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Saudi Arabia Revives Price War Specter to Stop Oil Cheats

Is the oil price war back on? Or is it just a Saudi head fake?

Saudi Arabia Tuesday fired a shot across the bows of those who think that last November’s deal on cutting crude oil output is an invitation to them to take a ‘free ride’ at others’ expense. 641 more words

International

Reflecting on Oil Supply 2017: Part I

Re-published from Dialogues, United States Association for Energy Economics 

These are interesting times for economists charged with predicting oil markets. As the new year begins and the dust somewhat settles from challenging political and geopolitical climates, the question arises: what are the prospects for oil supply in the year ahead? 799 more words

The Future Of Oil And Gas? Look To The Past

By Chris Ross, Executive Professor, C.T. Bauer College of Business

In the early days of 2017, it behooves oil and gas companies to reflect on the past, while making plans robust to an uncertain future outlook. 1,205 more words

Energy Fellow

OPEC Deal Sends Oil to a 6-Week High

Oil swept to a six-week high on Thursday, lifting energy shares in its slipstream, after OPEC agreed to cut crude output to clear a glut, while bond yields rose on prospects that resulting inflationary pressures will lead to higher interest rates. 636 more words

Finance

What the OPEC Production Cut Will Really Mean for Oil Prices

Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some 1.2 million barrels a day to end a global glut. 555 more words

Finance

Oil Prices Surge on Reports of a Big Output Cut by OPEC

Oil prices jumped more than 8% on Wednesday to a five-week high as newswires reported that the Organization of the Petroleum Exporting Countries had agreed its first oil output cuts since 2008. 457 more words

Finance

Iran and Iraq Push Back on Saudi Oil Production Pressure

Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the Organization of the Petroleum Exporting Countries to reach a global output-limiting deal when it meets on Wednesday. 518 more words

Pubdesk