Finance

NYC-based PIRA Energy Group reports that oil inventories are higher and crude demand is lower.  In the U.S., stock surplus to last year is roughly ...

A Chinese company with both the capital and ambition to strategically expand its influence is the most likely suitor for Citgo Petroleum Corporation (CITGO), which ...

NYC-based PIRA Energy Group reports that there is potential for Iceland volcano eruption to disrupt North Atlantic air traffic and jet fuel demand.  In the ...

HOUSTON, Aug. 14, 2014 /PRNewswire/ — Deep Down, Inc. (OTCQX: DPDW) (“Deep Down” or the “Company”), an oilfield services company specializing in complex deepwater and ...

NYC-based PIRA Energy Group reports that there was the largest 2Q stock build in the last 10 years. In the U.S., there was a modest ...

Successful Transformation from an Oil Trading, Transportation and Storage Company to a Resource-based Energy Enterprise Brightoil Petroleum (Holdings) Limited (“Brightoil Petroleum” or the “Group”; stock ...

Recent news headlines on the LNG sector in Australia seem to be centered around its unsustainable rising costs. Woodside Petroleum had to ditch plans last ...

NYC-based PIRA Energy Group reports that the July stock decline at Cushing strengthens WTI.  In the U.S., there was largest weekly stock draw since January.  ...

*Increase in Non-OPEC production to exceed growth in Global Oil Demand in 2014, reducing call on OPEC productionGlobal oil demand in 2014 is forecast to ...

The downing of flight MA17 has prompted calls for further sanctions on Russia targeted at its energy sector. Russia is the world’s largest exporter of ...

NYC-based PIRA Energy Group believes that the global economy will expand at above trend pace in the second half of 2014. In the U.S., products ...

NYC-based PIRA Energy Group believes that with both the physical market and financial length bottoming, oil prices are at or near their lows. In the ...