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The Brexit Gives A Lifeline To British Coal

The Brexit Gives A Lifeline To British Coal

Britain’s recent decision to leave…

Goldman: The Rally Will Stall Regardless Of OPEC Freeze

Goldman: The Rally Will Stall Regardless Of OPEC Freeze

Goldman energy analyst Damien Courvalin…

China’s Oil Majors Are Burning Through Oil Reserves

China’s Oil Majors Are Burning Through Oil Reserves

Dismal earnings and depleting reserves…

Energy

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Oil Prices Edge Lower As Gulf Of Mexico Storm Fears Abate

Aug 30, 2016 at 12:14 | Matt Smith

As the dollar rallies again, as Gulf of Mexico storm fears dissipate, and as a build is expected from tomorrow's EIA report, crude is heading lower once more.…

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Yemeni Rebels Claim Unconfirmed Second Strike On Saudi Aramco Oil Facilities

Aug 30, 2016 at 09:20 | Irina Slav

Yemeni Houthi armed forces today purportedly struck facilities of Saudi oil giant Aramco in the southwestern part of Saudi Arabia as well as the airport of Abha in…

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Is An OPEC Production Freeze Even Remotely Possible?

Aug 29, 2016 at 16:28 | Gregory Brew

Oil prices enjoyed a bump last week, thanks in part to a weakened dollar and some geopolitical tensions in the Persian Gulf. But a large factor in the…

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Why Wall Street Is Throwing Billions At The Permian

Aug 29, 2016 at 16:21 | Nick Cunningham

The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas.…

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The Magic Number For Oil Bulls Remains In Sight

Aug 29, 2016 at 14:58 | Rakesh Upadhyay

Zev Spiro, chief market technician of Orips Research is forecasting oil to reach above $70 a barrel in the near future, as oil’s weekly charts show a bullish…

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Rosneft CEO Woos Putin With $16 Billion Windfall In Rosneft Privatization

Aug 29, 2016 at 14:56 | Zainab Calcuttawala

Igor Sechin, CEO of Rosneft, has devised a new plan to help the Russian government close the federal budgetary gap while expanding his own energy empire, according…

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Ambitious Nuclear Expansion Is Causing Problems For China

Aug 29, 2016 at 14:39 | Irina Slav

China General Nuclear Power Corp. has been indicted by the FBI on allegations that it has been trying to illegally acquire nuclear technology secrets from its U.S.…

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Colorado Drillers See Share Prices Spike As Anti-Fracking Campaign Falters

Aug 29, 2016 at 11:10 | Charles Kennedy

A campaign to restrict fracking in Colorado looks set to fall short, and the shale companies in the state are no doubt starting to breathe a sigh of…

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Oil Prices Edge Lower On Firm Dollar

Aug 29, 2016 at 10:43 | Matt Smith

Oil prices are retracing to start the week, as producer rhetoric rumbles on, and the U.S. dollar strengthens. Hark, here are five things to consider in oil markets…

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Oil Floods The Streets Of Iraqi Town After ISIS Opens Tap

Aug 29, 2016 at 09:48 | Irina Slav

Iraqi media are reporting that ISIS militants have opened the taps of an oil pipeline in the town of Qayyarah, in northern Iraq. Crude is flowing in…

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