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oil glut News

Permian Basin shale boom raises spectre of global oil glut

The Permian Basin has remained the nation's top producing oil field. However, a lack of crude oil pipelines has slowed growth in the labor market, including other basins such as the Bakken in North Dakota and New Mexico's part of the Delaware Basin.

World oil glut may force OPEC to prolong curbs until 2018

When OPEC announced its first oil production cut in eight years in January, oil traders around the world began emptying their storage tanks of millions of barrels of crude, flooding the market. But, the expected end to the world oil glut is not happening.

Op-Ed: Russian military commander brags of role in Ukraine

Moscow - A Russian mercenary soldier long suspected of involvement in the Ukrainian rebellion now boasts of his role in an interview.

Op-Ed: Putin uses army to manipulate oil prices

Mariupol - Making him among perhaps the most cynical, if short-sighted, world leaders in history, Russia’s president is attacking and then withdrawing from Ukraine to drive oil prices up.

Op-Ed: Hitler outpolled Putin

Moscow - Much has been reported recently about Russian President Vladimir Putin doing better in polls than President Barack Obama. But Hitler did far better.
 

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