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Energy / Energy-General

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Oil Pares Losses On Fresh OPEC Rumors

Aug 23, 2016 at 13:38 | Evan Kelly

The latest oil rally started to unwind on a flurry of bearish news, but the prospect of Iran joining the OPEC meeting has boosted oil prices once again.

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Iraq Moves To Pump More Oil Before The OPEC Summit

Aug 23, 2016 at 12:58 | Zainab Calcuttawala

Iraq’s new Oil Minister Jabbar Al-Luaibi has asked the multinational corporations extracting oil on Iraqi lands to increase output, following a strong push by several other members…

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Goldman: The Rally Will Stall Regardless Of OPEC Freeze

Aug 23, 2016 at 10:59 | ZeroHedge

Exactly 24 hours ago, we explained why - in our view - the oil rally was over, and gave four key reasons: 1. After the biggest documented short…

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Oil Bounces On Iranian Rhetoric

Aug 23, 2016 at 10:53 | Matt Smith

Oh good. It's only the second day of selling after the recent rampant rally, and yet we are already hearing renewed rhetoric from key producers. Iran is the…

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Boom, Balance Or Bust: What's Next For Oil?

Aug 22, 2016 at 17:11 | Nick Cunningham

Oil prices have surged more than 20 percent in the last two weeks but there is quite a bit of disagreement over whether or not the rally can…

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The Permian Pitfall: A Race To The Bottom For Tight Oil

Aug 22, 2016 at 16:51 | Arthur Berman

Remember the shale gale and Saudi America? The scale of those outlandish delusions has now dwindled to plays in a few counties in West Texas and southeastern…

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The Answer To Whether The Oil Market Has Rebalanced

Aug 22, 2016 at 16:13 | ZeroHedge

Introduction: There has been much debate in the oil industry regarding this subject with a lot of poor analysis, no analysis at all, opinions, raw speculation, pure conjecture…

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Russia-Iran-Turkey Alliance Could Change Energy Dynamics For Good

Aug 22, 2016 at 15:30 | Irina Slav

A new strategic axis is forming in the Middle East, and this axis could play a transformative role in the region, upsetting the longstanding balance of power. Ankara…

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U.S. Gasoline Consumption On Target For A Record Year

Aug 22, 2016 at 13:17 | Robert Rapier

In last month’s Short Term Energy Outlook (STEO), the Energy Information Administration (EIA) projected that it now expects record U.S. gasoline consumption this year: Motor gasoline consumption…

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Is ExxonMobil Actually Only Worth A Fraction Of What It Says?

Aug 22, 2016 at 10:57 | Charles Kennedy

The investigation by a handful of attorneys general into ExxonMobil has much more to do with the oil major misleading investors than it does about covering up climate…

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