Energy / Oil Prices

Mar 18, 2015 at 17:24 | Arthur Berman

Tight oil producers are hoping for an end to the U.S. oil export ban. They hired IHS to write the second report on this topic in…

Mar 17, 2015 at 18:40 | Nick Cunningham

A top Saudi official said on March 15 that Thomas Friedman and other conspiracy theorists are to blame for the crash in oil prices. Rather than…

Mar 16, 2015 at 14:58 | Arthur Berman

The IEA (International Energy Agency) made the following statement in its Oil Monthly Report on Friday that supposedly sent oil prices lower by $2.41 per barrel for Brent and…

Mar 16, 2015 at 14:40 | Nick Cunningham

After a brief period earlier this year in which the spread between WTI and Brent had vanished, the difference between the two oil benchmark prices has widened once again. For…

Mar 16, 2015 at 13:48 | Andy Tully

Oil prices lost about half their value between June and February, and now there’s a debate over whether there’s a second price drop in our future because of a persistent…

Mar 13, 2015 at 17:42 | Gail Tverberg

For a long time, there has been a belief that the decline in oil supply will come by way of high oil prices. Demand will exceed…

Mar 13, 2015 at 17:23 | Dan Dicker

"Fracklog” is the latest term running around the oil world, a new game that oil producers are playing to try and outlast temporarily depressed oil prices.…

Mar 13, 2015 at 17:03 | Jim Hyerczyk

Crude OilMay Crude Oil futures were under pressure most of the week driven by concerns over huge…

Mar 13, 2015 at 14:02 | Arthur Berman

World oil demand increased by 1.1 million barrels per day in February. This is a potentially important data point that suggests a crude oil price recovery sooner than later. It…

Mar 12, 2015 at 18:22 | Martin Tillier

Everything, so they say, is relative. Over the last two weeks, as WTI crude oil prices have turned tail and once again dived back below $50/Barrel,…

Mar 12, 2015 at 17:56 | Michael Klare

Many reasons have been provided for the dramatic plunge in the price of oil to about $60 per barrel (nearly half of what it was a year ago): slowing…

Mar 12, 2015 at 13:16 | ZeroHedge

With crude prices reeling from the effects of geopolitical wrangling and surging production, it’s a tough time to be a resident of an oil boom town. Although drilling in areas…

Mar 11, 2015 at 16:14 | ZeroHedge

In what some note could be a pre-emptive strike against rising social tensions in The Kingdom, new (and potentially crazy) King Salman bin Abdulaziz vowed to…

Mar 10, 2015 at 17:02 | Thomas Miller

As gasoline prices tumbled throughout much of 2014, America’s auto dealerships noticed a distinct uptick in business. More like robust. Aggressive. By September, it wasn’t SUV’s,…

Mar 10, 2015 at 15:54 | James Hamilton

The EIA is now reporting that U.S. field production of crude oil averaged almost 8.7 million barrels a day in 2014. That’s up 1.2 mb/d…

Mar 09, 2015 at 18:14 | Nick Cunningham

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess…

Mar 09, 2015 at 18:05 | Thomas Miller

Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June…

Mar 09, 2015 at 11:15 | Arthur Berman

Whiting Petroleum is the latest victim of the flawed U.S. shale play business model. The shale and tight oil play model is based on large-scale acreage…

Mar 06, 2015 at 13:40 | Jim Hyerczyk

April Crude Oil futures are poised to close higher for the week after posting a strong recovery, following last week’s sell-off. Technically, the picture is clear,…

Mar 04, 2015 at 17:23 | Andy Tully

The plunge in oil prices may be hurting many companies with on-shore operations, but those drilling in the Gulf of Mexico (GOM) appear to be at…