oil markets - Shale Directories

Joe Barone, Shale Directories
Blog
January 15, 2020

Global oil markets continue to remain roughly balanced

Global oil markets were roughly balanced in 2019, as oil supply declined slightly and global oil consumption grew at its slowest pace since 2011, the Energy Information Administration reported Tuesday in the January Short-Term Energy Outlook (STEO).

Joe Barone, Shale Directories
Blog
August 15, 2019

U.S. looks to seize tanker held in Gibraltar

The U.S. Department of Justice applied today to seize the Iranian tanker held in Gibraltar after it was accused of carrying Iranian crude bound for Syria, violating EU sanctions.

Joe Barone, Shale Directories
Blog
April 12, 2019

Oil markets tightening due to U.S. sanctions: IEA

Crude oil markets are tightening, the International Energy Agency said Thursday, Kallanish Energy reports. The agency warned, however, an “extraordinarily” wide range of views about the health of the global economy was making it difficult to forecast oil prices.