ReutersTexas shale challenges North Sea crude as world oil benchmarkReutersAbout 310 million U.S. crude futures contracts - worth about $16 trillion in oil - changed hands on CME's New York Mercantile Exchange (NYMEX) in 2017, far more than the about 2 …

Financial TimesThe remarkable revival of US oil productionFinancial TimesHalf a century after US oil production began to peak, sending the world fretting that supplies were running out, the US is once again setting records. Output is topping 10m barrels pe …

Chron.comJP Morgan: Oil Could Hit $78 Within Months | OilPrice.comOilPrice.comJ.P. Morgan beat all other investment banks in their forecasts for the price of Brent crude this year, setting its projection at US$70 a barrel. To compare, the second most bulli …

Financial TimesOil traders watch a weaker dollar as crude heads higherFinancial TimesSince crude's crash in 2014 the conversation about oil markets has been dominated by basic topics such as balances of supply and demand, shale drilling and Opec policy …

KSAT San AntonioThree Wild Cards That Could Hurt The Oil RallyOilPrice.comExcess available supply provides a necessary buffer that restrains on large swings in pricing. It's when traders have concluded the supply is increasing due to overproduction tha …

Mexico's Cartels Are Ditching Drugs For OilOilPrice.comMexico's energy reform that ended a state monopoly has so far fared fairly well in the upstream sector, with oil majors snatching up offshore oil blocks in auctions. In the downstream, however, …

Financial TimesNorth Sea oil has a middle-aged renaissanceFinancial TimesThis time last year, Phil Kirk put his name to the deal of a lifetime when he agreed to pay $3.8bn for a package of North Sea oil and gas assets from major Royal Dutch Shell. The deal …

Libya seeks to diversify oil-based national income sourcesXinhuaTRIPOLI, Jan. 27 (Xinhua) -- The Libyan authorities said on Saturday that it is seeking to diversify sources of national income now based entirely on oil. Libya "seeks to benefit from fin …

National Geographic AustraliaOil Tanker Spill Off China May Have Lasting Environmental ImpactsNational Geographic AustraliaAn Iranian oil tanker that collided with a Hong Kong bulk freighter in the East China Sea is creating a new problem now that it has s …

National Geographic AustraliaOil Tanker Spill Off China May Have Lasting Environmental Impacts ...National Geographic AustraliaThe type of oil that was spilled into the East China Sea is unlike other major oil spills, so there are a lot of unknowns.Unique …