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Energy

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Trump’s Budget: Valuing Military Over Energy

Mar 21, 2017 at 15:50 | Nick Cunningham

Last week President Trump unveiled his budget blueprint, which detailed savage cuts to most areas of discretionary spending while boosting defense outlays by a whopping $54 billion. Nearly all…

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Why Shell’s Oil Sands Sell Off Is Great News For Canadian Oil

Mar 21, 2017 at 15:49 | David Yager

There was a time when if a Canadian exploration and production (E&P) company bought out a foreign-controlled competitor, it was not only good for the country but financially beneficial because…

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Oil Heads Lower As Traders Sell The Rumor

Mar 21, 2017 at 14:47 | Tom Kool

Oil prices fell to one week lows ahead of this week’s inventory data as rumors about a possible OPEC output cut extension failed to impress the markets.

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Oil Prices Fall As Markets Lose Faith In OPEC Output Cut Extension

Mar 21, 2017 at 12:41 | Matt Smith

Crude prices are coming under selling pressure once again, as oversupply concerns dwarf OPEC production cut expectations. As equity markets join oil prices in charging lower, hark, here are six…

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A Sign Of Slowing Demand? Chinese Refiners Reach Crude Import Quota

Mar 21, 2017 at 12:12 | Irina Slav

China’s independent refiners known as teapots have used up the amount of imported crude that the government allocated to them in January, which means imports are likely to slow down…

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Iran’s 14 Billion-Barrel Oil Field Comes Online

Mar 21, 2017 at 10:44 | Dave Forest

Back from the wilds of Asia. Just in time to witness one of the most critical new field start-ups the global oil sector has seen in years. That’s the South…

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Oil Has Room To Fall As Speculators Bail On Bullish Bets

Mar 20, 2017 at 15:44 | Nick Cunningham

Last week, after WTI dipped to $48, it seemed to firm up a bit on assurances from OPEC regarding compliance with its cuts, and a better-than-expected report from the…

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Is China The Next Key Influencer In The Middle East?

Mar 20, 2017 at 15:26 | Irina Slav

Saudi Arabia’s king Salman last week invited Beijing to take a more active part in Middle East politics and in response, the Chinese Foreign Ministry said it would be happy…

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OPEC Favors Production Cut Extensions As Next Meeting Nears

Mar 20, 2017 at 14:55 | Zainab Calcuttawala

Members of the Organization of Petroleum Exporting Countries (OPEC) favor extending production cuts beyond June to continue efforts to rebalance global oil markets, according to a new report by Reuters.…

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Is A Russian-Iranian Energy Pact In The Making?

Mar 20, 2017 at 14:17 | Viktor Katona

In the lead-up to President Rouhani’s visit to Moscow, expected to take place in late March, a plethora of news regarding joint Russo-Iranian energy projects has been circulating on…

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