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Tensions Between Israel and Iran Soar

Tensions Between Israel and Iran Soar

Tensions between Israel and Iran…

Uncertainty Drives Investors to Oil Stocks

Uncertainty Drives Investors to Oil Stocks

The reason that investors have…

Energy

Shale Bloodbath Continues: Continental Loses Half Its Market Value In 10 Months

Aug 07, 2019 at 11:49 | Tsvetana Paraskova

Continental Resources has lost around US$15 billion of its market capitalization since October 2018—more than half of its market value that now stands at around US$12 billion, in the latest…

EIA Lowers World Oil Demand Forecast Again

Aug 07, 2019 at 09:56 | Julianne Geiger

The US Energy Information Administration lowered on Tuesday its oil demand outlook for 2019 to 1 million barrels per day, according to Reuters. The forecast comes on top of…

Oil Prices Slide On Surprise Crude Build

Aug 07, 2019 at 09:42 | Irina Slav

The Energy Information Administration reported a 2.4-million-barrel build in crude oil inventories for the week to August 2, shattering expectations of another sizeable draw. Analysts had expected a draw…

Big Oil Profits Lag Despite Rising Production

Aug 06, 2019 at 16:18 | Nick Cunningham

The oil majors posted mixed results when they revealed their earnings for the second quarter, despite an increase in production in many cases. The danger is that one of the…

Hedge Funds Turn Their Back On Oil

Aug 06, 2019 at 16:14 | Tsvetana Paraskova

Speculative positions in the oil market were precariously balanced between bullish and bearish bets in the week to July 30 as money managers were divided in their response…

The U.S. Might Sanction China’s Largest Oil Company

Aug 06, 2019 at 15:39 | ZeroHedge

The Trump Administration's decision to reimpose sanctions on the Iranian oil trade has dramatically reduced Iranian crude exports - but it hasn't stopped some of the U.S.'s largest economic rivals…

Is Big Oil's Natural Gas Bet Turning Sour?

Aug 06, 2019 at 15:14 | Irina Slav

Big Oil has staked quite a claim in the natural gas industry in recent years, with supermajors building their presence in that segment in anticipation of the global energy shift…

Could This Be A Turning Point For Petrobras?

Aug 06, 2019 at 12:39 | Haley Zaremba

Brazil’s state-run oil company Petróleo Brasileiro SA, known as Petrobras, is in the midst of a sweeping effort to decrease its significant debt and raise profits by selling off some…

Oil Struggles As Markets Rocked By Trade War

Aug 06, 2019 at 12:15 | Tom Kool

Investor Alert: Did you know that it’s going to take over $2 trillion in energy investments…every year….for the next 20 years…Just to stay afloat?…

The Threat That Will Send Oil Down To $10

Aug 06, 2019 at 10:31 | Nick Cunningham

Oil prices will need to trade at around $9 to $10 per barrel in the long run if gasoline is going to be able to compete with…

Trump Freezes All Caracas Assets In Surprise Move

Aug 06, 2019 at 09:56 | Irina Slav

President Donald Trump signed an executive order freezing all assets of the Venezuelan government in the United States, Reuters reports, noting the move may open space for sanctions against…

Oil Tries To Rebound From Trade War-Inflicted Rout

Aug 06, 2019 at 08:52 | Tsvetana Paraskova

Oil prices were edging up early on Tuesday, trying to shake off several hefty sell-offs in recent days after U.S. President Donald Trump abruptly ended a tentative trade war truce…

Oil Crashes On New Trade War Escalation

Aug 05, 2019 at 15:23 | Nick Cunningham

Oil resumed its decline on Monday after China showed signs of not backing down in the face of more tariffs from the United States. It wasn’t just oil. Financial markets…

Oil Needs To Be Below $20 To Compete With Electric Cars

Aug 05, 2019 at 15:20 | Tsvetana Paraskova

The long-term breakeven oil price needs to be as low as $9 or $10 a barrel so that gasoline cars can remain competitive as a means of…

Oil Industry Faces Imminent Talent Crisis

Aug 05, 2019 at 15:08 | Irina Slav

The oil and gas industry is facing a potential crisis, and this crisis could hit in just a few years: a workforce shortage. The problem is not exactly new. Its…

Carmakers Face Supply Bottleneck Of This Crucial Metal

Aug 05, 2019 at 14:38 | Jon LeSage

For Tesla and its chief competitors in the race for global domination of electric vehicle sales, it ain’t all about lithium ion. There are other valuable metals needed to make…

Brent Drops Below $60 Amid Global Stock Market Slide

Aug 05, 2019 at 13:40 | Julianne Geiger

Oil prices were trading down again Monday despite tensions in the Middle East. The latest market mover is not the tensions surrounding Iran, and it’s not outages in Libya and…

Here’s Why Canadian Oil Prices Are Finally Rallying

Aug 05, 2019 at 12:17 | Tsvetana Paraskova

“The pipeline companies are getting pretty creative on how they’re expanding some capacity out of the country,” Keith Chiasson, Executive Vice-President, Downstream at Cenovus Energy, said on the Q2…

Oil Could Plunge By $30 If China Restores Iranian Oil Imports

Aug 05, 2019 at 12:05 | Tsvetana Paraskova

Should China decide to defy the latest U.S. tariff threat by ramping up imports of Iranian crude oil in open defiance to the U.S. sanctions on Iran, oil prices could…

China Unlikely To Slap Retaliatory Tariff On U.S. Crude Oil

Aug 05, 2019 at 10:34 | Tsvetana Paraskova

U.S. crude oil is unlikely to become a target of possible Chinese retaliatory tariffs in response to the latest American tariff threat, refinery and trading sources told S&P Global…

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