Energy News | Consilience Energy Advisory Group

Russian oil output continues to slide in March, down 179,000 bpd from Oct – sources

March 15, 2017
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By hellenicshippingnews.. Russian oil output has continued to decline in March, reaching the level of 11.068 million barrels per day (bpd) in the first 13 days of the month, two energy industry sources told Reuters. This was down from 11.083 million bpd on March 1-5 […]

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Oil demand set to ease in 2017, non-OPEC countries seen increasing production: IEA report

March 15, 2017
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Demand for oil is expected to drop in 2017, the International Energy Agency said in a report on Wednesday, raising further problems for producers as they try to ramp up prices. Read full story ›

Source:: CNBC energy […]

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Trying to find a bottom in crude

March 15, 2017
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By hellenicshippingnews.. Crude oil futures are still reeling from last week’s massive crude oil build and another jump in U.S. rig counts. It was a double-eight as oil rigs increased by eight and the eighth week in a row that the rig count has risen […]

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Higher crude prices are driving new deals in the oil patch

March 15, 2017
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More than two years after oil prices crashed, the sector is enjoying a revival thanks to a gradual rise in prices. Read full story ›

Source:: CNBC energy […]

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