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Oil Moves Down on Crude Inventory Build

Oil Moves Down on Crude Inventory Build

Crude oil prices moved lower…

Energy / Crude Oil

Bad News For The Bakken As Obama Administration Blocks Pipeline

Sep 12, 2016 at 16:56 | Nick Cunningham

The Obama administration shocked the oil industry last week, pulling the plug on a major oil pipeline from the Bakken that had become a flashpoint between a…

Game May Not Be Over For Barnett Shale

Sep 12, 2016 at 16:49 | Irina Slav

France’s Total has beaten a private equity firm to Chesapeake Energy’s Barnett shale assets. The energy major last week said it had exercised its pre-emptive right to…

Is This Oil Rich Iraqi Province About To Split Off?

Sep 12, 2016 at 10:18 | Tsvetana Paraskova

Baghdad has been discriminating against the province of Kirkuk in northern Iraq and has not been paying its dues for oil revenues since 2014, so there is no…

Norway Forced To Cancel Arctic Drilling Plans

Sep 09, 2016 at 16:09 | Nick Cunningham

Norway has pushed the oil and gas boundaries further north in recent years, opening up the Arctic for drilling. But low oil prices and environmental opposition are forcing…

China’s Teapot Refinery Tax Threatens Global Oil Demand

Sep 09, 2016 at 15:49 | ZeroHedge

One week ago we reported that one of the biggest mysteries for the global oil market, and certainly the biggest wildcard for future oil prices, is the…

These E&P’s Might Have Rallied To Fast Too Soon

Sep 09, 2016 at 15:42 | Dan Dicker

In investing, there’s a patience factor that can’t be overstressed. We showed that kind of patience in the Spring of this year, as we loaded up on solid…

Deepwater Looks At Long And Difficult Recovery

Sep 09, 2016 at 15:40 | Michael McDonald

As investors look to position themselves to take advantage of the new normal with oil prices, there is a lot of consternation about which sectors have the best…

SCOOP And STACK Under Fire, Are We About To See Tighter Regulation?

Sep 09, 2016 at 10:19 | Dave Forest

Small but potentially critical item for the U.S. shale patch this week. With one state at the core of unconventional oil and gas production moving to shut down…

Oil Markets Brace As U.S. Looks To Sell 100 Million Barrels From SPR

Sep 08, 2016 at 16:47 | Nick Cunningham

Aging infrastructure could render the U.S. strategic petroleum reserve (SPR) increasingly ineffective, according to a new…

Why Big Oil Is Shying Away From Mexico’s Latest Oil Auction

Sep 08, 2016 at 16:35 | Tsvetana Paraskova

When Mexico opened up its energy sector for private investors in August 2014, oil prices were hovering above the US$100 mark, and the big price crash had…

The Next Sector To Recover From The Oil Price Crash

Sep 07, 2016 at 15:31 | Zainab Calcuttawala

Oilfield services, shipbuilders and other industries that rose with the pre-2014 oil price boom have had it hard. Since barrel rates fell, their previous patrons have become uninterested…

OPEC’s Upcoming Meeting: All Talk Or Game Changing?

Sep 06, 2016 at 16:17 | Precise Consultants

Eyebrows all over the world were raised when he said, “There is no price war” – after all, anyone with even a passing interest in the oil and…

Major Oil Indicator Reaches Lowest Level Ever Recorded

Sep 06, 2016 at 09:55 | Dave Forest

The oil market is still in a state of uncertainty — with a lot of major indicators (including crude prices) in rapid flux. And news this week shows…

Limited Spare Capacity Could Lead To An Oil Price Spike

Sep 05, 2016 at 15:47 | Nick Cunningham

Oil prices have continued to languish below $50 per barrel as a glut of crude oil and gasoline persist even as global demand continues to rise. The IEA…

China Releases Secret Data On Crude Oil Inventories

Sep 05, 2016 at 15:29 | Irina Slav

China is bothering energy analysts and investors. It’s bothering them because it has been on a buying spree for crude in the last two years but nobody knows…

Where Will Gulf Of Mexico Oil Production Go From Here?

Sep 05, 2016 at 13:02 | Ron Patterson

In this post, I will address 3 topics relating to the Northern Deepwater Gulf of Mexico – 1. Historical oil production2. One view of the future of…

Is Putin’s Support For An OPEC Freeze A Game Changer?

Sep 02, 2016 at 17:26 | Nick Cunningham

In August, when OPEC floated the idea of meeting once again to discuss the possibility of a production freeze, oil prices skyrocketed, ending the bear market that had…

Oil Majors Are Eyeing Up Mexico’s Next Oil Auction

Sep 02, 2016 at 16:58 | Oxford Business Group

Amid growing interest from international oil companies, Mexico is launching the second round of auctions for offshore oil blocks early next year. The auctions are set to attract…

Venezuela’s Oil Output Set To Collapse As 1 Million Take To The Streets

Sep 02, 2016 at 10:59 | Nick Cunningham

Hundreds of thousands of protesters took to the streets in Caracas on September 1, demanding the removal of Venezuelan President Nicolas Maduro. Estimates peg the number of protesters…

Private Equity Senses Market Bottom, Pouring Money Into Texas Shale

Sep 01, 2016 at 16:15 | Michael McDonald

In a sign of just how competitive the rebounding energy market could become, private equity firms are jumping into the rebounding Texas market. As retail investors weigh the…

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