Tag: crude oil demand

OPEC Is in the Dark About Shale

OPEC Is in the Dark About Shale https://www.bloomberg.com/news/articles/2017-11-23/opec-is-said-to-get-few-answers-on-shale-before-deciding-on-cuts Advertisements Advertisements

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Oil Trades Near $58 as U.S. Stockpile Draw Adds to OPEC Optimism

Oil Trades Near $58 as U.S. Stockpile Draw Adds to OPEC Optimism https://www.bloomberg.com/news/articles/2017-11-23/oil-holds-near-58-as-u-s-stockpile-draw-adds-to-opec-optimism

NUMBERS DO NOT SUPPORT OPTIMISM

S&P Global published report titled “Industry Top Trend 2017” which indicates that rating trends across the energy sector continue to stabilise. The sub-sectors with the highest percentage of negative outlooks primarily are oilfield services and […]