Crude Oil Loadings Affected as Saudi Arabia, UAE, and Bahrain Refuse to Dock Qatar Vessels
Just recently, Saudi Arabia, Bahrain, the UAE, Egypt, Yemen, and Libya had accused Qatar of supporting terrorism and destabilizing the region, leading the 5 Arab nations to sever diplomatic ties with the small country. Port ... [Read]
Is it Still Possible to Purchase Oil for $75?
According to Societe Generale (EPA:$GLE) and RBC Capital Markets (TSE:$RY), the rebalancing of the oil market is an ongoing process, despite it is happening at a slower than expected pace. In November, OPEC first agreed ... [Read]
BP Enters Deal with Rosneft, Prioritizing Natural Gas Production
On Friday, June 2nd, London-based world-renowned oil company BP (NYSE:$BP) and Russian oil giant Rosneft (LON:$ROSN) signed a Memorandum of Understanding (MoU) in St. Petersburg. The MoU served as a contract for Russia to bring in ... [Read]
Oil prices decline after four Middle Eastern countries severe ties with Qatar
If you are interested in energy investing, it is crucial that you brush up on what has been happening in the Middle East as of late. On Monday, Saudi Arabia, Bahrain, the United Arab Emirates ... [Read]
ExxonMobil Asked to Provide Climate Change Reports by Shareholders
The majority of ExxonMobil’s (NYSE:$XOM) shareholders have agreed to have ExxonMobil produce a report regarding how its oil and gas reserves have been impacted by technological advances and/or climate change policies. The decision was made ... [Read]
The Top 10 Oil-producing Countries in the World for 2016
Over the past few years, global oil production has continued to rise. However, this has forced the market into oversupply and caused oil prices to decrease in value. With that said, in 2016, the Organization ... [Read]
A Brief Overview: Investing in Oil
Oil prices have been quite unpredictable since they surpassed $140 per barrel in 2008. Oil prices have continued to plummet since then, however, when the Organization of the Petroleum Exporting Countries and 11 other top ... [Read]
3 Ways to Invest in Natural Gas
As an important fuel source in the world, Natural Gas is a gas that consists mainly of methane and is created using biogenic or thermogenic mechanisms. First, biogenic is created through methanogenic life forms which ... [Read]