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Article Archive | Page 826

Libyan Oil Industry Stable Despite ISIS Return

May 22, 2019 at 13:09

Libya’s estimate for its April oil revenues came in as one of its best in a long time, suggesting that the stalemate between the GNA and LNA is yet to…

The Trade War Is Transforming Oil Markets

May 22, 2019 at 13:05

The increase of US tariffs on goods imported from China in May and the Chinese response – higher tariffs on a further $60 billion of US exports to China –…

The Top Contender For Oil And Gas Country Of The Year

May 22, 2019 at 13:03

It is not uncommon to see renowned magazines and journals name “people of the year” for outstanding achievements in various spheres of social, political and scientific life. Time has named…

Global Oil Markets Bullish Despite Bearish Inventory Data

May 22, 2019 at 12:59

As the US-China trade war seems to be spiraling out of control, not even the renewed conflict potential in the Middle East and ever-tight physical crude supply were enough to…

Chinese Oil Buyers Shun U.S. Crude

May 22, 2019 at 12:23

Chinese oil traders and refiners no longer want to sign long-term supply agreements with U.S. producers, said the chief executive of Enterprise Products Partners as quoted by Reuters, amid…

Japan Moves To Take Over The World’s Largest LNG Market

May 22, 2019 at 11:58

Japan, the world’s largest liquefied natural gas (LNG) exporter, has come a long way in just a few years in formulating an LNG markets playbook. The country has pivoted from…

Natural Gas Prices In The Permian Flip Negative Again

May 22, 2019 at 11:18

Natural gas prices at the Waha hub in West Texas are negative again this week, for the first time since plunging to an all-time low of minus $4.28 per million…

Bearish EIA Data Sends Oil Lower

May 22, 2019 at 09:47

As confusion among oil traders persists regarding where oil prices are going to go from here, the Energy Information Administration scored one for the bears by reporting a crude…

The Fear Driven Oil Price Rally Won’t Last

May 21, 2019 at 17:29

Over the past week, oil prices have trended higher as concerns about escalating U.S.-Iran and Iran-Saudi standoffs have overshadowed bearish-side concerns about the U.S.-China trade war and slowing global economic…

Permian Pipeline Protesters May Face Decade Behind Bars

May 21, 2019 at 16:54

If you protest an oil or gas pipeline in Texas, you could face up to 10 years in prison. The bill on the verge of becoming law in Texas would…

Tesla Faces ‘’Herculean Task’’ As Share Price Tanks

May 21, 2019 at 16:29

A spike in doubts about Tesla’s ability to deliver on its financial performance targets has caused a more than 20-percent drop in its stock, with nine of the ten days…

U.S. Nuclear Is Struggling, And These Companies Are Profiting From It

May 21, 2019 at 16:03

The nuclear industry in the United States is on the decline. Although nuclear has garnered a hefty number of headlines and support from pundits on both sides of…

Hydrogen Fuel Tech Just Got A Major Boost

May 21, 2019 at 12:25

Hydrogen as a fuel has been drawing a lot of attention ever since the world decided to start weaning itself off fossil fuels. However, after years of research, hydrogen fuelled…

Oil Markets In Limbo After OPEC+ Meeting

May 21, 2019 at 12:15

Oil was flat at the start of trading on Tuesday, still caught between U.S.-Iran tensions on the one hand, and the downside risk of the U.S.-China trade war.

U.S. Shale Oil Production Set To Grow 16% This Year

May 21, 2019 at 11:17

US shale operators are on course to increase oil production significantly in 2019. The growth in US onshore production from the first quarter through the fourth quarter…

The Threat In Iraq Is Being Overblown

May 21, 2019 at 10:16

ExxonMobil evacuated some staff from southern Iraq over fears of rising tensions between the U.S. and Iran, although there is still little evidence to suggest any oil operations will be…

Oil Stabilizes Ahead Of Weekly Inventory Data

May 21, 2019 at 09:27

Oil prices seesawed early on Tuesday, supported by indications that OPEC may opt for prolonging the production cut deal beyond June, while tensions between the U.S. and Iran continued to…

OPEC+ Top Priority: Don’t Crash Oil Prices

May 20, 2019 at 17:12

OPEC+ is considering increasing production in the second half of 2019, as the oil market tightens following a series of major outages. OPEC+ met…

War With Iran Could Send Oil To $250

May 20, 2019 at 16:40

There has been much talk of an Iran War in recent weeks, but the likelihood of a war, whether intentional or accidental, is relatively small for the simple reason that…

Oil Rises But Some Drillers Are Filing For A Second Bankruptcy

May 20, 2019 at 16:11

Not everyone in the shale patch is profiting from the higher oil prices this year, the continuously rising oil production in the Permian, and the record U.S. crude output. While…

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