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Article Archive | Page 5

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Will Oil Markets Rebalance Before The OPEC Deal Expires?

Aug 11, 2017 at 16:08

The oil market is still on track to rebalance, although the pace is “stubborn” and will still take some time, the IEA said in a new report. Market sentiment…

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Is OPEC Counting Too Much On Venezuela Sanctions?

Aug 11, 2017 at 16:08

The Organization of Petroleum Exporting Countries (OPEC) released its monthly oil market report on Thursday, and the news was enough to send WTI below $50 after…

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Brazil’s Pre-Salt Extraction Costs Fall To $8 Per Barrel

Aug 11, 2017 at 16:04

Not too long ago Brazilian state oil company Petrobras was the most indebted oil & gas company in the world. The long-suffering company has faced dire mismanagement while being…

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Is LNG Moving From A Buyers’ To A Sellers’ Market?

Aug 11, 2017 at 16:03

When Petronas announced the cancellation of its biggest investment abroad, its US$28-billion Pacific NorthWest LNG project, the news sounded an alarm for the LNG industry, which is already plagued…

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Little-Known Driller Dives Into Perilous Venezuelan Oil Market

Aug 11, 2017 at 16:03

Two weeks before he held a vote to set up an assembly to re-write the constitution—further undermining democracy—Venezuelan President Nicolas Maduro hosted the signing of a contract with a small…

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Could Bitcoin Provide A Hedge Against Venezuela’s Failing Oil Industry?

Aug 11, 2017 at 16:00

Protests continue to rage in Venezuela as inflation soars to unprecedented levels and the price of oil remains low. The country’s national currency is now worth less than fictional…

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Automotive Giants Are Betting Big On Ride Sharing Tech

Aug 11, 2017 at 16:00

A new study is showing consumers are starting to prefer shared mobility services over owning a car and stopping off at a gas station. The study by University of…

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How To Play The Energy Market As Global Tensions Rise

Aug 11, 2017 at 15:57

Much of my earlier career in intelligence was based on a simple assumption. It was the kind of approach the “craft” shares with a number of other pursuits. One expects…

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U.S. Energy Expenditure Level Lowest In Over A Decade

Aug 11, 2017 at 15:56

The EIA reported today that the U.S.’s expenditures for delivered energy totaled $1.127 trillion, or 6.2 percent of the nation’s GDP, in 2015—the lowest since 2004. The decrease was approximately…

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U.S. Electricity Sales Projections Continue to Fall

Aug 11, 2017 at 15:56

Electricity producers and distributors are in an unusual business. The product they provide is available to all customers instantaneously, literally at the flip of a switch. But the large amount…

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