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Nick Cunningham

Contributor since: 04 Nov 2013

Nick Cunningham

Biography

Nick Cunningham is a Vermont-based writer on energy and environmental issues. You can follow him on twitter.

Latest articles from Nick

  • Saudi Arabia Growing Nervous Over OPEC Compliance

    Published 26 July 2017 | viewed 6,617 times

    OPEC officials are hoping to limit the production of both Libya and Nigeria, as fears grow that the two exempted members are undermining cuts from…

  • Shortage Of Fracking Crews Slows The Shale Boom

    Published 25 July 2017 | viewed 20,000 times

    The resurgence in shale drilling and production could be bumping up against some limits, with output expected to fall far short of market expectations for…

  • U.S. Sanctions On Russia Could Be "Wide And Indiscriminate"

    Published 24 July 2017 | viewed 6,329 times

    The U.S. Congress is set to approve legislation that will tighten sanctions on Russia, but more importantly, it will gut the President’s authority to unilaterally…

  • Aggressive U.S. Oil Sanctions Could Bankrupt Venezuela

    Published 23 July 2017 | viewed 28,824 times

    The U.S. government has warned that it would take “swift economic actions” if the Venezuelan government proceeds with a July 30 move to rewrite the…

  • Why Oil Prices Aren’t Going Anywhere

    Published 20 July 2017 | viewed 19,540 times

    The most recent report on the U.S. oil market offers a mix of data, providing ammunition for both oil bulls and bears alike. One can…

  • The Qatar Blockade Is Threatening The OPEC Deal

    Published 19 July 2017 | viewed 7,073 times

    The blockade of Qatar could persist for quite a long time, according to the foreign minister of the UAE, who insisted that the Gulf States…

  • One Way Or Another – Venezuela Will Send Oil Prices Up

    Published 18 July 2017 | viewed 29,188 times

    In a desperate bid to survive its economic meltdown, Venezuela is lobbying other OPEC members to agree to steeper oil production cuts, a move that…

  • Ecuador Abandons The OPEC Deal: Who’s Next?

    Published 18 July 2017 | viewed 7,170 times

    Ecuador announced its withdrawal from the OPEC agreement this week, a move that could shake the foundation of a deal that was already starting to…

  • 4 Reasons Oil Will Rally Back To $50

    Published 17 July 2017 | viewed 23,484 times

    “I think there is a high probability that we could see [WTI] rallying back to $50,” Bob Parker, member of the investment committee at Quilvest…

  • World Class Oil Discovery Puts Mexico Back In The Race

    Published 16 July 2017 | viewed 17,865 times

    The UK-based Premier Oil, along with its partners Talos Energy and the Mexico City-based Sierra Oil & Gas, announced a potentially huge new oil discovery…

  • Ignore The Hype: Oil Is Rangebound

    Published 14 July 2017 | viewed 4,421 times

    Investors can be forgiven if they are more puzzled than ever regarding the trajectory of oil prices. The gyrations over the past month have induced…

  • ‘’Oil Market Rebalancing Hasn’t Even Started Yet’’

    Published 13 July 2017 | viewed 26,279 times

    Global oil production surged in June “as producers opened the taps,” according to a new report from the International Energy Agency (IEA). OPEC was a…

  • Is Wall Street Funding A Shale Failure?

    Published 12 July 2017 | viewed 22,292 times

    The latest figures from the EIA show that despite some hiccups, the shale rebound is still on track. Last week, the sharp drawdown in inventories…

  • Goldman: Oil Prices To Fall Below $40 If Shale Doesn’t Slow

    Published 11 July 2017 | viewed 22,665 times

    Oil prices could soon fall below $40 per barrel if there isn’t a sustained drawdown in U.S. crude inventories and rig counts or without bold…

  • Shale Investment Booms, But Global Oil Has A Big Problem

    Published 11 July 2017 | viewed 14,486 times

    The multi-year downturn in upstream oil and gas investment could come to an end this year, according to a new report from the International Energy…

  • The Major Wildcard That Could Send Oil To $120

    Published 10 July 2017 | viewed 103,974 times

    The latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest.…

  • Is This The “New Normal” For Oil Prices?

    Published 09 July 2017 | viewed 30,740 times

    The oil market is suffering from whip lash. After plunging close to $42 per barrel in late June, and officially entering a bear market, WTI…

  • Tesla Loses Stranglehold As EV Revolution Accelerates

    Published 06 July 2017 | viewed 22,119 times

    Volvo became the first major auto company to announce the phase out of the internal-combustion engine from its lineup. The Chinese-owned Swedish car company announced on…

  • Don’t Hold Your Breath For Deeper OPEC Cuts

    Published 05 July 2017 | viewed 11,625 times

    The rally in oil prices over the past two weeks came to a halt on Wednesday on news that OPEC is actually exporting more oil…

  • Big Oil Begs Congress Not To Sanction Russia

    Published 05 July 2017 | viewed 10,445 times

    ExxonMobil, Chevron and other oil majors are lobbying the U.S. Congress not to move forward with legislation that would slap new sanctions on Russia over the…

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