Stored petroleum around the world fell through 2017 and the first quarter of 2018, ending a period of oversupply in the global market that began before OPEC began …
The International Energy Agency (IEA) released its monthly Oil Market Report today, outlining the group’s analysis of the overall oil market.
In March 2018, OECD stocks declined by 27 million barrels to …
Total S.A. (ticker: TOT) closed the acquisition signed on August 21, 2017, adding around one billion BOE 2P reserves, mainly in OECD countries. The acquisition also increases Total’s production by 160 MBOEPD in 2018, and the company expects to ramp …
The International Energy Agency (IEA) released a new Oil Market Report (OMR) today.
In its OMR, the IEA said countries across the globe have been steadily consuming more and more oil over the past few years.
The IEA said that …
Earlier this week the EIA put out data that revealed that the world’s developing countries used higher amounts of electricity than OECD countries. …
GDP growth rates historically have been tied to electricity usage due to population growth and the need to generate more goods and services to serve the growing populations, but traditional metrics are changing.
This relationship between energy usage and economic …
The Organization of Economic Cooperation and Development saw commercial stocks of crude oil draw down for the first time …
The Organization for Economic Cooperation and Development (OECD) lowered its economic growth expectations for Canada in its most recent report, released March 18. The new predictions put economic growth in Canada this year at 2.2%, …
