Roberto Abraham Scaruffi

Oil rises as Saudis cut ties with Iran after embassy attacked Oil gained for a second day as Saudi Arabia cut ties with Iran a day after its embassy in Tehran was attacked to protest the Saudis’ execution of a prominent Shiite cleric. Futures rose as much as 3.5 percent in New York, extending Thursday’s 1.2 per… Read More

EV Insights: The OGA’s first year in review 2015 was the year the Oil and Gas Authority (OGA) established itself in the North Sea marketplace. Energy Voice compiled the top stories relating to the regulator, mapping its journey along the way. The post EV Insights: The OGA’s first year in… Read More

Supermarket giants drop Diesel prices under a £1 Drivers will be able to fill up on diesel for less than £1 per litre after three supermarket giants slashed prices from today. Asda, Tesco and Sainsbury’s will sell the fuel for less than the symbolic level but motoring research charity the RAC Found… Read More

Loren Steffy: How greater inter-dependence will transform oil markets in 2016 On the last afternoon of 2015, an oil tanker filled with light, sweet crude from South Texas’ Eagle Ford Shale formation eased out of NuStar’s North Beach terminal in Corpus Christi, and headed for Trieste, Italy. ConocoPhillips sold the oil aboard t… Read More

Shale hoard behind US energy renaissance set loose on globe The worst fears of OPEC and Asian gas exporters are about to come true. U.S. shale drillers who pushed domestic crude production to a 45-year high and unlocked record amounts of natural gas are letting those supplies loose into global markets they we… Read More

Woodside makes oil find in emerging Myanmar Woodside Petroleum confirmed a viable oil find for its exploration campaign in Myanmar. Australia’s second-largest oil producer mounted the exploration bid alongside partners BG and Total, after the Myanmar government opened its energy borders five y… Read More

Powering the North Sea: protecting profit margins Whilst the recent oil and gas decline is having a considerable impact on the local and national economy with employment and business confidence levels in particular taking a hit, this slump is also having detrimental consequences to the industry’s fi… Read More

Oil finds a silver lining in China’s unsated thirst for crude China’s insatiable appetite for crude is at least one thing oil bulls can count on this year. The world’s biggest commodity consumer may buy 8 percent more oil from overseas in 2016, taking average purchases to 7.2 million barrels a day, according to… Read More