Tag: oil glut

Commercialization, Conventional Fuels

Investors may be betting oil glut will end soon, but crude traders beg to differ

October 13, 2016

Via: American Energy News

Investors may have driven crude oil futures prices above $50 a barrel and amassed large bullish positions in expectations of further gains to come but their optimism isn’t shared by the people who produce, refine, ship or trade the real […]

Commercialization, Conventional Fuels

The Hidden Costs Of Obama’s Cheap Gas

September 20, 2016

Via: Energy Collective

To be fair, Obama probably didn’t plan to take credit for low prices at the pump that day—it was shouted out from someone in the crowd, and he was quick to accept the credit, saying “Thanks, Obama!” And while unplanned, […]

Chemical, Conventional Fuels

Who’s freezing production amid crude glut?

April 5, 2016


The fight for market share challenges production control efforts from oil producers amid the global crude glut, according to a former BP executive. “People’s objectives are very different and very difficult to reconcile,” John Browne, L1 Energy executive chairman, told […]