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Telling it like it is

March 10, 2016
India moves to boost energy output

Measures hailed as step-change by BP as New Delhi looks to encourage exploration Read full story › Source:: FT.com Oil and Gas       

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March 9, 2016
U.S. oil production continues to decline, and is now below its year-ago level

Source U.S. Energy Information Administration Petroleum Supply Monthly U.S. monthly crude oil production in December 2015 continued to decline as oil production reached its lowest level since Nov Read full story › Source:: Oil Voice       

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March 9, 2016
India’s coming oil drought will dwarf China’s shortfall

By hellenicshippingnews Watching the development of India, there's often an assumption the country will follow China's path. For commodity exports, China “is not the only game in town,” Australia's resources minister Josh Frydenberg said in a speech last month, citing forecasts of India's burgeoning demand for power, steel, and coal. Here's one area where the […]

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March 9, 2016
Crude prices move higher as investors go bargain hunting

By hellenicshippingnews Crude prices were pushing higher on Wednesday, after reversing a downward trend seen in Asia as investors hunted for bargains following the overnight decline. Prices in Asia opened lower but regained traction later in the day as traders anticipated U.S. production data will show further declines in the latest week, said Daniel Ang, […]

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