Anil Mathews Articles

Anil Mathews

Author since	: November 14, 2017
Contact information	: editor@oilmonster.com,

Biography

Part of the OilMonster editorial team, Anil Mathews has been involved in developing relevant and informative news write-ups on energy industry. Proficient in researching information on energy market trends, Anil keeps track of the latest happenings in and around the industry. Possessing adaptive range of writing styles, Anil's articles pay unique attention to evolving technologies capable of redesigning today's energy industry.

Articles by Anil Mathews

Oil Ends Flat as Russia Talks Offset Hormuz Risk

Oil prices were little changed on Wednesday ‌as investors weighed possible progress toward Russia-Ukraine talks against declining US oil stocks and a lack of US-Iran dialogue.

Russian Diesel Deal Unlikely to Break Global Supply Squeeze

President Donald Trump's deal with Russia to supply diesel to US and global markets is unlikely to meaningfully lower diesel prices, market watchers and analysts said, noting that the promised volumes are too small to ease a global supply squeeze.

U.S. Opens 315,000-Barrel Heating Oil Reserve Exchange

The Trump administration ‌is offering to loan up to nearly a third of the 1-million-barrel US emergency heating oil reserve, the Department of Energy said on Wednesday, in a bid to tame surging prices.

IEA Ready for More Oil Releases as Diesel Crisis Deepens

The IEA says additional emergency oil releases remain possible as members accelerate more than 20 million barrels of diesel and global fuel markets stay unusually tight.

EU Keeps Arctic Drilling Opposition but Drops Legal Ban Push

The European Union remains committed to "ensuring that oil, coal and gas stay in the ground, including in Arctic regions," according ‌to a new Arctic strategy presented by the European Commission and EU foreign policy chief Kaja Kallas on Tuesday.

U.S. Pushes Refiners for More Diesel as Capacity Tightens

Diesel prices are higher than anyone ‌wants right now and the US is working with refiners to seek ways to produce more, US Energy Department official Kyle Haustveit told a conference on Tuesday.

Oil Swings Sharply as Hormuz Attacks Rattle Market

U.S. West Texas Intermediate futures for November were down more than 1% at $102 per barrel, pulling back dramatically from a session high of $110.48. The November contract expires on Tuesday. The WTI December contract was down 2.6% at $95.94 per barrel.

EIA: US crude inventories up 100,000 bbl

At 428.9 million bbl, US crude oil inventories are 1% above the 5-year average for this time of year, the Energy Information Administration report indicated.