Oil Impacts Energy ETFs and the Equity Market  Market RealistOn July 11–18, major energy ETFs had the following correlations with US crude oil active futures: the Energy Select Sector SPDR ETF (XLE): 42% the SPDR. Read more https://marketrealist …

BloombergIraq Delays Oil Auction After Late Contract TweaksBloombergThe best fields, according to Thom, are those that are close to existing oil reservoirs and export facilities. Companies already producing in the country are likely to seek rights in adjac …

BloombergBahrain Seeks Big Oil Help to Develop its New Shale DiscoveryBloombergA single shale well onshore will cost about $7 million to drill and frack this year, according to a 2017 Citigroup estimate. A well from the new Bahrain offshore deposit will co …

BloombergShale Surge Sent US Oil Production to Record High in NovemberBloombergOnce the world's largest importer of crude, the U.S. is passing Saudi Arabia and closing in on Russia to become the world's largest producer. Oil prices above $60 a barr …

The Intercept“This Is Not A Symbolic Action” — Indigenous Protesters Occupy Oil Platforms in Radicalized Fight Against Pollution ...The InterceptAfter striking oil in Loreto in 1972, the Houston-based Occidental Petroleum, and later its successor, the shad …

Financial TimesPremier Oil has success from flagship North Sea developmentFinancial TimesPremier Oil has produced first oil from its flagship development in the North Sea, a milestone that will help the UK explorer and producer start repaying its significa …

BloombergAll That New Shale Oil May Not Be Enough as Big Discoveries DropBloombergThat's primarily because fracking of North American shale formations in places like Texas and North Dakota has transformed the industry. Companies like Royal Dutch Shell …

BloombergOPEC's Easy Win Masks Tougher Oil-Market Choices Still to ComeBloombergAlong with the growing global economy, the production cuts have helped push up oil prices. But that has left OPEC and its allies with a quandary: How to keep prices high wi …

Financial TimesAs Mideast tensions soar, supertanker tells oil's real storyFinancial TimesBut as Saudi Arabia's crown prince Mohammed bin Salman rattles sabres in Riyadh, newly ensconced in power by his anti-corruption purge, there is growing evide …

Oil Refining Could Become Much Less LucrativeOilPrice.comPolicies to cap emissions would weaken oil demand, which tends to depress refining margins. CTI estimated in its report that refining margins would shrink by $3.50 per barrel by 2035, forcing refiner …