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Energy / Crude Oil

Oil Major: 70% Of Crude Can Be Left In The Ground

Oil Major: 70% Of Crude Can Be Left In The Ground

Nov 24, 2017 at 11:46 | Nick Cunningham

Canada’s oil sands are too dirty to be produced, and should probably stay in the ground. That has long been the sentiment of environmental groups, but it is also gaining…

U.S. Boosts Oil Exports To Key Asian Markets

U.S. Boosts Oil Exports To Key Asian Markets

Nov 24, 2017 at 11:00 | Irina Slav

U.S. crude oil exports to Asia last week hit the highest in two months, and the second-highest on record, at 877,000 bpd, according to data from Kpler. There has been…

OPEC Will Extend The Cut

OPEC Will Extend The Cut

Nov 23, 2017 at 12:02 | Zainab Calcuttawala

There will be an OPEC deal extension—no matter the public tussling between opposing forces in the industry cartel—if the world’s largest oil producers are really determined to end the supply…

Is Trouble Brewing In The Permian?

Is Trouble Brewing In The Permian?

Nov 23, 2017 at 11:44 | Irina Slav

The Permian shale play has been attracting so much attention lately it’s started to get a little bit boring. But not for oil investors. The rush to the Permian has…

Is Texas Poised For A Sharp Rise In Output?

Is Texas Poised For A Sharp Rise In Output?

Nov 23, 2017 at 11:44 | Ron Patterson

Dean Fantazzini has provided his latest estimates of Texas oil and natural gas output. His analysis is based on RRC data only. Each RRC data set from Jan 2014 to…

The Energy Goliaths Driving Global Demand

The Energy Goliaths Driving Global Demand

Nov 22, 2017 at 14:31 | Gregory Brew

When measuring future global energy growth, two countries rise above the rest in size and importance: China and India. The two countries, world leaders in population size, will be crucial…

U.S. Oil Rig Count Rises Amid Record Breaking Production

U.S. Oil Rig Count Rises Amid Record Breaking Production

Nov 22, 2017 at 13:00 | Julianne Geiger

The number of oil and gas rigs in the United States rose again this week. The boost in the number of active oil rigs this week brings the total gained…

Oil Prices Unmoved By Bullish EIA Report

Oil Prices Unmoved By Bullish EIA Report

Nov 22, 2017 at 09:45 | Irina Slav

A day after the American Petroleum Institute helped prop WTI up by reporting a 6.356-million-barrel inventory draw, the Energy Information Administration chimed in, reporting a much smaller decline…

Keystone XL Is Far From Certain

Keystone XL Is Far From Certain

Nov 20, 2017 at 15:29 | Nick Cunningham

The state of Nebraska just cleared one of the last hurdles for the Keystone XL pipeline, potentially ending a decade-long saga over the 1,700-mile pipeline. The Nebraska Public Service Commission,…

Can OPEC Control The Oil Bulls In Vienna?

Can OPEC Control The Oil Bulls In Vienna?

Nov 20, 2017 at 15:26 | Tsvetana Paraskova

Until a month ago, oil analysts and investors thought a nine-month extension of the OPEC production cut agreement was a foregone conclusion.     But as the November 30 meeting draws…

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