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Stronger Chinese Oil Imports May Send WTI Above $80

Stronger Chinese Oil Imports May Send WTI Above $80

Positive demand signals from China…

Under-hedged U.S. Shale Patch Exposed To Falling Oil Prices

Under-hedged U.S. Shale Patch Exposed To Falling Oil Prices

Commodity analysts at Standard Chartered…

Energy / Energy-General

The Oil Price War Has Put A $69 Billion Mega Deal At Risk

May 20, 2020 at 17:56 | Simon Watkins

Even before the latest slew of announcements regarding the agreement by Saudi Arabia’s flagship oil and gas company, Aramco, to acquire a 70 percent stake in the Kingdom’s key petrochemicals…

Big Oil’s Best Survival Strategy

May 20, 2020 at 16:45 | Irina Slav

First, it was an oil price war that pummeled benchmarks into the ground. Then it was the coronavirus outbreak that swelled to a pandemic. Now, a third plague…

Downside Risks Remain Despite Oil Price Rebound

May 20, 2020 at 14:33 | Amad Shaikh

The last few days have seen money rushing back into oil, with all crude benchmarks climbing furiously, including Brent showing a 14 percent week over week increase, rebounding from a…

The World’s Most Controversial Oil Frontier Falls Out Of Favor With Big Banks

May 20, 2020 at 13:03 | Haley Zaremba

Drilling in the Arctic has been back in the headlines this week with some fresh controversy. The Trump administration has long seen the development of oil and gas…

Why U.S. Shale Is Too Important To Fail

May 19, 2020 at 16:47 | Simon Watkins

It may well be the case that the U.S. shale sector has cut over US$50 billion from its planned spending this year, the number of operating rigs has fallen by…

Permian Basin Leads Decline In U.S. Shale

May 19, 2020 at 14:55 | Nick Cunningham

U.S. shale production is set to fall to a two-year low in the coming weeks, with the Permian basin leading the way down. In the latest Drilling Productivity Report,…

Russian Oil Majors Want Bailout From Moscow

May 19, 2020 at 13:52 | Viktor Katona

It shall not come as a surprise that Russia’s leading oil and gas companies are suffering amidst the market depression brought about by the SARS-COV-2. Most of the companies have…

The Oil Bulls Are Back

May 19, 2020 at 11:51 | Josh Owens

The latest Global Energy Alert report on 'How To Profit From The Oil Market Crash' is an absolute must-read for everyone from crude oil traders to…

3 Reasons Big Finance Is Bailing On Fossil Fuels

May 19, 2020 at 10:14 | Leonard Hyman & William Tilles

When two of the biggest beneficiaries of fossil fuels abandon the cause is that an omen? Start with Norway’s sovereign wealth fund, the biggest in the world. That nation created…

U.S. Gas Output To Hit Rock Bottom In November

May 19, 2020 at 09:52 | Rystad Energy

The Covid-19 pandemic has forced oil and gas producers to slash budgets and reduce drilling activity, which in the US always affects future hydrocarbon output as existing fields naturally decline.…

Should U.S. Shale Be Worried About A Chinese Takeover?

May 18, 2020 at 14:21 | Alex Kimani

American shale is easy prey as Beijing goes bargain-hunting.   China could soon embark on a global buying spree following the coronavirus-induced economic crisis and the re-opening of its economy, and…

Are Oil Prices Rising Too High Too Soon?

May 18, 2020 at 11:53 | Tom Kool

Oil prices have rallied significantly, rising $10 in two weeks as markets are increasingly convinced that global demand for crude is picking up once again. Deep output cuts…

The Holy Grail Of Electric Vehicle Charging

May 15, 2020 at 17:32 | Alex Kimani

For all their hype and techno-wizardry, EVs still bow down to their gas-powered cousins when it comes to driving range, not to mention that they take much longer…

Is Hydrogen The Jet Fuel Of The Future?

May 15, 2020 at 17:26 | Irina Slav

Hydrogen, the most abundant element in the universe, has been touted as a superior alternative to lithium-ion batteries in cars, but adoption has been painfully slow. For all…

Activist Investors Demand More Climate Action From Oil Majors

May 15, 2020 at 17:23 | Tsvetana Paraskova

In the span of just six months, Europe’s biggest oil and gas companies raced to commit to net-zero emission targets in response to increased investor and societal demands to start…

A Huge Fleet Of 117 Tankers Is Bringing Super Cheap Crude To China

May 15, 2020 at 17:17 | Tsvetana Paraskova

While the rest of the world is tentatively coming out of lockdowns, China is taking advantage of the cheapest crude oil in years to stock up as demand…

Battery Metals Suffer From Slump In EV Sales

May 15, 2020 at 17:13 | MINING.com

While electric car sales were crashing in China, the world’s largest EV market by a country mile, customers were still busy kicking tires in Western Europe.

Why COVID-19 Won't Crush Renewables

May 15, 2020 at 17:06 | Leonard Hyman & William Tilles

Some very wrong but intuitively appealing ideas about energy keep recurring. These are the ideological equivalents of vampires in old movies, waking hungry and rising from the coffin…

The Relentless Oil Price Rally

May 15, 2020 at 13:55 | Tom Kool

Oil prices are continuously rising despite the uncertainty surrounding COVID-19, with WTI nearing a two-month high on Friday morningFor further research, analysis and trade recommendations, make sure you…

Rig Count Drops To New Low As Oil Prices Soar

May 15, 2020 at 12:33 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 35, falling to 339, with the total oil and…

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