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The Oil Price Rally Has Stalled... For Now.

The Oil Price Rally Has Stalled... For Now.

Oil prices have been climbing…

Magnesium Battery Breakthrough Could Challenge Lithium-Ion Dominance

Magnesium Battery Breakthrough Could Challenge Lithium-Ion Dominance

Tohoku University researchers have developed…

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How Iraq Continues To Trick Washington

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Energy

OPEC Cheating Will Cap Oil At $52

Dec 06, 2016 at 16:27 | Nick Cunningham

OPEC succeeded in pulling off what many thought was impossible, overcoming mutual disdain and mistrust to reach a deal on reducing its oil output. Oil prices skyrocketed on the…

Oil & Gas Stocks Soar On OPEC Deal – Can The Rally Continue?

Dec 06, 2016 at 16:20 | Zainab Calcuttawala

The markets are reacting to the Organization of Petroleum Exporting Countries’ (OPEC) planned production reduction not just in oil price spikes, but stock prices, too—giving the deal the power to…

Venezuela’s Maduro Praises The OPEC Deal, But How Good Is It Really?

Dec 06, 2016 at 15:49 | Tsvetana Paraskova

Nicolas Maduro, the Socialist president of recession-hit and hyperinflation-stifled Venezuela, was the most vocal supporter and promoter of an OPEC deal to reduce oil supply in a bid to lift…

Permian - Hottest Oil & Gas Zip Codes, Or Dangerous Bubble?

Dec 06, 2016 at 15:47 | Laura Freeman

It is a very frustrating deal market in O&G overall. Despite the collapse in oil prices from a couple years ago the deal flow is still very slow, the buyer/seller…

Oil Rally Hits The Wall As Markets Grow More Skeptical Of OPEC Deal

Dec 06, 2016 at 14:00 | Evan Kelly

After rallying to 16 month highs on the back of the OPEC output deal, oil is falling as a result of record OPEC production, complicating the proposed cuts.

OPEC Winners: Iran Brags It Can Now Sell As Much Oil As It Wants

Dec 06, 2016 at 13:15 | Tsvetana Paraskova

Iran is now able to sell as much oil as it wants and to any country it “deems appropriate”, the oil ministry’s news service Shana quoted Iranian President Hassan Rouhani…

Oil Dips – Is This The End Of The OPEC Rally?

Dec 06, 2016 at 11:28 | Matt Smith

The crude complex is finally taking a breather after the recent OPEC-sponsored rally. We're now faced with the juxtapositioning of rising OPEC output versus promised cuts; something which could well…

IEA Chief Expects OPEC Deal To Work

Dec 06, 2016 at 10:11 | Irina Slav

Fatih Birol, the executive director of the International Energy Agency, expects oil’s fundamentals to regain balance soon, thanks to the output cut deal agreed by OPEC last week. His opinion…

Oil Prices Retreat As OPEC, Russia Bump Up Output Ahead Of Cuts

Dec 06, 2016 at 09:21 | Tsvetana Paraskova

Having rallied to 16-month-highs on the back of OPEC’s deal to cut oil supply, oil prices dipped on Tuesday after figures showed that November output at both OPEC and…

How Russia Outsmarted OPEC

Dec 05, 2016 at 16:39 | Irina Slav

OPEC’s historical deal to cut production has been sealed, and oil prices have jumped as a result, comfortably above the $50 per barrel mark. According to Lukoil’s vice president,…

Oil’s Most Popular Trading Products May Soon Be Delisted

Dec 05, 2016 at 16:26 | Michael McDonald

For most retail investors, buying physical crude oil as a commodity is not an option. Instead, many investors turn to exchange traded notes (ETNs) as a way to speculate on…

Saudi Arabia Surrenders To U.S. Shale

Dec 05, 2016 at 16:08 | City A.M

“Ending wars is very simple if you surrender.” – PJ O’RourkeThe new OPEC deal to cut oil output – the cartel’s first since 2008 – amounts to…

What You Need To Know About The World’s Biggest IPO

Dec 05, 2016 at 15:52 | Michael McDonald

Sometime in the next 12 to 24 months, the world will see probably see the biggest IPO in history, and one that may remain unparalleled for a century or more…

Dakota Pipeline Activists Shouldn’t Celebrate Just Yet

Dec 05, 2016 at 14:56 | Zainab Calcuttawala

As environmentalists, Native Americans and those opposed to the Dakota Access pipeline (DAPL) celebrated the White House’s denial of a construction permit to Energy Transfer Partners (ETP) this weekend, North…

OPEC November Production Hits Record Highs

Dec 05, 2016 at 12:40 | ZeroHedge

The greatest trick OPEC ever pulled was convincing the world to buy oil even as production kept rising to new all-time highs. Case in point, just out from Reuters: o…

Strong Buying Continues To Fuel Oil Rally

Dec 05, 2016 at 12:01 | Matt Smith

It is International Ninja Day, and oil is stealthily climbing higher to another daily gain. As OPEC optimism abounds, prices push higher for a fourth consecutive day to start the…

Here’s How Close Of A Call the OPEC Deal Really Was

Dec 05, 2016 at 09:47 | Tsvetana Paraskova

The day before OPEC reached a deal on reducing oil output, Saudi Arabia had tried to gauge the market reaction to a possible no-deal with some of the biggest global…

Is This The Death Blow For The Dakota Access Pipeline?

Dec 05, 2016 at 09:32 | Irina Slav

The U.S. Army Corps of Engineers has refused to grant a permit to Energy Transfer Partners for the construction of the hotly contested section of the Dakota Access oil…

The Wider Ramifications Of The OPEC Deal

Dec 02, 2016 at 17:52 | Gregory Brew

Contrary to many analysts’ expectations, OPEC successfully reached a deal to cut production on Wednesday. The deal, while still contingent upon non-OPEC production cuts, would see total OPEC production drop…

Is The Pain Finally Over For Oilfield Services?

Dec 02, 2016 at 17:41 | Zainab Calcuttawala

As the Baker Hughes rig count ticks upwards, oilfield services providers (OFS) are seeing a much-awaited revenue rebound in the heart of the United States’ most prominent drilling areas. Spending…

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