OPEC expects strong oil in…
A report by Global Energy…
Crude oil prices moved lower…
In 2015, Canberra signed the Paris COP21 Agreement pledging to reduce its carbon emissions. The government concurrently set its own voluntary target aiming to secure 23 percent of its energy…
It’s difficult to ascertain what non-OPEC, and even some OPEC members, will do about future supply cuts. According to energy trader, Martin Tillier, “90 percent compliance is a good sign…
The crude markets stayed relatively flat for the last week, as the real battle continued to be waged between the major movers of oil prices. The fundamentals of supply and…
The LNG market was one of the hottest sectors in the energy space a decade ago. The surplus of U.S. gas and its high price overseas led many to talk…
Friday February 17, 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…
Politics, Geopolitics & Conflict • European Commission President Jean-Claude Juncker will step down in two years instead of running for a second term in office, arguing that the EU needs…
U.S. April Natural gas futures touched a three-month low this week, after the release of a disappointing U.S. government report showed supplies in storage fell less than expected the previous…
- Oil wrestled with positive fundamental expectations and bearish present circumstances this week to remain glued to the $53 mark. In the present, stress of record high crude oil and…
Despite hints from OPEC that the cartel would be extending its production cut deal, oil prices fell slightly this week. Oil continues to trade within a range with volatility falling…
The number of active oil and gas rigs in the United States increased again on Friday by 10. Both benchmarks were trading down earlier on Friday under heavy pressure from…
Oil is ticking lower today, under the weight of record crude and gasoline inventories, but with OPEC production cuts providing a supportive backdrop (...and peeking around the curtain). As Friday…
Natural gas has fallen to a new three-month low thanks to lower-than-expected draws on storage, prompting the Wall Street Journal to report that the coming months may see bearish…
Another week brings yet more signs that the highly-anticipated oil market “balance” will not occur in the immediate future. Heading into 2017, there was a broad consensus that global oil…
President Donald Trump has been vocal in referring to China as an unfair rival to the U.S. on global markets. The media has been only too happy to report on…
“The old expression, ‘to the victor belong the spoils’—you remember. I always used to say, keep the oil. I wasn’t a fan of Iraq. I didn’t want to go into…
The two great dueling forces in the world oil market, OPEC and American production, have created an atmosphere of uncertainty, as prices hover above $50. Last week the EIA reported…
Since 2011, political instability and regional insecurity have plagued Egypt’s economy, and the energy sector has not been spared. Until recently a net gas exporter, Egypt turned into a net…
North Dakota has released December production data for the Bakken and for all North Dakota. They were a little shocking.
Call it one of the stranger battery storage systems out there. California municipalities are reportedly placing orders for as much as 1 MW of ice storage batteries from firm Ice…
OPEC is finding itself backed into a corner: the group, it appears, is prepared to extend the oil production cut agreement that is set to expire at the end of…