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U.S. Oil Rig Count Up On Rising Oil Prices

U.S. Oil Rig Count Up On Rising Oil Prices

The U.S. rig count continues…

Europe’s Big Oil Breaks Even At $50-60 Per Barrel

Europe’s Big Oil Breaks Even At $50-60 Per Barrel

According to credit agency Fitch,…

Energy

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Oil To $70? Or Down To $30?

Feb 22, 2017 at 16:55 | Nick Cunningham

Will oil prices rise to $70 per barrel this year or fall to $30? Depends on who you ask. Oil price forecasts are always all over the map, but the…

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Can The U.S. Dominate LNG Markets?

Feb 22, 2017 at 16:33 | Gregory Brew

American energy exports hit a new high in early 2017, contributing 7 million barrels of crude to markets abroad in the first week of February. Meanwhile,

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The Discounts Are Over: U.S. Shale Is About To Get More Expensive

Feb 22, 2017 at 15:54 | Nick Cunningham

The U.S. oil rig count has surged for the better part of three quarters, rising by 281 rigs since bottoming out in May 2016, an increase of nearly 90 percent.…

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Record Gasoline Glut Is Causing Problems On The East Coast

Feb 22, 2017 at 14:13 | Tsvetana Paraskova

The U.S. East Coast traditionally relies on imports from east Canada and Europe to fill in its gasoline demand. However, these days the gasoline glut in the New York area…

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Battery Wars – China Beating Tesla In The Gigafactory Race

Feb 22, 2017 at 14:00 | MINING.com

Tesla’s Gigafactory 1 has been a center of attention for people interested in the growing momentum behind green energy, electric cars, and battery production. Therefore, it is no surprise that…

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Unsatisfied With Oil Prices, Iraq Calls For New OPEC Meeting

Feb 22, 2017 at 13:38 | Tsvetana Paraskova

Iraq thinks that OPEC should hold a new meeting to discuss the cartel’s oil production cuts, given the fact that the current oil prices are still below expected levels, according…

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Oil & Gas M&A Just Broke All Records

Feb 22, 2017 at 12:01 | Dave Forest

I talked yesterday about prime oil and gas assets coming for sale in Asia. And some new data this week shows it’s not just that part of the world…

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Oil Prices Fall As Gasoline Glut Takes Its Toll

Feb 22, 2017 at 09:41 | Matt Smith

Crude prices are selling off today while gasoline holds up relatively better, as refiners playing 'pass the parcel' betwixt the two. As refiners make economic run cuts due to lower…

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Natural Gas Bulls Crushed As Prices Tank

Feb 21, 2017 at 16:11 | Nick Cunningham

Natural gas prices plunged to their lowest level since November on mild weather in the U.S., which has caused storage levels to decline at a much slower pace than…

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As Haftar Moves Closer To Russia, Will Libya Become The Next Syria?

Feb 21, 2017 at 16:04 | Zainab Calcuttawala

Libya’s returning oil wealth could bring back cheap fuel, food and foreign goods in a subsidy-based system in the most optimistic scenario. But as oil prices and production rise, the…

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