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Oil Will Go ‘’Bust’’ If Recession Hits

Oil Will Go ‘’Bust’’ If Recession Hits

Oil prices fell on Thursday…

Libya’s Oil Revenue Takes A Beating

Libya’s Oil Revenue Takes A Beating

Libya’s oil revenue fell significantly…

What’s Holding Back The EV Revolution?

What’s Holding Back The EV Revolution?

While European and U.S. EV…

Energy

Oil Capped By Shaky Demand Outlook

Oil Capped By Shaky Demand Outlook

Jul 19, 2019 at 13:52 | Tom Kool

Oil held up in Friday afternoon trading, showing some resistance to the continued selling of the last coupe of days.Friday 19th July 2019 Oil prices fell…

U.S. Oil Rig Count Falls Amid Production Dip

U.S. Oil Rig Count Falls Amid Production Dip

Jul 19, 2019 at 12:16 | Julianne Geiger

The US oil and gas rig count fell by 4 this week, according to Baker Hughes, after a string of losses that have stripped away 36 rigs since the beginning…

Long Speculator Exodus Sinks Crude Oil

Long Speculator Exodus Sinks Crude Oil

Jul 19, 2019 at 11:31 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures are inching higher on Friday, but a steep sell-off earlier in the week has solidified a weekly lower close. In case you haven’t…

Cracks In Gasoline Demand Weigh On Oil Markets

Cracks In Gasoline Demand Weigh On Oil Markets

Jul 19, 2019 at 11:29 | Editorial Dept

Friday July 19, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Clean Energy Acquisitions Pick Up

Clean Energy Acquisitions Pick Up

Jul 19, 2019 at 11:28 | Editorial Dept

Deals, Mergers & Acquisitions • US shale player Carrizo Oil & Gas is selling over to Callon Petroleum for a total of $3.2 billion, which includes $1.2 billion in stock…

It’s Sink Or Swim For U.S. Shale

It’s Sink Or Swim For U.S. Shale

Jul 19, 2019 at 11:14 | Editorial Dept

There are cracks beginning to appear in U.S. shale’s relentless growth story, and the indicators are all around us. We will run through some of the most glaring examples in…

Oil Market Caps Gains And Losses

Oil Market Caps Gains And Losses

Jul 19, 2019 at 11:13 | Editorial Dept

The fear factor over possible supply disruptions stemming from escalating tensions in the Middle East put upward pressure on prices this week as word surfaced that Iran had seized an…

Another Massive Gas Explosion Rocks China, Casualties Unknown

Another Massive Gas Explosion Rocks China, Casualties Unknown

Jul 19, 2019 at 10:03 | Julianne Geiger

A massive explosion has been reported at China’s Yima gas plant in Henan province, damaging buildings in a 3-kilometer radius.  The casualties are still unknown as of the time of…

IEA: Don’t Expect Oil Prices To Go Much Higher

IEA: Don’t Expect Oil Prices To Go Much Higher

Jul 19, 2019 at 09:01 | Tsvetana Paraskova

Slowing oil demand growth and a persistent global glut will cap oil prices and keep them from rising too much, barring serious escalations in geopolitical tensions, Fatih Birol, the…

Oil Will Go ‘’Bust’’ If Recession Hits

Oil Will Go ‘’Bust’’ If Recession Hits

Jul 18, 2019 at 17:00 | Nick Cunningham

Oil prices plunged again on Thursday, dragged down by fears of slowing demand. An unexpected increase in inventories underscored the downside risk to oil prices. The EIA reported a…

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