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US Rises Crude Oil Stockpiles, Price Slid Below US$53 a Barrel

JAKARTA (TheInsiderStories) - The American Petroleum Institute reportedly an increase in crude oil stockpiles of 10.5 million barrels. This will be the biggest jump since February...

EIA Revises 2019’s Global Crude Oil Production to 30.3MBPD

JAKARTA (TheInsiderStories) - United States' Energy Information Administration (EIA) revised down Organization of the Petroleum Exporting Countries (OPEC) crude oil production around 30.3 million...

World Bank: Oil Prices will be Lower in 2019-2020

JAKARTA (TheInsiderStories) – The World Bank (WB) saw that crude oil prices are estimated in average US$66 per barrel in 2019 and then decline to...

Energy Policy: How Far Oil Prices Will Go?

JAKARTA (TheInsiderStories)--The 4th of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC Ministerial in Vienna, Austria clear out with conclusion raised the output targets. Benchmark...