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This Could Be A Gamechanger For Natural Gas In Europe

This Could Be A Gamechanger For Natural Gas In Europe

Europe’s lack of energy security…

Energy / Oil Prices

Aggressive U.S. Oil Sanctions Could Bankrupt Venezuela

Jul 21, 2017 at 16:53 | Nick Cunningham

The U.S. government has warned that it would take “swift economic actions” if the Venezuelan government proceeds with a July 30 move to rewrite the constitution to consolidate power…

Energy Equities Hit Hard By Unstable Oil Prices

Jul 21, 2017 at 16:44 | ZeroHedge

Back in May, we pointed out an interesting observation made by Goldman: unlike late 2015 and most of 2016, when equities demonstrated surprising resilience to the swoon in oil prices, in…

Oil Market Aloof Despite Falling Inventories

Jul 21, 2017 at 16:11 | Dan Dicker

The dog days of summer seem to be bringing on even more dog days for OIL. From my perch, there now seems to be very hard caps on where oil…

Daily OPEC Oil Prices Now Public For The First Time Ever

Jul 21, 2017 at 15:07 | Josh Owens

Despite the oil industry being arguably the most vital and influential sector in the world, the average member of the public knows relatively little about its inner workings. Oil prices…

OPEC Meets Next Week To ‘Fix’ Compliance Problem

Jul 21, 2017 at 09:30 | Irina Slav

Kuwait’s Oil Minister Essam al-Marzouq has delivered an anticlimactic statement regarding the upcoming OPEC ministerial meeting in St. Petersburg: the ministers will discuss compliance levels with the November oil output cut…

The Abrupt Demise Of Dutch Gas

Jul 20, 2017 at 14:19 | Viktor Katona

The largest and oldest-producing gas field in Western Europe, the Groningen field, is on the verge of being shut down. If that happens, it will entail the tumbling of Netherlands'…

Why Oil Prices Can’t Gain Traction

Jul 20, 2017 at 12:59 | Metal Miner

Despite U.S. oil stocks falling 7.6 million barrels, the biggest drop since September, a recent Financial Times article reports, quoting U.S. Energy Information Administration data, that the oil price is…

Permian Oil Reserves Are Grossly Exaggerated

Jul 19, 2017 at 17:14 | Arthur Berman

We are entering a new age of American energy dominance according to Energy Secretary Rick Perry. President Trump reflected that view in comments he made last week that “…we’ve got underneath…

Is This A Sign That The OPEC Deal Is Doomed?

Jul 18, 2017 at 16:24 | Gregory Brew

Late on Monday the oil world was shocked to learn that Ecuador planned on exceeding its OPEC production quota, publicly breaking from the supply cuts agreed to in November 2016…

U.S. Shale Output Just Reached A New Record

Jul 18, 2017 at 14:40 | ZeroHedge

One month ago, we reported that based on recent data, June oil output from shale producers would post the first double-digit production growth since July of 2015, when…

4 Reasons Oil Will Rally Back To $50

Jul 17, 2017 at 16:38 | Nick Cunningham

“I think there is a high probability that we could see [WTI] rallying back to $50,” Bob Parker, member of the investment committee at Quilvest Investment Management, said on

Did OPEC Create The U.S. Shale Problem?

Jul 17, 2017 at 11:03 | Precise Consultants

Yet again, U.S. shale producers are benefitting from the disastrous game of chicken deployed by OPEC back in 2014. And that’s something which is at once ironic and deeply worrying.…

Are Deeper Cuts OPEC’s Only Option?

Jul 14, 2017 at 15:41 | Osama Rizvi

Despite the November, 2016 Vienna crude oil agreement among OPEC and certain non-OPEC (NOPEC) producers and its subsequent May 2017 extension, the global crude oil market is still burdened…

Ignore The Hype: Oil Is Rangebound

Jul 14, 2017 at 15:21 | Nick Cunningham

Investors can be forgiven if they are more puzzled than ever regarding the trajectory of oil prices. The gyrations over the past month have induced a sense of deep despair,…

Oil Prices Inch Higher Despite Rising Saudi Exports

Jul 14, 2017 at 12:32 | Matt Smith

We've had more energy-related newsflow than we can shake a stick at this week, but as we head into the weekend, hark, here is a cornucopia of crude and energy-related…

‘’Oil Market Rebalancing Hasn’t Even Started Yet’’

Jul 13, 2017 at 16:33 | Nick Cunningham

Global oil production surged in June “as producers opened the taps,” according to a new report from the International Energy Agency (IEA). OPEC was a major culprit, with Libya and…

Capping Libya, Nigeria Output Won’t Help Erase The Glut

Jul 13, 2017 at 13:21 | Tsvetana Paraskova

The steady recovery of oil production in Libya and Nigeria in recent months has prompted OPEC to consider limiting the output of the two African producers that are currently…

IEA: Market Shows Waning Confidence In Oil Rebalancing

Jul 13, 2017 at 10:57 | Tsvetana Paraskova

The rebalancing of the oil market is taking too long, the International Energy Agency (IEA) said in its Oil Market Report on Thursday. Since the record net long position…

Halliburton Sees Oil Price Spike By 2020

Jul 13, 2017 at 09:04 | Zainab Calcuttawala

U.S. construction and fracking major Halliburton believes the oil market crash that has lasted three years will cause oil prices to spike by the year 2020, according to World Oil.…

Are Supermajors Spooked By Peak Oil Demand?

Jul 12, 2017 at 16:18 | Gregory Brew

Will the world’s appetite for crude oil ever be sated? For decades, it was widely presumed that demand for petroleum would grow steadily in line with the expansion of the…

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