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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…

How Iraq Continues To Trick Washington

How Iraq Continues To Trick Washington

The U.S. government has multiple…

Energy

Can Killer Whales Strike A Blow Against Canada’s Oil Sands?

Dec 21, 2016 at 13:17 | Charles Kennedy

Is it possible that killer whales could cut into the long-term growth of Canada’s oil sands? Environmental groups are suing the Canadian government over its recent approval of Kinder Morgan’s…

Rising U.S. Oil Imports See Oil Prices Fall

Dec 21, 2016 at 12:38 | Matt Smith

Oil prices are little changed, as a build to crude inventories in today's weekly inventory report has been offset by solid draws to the products. As traders start to shift…

Why The Koch Brothers Just Warned Of A Gasoline Price Spike

Dec 21, 2016 at 11:10 | Charles Kennedy

The Koch brothers are taking on a proposed border tax that could crop up in the Republican plan for a monumental tax overhaul, arguing that such a tax would hurt…

Oil Prices Edge Lower On Crude Inventory Build

Dec 21, 2016 at 10:04 | Tom Kool

The EIA this morning reported a build of 2.3 million barrels in U.S. commercial crude oil inventories, a day after the American Petroleum Institute prolonged the oil rally by…

2017 Oil Market Recovery Is Sure To Be Slow

Dec 21, 2016 at 09:22 | Irina Slav

This year has been tumultuous for oil. From the US$27 a barrel trough we witnessed in February to the spike to US$55 after OPEC announced a labored deal to…

‘’EVs, Solar Could Push Oil Down To $10 By 2025’’

Dec 20, 2016 at 16:38 | Charles Kennedy

Oil prices could fall to as low as $10 per barrel within a decade as a “tsunami” of threats could undo demand. That prediction comes from Engie SA’s innovation chief,…

U.S. Shale Is Now Cash Flow Neutral

Dec 20, 2016 at 16:00 | Nick Cunningham

Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the U.S. shale industry became cash…

Why Oil Markets Don’t Have To Worry About Libya

Dec 20, 2016 at 14:42 | Ahmed Ben Mussa

In the wake of recent developments, Libya’s National Oil Corporation now has full control over all its oilfields and export terminals. After the recapture of the Eastern region export terminals…

Musk’s Space X: Down But Not Out

Dec 20, 2016 at 14:04 | Michael McDonald

On September 1, 2016, an anomaly during the fueling of a SpaceX rocket caused the vehicle to explode on the launch pad. While thankfully no one was killed, the…

Oil Holds Steady On Holiday Trading

Dec 20, 2016 at 13:58 | Evan Kelly

As the holiday season sets in, oil prices are holding steady with a relatively low level of trading. It appears that the OPEC effect is slowly fading, reducing the volatility that…

Caught Red-Handed? Iraq Is Talking Down Its Oil Exports

Dec 20, 2016 at 10:17 | Matt Smith

Even though crude prices may be subdued amid thin trading over the holiday period, there is always a thing (or five) going on in the oil markets. Henceforth, hark...here are…

A New World Order Is Emerging In Natural Gas

Dec 20, 2016 at 09:29 | Dave Forest

Brazil’s Petrobras and partners produced their billionth barrel of oil from presalt fields this month. Underlining one of the biggest shifts to happen this decade in global crude output.…

Who Won The 2016 Oil War?

Dec 19, 2016 at 16:30 | Tsvetana Paraskova

Heading into the New Year with oil prices above US$50, both OPEC and the U.S. shale industry are claiming victory in the latest oil war battle—and both expect to benefit…

The End Of The Downturn? BP Steps Up Spending As Oil Prices Rise

Dec 19, 2016 at 16:21 | Nick Cunningham

With the rebound in oil prices underway and the astronomic costs stemming from the 2010 Deepwater Horizon disaster in the rear view mirror, BP is once again looking to make…

Did Trump Just Make Peace With The Renewables Lobby?

Dec 19, 2016 at 15:52 | Irina Slav

President-elect Donald Trump has appointed Tesla’s CEO Elon Musk to his Strategic and Policy Forum. Musk was also invited to a special meeting with the President-elect, a Tech Summit,…

OPEC’s Announced Production Cuts Are A Big Deal

Dec 19, 2016 at 14:37 | Robert Rapier

By now you have undoubtedly heard that late last month at OPEC’s 171st Ordinary Meeting in Vienna, the group announced that it would reduce output by about 1.2 million barrels…

Traders Most Bullish On Oil Since 2014

Dec 19, 2016 at 12:55 | Charles Kennedy

Investors have become the most bullish on oil prices since the collapse began more than two years ago, betting that the OPEC deal will tighten the oil market, resulting in…

Rosneft To Ramp Up Global Expansion Under Trump

Dec 19, 2016 at 12:25 | Tom Kool

A breakthrough in international strategy and the election of ExxonMobil CEO Tillerson as U.S. Secretary of State could stand to benefit Rosneft and Russia significantly. Valentina Kretzschmar, a Wood Mackenzie…

Oil Seesaws As Markets Wait For OPEC Cuts To Materialize

Dec 19, 2016 at 11:41 | Matt Smith

As we shuffle into two weeks of lower trading volume over the holiday period, and as we await next month's production cuts to start showing up in our export data…

Google Spin Off Could Become Tesla’s Biggest Rival

Dec 19, 2016 at 09:05 | Irina Slav

Google has spun off its self-driving car project X into a separate company called Waymo. That’s not a contraction of “Way more”, although it certainly sounds like it. The…

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