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How Iraq Continues To Trick Washington

How Iraq Continues To Trick Washington

The U.S. government has multiple…

Energy / Energy-General

Oil Price Crash Is Upending The Petrochemicals Industry

Apr 15, 2020 at 14:07 | Tsvetana Paraskova

While the U.S. shale production decline is the immediate outcome of the price collapse, low crude oil prices have triggered a chain of events in the energy markets…

Big Banks Set To Seize Shale Oil Assets

Apr 15, 2020 at 13:30 | Alex Kimani

Only weeks ago, scores of rating agencies sounded the alarm that the coronavirus credit crunch would set in motion a wave of corporate bankruptcies that…

Many Shale Companies Are Already On The Brink Of Bankruptcy

Apr 15, 2020 at 11:57 | Julianne Geiger

OPEC may have reached a deal to cut 10 million bpd, but for many U.S. shale producers, it is too little, far too late. Much ado…

Texas Oil Drillers Can’t Agree On Output Cuts

Apr 15, 2020 at 10:45 | Tom Kool

OPEC+ and large producers such as Canada, Norway, Mexico and Brazil came to an output cut agreement this weekend, but a coordinated output reduction in the United States isn’t likely…

Coronavirus And The Coming Financial Revolution

Apr 14, 2020 at 17:15 | Haley Zaremba

The coronavirus pandemic is one of the biggest and unprecedented seismic shifts in the global economy that we’ve ever seen in modern history, and it’s just getting started.                Already,…

OPEC+ Powerless As Oil Prices Near $20

Apr 14, 2020 at 13:24 | Josh Owens

With OPEC and its partners failing to inject some bullish sentiment into oil markets with their historic production cut deal, our analysts recently shared their forecasts on where oil will…

U.S. Refineries In Jeopardy As Gasoline Consumption Plunges

Apr 14, 2020 at 12:36 | Irina Slav

Last time when prices at the pump were so low—about four years ago—it was heaven for drivers. Now, with lockdowns across most states, it is anything but: gasoline may indeed…

Saudi Arabia Is Planning Even More Oil Production Cuts

Apr 13, 2020 at 17:24 | Julianne Geiger

Saudi Arabia has said that even more production cuts could be on the horizon, after sealing a 9.7 million bpd production cut over the week from the OPEC+ group, Saudi…

How The U.S. Can Retain Its Energy Dominance

Apr 13, 2020 at 16:50 | Haley Zaremba

The largest banks in the United States are preparing to seize the assets of shale companies across the West Texas Permian Basin. What was once the epicenter of…

EV Sales Crash, But Lithium-Ion Batteries Remain Highly Popular

Apr 13, 2020 at 13:12 | MINING.com

A report by market analyst Roskill states that the slowdown in the Chinese EV market during H2-20‌19 and the covid-19 pandemic have had a significant impact on demand projections for…

Trump Wants OPEC+ To Double Its Production Cut

Apr 13, 2020 at 11:16 | ZeroHedge

Shortly after Mexico won a historic "Mexican standoff" with Saudi Arabia on Sunday afternoon, and was exempt from a historic 9.7mmb/d oil production cut by OPEC+ member states (which Mexico…

Higher Natural Gas Prices Are On The Horizon

Apr 10, 2020 at 15:38 | Tsvetana Paraskova

The oil price crash has attracted all the media attention to the dire state of the U.S. crude oil-producing sector with cash-strapped drillers struggling to make any money…

Russia Slams Trump’s Space Mining Order

Apr 10, 2020 at 14:11 | MINING.com

Russia’s space agency Roscosmos has condemned US President Donald Trump’s order signed this week, which encourages citizens to mine the moon and other…

Car Sales Fall To 10-Year Low

Apr 10, 2020 at 13:52 | Metal Miner

An article in the Financial Times reviews the fortunes of parts makers Infineon (formerly part of Siemens), Continental

Trump Threatens “Very Substantial” Tariffs On Oil Imports

Apr 10, 2020 at 13:37 | Haley Zaremba

Just in case you’ve been living under a rock for the past month and a half or you’re quarantining yourself from the news cycle as well as everything…

Oil Prices Crash Towards $20 Despite Historic Cuts

Apr 10, 2020 at 12:54 | Josh Owens

Investor Alert: As oil prices crash towards $20 on the back of an insufficient production cut agreement, all eyes will be on…

Rig Count Collapse Continues Despite Historic Global Oil Deal

Apr 10, 2020 at 12:53 | Julianne Geiger

Baker Hughes reported on Thursday that the number of oil and gas rigs in the US fell again this week by 62, falling to 602, with the total oil and…

There Is Still Hope For Oil Prices

Apr 10, 2020 at 11:38 | Editorial Dept

U.S. West Texas Intermediate and international benchmark Brent crude oil futures are likely to firm next week after OPEC and its allies agreed to a historic production cut agreement on…

U.S. Oil Production Has Already Peaked

Apr 10, 2020 at 11:37 | Editorial Dept

1. New fracked wells plunge- The collapse of oil prices has already led to the…

Missiles Fired In Iraq As Proxy War Heats Up

Apr 10, 2020 at 11:35 | Editorial Dept

COVID-19 Market Update - While JPMorgan has been trying to ditch the discount loans it holds from Gulf sovereign wealth funds (notably, Saudi Arabia’s and the UAE’s) as prices crash…

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