The crude oil net long…
Javier Blas analyzes the impact…
In the short term, oil…
There are many people who would argue that oil is on the edge of a precipice. The shift towards electric vehicles (EVs) is gaining pace, and without the massive demand…
Friday October 6, 2016 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…
With new discoveries on the map and a series of auctions, Mexico’s newly liberalized energy sector looks great—on the surface. But there are plenty of things to trip up investors,…
Each week, the U.S. Energy Information Administration (EIA) issues its weekly inventories report. In the report it gives us information on the supply of crude oil, gasoline and distillates. It…
It’s great to finally welcome the traditional big automakers to the electric vehicle revolution. While we’ve all been watching Tesla Motors steal the show here for a very long time,…
Oil prices fell from last week's highs as investors pocketed gains. Not all hope is lost, however. Saudi Arabia and Russia just announced some promising news regarding the rebalancing of the…
The number of active oil and gas rigs in the United States fell this week by 4 rigs. The total oil and gas rig count in the United States…
After Chevron said on Wednesday it was preparing to begin shutting down two platforms in the Gulf of Mexico ahead of a tropical storm raging in the Caribbean, now…
Vitol’s chief executive, Ian Taylor, said he expected the shift to electric vehicles and non-fossil fuel sources of energy to shrink the oil industry. Speaking at an event in…
The pressure on shale drillers to throttle back on their aggressive drilling continues to crop up in new places, and there are growing signs that the Permian is slowing down.…
While the U.S. administration is pushing for a tax code overhaul and supports American “energy dominance”, an environmental group suggests in a new study that at the current oil prices…
As it turned out, my predictions of where prices would end up by the end of September were spot on. And now, we’re entering a period of rather narrow trading…
West Texas Intermediate briefly slumped below US$50 after a brief rally, as EIA data about U.S. crude oil exports showed these had hit a record-high of 1.98 million bpd.…
Every carmaker worth their salt is developing electric cars. It’s like a virus that’s going around infecting car manufacturing companies. The virus’ name, of course, is Tesla—with observers seeing Elon…
The growth-at-all-costs model for shale drillers has succeeded in ramping up U.S. oil production, but it hasn’t necessarily led to impressive financials. A group of activist investors are hoping to…
The pace of China’s crude oil imports and demand growth is one of the key pieces of data for the oil market and analysts to gauge global oil demand growth.…
OPEC recently released its Monthly Oil Market Report which covers the global oil supply and demand picture through July. OPEC crude oil production decreased by 79,000 BPD in August to average…
In a Canute-like move, On September 29, the US Department of Energy sent a proposal to the Federal Energy Regulatory Commission (FERC) that would, if adopted, significantly increase the value…
When Lebanon’s Prime Minister Saad Hariri paid a visit to Russian President Vladimir Putin mid-September, most media coverage revolved around political and military issues. Yet the meeting was part…
Qatar holds the third largest natural gas reserves in the world behind Iran and Russia. The country’s offshore region is host to the largest natural gas field in the world,…