By hellenicshippingnews. The world's biggest energy traders are betting shale oil production is here to stay. European trading houses from Trafigura Group Pte. to Mercuria Energy Group Ltd. and Vitol Group have invested in U.S. infrastructure and struck supply deals to secure flows of shale oil and gas. The agreements show the traders see long-term […]

CNBC's Jackie DeAngelis reports on the pullback in oil prices ahead of inventory numbers expected this week. Read full story › Source:: CNBC energy       

Read full story › Source:: FT.com Oil and Gas       

Goldman Sachs now points to a three-month average of $47.50 per barrel for WTI crude, down from its previous estimate of $55.00 a barrel. Read full story › Source:: CNBC energy