By hellenicshippingnews As oil prices continue to stay low, conjecture on whether or not the US could be given the title of the world's new swing producer continues to gain traction. There are fierce arguments on both sides fanned by recently published data and the hitherto stubborn oil supply glut. August 2015 became the first […]

By hellenicshippingnews Oil prices edged higher on Thursday ahead of weekly U.S. stocks data, despite fresh signs of an economic slowdown in China and Japan that fueled concerns growth could be grinding to a halt. Crude prices have fallen more than 3 percent this week on persistent worries over global demand and a supply glut. […]

In this the silly season, while the world (except hard-working consultants) are off on holiday, two little press releases have slipped by almost unnoticed: Maersk announced that it will be seeking permission to close down the 7,000b/d  J-Block Janice field next year because of falling oil prices; and,  the Johan Sverdrup plan of development for Phase […]

Oil price Fairly short oil comment today the oil price is relatively calm ahead of the weekly inventory data which is delayed by a day following the Labor Day holiday. Equity markets rallied yesterd Read full story › Source:: Oil Voice