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Energy

Iran: We Won’t Agree To Any Production Cuts In The Future

Iran: We Won’t Agree To Any Production Cuts In The Future

Dec 06, 2019 at 13:25 | Tsvetana Paraskova

Before OPEC members sat down to wrangle about production quotas and compliance on Thursday, the oil minister of Iran—exempted from the ongoing cuts because of the U.S. sanctions crippling its…

The 2 ‘’Deals’’ That Could Send Oil Soaring

The 2 ‘’Deals’’ That Could Send Oil Soaring

Dec 06, 2019 at 12:35 | Editorial Dept

OPEC and its allies including Russia, agreed Friday to deepen output cuts in an effort to trim the global supply and stabilize prices. The move is designed to combat stagnant…

Lower Oil Prices Fail To Stop U.S. Shale Growth

Lower Oil Prices Fail To Stop U.S. Shale Growth

Dec 06, 2019 at 12:34 | Editorial Dept

1. U.S. shale grows even with lower prices- OPEC+’s task in Vienna was complicated by the fact that the projections for…

Iraq In Crisis As Oil Is Threatened

Iraq In Crisis As Oil Is Threatened

Dec 06, 2019 at 12:33 | Editorial Dept

Politics, Geopolitics & Conflict - Trump has said the US will move more troops into the Middle East as Iraq faces the most critical challenge to its regime since the…

The New OPEC+ Deal May Not Cause A Real Rally In Oil

The New OPEC+ Deal May Not Cause A Real Rally In Oil

Dec 06, 2019 at 12:29 | Editorial Dept

The early reaction in oil futures following this morning’s announcement by OPEC and its partners in the production cuts that they will cut by another 500 thousand barrels per day…

Bullish Sentiment Is Back In Oil Markets

Bullish Sentiment Is Back In Oil Markets

Dec 06, 2019 at 12:28 | Editorial Dept

Hedge funds are back in buying mood as of last week, with hopes of further OPEC+ production cuts adding optimism to markets. Analyst predictions that U.S. shale growth will start…

Oil Jumps On ‘’Saudi Surprise’’

Oil Jumps On ‘’Saudi Surprise’’

Dec 06, 2019 at 12:23 | Tom Kool

Oil prices rose on Friday morning, fueled by optimism about the new OPEC+ deal and the Saudi promise to, once again, overcomply with their production quota

Oil Rig Count Slides Amid OPEC Optimism

Oil Rig Count Slides Amid OPEC Optimism

Dec 06, 2019 at 12:19 | Julianne Geiger

The US oil and gas rig count continued to fall this week, according to Baker Hughes, falling by 3 rigs for the week, according to Baker Hughes, with no obvious…

Morgan Stanley: Tesla Stock Could Hit $500

Morgan Stanley: Tesla Stock Could Hit $500

Dec 06, 2019 at 10:21 | Irina Slav

Tesla’s share price could soar to $500 if the company sells a lot of Cybertrucks and its Chinese gigafactory performs better than expected, a Morgan Stanley analyst has said in…

The Toughest Part Of The OPEC Deal

The Toughest Part Of The OPEC Deal

Dec 06, 2019 at 09:32 | Irina Slav

An agreement to deepen oil production cuts by 500,000 bpd has put OPEC members at odds with each other as they try to hammer out the individual…

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