Energy News | Consilience Energy Advisory Group

Oil prices drop as Iraq says doesn’t want to join OPEC cut

October 24, 2016
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Oil prices fell as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market. Read full story ›

Source:: CNBC energy […]

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Brent spreads signpost long road to rebalancing: Kemp

October 24, 2016
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By hellenicshippingnews OPEC’s agreement on an new production target has been followed by a bout of renewed optimism about the rebalancing of the oil market. But there are so far few signs of imminent rebalancing in the structure of Brent futures prices for 2017. “Fundamentals are improving […]

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Next Moves in the freight market will determine if SGX got a Baltic bargain

October 21, 2016
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Please click the link below to read Liz Bossley’s full article in Tradewinds

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Shell divests non-core shale acreage in Western Canada for $1 billion

October 21, 2016
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Royal Dutch Shell plc through its affiliate Shell Canada Energy today announced it has agreed to sell approximately 206000 net acres of noncore oil and gas properties in Western Canada to Tourmalin

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Source:: Oil Voice […]

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