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China Buys Up Russian Oil

China Buys Up Russian Oil

China is on track to…

Why Morgan Stanley Says to Buy Energy Stocks Right Now

Why Morgan Stanley Says to Buy Energy Stocks Right Now

Morgan Stanley remains pessimistic about…

Energy

Morgan Stanley: Why Tanker Wars Aren’t Causing An Oil Price Spike

Jul 22, 2019 at 15:50 | Tsvetana Paraskova

The oil market has changed so much over the past five years that fast-growing non-OPEC oil production limits oil price gains from a spike in tensions in the Middle East,…

Why Is U.S. Demand For Solar Panels Booming?

Jul 22, 2019 at 13:27 | Tsvetana Paraskova

Solar modules prices in the United States have reversed in recent months the trend of steady declines of the past few years, as many U.S. solar companies are hoarding panels…

The Robot Revolution In Oil & Gas Starts Here

Jul 22, 2019 at 12:54 | Precise Consultants

There’s a lot of talk at the moment about the rise of the robot and the fourth subsea revolution. The industry has always been a major driver…

Millions Of ‘Hidden’ Iranian Barrels Set To Hit Oil Markets

Jul 22, 2019 at 11:19 | ZeroHedge

In what appears to be a gesture of contempt for Washington, Chinese companies have continued to import Iranian crude, but instead of reporting the crude imports, which would violate US…

RBC: Natural Gas Glut Will Last Into 2020s

Jul 22, 2019 at 10:40 | Irina Slav

A supply overhang in natural gas will persist into the next decade, the Royal Bank of Canada has projected, adding that China will be the single biggest driver of demand…

Oil Market Prepares For Super Secret Mexico Hedge

Jul 22, 2019 at 09:26 | Irina Slav

Wall Street banks have started preparing their positions on oil ahead of the annual Mexico oil hedge, in which Mexico places bets of as much as US$1 billion to protect…

The Two Most Important Catalysts For Oil

Jul 19, 2019 at 17:49 | Nick Cunningham

The International Energy Agency (IEA) said that it would cut its oil demand forecast due to a slowing global economy. “China is experiencing its slowest economic growth in the last…

U.S. Shale Is Doomed No Matter What They Do

Jul 19, 2019 at 17:49 | Nick Cunningham

With financial stress setting in for U.S. shale companies, some are trying to drill their way out of the problem, while others are hoping to boost profitability by cutting costs…

What’s Behind The North Sea Spending Spree?

Jul 19, 2019 at 17:46 | Tsvetana Paraskova

Emerging from one of the worst downturns in decades, one of the world’s oldest producing oil basins, the UK North Sea, is now taking a leaf out of U.S. shale’s…

Russian Crude Could Still Be Dirty By Mid-2020

Jul 19, 2019 at 17:44 | Julianne Geiger

As Poland’s biggest refiner publicly criticized the deteriorating quality of Russian oil, a suspect in the investigation into pipeline contamination that has severely disrupted Russian supplies is seeking asylum in…

The Ten Countries With The Greatest Fossil Fuel Production

Jul 19, 2019 at 17:43 | Robert Rapier

Despite the rapid growth of renewable energy over the past decade, fossil fuels still dominate global energy consumption. According to BP’s recently-released Statistical Review of World Energy 2019, fossil fuels represented 84.7…

China Records Rare Drop In Gasoline Output

Jul 19, 2019 at 17:42 | JLC

China recorded a year-on-year decline in its gasoline production in June 2019, the first time so far this year, which has also been rarely seen over past years. The country produced…

Oil Capped By Shaky Demand Outlook

Jul 19, 2019 at 13:52 | Tom Kool

Oil held up in Friday afternoon trading, showing some resistance to the continued selling of the last coupe of days.Friday 19th July 2019 Oil prices fell…

U.S. Oil Rig Count Falls Amid Production Dip

Jul 19, 2019 at 12:16 | Julianne Geiger

The US oil and gas rig count fell by 4 this week, according to Baker Hughes, after a string of losses that have stripped away 36 rigs since the beginning…

Long Speculator Exodus Sinks Crude Oil

Jul 19, 2019 at 11:31 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures are inching higher on Friday, but a steep sell-off earlier in the week has solidified a weekly lower close. In case you haven’t…

Cracks In Gasoline Demand Weigh On Oil Markets

Jul 19, 2019 at 11:29 | Editorial Dept

Friday July 19, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Clean Energy Acquisitions Pick Up

Jul 19, 2019 at 11:28 | Editorial Dept

Deals, Mergers & Acquisitions • US shale player Carrizo Oil & Gas is selling over to Callon Petroleum for a total of $3.2 billion, which includes $1.2 billion in stock…

It’s Sink Or Swim For U.S. Shale

Jul 19, 2019 at 11:14 | Editorial Dept

There are cracks beginning to appear in U.S. shale’s relentless growth story, and the indicators are all around us. We will run through some of the most glaring examples in…

Oil Market Caps Gains And Losses

Jul 19, 2019 at 11:13 | Editorial Dept

The fear factor over possible supply disruptions stemming from escalating tensions in the Middle East put upward pressure on prices this week as word surfaced that Iran had seized an…

Another Massive Gas Explosion Rocks China, Casualties Unknown

Jul 19, 2019 at 10:03 | Julianne Geiger

A massive explosion has been reported at China’s Yima gas plant in Henan province, damaging buildings in a 3-kilometer radius.  The casualties are still unknown as of the time of…

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