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Article Archive | Page 1168

Saudi Use Of Solar Could Boost Its Oil Exports

Dec 22, 2016 at 12:24

Saudi Arabia will turn to solar for electricity, which could allow it to export a lot more oil. The connection between solar and oil is not an obvious one since…

Oil Consumption Is Immune To A Transport Transformation

Dec 22, 2016 at 12:03

96 percent of new vehicle sales in 2016 featured combustion engines The implementation of electric vehicles and ride-sharing may have long-term effects on oil demand, but the speed at which…

Saudis Up Oil Price Outlook, See Budget Deficit Shrink

Dec 22, 2016 at 11:45

After suffering two record budgets shortfalls in 2015 and 2016 as a result of plunging oil prices, which nearly brought both Saudi Arabia's economy and banking sector to a standstill,…

U.S. Natural Gas Needs Mexico

Dec 22, 2016 at 10:49

The United States became a net exporter of natural gas in November 2016, a development driven by falling imports (due to high domestic natural gas production) and rapidly increasing natural…

Oil, Chaos And Geopolitics In The New Year

Dec 22, 2016 at 10:16

This year, oil prices have sunk and risen at the whim of speculation regarding an agreement to reduce production by OPEC, which controls roughly 40 percent of the world’s oil…

Oil Rises On Weaker Dollar, Stronger U.S. Economic Growth

Dec 22, 2016 at 09:58

Amid a better-than-expected U.S. GDP print and a slightly softer dollar, oil prices are on the rise today. Gasoline, however, is on the move lower - and something we hone…

Asian LNG Sees Its Biggest Monthly Rise In 4 Years

Dec 22, 2016 at 09:08

On Tuesday, I wrote about BP betting big on a new LNG export hub in West Africa. And news yesterday shows there’s a lot more action going on in…

10 Energy Surprises In 2017

Dec 21, 2016 at 15:28

There’s less than two weeks left before the 2016 calendar gets tossed. So for the pundit community it’s time to publish the obligatory list of, “What to Watch For in…

The Shale Oil Threat Will Not Go Away

Dec 21, 2016 at 14:29

The Shale oil industry has revolutionized the oil markets, rendering the once powerful OPEC oil cartel powerless in dictating the price and production of oil. The shale oil producers have…

Will The Climate Crisis Spread Financial Chaos In Oil and Gas?

Dec 21, 2016 at 14:17

Will climate change spark a financial crisis? It may not seem like an obvious connection but that was exactly the warning from the deputy head of the Bank of England…

The Bearish Case For Oil In 2017

Dec 21, 2016 at 13:26

Tis’ the season to not be a curmudgeon, but let’s not throw common investment sense away, because OPEC made a deal. This cutback on production has been a long time…

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

Dec 21, 2016 at 13:17

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

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

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

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

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

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

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

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

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…

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