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Physical Oil Market Hints at Potential Upswing

Physical Oil Market Hints at Potential Upswing

Oil prices could break to…

Bad News From China Could Be The Harbinger For Lower Oil Prices

Bad News From China Could Be The Harbinger For Lower Oil Prices

Despite some industrial sector gains,…

Energy / Crude Oil

Brazil’s Giant Libra Field could Produce One Million Barrels a Day

Jun 14, 2013 at 17:02 | Charles Kennedy

Magda Chambriard, the head of the National Petroleum Agency, has said that Brazil’s giant oil prospect, the Libra field, which holds an estimated 15 billion barrels of oil, could easily…

Exxon’s Bakken Expansion is Rewarded as USGS Doubles Reserves Estimate

Jun 07, 2013 at 22:06 | Dian L. Chu

The U.S. Geological Survey (USGS) recently released an updated oil and gas resource estimate on the Bakken formation, which covers parts of Montana, North Dakota and Saskatchewan.Unlike the…

Kurdistan: Our Pick for the Next Big Buy Out

Jun 07, 2013 at 17:09 | James Stafford

You might not have heard of Oryx (OXC), so if we’re treading on virgin territory here, we’ve got a good reason for doing so. Earlier this month, Oryx—the…

Next on the US Shale Scene? Try Tuscaloosa

Jun 07, 2013 at 17:02 | Editorial Dept

It’s not a household name yet—and it’s a bit of a mouthful—but the 2.7 million-acre Tuscaloosa Marine Shale (TMS) in Southeast Louisiana and Southwest Mississippi is shaping up to be…

Crude Oil Glut Forecast for 2014

Jun 04, 2013 at 16:56 | The Energy Report

Stepping away from the pack, Andrew Coleman of Raymond James Equity Research is making a contrarian forecast for an oil glut in 2014. Shale oil production is on the ascent,…

Will Rail Run Out of Steam Post-Keystone?

Jun 03, 2013 at 17:00 | Daniel J. Graeber

More than 97,000 rail carloads of crude oil were delivered in the United States during the first quarter of the year. That's 20 percent more than the fourth quarter of…

Is Iraq Capable of Becoming the Largest Oil Producer in the World

May 31, 2013 at 16:48 | Dave Summers

There is often quite a debate in the Peak Oil community over the difference between a reserve and a resource. Simplistically a resource is the amount of, for the sake…

Canada Putting Too Many Eggs in Oil Basket

May 27, 2013 at 16:59 | Daniel J. Graeber

Canadian Natural Resources Minister Joe Oliver said natural resources are the cornerstone of the federal and provincial economies. The U.S. economy, on the road to modest recovery, remains central to…

U.S. Shale Boom Not Enough to Remove the Threat of Peak Oil

May 24, 2013 at 16:57 | Post Carbon

A new phrase, “supply shock,” entered the lexicon of the global oil business this week when the International Energy Agency (IEA) reported that unexpectedly rapid growth in tight oil production…

How Reliable is the IEA’s Oil Market Forecast?

May 20, 2013 at 16:32 | Kurt Cobb

The famous Danish physicist Niels Bohr once humorously observed, "Predictions are very difficult, especially about the future." And so, as the world considers yet another rosy oil supply forecast,…

“Hard sell?” Canada Doubles PR Budget to Promote Tar Sands in U.S.

May 17, 2013 at 17:30 | John Daly

Canada is, according to the U.S. Energy Administration, the leading source of United States crude oil imports, which average 9.033 million barrels per day (mbpd), with Canada sending 2.666…

US: Mexico-TAP and the Dodd Frank Act

May 17, 2013 at 14:12 | Editorial Dept

Bottom Line: US Congress is reviewing House and Senate legislation that could see US companies working under the Mexico-TAP exempted from Dodd-Frank Section 1504 SEC disclosures about payments to foreign…

Displacing Oil Costs Less than Oil

May 16, 2013 at 17:14 | Zana Nesheiwat

“Innovation is the ability to see change as an opportunity — not a threat.” — Steve JobsAre we running out of oil? Are fuel alternatives overrated? Can fossil…

Libya Wants to Sell Oil. Is Anyone Listening?

May 13, 2013 at 17:03 | Daniel J. Graeber

Libyan Oil Minister Abdel Bari Ali al-Arousi said his country was ready to recover from civil war and take its rightful place as the powerhouse of North African energy producers.…

North Dakota Oil Boom Set to Continue for Some Time

May 10, 2013 at 17:23 | Robert Rapier

Last week the U.S. Geological Survey (USGS) provided an update of oil and gas resources in the Bakken region. This was their first update since a 2008 report that…

A Company that Stands to do Well from the Collapsing WTI-Brent Spread

May 10, 2013 at 15:33 | Dan Dicker

Another week away from my usual trading desk in New York does lead to a different and useful perspective on energy events without concentrating on the minute movements on my…

Oil Market Forecast & Review 10th May 2013

May 10, 2013 at 15:23 | Jim Hyerczyk

Late breaking news on Thursday may have signaled the top in July crude oil as traders reacted with aggressive selling pressure. The move was triggered by comments from Fed Bank…

Middle East Oil Markets Contracting

May 09, 2013 at 17:03 | Daniel J. Graeber

The Iraqi and Libyan governments said they would help Egypt cope with its economic crisis by offering up crude oil exports. The Egyptian government of President Mohamed Morsi is trying…

Don’t Count your Chickens or your Oil Wells Before they Hatch

May 07, 2013 at 16:39 | Claude Salhani

If one is to believe the hype and the optimism going around Lebanon these days, one would think that every Lebanese citizen, or at least those residing in Lebanon, is…

OPEC Falling Apart at the Seams

May 03, 2013 at 17:47 | Daniel J. Graeber

Growing security risks in the Middle East are giving oil companies the jitters. French supermajor Total said recently that it was spending more on security since the January attack on…

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