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Telling it like it is

July 21, 2015
Oil firms may retain clear-up costs for hard-to-sell N. Sea assets

LONDON, July 21 (Reuters) - Oil firms trying to sell ageing North Sea oilfields are considering shouldering hundreds of millions of dollars in future dismantling costs to help find buyers, industry sources say. Read full story › Source:: Reuters UK Natural Resources       

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July 17, 2015
Oil prices rise in early Asian trade

TOKYO, July 17 (Reuters) - Oil prices rose slightly on Friday in thin trade in Asia, underpinned by a power outage at Britain's largest oilfield, though risks of oversupply following the Iranian nuclear deal and mixed economic data held back prices. Read full story › Source:: Reuters UK Natural Resources       

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July 16, 2015
The Multi-Trillion Dollar Oil Market Swindle

In the past I documented the overstatements by both the IEA and EIA in 2014 2015 in terms of supply inventory and understatements of demand. Others also noticed these distortions and whether inte Read full story › Source:: Oil Voice       

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July 16, 2015
Oil prices rise after U.S. stock draw, high refinery demand

SINGAPORE, July 16 (Reuters) - Oil prices rose on Thursday morning after data showed that U.S. crude inventories dropped and refinery demand was high. Read full story › Source:: Reuters UK Natural Resources       

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