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Is Aramco IPO Behind Saudi Eagerness For OPEC Cut Extension?

Is Aramco IPO Behind Saudi Eagerness For OPEC Cut Extension?

Saudi Arabia, Kuwait, Iraq, Algeria,…

Why Oil Markets Are Not Recovering Much Faster

Why Oil Markets Are Not Recovering Much Faster

Divergent trends are making investing…

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Electric Car Boom Sets Cobalt Up For Massive Price Spike

Apr 26, 2017 at 17:18 | Charles Kennedy

Facing an acute shortage of cobalt coupled with challenging bottlenecks in the existing supply chain, ‘blue metal’ mania has taken hold. Prices are shooting up, hedge funds are hoarding physical…

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Will Trump Spark An Offshore Drilling Boom?

Apr 26, 2017 at 14:53 | Nick Cunningham

In a bid to fend off criticism over a dearth of achievements in his first 100 days in office, President Trump plans to sign a flurry of executive orders this…

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Space Mining: The Final Frontier For Oil Countries

Apr 26, 2017 at 14:52 | Tsvetana Paraskova

The centuries-long human fascination with space may go beyond making sci-fi movies and into a brave new world of asteroid mining within just a couple of decades. While scientists and…

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Is Canada’s Oil Industry Regaining Momentum?

Apr 26, 2017 at 14:36 | Peter Tertzakian

If dollars were votes, the Canadian oil sands is getting an approval rating of about 55 percent this year. Maybe that sounds like a great number for a politician, but…

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GM Factory Seizure Threatens Oil Sector In Venezuela

Apr 26, 2017 at 14:34 | Jacob Urban

The Venezuelan government’s seizure of a GM factory, as reported by Reuters, signals that the deeply corrupt regime of President Nicolas Maduro is escalating its self-defeating actions. Ironically, for oil…

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Russia Thwarts ISIS Attack In Far East Oil Hub

Apr 26, 2017 at 14:21 | Tsvetana Paraskova

Russia’s Federal Security Service, the FSB, said on Wednesday that it had foiled an attempt by alleged Islamic State supporters to carry out a terror attack in a crowded…

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Oil Prices Pull Higher As Refiners Soak Up Soaring Crude Imports

Apr 26, 2017 at 13:11 | Matt Smith

In today's game of rock-paper-scissors from the weekly EIA inventory report, crude inputs were propelled higher (like a rock), blunting the impact of super-strong imports (the scissors). On paper, the…

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Why Is China Buying Up These Unprofitable Natural Gas Assets?

Apr 26, 2017 at 10:20 | Dave Forest

Big surge in oil and gas M&A the last few months. With watchdogs Evaluate Energy reporting that Canadian energy deals have already totaled $32.8 billion in 2017 — nearly…

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EIA Takes Markets By Surprise, Reports Major Crude Oil Inventory Draw

Apr 26, 2017 at 09:49 | Irina Slav

Amid growing pessimism regarding an extension of OPEC’s oil production deal, and a day after the American Petroleum Institute reported an estimated increase of 897,000 barrels in U.S. commercial…

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Can An OPEC Extension Push Oil To $60?

Apr 25, 2017 at 15:38 | Gregory Brew

It now seems quite likely that OPEC will agree to an extension of November’s production cut agreement at their May meeting. The question facing analysts and market watchers is how…

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