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Energy / Energy-General

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Oil Rallies As Glut Fears Abate

Feb 10, 2017 at 15:21 | Evan Kelly

Oil prices rose on Thursday and Friday after booking some midweek losses as a result of exceptionally strong builds to U.S. crude inventories  …

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

Feb 10, 2017 at 12:29 | Julianne Geiger

The number of active oil and gas rigs in the United States increased again on Friday by 12, taking aim at earlier gains to both WTI and Brent crude oil…

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Oil Prices Head Higher On Positive Demand Outlook

Feb 10, 2017 at 11:48 | Matt Smith

A supportive IEA monthly report has encouraged a Friday rally for black gold, Texas tea. As prices ping around in their current tight trading range, approaching resistance once again, hark,…

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Will Lebanese Oil And Gas Ignite The Country?

Feb 09, 2017 at 13:55 | Scott Belinksi

While the Eastern Mediterranean is well known for its major (and underexploited) gas reserves, Lebanon is the latest country in the region to join the oil rush, after Egypt’s…

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Is Papa Too Late To The Permian Party?

Feb 09, 2017 at 13:51 | Tsvetana Paraskova

Veteran oil industry executive Mark Papa is back in the game and heading to the hottest shale play – the Permian – but he may be a little late to…

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Nigeria Rescues Oil Tanker From High-Seas Pirates

Feb 09, 2017 at 13:06 | Damir Kaletovic

The Nigerian Navy has rescued an oil tanker from pirates near Bonny Island, even as the number of high-seas hijackers is at an 18-year low, according to the International…

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Are These OPEC Members Sabotaging The Output Deal?

Feb 08, 2017 at 16:33 | Nick Cunningham

OPEC provide a shot in the arm for oil prices this week when S&P Global Platts reported a much higher than expected compliance rate for the month of June. So…

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Can Natural Gas Rescue Algeria’s Ailing Economy?

Feb 08, 2017 at 16:01 | Zainab Calcuttawala

Algeria is paving the way for a stronger natural gas export profile in Europe, building off of preexisting relationships with Spain, Italy and Portugal, Forbes reported earlier this year.…

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The Unlikely Alliance Between Trump And Saudi Arabia

Feb 08, 2017 at 14:52 | Precise Consultants

An unlikely supporter of U.S. President Donald Trump’s energy policies spoke out this week, and it’s really appropriate in this mad mad word of alternative facts and logic be damned,…

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Time Bomb In Oil Markets: Goldman Sachs Issues Warning

Feb 08, 2017 at 11:54 | ZeroHedge

While energy traders remain focused on weekly changes in crude supply and demand, manifesting in shifts in inventory of which yesterday’s API data and today’s EIA data was a breathtaking…

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