Global Energy Industry News

BP: New economics of oil

October 13, 2015
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Executive summary of speech by Spencer Dale BP Group Chief Economist at the Society of Business Economists Annual Conference LondonAs economists our analysis and interpretation of oil markets are

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Source:: Oil Voice […]

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Russia’s Putin says does not want energy sector investments to stop

October 13, 2015
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MOSCOW, Oct 13 (Reuters) – Russia will not pressurise the energy sector, which is currently working effectively, President Vladimir Putin told an investment conference on Tuesday.

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Source:: Reuters UK Natural Resources […]

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Traders eye floating diesel storage in Atlantic

October 12, 2015
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Oil traders are preparing to store diesel in giant tankers off the coasts of northern Europe and New York as land storage tanks are nearly full, traders said.

Tank capacity levels are above 70 percent in some cases, levels considered near maximum, according to traders.

While the recent […]

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The crude oil chart looks a lot like 1985: BNP Paribas

October 8, 2015
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By hellenicshippingnews Crude oil soared nearly 5 percent this week to its highest level in more than a month after U.S. government data showed a decline in production. The commodity has now rallied more than 27 percent from its August low, and the recent move is giving […]

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