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Oil Heads Lower For Sixth Day In A Row

Oil Heads Lower For Sixth Day In A Row

Despite a weakening U.S. dollar…

Energy / Energy-General

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Expert Commentary: Don’t Be Fooled By U.S. ‘Production Gains’

Jul 29, 2016 at 16:14 | SCS OTC Corp

• WTI sold off to a low of $41.04 this week, capping a $10.63 drop since June 9th. In our view the short-term bearish narrative of too much…

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Oil Industry Slammed By Disappointing Earnings, Oil Price Plunge

Jul 29, 2016 at 14:29 | Evan Kelly

WTI oil pared losses on Friday morning, breaking with a 6 day streak of losses. U.S. oil production also saw a slight increase, mainly due to higher output…

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Oil Reverses As Buyers Enter The Market

Jul 29, 2016 at 12:28 | Matt Smith

A weaker U.S. dollar is once again wafting smelling salts under the nose of the crude market, and this time it appears to be working. A large miss…

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Exxon Misses Estimates By A Mile, Plunges To Two-Month Lows

Jul 29, 2016 at 09:32 | Tsvetana Paraskova

ExxonMobil reported on Friday earnings of US$1.7 billion for the second quarter, a 59-percent tumble on the year, amid sharply lower commodity prices and weaker refining margins. Earnings per…

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Oil Majors Hit Hard As Refining Boom Comes To An End

Jul 28, 2016 at 16:50 | Rakesh Upadhyay

British Petroleum, the first oil major to announce results on Tuesday, has reported the lowest refining margins for the April to June period in the past six years.…

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Shell Disappoints Analysts With Abysmal Earnings Report

Jul 28, 2016 at 15:44 | Nick Cunningham

Royal Dutch Shell disappointed with its second quarter earnings, reporting numbers much lower than what analysts had expected. Shell’s profits fell by 72 percent, dropping to $1.05…

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Oil Heads Lower For Sixth Day In A Row

Jul 28, 2016 at 11:34 | Matt Smith

Despite a weakening U.S. dollar wafting smelling salts under the nose of the crude market, prices are still unable to pick themselves up off the canvas, heading lower…

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How Much Energy Does It Take To Fuel The Pokemon Go Craze?

Jul 27, 2016 at 16:20 | Irina Slav

Do you know how much energy it takes to connect one Pokémon GO player? You may neither know nor care but you will find out shortly: it

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Why Renewables Can’t Do It Without Nuclear Power

Jul 27, 2016 at 14:46 | Matt Slowikowski

Although both nuclear and renewables are useful to reduce carbon emissions, nuclear is not included in the most ideal power mix due to its waste management, expensive decommissioning…

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Oil Extends Losses As EIA Reports Filling Inventories

Jul 27, 2016 at 10:42 | Matt Smith

As the latest weekly inventory report from the EIA shows builds to both crude and gasoline, prices have reversed course and are charging lower. Hark, here are six…

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