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Oil Demand Likely To Surprise To The Upside

Oil Demand Likely To Surprise To The Upside

Commodity analysts at Standard Chartered…

Energy / Energy-General

Oil Tumbles Towards $20 As Glut Grows

Mar 27, 2020 at 13:54 | Josh Owens

The brief rebound in oil prices was never going to last in the current environment, and as the global crude glut nears historic highs, prices are heading towards $20

The Worst Is Still To Come For Oil Markets

Mar 27, 2020 at 12:39 | Editorial Dept

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to finish the week sharply lower despite stimulus efforts by policymakers around the world against demand…

Economic Activity Hits A Decade-Low

Mar 27, 2020 at 12:38 | Editorial Dept

Friday, March 27, 2020 1. Economic activity plunges to decade-low- The U.S. economy…

Saudi Arabia Is Ignoring U.S. Pressure

Mar 27, 2020 at 12:33 | Editorial Dept

Market Movers There has been no letting up in the oil price war despite the intense demand destruction caused by the global Covid-19 pandemic that has now reached Europe and…

Why This Is Not The Right Time To Buy Energy Stocks

Mar 27, 2020 at 12:24 | Editorial Dept

If there is one thing that history teaches us (other than that we don’t learn from history) it is that following a drop as severe and rapid as this in…

COVID-19 In A Civil War

Mar 27, 2020 at 12:20 | Editorial Dept

Why Haftar Isn’t Going to Sell Libyan Oil While there are plenty of political and industry players the world over who would like to see a winner in the Libyan…

Rig Count Crashes Most In 4 Years As Oil Shock Rocks U.S. Shale

Mar 27, 2020 at 12:15 | Julianne Geiger

Baker Hughes reported that the number of oil and gas rigs in the US fell again this week by 44, falling to 728, with the total oil and gas rigs…

Is It Still Possible To Rebalance The Oil Market?

Mar 27, 2020 at 10:26 | Irina Slav

There is still a chance to rebalance oil markets if the OPEC+ group expands to include more producing countries, the head of the Russian sovereign wealth fund, Kiril Dmitriev, told Reuters…

America’s Shortage Of This Metal Keeps Trump Up At Night

Mar 26, 2020 at 17:01 | Charles Kennedy

The coronavirus may be wreaking havoc on the global economy, but when the dust settles, moving forward will be all about access to critical metals, from the 5G war to…

A Wave Of Downgrades Has Hit The U.S. Oil Patch

Mar 26, 2020 at 13:45 | Alex Kimani

The riskier end of the energy bond market has lately suffered a sharp blow in response to an epic oil price crash as the coronavirus pandemic and oil price war…

Building The Sustainable City Of The Future

Mar 26, 2020 at 12:57 | Alan Mammoser

Masdar City, a development of the Abu Dhabi Future Energy Company (Masdar), is beginning to take shape. The innovative city-district shows a possible paradigm for future sustainable cities:…

Goldman Sachs: Prepare For A Massive Oil Demand Shock

Mar 26, 2020 at 12:31 | Tsvetana Paraskova

Global oil demand could plummet by 18.7 million bpd in April, deepening an expected demand plunge of 10.5 million bpd for March, Goldman Sachs said, while the coronavirus pandemic continues…

The Biggest Threat To Western Oil Majors

Mar 26, 2020 at 12:08 | Vanand Meliksetian

The international oil market is composed of two types of companies: International Oil Companies (IOC) and National Oil Companies (NOC). The former are Western firms with their origin…

Green Initiatives Almost Derailed The $2 Trillion Stimulus Bill

Mar 26, 2020 at 11:25 | Julianne Geiger

Oil prices crashed on Monday when the US Senate failed to reach a deal on the Stimulus Bill over the weekend. The idea was to quickly pass legislation…

The Oil Glut Is About To Get Even Worse

Mar 26, 2020 at 10:53 | Rystad Energy

With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid…

Russia Will Ignore Oil Markets In G-20 Video Summit

Mar 26, 2020 at 10:33 | Tsvetana Paraskova

The oil market will not be a topic of discussion at the G-20 video summit later on Thursday, the Kremlin spokesman Dmitry Peskov told reporters when asked about the agenda of…

Don’t Believe The Oil Bulls

Mar 25, 2020 at 18:21 | Nick Cunningham

The world surplus could reach 20 million barrels per day (mb/d) in the next few weeks, threatening not only to top off storage tanks everywhere, but to crash…

Not Even The $2 Trillion Stimulus Package Can Save Oil Markets

Mar 25, 2020 at 14:54 | Haley Zaremba

A stimulus agreement has finally been reached. The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels…

The Complete History Of Fossil Fuels

Mar 25, 2020 at 14:33 | Tom Kool

Fossil fuels are the primary source of energy in the world today. But people started using fossil fuels long before the first steam engine running on coal or…

Russia’s Unexpected Advantage In The Oil Price War

Mar 25, 2020 at 13:42 | Tsvetana Paraskova

While the ruble is now at its lowest level against the dollar in four years, the cheaper ruble has a silver lining for Russia’s oil producers in the…

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