WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

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

  • Record Breaking U.S. Exports Could Hurt Oil Markets

    Published 11 June 2017 | viewed 15,373 times

    U.S. exports have spiked in recent weeks, upending longstanding trade flows. But while that may be good news for some U.S. drillers, the unusually high…

  • Is $50 Oil Still Realistic?

    Published 08 June 2017 | viewed 42,383 times

    Oil prices have plunged back to levels not seen since OPEC announced its original production cut deal last November. Prices have been falling since the…

  • Worst Hurricane Season In A Decade Threatens Gulf Coast Production

    Published 04 June 2017 | viewed 32,324 times

    2017 could be an “above-normal” year for large hurricanes, according to the National Oceanic and Atmospheric Administration (NOAA), a potential problem for Gulf Coast oil…

  • Will Trump Push Back Against Putin’s Pipeline Play?

    Published 01 June 2017 | viewed 10,735 times

    Russia’s natural gas strategy in Europe is getting increased scrutiny from some U.S. lawmakers who worry about European energy dependence on their eastern neighbor. However,…

  • Has Permian Productivity Peaked?

    Published 31 May 2017 | viewed 27,699 times

    The U.S. shale industry might have just received a huge windfall with the nine-month extension of the OPEC cuts. Shale output was already expected to…

  • Exxon Suffers Stinging Defeat On Shareholder Climate Resolution

    Published 31 May 2017 | viewed 7,358 times

    ExxonMobil tried to beat back a move from shareholders to press the company to disclose its vulnerabilities to climate change and climate regulation, but it…

  • 4 Wildly Different Oil Price Scenarios For 2020

    Published 30 May 2017 | viewed 36,937 times

    After the nine-month extension of the OPEC deal, there is a growing consensus that oil might bounce around in the $50s and $60s for the…

  • Is This Saudi Arabia’s Newest Strategy To Boost Oil Prices?

    Published 29 May 2017 | viewed 61,902 times

    OPEC’s new strategy to balance the oil market is to cut oil exports to the U.S., a move intended to drain near-record-high crude oil inventories.…

  • Not OPEC, China Dictates The Oil Prices

    Published 28 May 2017 | viewed 41,493 times

    The OPEC deal will lead to an ongoing tightening of the crude oil market, putting a floor beneath crude prices in the $50s per barrel…

  • Why OPEC Couldn’t Move Oil Prices Higher

    Published 25 May 2017 | viewed 31,557 times

    The latest OPEC meeting was uncharacteristically tranquil, with little of the eleventh hour infighting and arm-twisting that has been so prevalent in previous meetings. The…

  • Goldman: Oil Glut To Return When OPEC Deal Expires

    Published 24 May 2017 | viewed 31,933 times

    OPEC is about to extend its production cuts for another nine months in an effort to bring the oil market back into balance. Keeping in…

  • Does The U.S. Still Need A Strategic Petroleum Reserve?

    Published 24 May 2017 | viewed 8,735 times

    President Donald Trump released his official budget proposal this week, a plan that includes the sale of a significant chunk of the U.S. Strategic Petroleum…

  • Iraq Could Make Or Break The OPEC Deal

    Published 23 May 2017 | viewed 18,312 times

    The markets are betting that the OPEC extension is all but guaranteed after Saudi Arabia and Russia announced their intention to support a nine-month extension.…

  • The 5 Possible Outcomes Of The OPEC Meeting

    Published 22 May 2017 | viewed 29,089 times

    The highly-anticipated OPEC meeting will take place this week, but unlike the last few meetings, the hype and excitement is much less palpable. That is…

  • Shareholders Assess Climate Risks To Oil Majors

    Published 20 May 2017 | viewed 8,207 times

    On May 12, shareholders of Occidental Petroleum - the $46 billion company oil and gas company - passed a resolution calling on the company to…

  • ‘’Too Big To Hedge’’ Goldman Explains The Rationale Behind The OPEC Deal

    Published 18 May 2017 | viewed 21,700 times

    The key for OPEC in balancing the oil market is to flip the futures curve. Goldman Sachs warned that until the oil futures market moves decidedly…

  • Venezuela’s Oil Production On The Brink Of Collapse

    Published 17 May 2017 | viewed 47,460 times

    Desperation is spreading in Venezuela as violent protests continue to paralyze the country, further damaging the country’s shattered economy. Venezuela’s already-decrepit oil industry is deteriorating…

  • Iran’s Elections Could Disrupt Oil Markets

    Published 17 May 2017 | viewed 14,654 times

    Iran is gearing up for the May 19 presidential election, a critical vote that could reverberate around the world, affecting not just Iran, but also…

  • Has Global Oil Demand Really Surpassed Supply?

    Published 16 May 2017 | viewed 25,079 times

    Oil inventories are falling around the world, a sign that the global oil market has already moved from supply glut into a deficit, according to…

  • Will A 9-Month Production Cut Extension Be Enough?

    Published 15 May 2017 | viewed 14,212 times

    Oil prices surged on Monday after Russia and Saudi Arabia said they support an extension of the OPEC/non-OPEC production cuts. Oil prices have clawed back…

Oilprice - The No. 1 Source for Oil & Energy News