informed, but are we any the wiser?

December 18, 2015
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Please click link below to read the article.

We are better informed but are we any the wiser

Author: Liz Bossley

Source: Oxford Energy Forum

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U.S. on verge of lifting 40-yr oil export ban in spending bill

December 16, 2015
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WASHINGTON, Dec 16 (Reuters) – The United States appears on the brink of ending a four-decade-old ban on most exports of crude oil, an abrupt end to a years-long fight triggered by the domestic shale boom.

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Source:: Reuters UK Natural Resources […]

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Oil falls on U.S. supply build, expected Fed rate hike

December 16, 2015
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By hellenicshippingnews Oil fell on Wednesday on fresh evidence of growing global oversupply and as investors awaited the outcome of a U.S. Federal Reserve meeting where interest rates are likely to be raised, boosting the dollar and pressuring commodities. Brent LCOc1 was down 85 cents at $37 […]

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