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Energy

Low Lithium Prices Could Hold Back The EV Revolution

Jan 15, 2021 at 16:22 | Alex Kimani

"You can have your own theories but you can't have your own facts." - Carl Sagan Bullish tech markets are rarely without curious dislocations.…

Has Big Oil Turned Its Back On Alaska?

Jan 15, 2021 at 16:20 | Haley Zaremba

“Is Exploring For Oil Still Profitable?” Oilprice asked back in August. As the novel coronavirus has swept the world, stalling whole industries, tanking…

Can China Make Myanmar A Major Oil Nation?

Jan 15, 2021 at 16:18 | Felicity Bradstock

Two countries linked by an energy source, China and Myanmar have become closer partners over the last few years due to their connection via an oil pipeline. Having…

Ukraine Is Failing To Capitalize On Its Gas Potential

Jan 15, 2021 at 16:17 | Viktor Katona

Many nations that intend to become self-sufficient with regard to their hydrocarbon needs oftentimes lowball the terms and conditions they offer to prospective investors. This is fairly logical,…

OPEC Predicts A Rebound In U.S. Shale

Jan 15, 2021 at 12:50 | Tom Kool

Oil prices fell back on Friday morning as demand fears grow, but OPEC has predicted an increase in U.S. shale production at current price levels.

OPEC Oil Revenues Could Slump To 18-Year Low

Jan 15, 2021 at 12:22 | Irina Slav

OPEC’s crude oil export revenues for 2020 could decline to $323 billion, the U.S. Energy Information Administration said in a new report, noting that this would be the lowest…

U.S. Rig Count Jumps Again As Oil Prices Stabilize

Jan 15, 2021 at 12:14 | Julianne Geiger

The U.S. oil rig count increased for the eigth consecutive week as drillers capitalize on higher oil prices  Baker Hughes reported on Friday that the number of oil and gas…

Oil Prices Under Fire As Traders Cite Demand Concerns

Jan 15, 2021 at 10:48 | Tsvetana Paraskova

Oil prices dropped early on Friday, as expanding lockdowns in China weighed on market sentiment about immediate global oil demand, while a stronger U.S. dollar also dragged crude futures down.…

Big Oil Watches In Fear As SEC Probes Exxon's Permian Valuation

Jan 15, 2021 at 10:01 | ZeroHedge

Having soared in recent days, rising 21% YTD on the back of the gamma squeeze discussed yesterday, and coupled with a barrage of analyst upgrades, most recently from Barclays and…

U.S. Shale Drillers Begin To Hedge Oil Price Production

Jan 15, 2021 at 09:22 | Irina Slav

U.S. shale oil companies are hedging against future price drops as West Texas Intermediate enjoys a rebound above $50 a barrel, Reuters has reported, citing unnamed sources in the…

Why Oil Will Keep Rising In 2021

Jan 14, 2021 at 17:17 | David Messler

We have seen strong moves higher in the key crude oil benchmarks-WTI, and Brent, in the last several months. This was initiated by the advent of positive news…

U.S. Shale Could Be The Biggest Winner Of The Latest OPEC Cuts

Jan 14, 2021 at 16:59 | Julianne Geiger

OPEC, and especially OPEC+, has always seemed to be at odds with the U.S. shale industry. From the drastic oil embargos of the ‘70s to the all-out oil price war…

The Hottest Oil Basin In The World

Jan 14, 2021 at 15:58 | Matthew Smith

What is fast becoming the world’s hottest offshore oil play, the Guyana-Suriname Basin, has entered the headlines once again. Hot on the heels of ExxonMobil and its partner…

Oil Prices Rise On New Stimulus Hopes

Jan 14, 2021 at 15:29 | Julianne Geiger

Oil prices were up on Thursday afternoon despite new and extended lockdowns that promise to slow any oil demand rebound that was expected for 2021. At 4:07 p.m. EST,

Iran Expands Its Sphere Of Influence With Iraqi Energy Deals

Jan 14, 2021 at 14:43 | Simon Watkins

Iraq announced two deals with countries that Iran hopes can be gradually moved further into its sphere of influence. One of the two, Lebanon, is already seen by Tehran as…

New Lockdowns In Europe Put The Brakes On The Oil Demand Rebound

Jan 14, 2021 at 13:05 | Tsvetana Paraskova

Road traffic and transportation fuel demand in most of Europe at the start of 2021 is likely at its weakest since the end of the first lockdowns in the late…

The Best-Performing Energy Stocks Of 2020

Jan 14, 2021 at 12:12 | Robert Rapier

In 2020, the energy sector got hit with the…

OPEC Sees Oil Demand Rise To 95.9 Million Bpd In 2021

Jan 14, 2021 at 11:59 | Tsvetana Paraskova

Global oil demand is set to rise by 5.9 million barrels per day (bpd) in 2021 from an estimated average demand of 90 million bpd in 2020, OPEC said on…

Goldman Sachs Warns Of Bullish Perfect Storm For Natural Gas

Jan 14, 2021 at 10:36 | ZeroHedge

Goldman Sachs has flipped on their bearish natural gas stance to a bullish one.  Goldman's Samantha Dart's reasoning behind the view shift is due to a combination of factors including…

Market Shouldn’t Fear Influx Of Iranian Crude Oil

Jan 14, 2021 at 10:04 | Julianne Geiger

Fears that Iran will flood the oil markets with its crude now that Joe Biden is set to take office are unfounded, OPEC’s Secretary General Mohammed Barkindo told Gulf Intelligence…

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