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Wall Street Bullish On Oil Prices Despite Saudi Warnings

Wall Street Bullish On Oil Prices Despite Saudi Warnings

The majority of investment banks…

EIA And OPEC Send Oil Prices Tumbling

EIA And OPEC Send Oil Prices Tumbling

Bearish sounds from both the…

Energy

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OPEC Weighs Extension As Oil Markets Start To Lose Their Nerve

Mar 27, 2017 at 15:16 | Nick Cunningham

To extend or not extend? Officials from OPEC and a select few non-OPEC countries met over the weekend to review the state of the oil market, monitor their progress and…

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Oil Majors Lower Risk: Favor Shale Over Offshore

Mar 27, 2017 at 15:15 | Irina Slav

The first three months of this year have made one thing crystal clear: Big Oil is set on expanding in shale—hardened by the lessons the oil price crisis taught it—and…

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Wind Energy Now Directly Competing With Coal On Cost

Mar 27, 2017 at 15:15 | Gregory Brew

Last week, Xcel Energy announced a multi-state wind capacity project, anticipated to be the largest in the United States. Spanning seven states, the project covers eleven new wind farms…

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Will The Oil Price Slide Lead To A Credit Crunch For U.S. Drillers?

Mar 27, 2017 at 15:09 | Tsvetana Paraskova

The recent drop in oil prices, which has almost wiped out the price gains since OPEC announced its supply-cut deal, is coming just ahead of the spring season when banks…

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4 Factors Driving Oil Prices This Summer

Mar 27, 2017 at 15:04 | Osama Rizvi

Uncertainty is dominating today’s oil markets, with production cuts, ballooning inventories and a rising rig count all adding to oil price volatility. And as the summer driving season approaches and…

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Asia’s Top LNG Players Forming Buyers Club

Mar 27, 2017 at 14:55 | Oil & Gas 360

Global oversupply in liquefied natural gas has emboldened buyers to push for more favorable contracts. Korea Gas Corp. (KOGAS), Japan’s JERA and China National Offshore Oil Corp. (CNOOC), which collectively…

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Fruitless OPEC Meeting Sees Oil Prices Edge Lower

Mar 27, 2017 at 12:56 | Matt Smith

Oil prices are subdued to start the week, as the weekend's compliance meeting has done little to allay oversupply fears. As WTI continues to trek on in forty-dollardom, hark, here…

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Pro-Extension Voices In OPEC Become Louder

Mar 27, 2017 at 10:38 | Irina Slav

In a statement, the joint committee of seven oil ministers from the parties to the cut said that the deal could be extended for another six months, depending on…

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Goldman Sachs Backing A Copper Boom In 2017

Mar 24, 2017 at 17:25 | James Burgess

2017 is shaping up to be a game-changing year for copper, with Trump’s $500-billion infrastructure plan, booming Chinese demand and the recent interest rate hike from the Fed, copper prices…

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Shell’s New Permian Play Profitable At $20 A Barrel

Mar 24, 2017 at 17:11 | Rakesh Upadhyay

OPEC’s worries about the booming U.S. oil production have increased significantly with the big three oil companies’ interest in shale. Exxon Mobil Corp., Royal Dutch Shell Plc, and Chevron Corp.,…

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