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Energy / Energy-General

Will Trump Use Tariffs To Protect U.S. Oil?

Apr 06, 2020 at 11:02 | Irina Slav

“I would use tariffs, if I had to. I don’t think I’m going to have to,” U.S. President Trump told media on Sunday as quoted by CNBC, in response…

Russia To Cut 1 Million Barrels Per Day, But Under One Condition

Apr 06, 2020 at 10:00 | Irina Slav

Russia may be willing to reduce its oil production by as much as 1 million bpd, or a little under 10 percent of its March average but only if the…

Russia, Saudi Arabia, ‘Very Close’ To Reaching Oil Output Deal

Apr 06, 2020 at 08:57 | Tsvetana Paraskova

Saudi Arabia and Russia are “very, very close” to reaching an agreement on how to react to the low oil prices, Kirill Dmitriev, chief executive at Russia’s sovereign wealth fund,…

OPEC’s Plan To Take Over The Global Oil Industry

Apr 03, 2020 at 19:08 | Cyril Widdershoven

The first three months of 2020 have shocked the global energy market to its foundations. The toxic mix of coronavirus, a global economic recession, and an unexpected OPEC+…

The Oil Giant Drowning In Debt

Apr 03, 2020 at 18:52 | Nick Cunningham

ExxonMobil saw its credit rating downgraded by Moody’s on Thursday from Aaa to Aa1, with a Negative outlook. Two weeks ago, S&P

Big Oil Raises Debt To Ride Out Price Crash

Apr 03, 2020 at 18:34 | Tsvetana Paraskova

As prices crashed, the supermajors resorted to one of the last tools they have before starting to potentially consider the painful idea of cutting dividends, taking on more debt International…

Risky Mining Projects Could Come At Huge Cost For Canadian Taxpayer

Apr 03, 2020 at 18:12 | Global Risk Insights

On December 3rd, the British Columbia (B.C.) government put an end to commercial logging in the Skagit headwaters. The vast cross-border coalition of…

North Sea Oil Faces Crisis

Apr 03, 2020 at 17:31 | Vanand Meliksetian

Oil and gas production in the North Sea became viable due to the 1973 oil crisis. The Arab-Israeli conflict caused a serious disruption that led to skyrocketing prices.…

Oil Industry Joins The Fight Against Coronavirus

Apr 03, 2020 at 16:53 | Irina Slav

Ventilators from Tesla. Hand sanitizer from Anheuser Busch and fellow distillers. Face masks from General Motors. It sounds like something out of a science fiction—or possibly parody—novel, but…

Is Gazprom’s LNG Megaproject Doomed To Fail?

Apr 03, 2020 at 14:27 | Viktor Katona

The gas giant Gazprom is no longer in the spotlight after the US Treasury sanctioned Rosneft, the Russian national oil company, most probably triggering the collapse of the…

Demand Destruction Will Decimate Oil Prices

Apr 03, 2020 at 14:21 | Robert Rapier

I have been warning since January that the long-term ramifications of the ongoing coronavirus (COVID-19) outbreak on the oil industry could be significant and long-lasting. In…

The OPEC Meeting Could Send Oil Prices Crashing Below $10

Apr 03, 2020 at 13:56 | Cyril Widdershoven

The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified. The ongoing oil market volatility,…

The Largest Oil Market Intervention In History?

Apr 03, 2020 at 12:42 | Josh Owens

As the world continues to grapple with the fallout from the coronavirus crisis, some of the largest oil producers in the world are coming together with the potential of a…

The Largest Rig Count Collapse In 5 Years

Apr 03, 2020 at 12:20 | Julianne Geiger

Baker Hughes reported that the number of oil and gas rigs in the US fell again this week by 64, falling to 664, with the total oil and gas rigs…

Oil To Move Above $41 If Trump’s Tweet Is True

Apr 03, 2020 at 12:10 | Editorial Dept

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher on Friday on increased expectations of a production cut by OPEC and other major producers known as…

What Will $15 Oil Mean For Producers?

Apr 03, 2020 at 12:08 | Editorial Dept

1. Gasoline demand plunges to 26-year low- Unsurprisingly, U.S. gasoline demand has fallen sharply. -…

Oil Market Data Is About To Get Very Ugly

Apr 03, 2020 at 12:06 | Editorial Dept

Global COVID Update Globally, situations are emerging that all investors should be prepared for. We recommend getting out in front of the following pending realities: - Amid the COVID pandemic,…

How To Find A “Bargain” In A Distressed Energy Sector

Apr 03, 2020 at 12:00 | Editorial Dept

If the history of the so-called “Great Recession” of 2008-9 is to be believed, while the current carnage in the energy space will negatively impact a lot of people, both…

Ending The Oil War Isn’t Enough

Apr 03, 2020 at 11:59 | Editorial Dept

Oil may have gained 20% on Trump’s tweets Thursday, but heed this: Even if OPEC+ agrees to a purported 10-million-bpd cut and even considering that China has ordered all of…

U.S. Shale Ready To Fire Back In The Oil Price War

Apr 03, 2020 at 10:39 | Irina Slav

U.S. shale oil companies have started a lobbying campaign with Washington to take a more aggressive stance against Russia and Saudi Arabia to force them to cut oil production, the…

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