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Energy / Crude Oil

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…

Saudi Arabia Just Boosted The Odds Of An OPEC Deal

Sep 01, 2016 at 14:37 | Charles Kennedy

Expectations for the success of the upcoming OPEC meeting in Algeria continue to seesaw, with comments from top officials from member countries continuing to alter oil market sentiment.…

OPEC Pumps Record Crude In August

Sep 01, 2016 at 12:12 | Tsvetana Paraskova

OPEC’s crude production increased by 40,000 bpd in August over July to a record-high in recent times, with Saudi Arabia likely setting a fresh output record, according to…

The Biggest Wildcard For Oil Prices Right Now

Sep 01, 2016 at 10:39 | ZeroHedge

At the end of July, we wrote an article titled "Oil Bulls Beware: Crude Demand Is About To Slide As China's SPR Is "Close To Capacity" which…

Slashing Dividends: The Only Option Left For Big Oil?

Aug 31, 2016 at 16:03 | Nick Cunningham

The oil majors will have an extraordinarily difficult time trying to maintain their hefty dividends in today’s oil market environment, and unless oil prices rebound substantially, companies may…

Oil Wars: Can Russia Hold Off Middle Eastern Oil In Eastern Europe

Aug 31, 2016 at 14:49 | Gefira

Russia still has supremacy over Central and Eastern Europe, especially over its crude oil market. However, Middle-East countries like Saudi Arabia, Iraq and Iran, have recently entered this…

What Iraqi’s Support For An OPEC Freeze Means For Oil

Aug 31, 2016 at 11:52 | Charles Kennedy

Iraq surprised the oil market this week by insisting that it would support an output freeze at the upcoming OPEC meeting in Algeria. The comments upend expectations about…

Oil Price Spike Inevitable As New Discoveries Hit Seventy-Year Low

Aug 30, 2016 at 15:28 | Nick Cunningham

The oil industry only discovered about 2.7 billion barrels of new supply in 2015, a tiny fraction of the annual average for the past fifty years. The dismal result was…

Has The Gulf Of Mexico Fallen Out Of Favor With The Oil Majors?

Aug 26, 2016 at 18:02 | Tsvetana Paraskova

A glitch interrupted the first-ever U.S. livestream of an oil lease sale on Wednesday, and although it didn’t affect the bidding, this epic fail provided just the right…

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