About a year ago I wrote a blog entitled “We’re Going to Need a Bigger Tank”. In that I indulged in a brief fantasy about how one would set about designing the perfect oil price benchmark in an ideal world. If proof were needed that this is not an ideal world, here we are again, […]

State-controlled oil company looks to use more commodity traders to supply petrol Read full story › Source:: FT.com Oil and Gas       

Following information received, Statoil started investigating an employee for possible violation of ... Read full story › Source:: Oil Voice       

By hellenicshippingnews It's been a dramatic end of the year for the oil industry. An unlikely alliance between OPEC and non-OPEC nations, a game-changer for petro-diplomacy, has been formed for the first time in 15 years. On November 30, the Organization of Petroleum Exporting Countries (OPEC) surprised everyone by agreeing to a landmark deal to […]