As the struggle for crude oil market share intensifies, Beth Evans asks the pivotal question: will OPEC, and other major producers diverge from their position of not cutting production, or simply ignore the calls for a new price floor of $70 a barrel coming from the likes of Venezuela?
The seaborne iron ore market lost ground October 19, as buying interest from loss-making steelmakers in China dwindled further as they continued to grapple with poor margins and weak demand.
(Tue, 20 Oct 2015) Qatar is the largest exporter of liquefied natural gas (LNG) in the world. The country?s exports of LNG, crude oil, and petroleum products provide a significant portion of government revenues.
(Tue, 20 Oct 2015) As the statistical and analytical agency within the U.S. Department of Energy, the U.S. Energy Information Administration (EIA) is participating in World Statistics Day. Sponsored by the United Nations Statistical Commission, World Statistics Day promotes better understanding of statistics among the general public and policymakers worldwide.
Janet McGurty looks at how prices are impacting refiners and oil producers in the Rockies region of the US in this week’s Oilgram News column, Petrodollars.
(Mon, 19 Oct 2015) Indonesia ranked third in the world in both geothermal electricity production and geothermal generating capacity in 2014, behind only the United States and the Philippines. The country is located at the convergence of several tectonic plates in Southeast Asia, giving it significant geothermal potential, although most of its potential reserves remain unexplored.
Seasonal shifts driving markets in Asia, the future of US Arctic production, and other key topics moving the global oil industry.
Platts' Greg Smart explains how concerns over the Chinese economy, supply concerns and weaker global manufacturing impacted base metals markets in September.
OPEC has regularly stated its willingness to talk to other producers in its latest Bulletin seems merely to reiterate this. Margaret McQuaile investigates.
The ban has forced the Chinese company to halt operations at almost all of its core businesses.
