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Small Banks Significantly Boost Loans to Oil And Gas Firms

Small Banks Significantly Boost Loans to Oil And Gas Firms

Regional banks BOK Financial, Citizens…

3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

Apache, Marathon Oil Corp. and…

Russia’s Crude Is Trading at $15 Above the Price Cap

Russia’s Crude Is Trading at $15 Above the Price Cap

Russia’s flagship crude grade is…

Energy

Non-OPEC Compliance Rate Rises To 60%

Feb 23, 2017 at 09:50 | Tsvetana Paraskova

The non-OPEC producers that have signed up to the supply-cut deal forged by OPEC to boost oil prices and rebalance the market have been improving on their initially low compliance…

Oil To $70? Or Down To $30?

Feb 22, 2017 at 16:55 | Nick Cunningham

Will oil prices rise to $70 per barrel this year or fall to $30? Depends on who you ask. Oil price forecasts are always all over the map, but the…

Can The U.S. Dominate LNG Markets?

Feb 22, 2017 at 16:33 | Gregory Brew

American energy exports hit a new high in early 2017, contributing 7 million barrels of crude to markets abroad in the first week of February. Meanwhile,

The Discounts Are Over: U.S. Shale Is About To Get More Expensive

Feb 22, 2017 at 15:54 | Nick Cunningham

The U.S. oil rig count has surged for the better part of three quarters, rising by 281 rigs since bottoming out in May 2016, an increase of nearly 90 percent.…

Record Gasoline Glut Is Causing Problems On The East Coast

Feb 22, 2017 at 14:13 | Tsvetana Paraskova

The U.S. East Coast traditionally relies on imports from east Canada and Europe to fill in its gasoline demand. However, these days the gasoline glut in the New York area…

Battery Wars – China Beating Tesla In The Gigafactory Race

Feb 22, 2017 at 14:00 | MINING.com

Tesla’s Gigafactory 1 has been a center of attention for people interested in the growing momentum behind green energy, electric cars, and battery production. Therefore, it is no surprise that…

Unsatisfied With Oil Prices, Iraq Calls For New OPEC Meeting

Feb 22, 2017 at 13:38 | Tsvetana Paraskova

Iraq thinks that OPEC should hold a new meeting to discuss the cartel’s oil production cuts, given the fact that the current oil prices are still below expected levels, according…

Oil & Gas M&A Just Broke All Records

Feb 22, 2017 at 12:01 | Dave Forest

I talked yesterday about prime oil and gas assets coming for sale in Asia. And some new data this week shows it’s not just that part of the world…

Oil Prices Fall As Gasoline Glut Takes Its Toll

Feb 22, 2017 at 09:41 | Matt Smith

Crude prices are selling off today while gasoline holds up relatively better, as refiners playing 'pass the parcel' betwixt the two. As refiners make economic run cuts due to lower…

Natural Gas Bulls Crushed As Prices Tank

Feb 21, 2017 at 16:11 | Nick Cunningham

Natural gas prices plunged to their lowest level since November on mild weather in the U.S., which has caused storage levels to decline at a much slower pace than…

As Haftar Moves Closer To Russia, Will Libya Become The Next Syria?

Feb 21, 2017 at 16:04 | Zainab Calcuttawala

Libya’s returning oil wealth could bring back cheap fuel, food and foreign goods in a subsidy-based system in the most optimistic scenario. But as oil prices and production rise, the…

Oversupply Fears Grow As U.S. Oil Exports Hit Record High

Feb 21, 2017 at 14:13 | Michael McDonald

U.S. oil producers contributed a record 7 million barrels of crude oil to international markets during the Week of February 5th, 2017, approximately one million barrels per day. This…

This Is Where Oil Majors Expects The Next Big Efficiency Jump

Feb 21, 2017 at 14:06 | Tsvetana Paraskova

The race for using high-performance computing in oil and gas reservoir simulation, management and development is on. Oil and gas supermajors are continuously pushing for higher efficiency and lower costs,…

India’s Oil Demand Is Set To Break More Records

Feb 21, 2017 at 14:00 | Jon LeSage

India continues to look for alternatives to oil imports as its auto sector, economy, and population continue to boom. India’s oil consumption growth reached a record-level 11 percent last…

Oil Moves Higher On Expectations Of Tighter Market

Feb 21, 2017 at 13:46 | Evan Kelly

Oil prices gained on Monday and Tuesday as both traders and analysts see crude markets tightening as a result of OPEC output cuts.

‘’U.S. Oil Production To Soar By 3.5 Million Bpd Over The Next Five Years’’

Feb 21, 2017 at 11:49 | ZeroHedge

Two years ago, when Saudi Arabia launched an unprecedented campaign to crush high-cost oil producers, in the process effectively putting an end to the OPEC cartel (at least until last…

Oil Leaps Higher As OPEC Pushes For 100% Compliance

Feb 21, 2017 at 10:12 | Tsvetana Paraskova

All OPEC producers that are part of the supply-cut deal are firmly determined to achieve a higher compliance rate than the 90-plus-percent compliance reported for January, OPEC’s Secretary General Mohammad…

This Oil Major Just Announced A Groundbreaking Asset Sale

Feb 21, 2017 at 09:31 | Dave Forest

Back from a great trip through Asia. Where one oil and gas contact told me how profits are surging — with Spanish major Repsol recently concluding that natural gas projects…

Biggest Gasoline Glut In 27 Years Could Crash Oil Markets

Feb 20, 2017 at 16:02 | Nick Cunningham

Oil prices are stuck in a holding pattern, waiting for more definitive data on what comes next. OPEC compliance is helping keep prices afloat, but rising U.S. oil production is…

Can Canada’s ‘Gas City' Replicate Qatar’s Success?

Feb 20, 2017 at 15:39 | Tsvetana Paraskova

In 1883, a railroad crew was drilling for water near Medicine Hat, Alberta, to supply their steam engines. Instead of water, they discovered shallow pools of natural gas. More than…

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