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Climate Change and the Future of Oil

October 27, 2016
Carbon Tracker, a British environmental non government organization, warns that tough climate change measures may lead massive fossil fuel resources to become stranded or unrecoverable assets, forcing investors in relevant companies to face great financial loss risks. ... Read More
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Daily Oil Commentary by Matt Stanley

October 27, 2016
Morning all. Brent closed down 0.81 last night to $49.98 and WTi closed at $49.18 down 0.78. EIA data initially surprised most as it reported a 0.5mn... Read More

Middle East, North Africa Region Urged to Stay on Course with Reforms

October 27, 2016
The slump in oil prices and ongoing conflicts continue to weigh on growth prospects of the Middle East, North Africa, Afghanistan and Pakistan, said... Read More

Offshore production nearly 30% of global crude oil output in 2015

October 26, 2016
Global offshore oil production (including lease condensate and hydrocarbon gas liquids) in 2015 was at the highest level since 2010, and accounted... Read More