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Oil Moves Down on Inventory Rise

Oil Moves Down on Inventory Rise

Crude oil prices inched lower…

Energy

Is This The Most Underrated Upstream Player In The Industry?

May 10, 2019 at 17:36 | David Messler

Beginning in 2016 oil prices bottomed, and began a stop-start recovery that has restored WTI and Brent (two globally recognized bench marks for oil) to about 65-70 percent of their…

Bloomberg: LNG Markets Are In For A Wild Ride

May 10, 2019 at 17:27 | Irina Slav

The liquefied natural gas market is in for an exciting five years, with major swings between demand and supply excess, BloombergNEF said in its latest LNG outlook.…

Bullish Fundamentals Intact Despite Trade War Worries

May 10, 2019 at 17:26 | Editorial Dept

U.S. West Texas Intermediate and international benchmark Brent crude oil futures are trading slightly lower for the week with most of the downside pressure being fueled by escalating tensions between…

Debunking The Oil Industry Cash Flow Myth

May 10, 2019 at 17:26 | Robert Rapier

One of the refrains I often hear about the oil industry — particularly on those focused-on shale and tight oil — is that it collectively doesn’t make any money. There have been…

Chinese Oil Majors Backtrack On Pledge To Buy Iranian Oil

May 10, 2019 at 17:25 | Tim Daiss

It was a question that just as recently as last week was still undecided. Would Beijing kowtow to Washington’s demand that it stop importing Iranian oil at the start of…

Venezuela Is Teetering On The Brink

May 10, 2019 at 17:24 | Editorial Dept

Politics, Geopolitics & Conflict - Venezuela's PDVSA now has a board controlled by Maduro and another ad hoc board controlled by the opposition - and the state-run oil giant has…

Thinking Of Buying UBER? Check These Charts First

May 10, 2019 at 17:22 | Editorial Dept

Uber (UBER)’s IPO is dominating financial news this morning, but it may seem to be of little interest to energy-focused investors. There is, however, a reason why you should consider…

Global Oil Supply Under Threat

May 10, 2019 at 17:19 | Editorial Dept

Friday May, 10, 2019 1. Grain prices crash on Trump’s trade war- Soybean and corn futures plunged after President Trump…

Trump’s Trade War Dominates Energy Markets

May 10, 2019 at 17:17 | Editorial Dept

Oil prices this week are being dictated by yet another highly emotional trade war round that seemed to come out of nowhere. If Beijing really wants to dig in against…

U.S. Warns Iran May Attack Oil Tankers In The Persian Gulf

May 10, 2019 at 16:51 | Tsvetana Paraskova

The U.S. Maritime Administration issued on Friday a maritime advisory warning that Iran or its proxies could target oil infrastructure and commercial ships, including oil tankers, in and around…

Oil Markets Uncertain As Trade War Counters Supply Shortages

May 10, 2019 at 13:13 | Tom Kool

Oil prices were flat in early trading on Friday, sandwiched between supply outages and the escalating U.S.-China trade war. (Click to enlarge)…

Oil Inches Higher As Rig Count Continues To Decline

May 10, 2019 at 12:16 | Julianne Geiger

The number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of losses in the weeks prior, keeping…

Occidental Petroleum, Anadarko Seal The Deal

May 10, 2019 at 09:49 | Irina Slav

Occidental Petroleum and Anadarko yesterday signed a merger agreement putting the final stroke to the biggest deal in oil and gas since Shell’s acquisition of BG Group. Hart Energy

Libya’s $60 Billion Push To Double Oil Production

May 10, 2019 at 09:10 | Tsvetana Paraskova

Mustafa Sanalla, chairman of Libya’s internationally recognized National Oil Corporation (NOC), held meetings with U.S. companies at the Offshore Technology Conference (OTC) in Houston this week, to discuss US$60 billion…

The Shale Boom Is About To Go Bust

May 09, 2019 at 17:08 | Nick Cunningham

The shale industry faces an uncertain future as drillers try to outrun the treadmill of precipitous well declines. For years, companies have deployed an array of drilling techniques to extract…

Iran’s Oil Exports Implode As Sanctions Sting

May 09, 2019 at 17:01 | Nick Cunningham

Iran’s oil exports are plunging. Waivers on U.S. sanctions for Iranian oil purchases expired earlier this month, and there is evidence that most countries are steering clear of running afoul…

The Race For An Oil Spill Solution

May 09, 2019 at 16:57 | Irina Slav

The search for ever-better materials to soak up oil from water has recently added a new member to this highly specialized and highly sough-after family: Chinese scientists have invented a…

Exxon Presents Its Very Own Solution To Climate Change

May 09, 2019 at 14:06 | Tsvetana Paraskova

Shareholders have been stepping up pressure on the world’s top oil companies to start addressing climate change risks and set emission reduction targets if the world is ever to achieve…

Significant Supply Outages Put OPEC In A Very Difficult Position

May 09, 2019 at 13:33 | Tsvetana Paraskova

Mounting uncertainty over oil supply disruptions are clouding OPEC’s outlook on global supply for the rest of this year, a month and a half before the cartel is set to…

The European Gas Game Is About To Change

May 09, 2019 at 11:47 | Viktor Katona

In terms of oil and gas, post-Soviet nations are currently undergoing a consolidation phase that slowly brings back former partners that have fallen out in 2014-2016. Prices of both oil…

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