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Weak Dollar Limits Downside For Crude Oil

Weak Dollar Limits Downside For Crude Oil

With the U.S. dollar at…

Foreign Oil Eyes 44 Billion Barrels In Cuba

Foreign Oil Eyes 44 Billion Barrels In Cuba

Melbana Energy, one of the…

Energy

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Are Investors Bailing On U.S. Shale?

Aug 17, 2017 at 14:33 | Nick Cunningham

U.S. oil production continues to grow, with the EIA reporting a shocking jump in output last week. Total U.S. production rose to 9.5 million barrels per day (mb/d) for…

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The Make Or Break Moment For Argentina’s Shale Boom

Aug 17, 2017 at 14:29 | Tsvetana Paraskova

Argentina’s abundant shale resources have attracted a growing number of major international companies since the beginning of this year—all of them interested in developing the prized Vaca Muerta shale…

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Alaska’s Conflicted Oil Future

Aug 17, 2017 at 14:25 | Haley Zaremba

Alaska, the final frontier, may be the next oil industry goldmine thanks to aggressive drilling, changing environmental policies, and a bullish administration. Not all Alaskans, however, are on board with…

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Angolan Oil Confident Ahead Of Critical Elections

Aug 17, 2017 at 14:22 | Irina Slav

After Angola’s critical elections, the oil will still flow, unabated—despite talk of a potential opposition upset. Angola is—on any given day—Africa’s first or second-largest producer. In recent months, it’s been…

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Citi: U.S. Shale Beats OPEC At $40 Oil

Aug 17, 2017 at 12:48 | Irina Slav

Citigroup has said that U.S. shale will prevail over OPEC because of its higher resilience to low prices and OPEC’s losing strategy of cutting output and losing revenues and market…

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Oil Prices Rise As Saudi Exports Hit 33-Month Low

Aug 17, 2017 at 11:09 | Tsvetana Paraskova

Saudi Arabia’s crude oil exports in June dropped to their lowest level in 33 months, while Saudi oil inventories were down to a level last seen in early 2012, according…

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Australia’s Natural Gas Crisis Could Boost Prices

Aug 17, 2017 at 10:09 | Dave Forest

I wrote a few months back about major problems shaping up in Pacific natural gas markets. With key liquefied natural gas (LNG) exporter Australia threatening to restrict outgoing shipments due to…

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Russia Claims To Have Invented Alternative To Fracking

Aug 17, 2017 at 09:08 | Tsvetana Paraskova

Russian scientists and local oil field services companies claim to have created a technology for thermochemical gas fracturing that could be an alternative to hydraulic fracturing and could increase oil…

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The Single Biggest Bullish Catalyst For Oil

Aug 16, 2017 at 16:01 | Nick Cunningham

One of the key objectives for OPEC is to bring down inventories, a goal that has been elusive this year. But if the oil futures curve is anything to go…

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The Strategic Petroleum Reserve Is Slowly Dying

Aug 16, 2017 at 15:59 | Irina Slav

Forty years ago, in the wake of the Arab oil embargo that made the United States acutely aware of just how dependent its economy was on imported crude, the government…

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