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China Prepares For A Natural Gas Import Boom

China Prepares For A Natural Gas Import Boom

China is rapidly expanding its…

Exposing The OPEC Deal Saboteurs

Exposing The OPEC Deal Saboteurs

OPEC’s latest data shows that…

Energy

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Exposing The OPEC Deal Saboteurs

Aug 11, 2017 at 10:45 | Dave Forest

Oil prices have been under pressure again this week. With West Texas Intermediate yesterday falling 2 percent, to below $49 per barrel.  And some surprising numbers this week show that…

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Saudi Arabia: Deeper Cuts Are Still On The Table

Aug 11, 2017 at 09:10 | Tsvetana Paraskova

OPEC and its non-OPEC partners have not closed the door to the possibility of extending the production cut agreement or even lowering production levels, Saudi Oil Minister Khalid al-Falih

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5 Top Picks To Play The Electric Car Boom

Aug 10, 2017 at 16:46 | Charles Kennedy

The electric vehicle revolution is coming much faster than even some of the most bullish analysts expected. In late July, even the CEO of Royal Dutch Shell, one of the…

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Oil Futures Point To Higher Oil Prices

Aug 10, 2017 at 16:35 | Nick Cunningham

The EIA reported another strong week of inventory declines in its most recent data release, revealing a drawdown of 6.5 million barrels for the week ending on August 4.…

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China Prepares For A Natural Gas Import Boom

Aug 10, 2017 at 16:32 | Irina Slav

Last month, the International Energy Agency said that China will account for 40 percent of the global annual growth in natural gas demand over the next five years. Imports…

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Tesla Successfully Raises Funds As Cash Bleed Continues

Aug 10, 2017 at 14:14 | Jon LeSage

CEO Elon Musk and other Tesla executives have gone on a road trip this week to raise $1.5 billion in high-yield junk-rated bonds. As of Monday, Musk was able…

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OPEC Deal In Jeopardy As Exempted Nations Boost Output

Aug 10, 2017 at 13:23 | Ron Patterson

All data below is based on the latest OPEC Monthly Oil Market Report. All data is through July 2017 and is in thousand barrels per day.…

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$450 Billion Oil Discovery Could Be A Gamechanger For US Oil

Aug 10, 2017 at 13:02 | Joel Chury

A surprise discovery coming out of Utah and Colorado’s Paradox Basin oil field has captured the attention of the petroleum sector today. Over 9 billion barrels equivalent (BOE), to be…

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Oil Glut Endures As OPEC Confirms Higher Output

Aug 10, 2017 at 09:35 | Irina Slav

OPEC confirmed reports that its crude oil production increase last month, reporting a daily rate of 32.869 million barrels, up by 172,600 bpd. Global commercial oil stocks in the…

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Researchers Just Found Something Extraordinary In This Volcano

Aug 09, 2017 at 16:58 | Charles Kennedy

There’s nothing like raging magma to form the foundation of a multi-billion-dollar business. When the ashes settled around this millionaire making massive volcano in Argentina thousands of years ago, after…

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