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Big Oil May Not Support All Trump 2.0 Policies

Big Oil May Not Support All Trump 2.0 Policies

Trump's two primary campaign promises,…

Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Saudi Arabia’s oil giant, in…

Energy / Energy-General

Oil Bulls See Glimmer Of Hope

Jun 07, 2019 at 13:26 | Tom Kool

Oil prices clawed back some losses at the end of the week on bullish news from OPEC. (Click to enlarge)

Will Bearish Sentiment Break OPEC+?

Jun 07, 2019 at 12:22 | Editorial Dept

The oil market has gone decidedly bearish, and sentiment is growing that Moscow isn’t going to be able to play ball much longer with OPEC cuts. The World Bank has…

U.S. Shale Spending Is Under Fire Again

Jun 07, 2019 at 12:21 | Editorial Dept

Friday, June 7, 2019 1. U.S. shale still burning cash- A cross-section of 29 U.S. shale companies reported more than…

U.S. Oil Rig Count Drops, But Production Remains Resilient

Jun 07, 2019 at 12:20 | Julianne Geiger

The number of active oil and gas rigs in the United States fell this week according to Baker Hughes, as the overall rig count reaches the lowest point since February…

Is The Bounce In Oil Prices Sustainable?

Jun 07, 2019 at 12:20 | Editorial Dept

This week, after falling since the end of April, oil futures officially entered bear market territory. That happened on Wednesday, with an unexpected build in inventories sparking the latest drop…

Floods And Fires Threaten Oil Outages

Jun 07, 2019 at 12:18 | Editorial Dept

Discovery & Development - Iraq has lifted the state of emergency it declared on the Majnoon oil field amid floods. Production at the field was unaffected despite the state of…

Has Oil Bottomed Out?

Jun 07, 2019 at 12:16 | Editorial Dept

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to finish mixed for the week based on Friday’s price action. Not only is this significant…

A ‘’Gusher Of Red Ink’’ For U.S. Shale

Jun 06, 2019 at 13:43 | Nick Cunningham

Oil prices are off more about 20 percent in the last two weeks on growing fears of a brewing economic recession. Commodities of all types have been hammered by the…

What’s Keeping The U.S. From Developing Its Cleanest Energy Source?

Jun 05, 2019 at 16:43 | Tsvetana Paraskova

The United States has a renewable, 24/7 clean energy resource right beneath its feet that can be used for electricity generation and direct heating and cooling.   Geothermal energy…

Iran’s Lifeline Against U.S. Sanctions

Jun 05, 2019 at 13:59 | Simon Watkins

Given that the immediate focus of U.S. sanctions on Iran is the nation’s oil sector, the Islamic Republic is concentrating on pushing its already significant petrochemicals capabilities to generate much-needed…

This Crazy Idea Could Be The Future Of Power Generation

Jun 05, 2019 at 13:48 | Irina Slav

Carbon capture and storage or reuse is gaining traction amid intensifying efforts to curb the effect of climate change on the planet. Now, a Swiss-Norwegian team of researchers has gone…

‘No Trade Deal’ Scenario Keeps A Hard Cap On Oil Prices

Jun 05, 2019 at 12:36 | Editorial Dept

Recent financial market headlines have been dominated by stories covering the plunge in global interest rates. And for good reason. Government bond yields have been sinking like a stone lead…

The Truth Behind Syria’s Oil Tanker Attacks

Jun 05, 2019 at 12:35 | Editorial Dept

Syrian Kurd Oil Deals and Tanker Attacks On Friday, Qatari and Turkish media were reporting that US-led coalition airstrikes took out three oil tankers in targeted airstrikes in eastern Syria,…

OPEC Powerless Against Global Production Growth

Jun 05, 2019 at 12:32 | Ross McCracken

Despite US sanctions on Iran, Venezuela’s ongoing crisis, Libya being at risk of conflict-related oil disruption and Russian oil exports curtailed by contamination problems, oil prices have weakened considerably, plummeting…

A Case For Circumventing Oil Sanctions

Jun 05, 2019 at 12:31 | Editorial Dept

With the sanctioning and tariff-slapping frenzy capturing most of media attention nowadays, we should get ready for a new epoch of geopolitics where the World Trade Organization’s standard rules are…

Bearish News Piles Up As Driving Season Kicks Off

Jun 05, 2019 at 12:29 | Editorial Dept

The past week was one of the weakest for crude markets this year – virtually everything combined together to create a highly powerful downward momentum. The oil market worries about…

World Bank Reduces Russia 2019 Growth Outlook On Oil Cuts

Jun 05, 2019 at 10:48 | Irina Slav

The World Bank reduced its economic growth outlook for Russia for this year because of lower crude oil production, the institution said in a new report on the economy…

Battery Breakthrough Solves Major Electric Car Problem

Jun 04, 2019 at 17:22 | Irina Slav

It’s no secret that batteries are the most expensive part of an electric vehicle. As such, this is the root of the industry’s problem and a roadblock to making larger…

The Next Headache For Canada’s Oil Patch

Jun 04, 2019 at 13:44 | Nick Cunningham

Canada’s oil sands industry just can’t catch a break. Enbridge’s Line 3 pipeline is facing the prospect of more delays as it was hit with a legal setback in…

Oil Is On The Brink Of A Bear Market

Jun 04, 2019 at 12:36 | Tom Kool

Oil markets are heading into bear territory as fears of a global economic slowdown grow on the back of Washington's escalating trade wars with both China and Mexico.

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