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Oil prices steady as coronavirus-related demand concerns weigh


Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the

How the coronavirus is impacting the oil market


An epidemic is an unexpected blight on an already rocky energy landscape. But as coronavirus hits oil demand, Opec has

GLOBAL LNG-Asian LNG prices fall to $2.70/mmBtu amid coronavirus outbreak


Falling demand from China drove Asian spot prices for prompt deliveries of liquefied natural gas (LNG) to new lows this

Guyana-Suriname Basin Poised For Upgrade While Oil Firms Prep To Splurge Billions On Stabroek


Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates,

OPEC may need further production cuts to balance oil market


The production cuts continued by OPEC may not be enough to stabilise global markets and the oil cartel may have

What’s the best economic indicator for China now? Watch crude oil prices


A lot of people are surprised at how fast the S&P 500 Index rebounded after the initial coronavirus scare while

Kuwait, Saudi to resume oil output from neutral zone this month


Kuwait and Saudi Arabia will resume oil production from their shared fields this month, more than five years after a

India’s fuel demand fell 0.6% in January


India’s fuel demand fell 0.6 percent in January compared with the same month last year.

Consumption of fuel, a proxy for

U.S. drillers add oil rigs for second week in a row -Baker Hughes


U.S. energy firms added oil rigs for a second week in a row as crude prices, which have dropped about

2020: More offshore EPC spending but competitive pricing remains the norm?


Significant cost reductions have improved E&P cashflows and should drive increased offshore tendering activity in 2020. Pricing is expected to

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