Global Energy Industry News

U.S. crude oil and distillate stocks rose last week though the size of the drawdown in gasoline inventories was less than expected according to Wednesdays release of Energy Information Administrati

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Source:: Oil Voice […]

By hellenicshippingnews Oil futures soared for the second day in a row on Friday, ending at a three-week high as investors continued to cover short positions after Saudi Arabia’s oil minister hinted that the kingdom could be open to discussions next month aimed at stabilizing the […]

Theres a famous observation that if you remember the 60s you really werent there. But if you ever waited in a gas line in the US in the 70s you remember it. And not fondly. All of the craziness

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Source:: Oil Voice […]

By hellenicshippingnews World tight oil production is expected to more than double between 2015 and 2040, increasing from 4.98 million barrels per day (b/d) in 2015 to 10.36 million b/d in 2040, according to the U.S. Energy Information Administration’s International Energy Outlook […]