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Energy

Shale Output Set To Hit All Time High Next Month

Jun 13, 2017 at 11:53 | ZeroHedge

While the June oil production data is still pending, it is safe to say that the June oil output from U.S. shale producers - estimated today by the EIA…

Conflicting News Keeps Oil Prices Down

Jun 13, 2017 at 10:20 | Stuart Parnell

I don’t know about the rest of you guys, but is anyone else feeling a bit hinky about the price of oil? Every time we seem to have the table…

Does This $2.5B Bidding War Signal A Resurgence For Coal?

Jun 13, 2017 at 09:38 | Dave Forest

The past year’s big run in coal prices is fading. With rates for benchmark products like Australian thermal recently sagging to $80/tonne — after a rise that took that commodity…

Oil Prices Retreat On Rising OPEC Output In May

Jun 13, 2017 at 09:14 | Tsvetana Paraskova

Oil prices reversed earlier gains and drifted lower in early morning trade on Tuesday, after OPEC said that its crude oil production in May rose—despite the output cut deal—on the…

Oil Prices Are Set To Rebound

Jun 12, 2017 at 16:17 | Nick Cunningham

The latest selloff in oil prices have left speculators in a predicament: The fundamentals continue to look poor with unimpressive drawdowns in crude oil stocks, but there is a general…

Is Big Oil’s Bet On Petrochemicals A Bust?

Jun 12, 2017 at 14:21 | Haley Zaremba

Thanks to the last years’ unstable crude markets, peak oil demand looming around the corner, rising use of renewable energy and electric vehicles, and flooded markets, big oil is looking…

Top Asset Managers Still Bullish On Crude

Jun 12, 2017 at 14:20 | Henry Trinh

With U.S. investment managers and hedge funds reporting their quarterly equity positions ahead of the SEC deadline last month, some of the world’s largest asset managers are still taking bullish…

Can U.S. LNG Challenge Gazprom In Europe?

Jun 12, 2017 at 14:14 | Irina Slav

The first cargo of U.S. liquefied natural gas last week reached its destination in Poland. The country’s Prime Minister called this “a historical moment,” that brought the Central European country…

Saudis Cut Back Oil Supply To Asia, Slash Exports To U.S.

Jun 12, 2017 at 11:00 | Tsvetana Paraskova

OPEC’s de facto leader and the world’s biggest crude oil exporter, Saudi Arabia, will be reducing exports to some of its buyers in Asia next month, and will significantly cut…

Russia, Saudi Arabia: The OPEC Deal Works Fine

Jun 12, 2017 at 09:24 | Irina Slav

Russia and Saudi Arabia, the biggest participants in the international oil production cut deal, seem to be still confident that it will achieve the results everyone in OPEC and its…

Record Breaking U.S. Exports Could Hurt Oil Markets

Jun 09, 2017 at 16:27 | Nick Cunningham

U.S. exports have spiked in recent weeks, upending longstanding trade flows. But while that may be good news for some U.S. drillers, the unusually high level of crude exports are…

Can OPEC Keep Its Nerve?

Jun 09, 2017 at 16:24 | Drilling Info

The recent OPEC agreement to extend production cuts for a further nine months has had a mixed response from industry commentators. For some, it’s an example of OPEC’s new steadfastness…

How “Zombie” Funds Are Disrupting Oil Prices

Jun 09, 2017 at 16:18 | Kent Moors

Last December, Credit Suisse Group AG (CS), closed two very popular ways of betting on oil to the public. Both were exchange-traded notes (ETNs) pegged to oil prices, and both…

Bearish News For Natural Gas As Inventories Continue To Rise

Jun 09, 2017 at 16:17 | Drilling Info

Natural gas storage inventories increased by 106 Bcf for the week ended June 2, per EIA. The report is bearish with the build coming above market expectations, which were calling…

How Big Is California’s Oil And Gas Industry?

Jun 09, 2017 at 16:12 | Oil & Gas 360

Petroleum industry’s total economic value for California—larger than 15 U.S. state economies A new economic study released today by The Los Angeles County Economic Development Corporation (LAEDC) details the oil…

Oil Pipelines To Be Inspected By Robots

Jun 09, 2017 at 16:11 | Irina Slav

The robots are coming to oil and gas. This message is something we’ve been hearing a lot lately, what with autonomous trucks, piloted by Canada’s Suncor, to automated drilling…

Nigeria To Return 20% Of OPEC Cuts To The Market

Jun 09, 2017 at 16:07 | Oil & Gas 360

Shell lifts force majeure on Forcados oil in Nigeria Royal Dutch Shell (ticker: RDSA) lifted force majeure on exports of Nigeria’s Forcados oil grade, returning about 250 MBOPD to world…

Trump Takes Aim At Another Obama-Era Environment Rule

Jun 09, 2017 at 15:55 | MINING.com

The Trump administration is going after another of the Obama-era environment protection rules by ordering a review of conservation plan for the greater sage grouse, in a move that would…

Automakers Prioritize Climate Despite Trump’s Decision

Jun 09, 2017 at 15:54 | Jon LeSage

Automakers are disappointed with President Donald Trump’s decision to exit the Paris climate accord – and some will back the agreement without him. Two of the U.S.’s vehicle manufacturing

Bearish Markets: A Self-Fulfilling Prophecy

Jun 09, 2017 at 15:47 | Dan Dicker

In my early days of trading, I had a ‘mentor’ of sorts who gave me all sorts of advice and useful tips about market action. One I remember clearly was…

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