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Energy

Are Traders Overlooking The Real Oil Price Influencer?

Jul 31, 2017 at 10:56 | Brian Noble

Was the meeting between the OPEC and non-OPEC oil ministers in St Petersburg, Russia on 24 July a game changer or not? There were high hopes for additional production cuts,…

Europe’s Biggest Oil Refinery Shut Down After Fire

Jul 31, 2017 at 09:32 | Irina Slav

Shell’s Pernis refinery in Rotterdam, the biggest in Europe, has been partially shut down after a short circuit caused a major fire on Sunday. Deutsche Welle quoted a…

U.S. Shale Is Determined Not To Kill This Rally

Jul 28, 2017 at 17:17 | Nick Cunningham

Oil prices moved closer to a two-month high on Friday, closing out the week with some of the strongest gains in 2017. Market sentiment has turned “cautiously optimistic,” as Goldman…

U.S. Shale Slashes Capex As Low Oil Prices Bite

Jul 28, 2017 at 17:13 | Tsvetana Paraskova

Seven months into the OPEC production cut deal, oil prices are not higher than they were at the end of last year, as the stubborn global inventory overhang and rising…

U.S. Shale Has Set An Example For Oil Majors

Jul 28, 2017 at 17:08 | Irina Slav

It took the oil supermajors quite a while to come to terms with the new oil price realities. The blow from the 2014 price crash was so severe and apparently…

Fuel Sales Disappoint Despite Booming Truck Demand

Jul 28, 2017 at 17:07 | Jon LeSage

Americans have been purchasing a lot more pickups, SUVs, and crossovers than small cars, hybrids, and electric vehicles - and this doesn’t appear to be changing anytime soon. The traditional…

Was Trump Right About Coal?

Jul 28, 2017 at 17:01 | Scott Belinksi

In the six months since becoming president of the United States, Donald Trump has markedly shifted the global conversation on the long-term viability of fossil fuels. The recent announcement that…

Cities Face Huge Power Shortages In Near Future

Jul 28, 2017 at 16:53 | Henry Hewitt

“You come to us and tell us that the great cities are in favor of the gold standard. I tell you that the great cities rest upon these broad and…

Is Egypt’s Zohr Field A Game Changer?

Jul 28, 2017 at 16:47 | Shadow Governance Intel

A politically turbulent six-year period has impacted the Egyptian business environment, adding a new layer of political risks to investments made across the national economy. Despite this, the outlook in…

Gulf Of Mexico Growth Second Only To Permian

Jul 28, 2017 at 16:45 | Oil & Gas 360

GOM growth second only to Permian Big projects are coming back, according to the U.S. government’s energy data compiler. Gulf of Mexico oil production is projected to have the second-largest…

Saudi Arabia Moves To Privatize Utilities Ahead Of Vision 2030

Jul 28, 2017 at 16:38 | Oxford Business Group

Moves to privatise utilities assets in Saudi Arabia and expand the reach of its networks through increased investment should create new opportunities for private operators and service providers. Near-term asset…

The Key To Profiting In A Volatile Oil Market

Jul 28, 2017 at 16:33 | Dan Dicker

Yesterday’s quarterly report from Conoco-Philips (COP) is showing a renewed trend among oil companies, mirroring the report of Anadarko Petroleum (APC) a few days earlier. Both are reporting negative earnings…

Structuring A Trade For The Top Of The Channel

Jul 28, 2017 at 16:33 | Martin Tillier

For any trader, a perfect and clear chart pattern is a wonderful thing to behold. Even those like me who understand that technical and chart analysis has its limitations and…

Bullishness Is Back In The Oil Patch

Jul 28, 2017 at 16:33 | Editorial Dept

Friday July 28, 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…

Global Energy Advisory 28th July 2017

Jul 28, 2017 at 16:26 | Editorial Dept

Nigeria, exempt from OPEC’s oil output cut deal, has agreed to stop ramping up its production once it hits 1.8 million barrels per day. A milestone that is nearing, with…

Is This Oil Price Rally Grinding To A Halt?

Jul 28, 2017 at 16:22 | Jim Hyerczyk

U.S West Texas Intermediate and international-benchmark Brent crude oil futures were trading near an 8-week high as of early Friday after posting four straight sessions of higher closes. Support continued…

Can Oil Continue To Rally?

Jul 28, 2017 at 15:54 | SCS OTC Corp

- WTI registered its best week of the year on strong fundamental data, OPEC progress and currency tailwinds. The physical market is showing signs of health with sharp inventory draws…

Is This Oil Price Rally Sustainable?

Jul 28, 2017 at 13:18 | Tom Kool

Oil prices have recovered as a result of a flurry of bullish catalysts, and while most oil majors see earnings improve, upstream investments are falling.

Pace Of US Oil Rig Count Growth Slows As Prices Climb

Jul 28, 2017 at 12:24 | Julianne Geiger

The number of active oil rigs in the United States rose this week by 2 rigs showing a growth—albeit a slower one—in oil drilling as US players proceed more…

Oil Prices Rise As Saudi Arabia Attacks The Glut

Jul 28, 2017 at 11:05 | Matt Smith

Back in late May, Saudi Oil Minister Khalid Al-Falih said that 'exports to the U.S. will drop measurably', as the OPEC Kingpin adjusted its focus to reducing exports to…

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