Patriot Energy

03/16/2016

The world's top oil producers are finally meeting to talk about their problems: http://ow.ly/Zy2ss

A meeting between members of OPEC and other major oil producers will take place on April 17 in Doha, Qatar announced on Wednesday.

03/15/2016

Animated GIF Showing America‘s Rise to the World’s Top Oil Producer: http://bit.ly/1WnVW8s

03/14/2016

Iran would welcome American dollars being pumped into its aging oil and gas industry: http://ow.ly/ZscZL

Iran's oil minister said the country would welcome investment from American companies into its aging oil and gas industry. However, sanctions have...

03/14/2016

How Saudi Arabia Turned Its Greatest Weapon on Itself: http://ow.ly/ZrDJC

For decades, the kingdom used oil prices to wage economic war on its enemies. Now it’s the big casualty.

03/10/2016

U.S. Oil Production Sees First Year-Over-Year Decline in Four Years: http://ow.ly/ZjhxI

Oil production saw its first year-over-year decline in four years at the end of 2015, according to the EIA, suggesting production is slowly rolling...

03/09/2016

jumps on bullish U.S. gasoline draw, OPEC speculation: http://ow.ly/ZgvO7

Oil prices surged as much as 4 percent on Wednesday, with Brent back above $40 a barrel, after a big draw in U.S. gasoline convinced the market...

03/08/2016

Oil Inventories Mean Everything, And Nothing, In A Market Searching For Answers: http://ow.ly/ZdMKo

The weekly oil inventory data are due out Wednesday, and all eyes will be on the figures. But investors would be wise to keep such numbers in...

03/07/2016

Oil rout over, OPEC aims for $50 anchor, says PIRA's Ross: http://ow.ly/ZaTLK

Major OPEC producers are privately starting to talk about a new oil price equilibrium of $50 a barrel, says one of the industry's prognosticators.

03/04/2016

Oil prices revive rally on U.S. jobs data, technical charts: http://ow.ly/Z59hh

Oil prices rallied again on Friday after a one-day pause, helped by strong U.S. jobs data and technical buying after crude prices breached...

03/03/2016

According to the International Energy Agency (IEA), global oil prices appear to have bottomed out and are expected to rise through this year: http://ow.ly/Z2eVa

Global oil prices appear to have bottomed out and are expected to rise through this year as investment cuts help to reduce a supply glut, a senior...

03/03/2016

A global consensus is building for an oil production “freeze”: http://ow.ly/YZwNa

A trio of Latin American crude exporters are getting behind a Saudi-Russo proposal.

03/02/2016

Oil up, shrugs off big U.S. crude build and erases early dip: http://ow.ly/YZwtx

Oil prices edged higher in volatile trading on Wednesday, as a big build in U.S. crude stockpiles did not stop a two-week rally, with buyers...