News & Events

The American Petroleum Institute (API) reported a surprise draw of 2.13 million barrels of United States crude oil inventories for the week ending October 12, compared to analyst expectations that…

BY MAREX 2018-10-15 19:53:14 Asia-Pacific’s oil and gas sector looks set to rebound over the next 12 months as rising demand, stronger commodity prices and an uptick in merger and acquisition activity…

Both the Indians and Russians had high hopes from the recent visit of President Vladimir Putin to Delhi. Surprisingly, it wasn’t about the much hyped S400 Air Defense System deal…

Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude selling for more than $80…

BP said on Thursday that it had started up ahead of schedule its Thunder Horse Northwest Expansion project in deepwater Gulf of Mexico, adding 30,000 bpd to the Thunder Horse oil production…

By:  Michelle Zhu 18/10/18, 05:44 pm SINGAPORE (Oct 18): Oxford Economics is anticipating a slowdown in global economic growth from this year’s 3.1% to 2.8% in 2019, a forecast that…

By:  Martin Feldstein 18/10/18, 10:21 pm SINGAPORE (Oct 15): The most frequent questions that I get when I speak to non-economists concern the US tariffs on imports from China. Why…

SINGAPORE (Oct 12): Singapore’s central bank tightened monetary policy for a second time this year, encouraged by steady economic growth despite worsening US-China trade tensions. The Monetary Authority of Singapore,…

Both global oil demand and supply are now close to new, historically significant peaks at 100 million barrels per day (MMbpd) “and neither show signs of ceasing to grow any…

Oil producers in the Permian basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk up the down escalator.The oil industry, and particularly the Permian,…