If President Donald Trump is not the most significant player in global oil markets today, he’s at least its biggest wild card. Tweets savaging OPEC, U.S. sanctions on Iran and Venezuela, and a precarious trade policy that threatens the health of the global economy can push energ
It hasn’t even been a week, but it’s already apparent that OPEC’s recent move to increase production won’t be enough to curb oil prices from climbing higher. Global benchmark Brent is already driving toward $80 a barrel again, and $90 oil is not out of the question in the
Talk between OPEC and Russian officials of unwinding their deal to cut output has cooled overheating oil prices, at least for the moment. International prices, which hit a high of $80 a barrel in May, are now more likely to head back to $50 a barrel rather than continue surging toward
Houston, May 3, 2016 — When OPEC members couldn’t agree at their April meeting to cap oil output in an effort to boost prices, did it signal the end of the cartel’s reign as the world’s energy swing producer — leaving the door open for American shale producers to take over
This morning, the US Senate Committee on Energy & Natural Resources held a full committee hearing on United States Crude Export Policy – and Canary got a front-row seat! We witnessed first-hand the entire discussion from the Dirksen Senate Office Building in Washington, DC. CEO Da