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Oil Traders Hedge Geopolitical Risk With Record Options

Oil Traders Hedge Geopolitical Risk With Record Options

Call options are currently trading…

3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

Apache, Marathon Oil Corp. and…

Energy / Energy-General

Could Trinidad And Tobago Become A Hotspot For Oil In The Caribbean?

May 07, 2021 at 15:50 | Felicity Bradstock

BHP has commenced oil production in Trinidad and Tobago in the next big energy development in the Caribbean. After recent successes in Guyana and Suriname’s energy…

Will Supermajors Finally Be Held Accountable For Oil Spills?

May 07, 2021 at 15:44 | Global Risk Insights

A British Supreme Court ruling has brought to a head a 13-year-old battle to hold Royal Dutch Shell accountable for massive oil spills in the Niger Delta in…

Oil Markets Optimistic As Brent Flirts With $70

May 07, 2021 at 12:22 | Tom Kool

There was a slight pullback in oil prices following Wednesday’s highs, but the rally is still very much on and bullish sentiment is palpable as summer driving season nears.

Oil And Gas Rig Count Climbs Amid Price Rally

May 07, 2021 at 12:14 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 8 this week, bringing the total rig count to 448. In…

Do Mexico's Energy Reforms Violate Its Trade Commitments?

May 07, 2021 at 11:14 | Charles Kennedy

The American Petroleum Institute has called on the U.S. federal government to take note of Mexico's energy industry reforms as spearheaded by President Andres Manuel Lopez Obrador, saying recent changes…

Why Exxon And Chevron Are Not Going All-Out In The Permian

May 06, 2021 at 17:41 | Tsvetana Paraskova

The U.S. oil supermajors are leading by example what shale drilling discipline should look like.   Neither ExxonMobil nor Chevron are rushing to boost production in the biggest American shale play,…

U.S. Shale Pre-Hedge Revenues Set To Hit All-Time High In 2021

May 06, 2021 at 17:26 | Rystad Energy

The US shale industry is set to achieve a significant milestone in 2021: If WTI futures continue their strong run and average at $60 per barrel this…

The Energy Crisis That No One Is Talking About

May 06, 2021 at 16:55 | Gail Tverberg

We live in a world where words are very carefully chosen. Companies hire public relations firms to give just the right “spin” to what they are saying. Politicians…

Gasoline Prices Set To Soar This Summer

May 06, 2021 at 15:37 | Irina Slav

A shortage of tanker truck drivers in the United States made headlines recently, sparking fears that Americans may face higher prices at the pump this driving season, just as…

IEA: Governments Should Start Stockpiling Battery Metals

May 06, 2021 at 13:57 | ZeroHedge

China's dominance in green energy technologies are rare earth metal production is very concerning to the International Energy Agency (IEA), who posted a stark warning Wednesday advising western governments to stockpile…

The Mystery Of Dark Energy

May 06, 2021 at 13:03 | Alex Kimani

"Dark energy is not only terribly important for astronomy, it's the central problem for physics. It's been the bone in our throat for a long time." --Steven Weinberg, Nobel Laureate,…

Oil Rally Stalls As India's COVID Crisis Worsens

May 06, 2021 at 11:02 | Tsvetana Paraskova

Oil prices dropped on Thursday morning, cutting short the rally to $70 a barrel after the world’s third-largest oil importer, India, reported a fresh record of new daily coronavirus cases.…

Will Iraq Become A Petrochemicals Powerhouse?

May 05, 2021 at 16:58 | Simon Watkins

There are three key reasons why the development of a world-class petrochemicals (petchems) sector is vital to Iraq’s future. First, its heavy reliance on crude oil exports makes…

Saudi Aramco Needs More Than Just Strong Earnings

May 05, 2021 at 13:54 | Cyril Widdershoven

Saudi Arabia’s national oil company Aramco has again outperformed forecasts. The world’s largest oil company, and 2nd largest listed company, reported a free cash…

The Shocking Truth About Data Center Energy Consumption

May 05, 2021 at 13:47 | Haley Zaremba

It’s almost impossible to qualify, much less quantify, the amount of disruption and destruction the spread of the novel coronavirus caused to the global economy. One of the…

Suspected Islamic State Militants Blow Up Oil Wells In Northern Iraq

May 05, 2021 at 12:07 | Tsvetana Paraskova

Suspected Islamic State militants blew up two oil wells with bombs near the northern Iraqi city of Kirkuk on Wednesday, killing at least one security officer and setting the oil…

Will U.S. Crude Oil Exports Smash Records Again This Year?

May 04, 2021 at 17:36 | Irina Slav

Crude oil and refined petroleum product exports from the United States hit a record high last year, turning the country into a net exporter. This year, as more economies are…

Is It Time To Invest In Smart Energy Tech?

May 04, 2021 at 16:59 | Alex Kimani

In a virtual climate summit with 41 world leaders last month, President Joe Biden unveiled an ambitious ten-year Climate Plan that has proposed cutting U.S. greenhouse gas emissions by 50-52%…

Oil Prices Hit 7-Week High On Demand Optimism

May 04, 2021 at 12:55 | Tom Kool

Chart of the Week

Shortage Of Tanker Truck Drivers May Lead To Higher Gasoline Prices This Summer

May 04, 2021 at 10:51 | ZeroHedge

The National Tank Truck Carriers (NTTC) industry trade group warns that a worsening semi-truck driver shortage may spark higher fuel prices and gas shortages this summer.  CNN reported that industry…

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