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Energy / Energy-General

Oil Looks Set For A Rapid Bounce

Nov 02, 2018 at 17:39 | Martin Tillier

WTI has recently experienced one of its biggest one-month declines in several years, having lost around eighteen percent since hitting a multi-year high of $76.90 last month. There has been…

There’s No Strong Fundamental Reason For Oil’s Decline

Nov 02, 2018 at 17:31 | Dan Dicker

The oil markets continue to be gripped with the continuation of violent selling in the last week, displaying what I can only describe as a ‘traditional’ puking:

The Real Influence Of IMO 2020

Nov 02, 2018 at 15:37 | Editorial Dept

If ship owners, oil refiners and traders had been hoping for a stay of execution concerning the International Maritime Organisation’s (IMO) impending rule on sulphur limits in bunker fuel, they…

A Trend Reversal In Oil Markets

Nov 02, 2018 at 15:33 | Editorial Dept

The bullish spirit of September has turned sour by the end of October, with both analysts and traders expecting a rather difficult 2019. More often than not one encounters global…

Soaring U.S. Oil Production Forces Prices Down

Nov 02, 2018 at 14:20 | Tom Kool

Oil prices continued to slide on Friday afternoon, despite a small decline in the U.S./Canadian rig count.

Falling Rig Count Fails To Lift Oil Prices

Nov 02, 2018 at 12:35 | Julianne Geiger

Baker Hughes reported a 1-rig decrease for oil and gas in the United States this week, bringing the total number of active oil and gas drilling rigs to 1,067 according…

Energy Earnings Pull Trinidad And Tobago From Recession

Nov 02, 2018 at 12:07 | Oxford Business Group

Presented on October 1 by Colm Imbert, the minister of finance, the 2019 budget forecasts GDP to increase by 1.9 percent this year before rising to 2.1 percent by 2021,…

U.S. Grants Iran Sanction Waivers To Eight Countries

Nov 02, 2018 at 10:02 | Irina Slav

Washington has granted eight Iranian oil importers waivers from the sanctions that enter into effect next Monday, among them Japan, South Korea, and India, a government official told Bloomberg.…

Goldman Sachs: Brent To Hit $80 Before Year-End

Nov 01, 2018 at 17:38 | Nick Cunningham

Oil prices have fallen around 15 percent over the past month, and concerns about oversupply have rushed back. OPEC and the U.S. are both adding enormous volumes of fresh supply,…

Iran’s Top Oil Customers Resist U.S. Calls For Zero Imports

Nov 01, 2018 at 14:01 | Tsvetana Paraskova

Just a few days before U.S. sanctions on Iranian oil exports return on November 5, the keywords about how much of Iran’s oil will come off the market are ‘lack…

Can U.S. Shale Overcome Its Cash Flow Problem?

Nov 01, 2018 at 13:28 | Kurt Cobb

I'm tempted to say the following to the writers of two recent pieces (here and here) outlining the continuing negative free cash flow of companies fracking for oil in America:…

Canada Lacks A Successful Energy Strategy

Oct 31, 2018 at 17:58 | Tsvetana Paraskova

“Canada has no energy plan beyond pedal-to-the-metal export of its non-renewable energy assets.” That’s the bottom line of a recent opinion piece in Calgary Herald by David Hughes, an…

OPEC's Radical Strategy Change After The Midterms

Oct 31, 2018 at 15:30 | Cyril Widdershoven

Oil markets could be heading for a possible showdown this week, as U.S. sanctions on Iran will be implemented fully, OPEC+ producers have opened the valves and the global economy…

Oilfield Service Companies May Struggle To Pay Debt

Oct 31, 2018 at 12:57 | Irina Slav

The oilfield service sector has been on the path of recovery from the 2014 industry downturn, but just when the industry says things are starting to look up, Moody’s has…

Full U.S. Energy Independence Is Impossible

Oct 31, 2018 at 11:51 | Gregory Brew

Establishing American “energy dominance” has been a key policy objective of the Trump Administration. Since coming to office, President Donald S. Trump has made increasing U.S. energy production and energy…

Will Iran’s Oil Exports Fall To Zero?

Oct 30, 2018 at 18:06 | Nick Cunningham

The deadline for implementation of U.S. sanctions on Iran is just days away, and the Trump administration is having second thoughts about how hard to press the Islamic Republic. More…

Can Russia Relieve The Iranian Oil Crisis?

Oct 30, 2018 at 15:26 | Vanand Meliksetian

Charles de Gaulle once said: “no nation has friends, only interests.” Cooperation between Russia and Iran has been increasing over the years. The countries are drifting towards each other due…

The Biggest Loser From New Fuel Standards

Oct 30, 2018 at 14:27 | Tsvetana Paraskova

Russia is currently the world’s biggest producer and exporter of fuel oil. But in just over a year, it could turn out to be the biggest loser from the new…

Oil Awaits Direction As Iran Sanctions Loom

Oct 30, 2018 at 14:04 | Tom Kool

Oil started out the week seeing some volatility and choppy trading, awaiting more signs of a clear direction. (Click to enlarge)

Big Oil Won’t Spend Despite Fat Profits

Oct 29, 2018 at 17:37 | Nick Cunningham

Higher oil prices are expected to leave the oil industry flush with cash, but the “capital discipline” mantra remains. Market watchers have wondered whether top oil executives would eschew with…

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