The Brent-WTI spread is likely to continue to narrow in the near term, according to Cantor Fitzgerald Europe.
Brent-WTI Spread Likely to Continue to Narrow
Twelve empty supertankers plowing across thousands of miles of ocean toward America’s Gulf of Mexico coastline are revealing truths about today’s global oil market.
Empty Supertankers Uncover Truths About Today's Oil Market
President Ramaphosa’s call for unity between industry and government at Investing in African Mining Indaba
“We no longer want to meet you in court,” said President Cyril Ramaphosa, who addressed a full auditorium during the 25th annual Investing in African Mining Indaba “The days of conflict between industry and government should be something that belongs to the past. We want to meet you in your boardrooms and Minister Mantashe’s offices.…Details
Neven Mimica, EU commissioner for international cooperation and development, visited Eritrea, launching an initial US$22.69mn project for road connections between the Ethiopian border and Eritrean ports
Source: African Review
EU launches road project in Eritrea
In a move to becoming a U.S. oil growth business, Devon Energy’s board of directors approved the company’s separation of its Canadian oil sands and Barnett Shale assets.
Devon Energy to Divest Barnett Shale, Canadian Oil Sands Assets