omni
aesc
As Obama said Keystone XL 'not in the national interest,' US saw record-high Canadian oil imports
As Obama said Keystone XL 'not in the national interest,' US saw record-high Canadian oil imports
Government data released more than five months after President Barack Obama said importing more Canadian oil would "not serve the national interests of the United States" shows that America got more oil from Canada in 2015 than ever before.
IEA: If oil keeps rising, some marginal US production could be 'switched back on'
IEA: If oil keeps rising, some marginal US production could be 'switched back on'
The International Energy Agency believes U.S. oil production will come down by 600,000 barrels a day this year, but if crude prices keep rising, some of the marginal production baked into that forecast could be "switched back on."
Shale oil isn't Saudi Arabia's only nemesis
Shale oil isn't Saudi Arabia's only nemesis
Even if Saudi Arabia wins its struggle with U.S. shale producers over market share, it will face a new billion-barrel adversary. It won't be regional nemesis Iran, a resurgent Iraq or long-standing competitor Russia.
Venezuela: A burden for US oil services?
Venezuela: A burden for US oil services?
After Schlumberger took steps to lower its exposure to Venezuela, RBC Capital Markets offers an assessment of oil field services companies' exposure to the indebted and cash-poor country.