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Energy / Crude Oil

Saudi Aramco IPO More About Geopolitics Than Finance

Jan 13, 2016 at 17:10 | Dalan McEndree

In the first week of 2016, Saudi deputy crown prince Mohammed bin Salman, in an interview with the Economist, revealed that the Saudi government is considering…

How Texas Oil Turned America Into A Superpower

Jan 13, 2016 at 15:53 | Julianne Geiger

If Texans weren't already certain of their comparative significance among the U.S. states, they will soon gain more bragging rights with a new TV series that…

EIA Forecasts Miss the Mark, But Do Better Than Most

Jan 13, 2016 at 12:21 | Steve Brown

Friends, Oilmen, Economists, I come not to bury Sieminski but to praise him. In case you don't know (I confess I didn't) Adam Sieminski is the…

China’s Refiners Report Glut In Distillates

Jan 13, 2016 at 10:56 | Matt Smith

It is national rubber ducky day, and the crude complex is acting accordingly – managing not to sink for the first time this year. After seven…

There Might Be More Oil Under The North Sea Than Previously Thought

Jan 13, 2016 at 10:37 | Dave Forest

Energy experts RBN Energy highlighted an interesting trend this week. Showing that oil production from the U.S. offshore is actually growing — even as onshore shale…

Can ISIS Actually Gain Power Over Libya’s Oil?

Jan 12, 2016 at 15:37 | Julianne Geiger

As it turns out, Syria was merely a springboard for a much larger ISIS plan—replenishing terrorist coffers by taking over oil assets in war-torn Libya. The…

As Rig Count Plunges, Has U.S. Oil Reached Its Capitulation Point?

Jan 11, 2016 at 16:48 | Arthur Berman

The big drop in rig count for the week that ended last Friday points to capitulation by U.S. shale drillers. The total land rig count fell…

Crashing Oil Prices And Dropping Rig Count Take Their Toll On U.S. Output

Jan 11, 2016 at 13:51 | Steve Brown

The EIA has just published its latest update to the Drilling Productivity Report (DPR), and soon we will get their update to the Short Term Energy…

Was Iran’s Claim About Ramping Up Oil Production Just Hype?

Jan 10, 2016 at 16:10 | Dalan McEndree

Lost in the financial market turmoil in the first weeks of 2016 has been the abrupt change in Iran’s public posture on its post-sanctions oil export…

Rig Count: Capitulation?

Jan 09, 2016 at 16:30 | Arthur Berman

After last week’s moderate drop in rig count, the amount of horizontal oil rigs seems to implode this week. The U.S. land rig count was down…

How Capital Inflows Can Affect Oil Service Activity In 2016

Jan 07, 2016 at 16:37 | David Yager

As the New Year begins, there have been endless prognostications on what will happen to the price of oil and the subsequent impact upon oilfield service…

Why The U.S. Can’t Be Called A ‘Swing Producer’

Jan 06, 2016 at 16:22 | Arthur Berman

Daniel Yergin and other experts say that U.S. tight oil is the swing oil producer of the world. They are wrong. It is preposterous…

Russia To Help Iran Reboot Oil Industry

Jan 03, 2016 at 15:49 | Andy Tully

Now that Iran appears on the verge of resuming prodigious oil production, it’s becoming clear that it plans to do so by forming ever-closer ties with…

Deepwater Looks Shaky In 2016

Jan 02, 2016 at 11:51 | Dan Dicker

Is it over yet? 2015 will certainly go down as the worst year for energy stocks since 2008 – that is unless 2016 beats it for…

These Could Be The Winners Of 2016

Jan 02, 2016 at 11:49 | Martin Tillier

Conventional wisdom would have it that 2015 was a disastrous year for oil and other energy industry related stocks. Certainly for those that have a long…

Peak Oil Production Is Still Years Away

Jan 01, 2016 at 13:17 | Ron Patterson

Dennis Coyne, an editor and frequent contributor to this site, has suggested that we are not at peak oil. He argues that there is likely to…

The New Cartel Running The Oil Sector

Dec 29, 2015 at 17:47 | Michael McDonald

As oil prices wallow near multi-year lows, it’s becoming increasingly clear that the new cartel controlling oil prices is not OPEC but world credit markets. From…

OPEC Expects U.S. Oil Production To Rise In 2016… Really?

Dec 29, 2015 at 11:57 | Ron Patterson

The OPEC 2015 World Oil Outlook came out a few days ago. They basically produce two outlooks, a medium term outlook to 2020 and a…

$10 Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

Dec 28, 2015 at 17:48 | Nick Cunningham

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs.…

Lifting The Oil Export Ban Could Be A Short-Sighted Action

Dec 28, 2015 at 17:03 | Arthur Berman

Congress ended the U.S. crude oil export ban last week. There is apparently no longer a strategic reason to conserve oil because shale production has made…

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