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Energy / Energy-General

The Very Real Prospect Of $5 Oil

Mar 20, 2020 at 12:45 | Tom Kool

The rebound in oil prices on Thursday didn’t last long as bearish sentiment once again took hold on Friday morning, with some analysts contemplating the possibility of $5 WTI. 

Oil Glut Could Grow To 1 Billion Barrels

Mar 20, 2020 at 12:04 | Editorial Dept

Crude oil futures are set to finish the week sharply lower despite a two-day counter-trend rally on Thursday and Friday. The price action suggests that even tremendous levels of monetary…

The Currencies Hit Hardest By Coronavirus

Mar 20, 2020 at 12:02 | Editorial Dept

1. These currencies have plunged the most- The pandemic has hit China, Iran, Western Europe…

The Geopolitical Silver Lining Of COVID-19

Mar 20, 2020 at 12:00 | Editorial Dept

Politics, Geopolitics & Conflict There is one clear benefit of coronarvirus - however temporary and however fragile: A sense of world peace, even if it’s not real. COVID has officially…

The Hottest Dividend Play In A Collapsing Market

Mar 20, 2020 at 11:58 | Editorial Dept

Historically, a large part of the appeal of investing in the energy sector has, for many people, been the dividend payouts that the sector offers. Recently though, even that advantage…

Who Will Win The Oil Price War?

Mar 20, 2020 at 11:57 | Editorial Dept

Time To Blink In COVID-Infected Oil Price War As the oil price war continues, with the Saudis holding out and flooding the market with oil, the next logical stage is…

Saudi ‘Shock And Awe’ Is Crushing Shale Drillers

Mar 19, 2020 at 18:02 | Nick Cunningham

WTI dropped into the low $20s on Wednesday, and the near-term outlook is grim. Oil lobbyists have pushed Congress for help, and a group of Republican Senators

The Lesson U.S. Shale Refuses To Learn

Mar 19, 2020 at 18:00 | Irina Slav

It feels like 2014 for the oil industry all over again, except this time, things could get even worse.  Most U.S. shale wells have a breakeven…

U.S. Oil Industry Could End Up Losing More Than 200,000 Jobs

Mar 19, 2020 at 14:06 | Irina Slav

With West Texas Intermediate below $30 a barrel and Saudi Arabia’s plans to keep pumping as much as it can for as long as it…

How 'Smart Water' Could Revolutionize Shale

Mar 19, 2020 at 12:46 | Alex Kimani

Conventional wisdom dictates that water and oil do not mix--at least for those of us who are not MIT engineers. But a new…

How Chevron Could Win Big On “The Worst Oil Deal Ever”

Mar 19, 2020 at 11:09 | Robert Rapier

Last week someone commented to me that Chevron could now buy Occidental Petroleum cheaper than it offered to acquire Anadarko. There is an element of truth to the statement, but…

Oil Could Crash To $10 As World Runs Out Of Storage

Mar 19, 2020 at 10:24 | Irina Slav

The growing supply glut in oil markets could end up filling all storage tanks worldwide, potentially causing prices to drop even further Global oil storage could overflow in the coming…

April Could Be Worst Month Ever For Oil

Mar 18, 2020 at 18:24 | Nick Cunningham

Oil producers are facing their worst crisis in history, but the market is not at a bottom yet, according to several analysts. The millions of barrels of additional supply promised…

Russia Needs Higher Oil Prices, But Won't Surrender

Mar 18, 2020 at 16:48 | Tom Kool

With WTI crude seeing its third-worst trading day on record, Russia is beginning to feel the squeeze as it sees its oil and gas income tumble while it…

Russia Sees Oil & Gas Income Fall By Almost $40 Billion

Mar 18, 2020 at 13:14 | Tsvetana Paraskova

Russia’s revenues from oil and gas will be US$39.5 billion (3 trillion rubles) lower than planned, due to the tumbling oil prices, Russian Finance Minister Anton Siluanov said on…

Dow Jones Erases All Gains Under Trump, Drops Below 20,000

Mar 18, 2020 at 12:01 | Michael Kern

The markets can’t seem to catch a break, with the Dow dropping below 20,000 points for the first time since 2017 as the coronavirus crisis continues to fuel…

Coronavirus Is Wiping Out Billions In Clean Energy Investments

Mar 18, 2020 at 11:32 | Alex Kimani

Deep in the throes of a deadly pandemic, nations everywhere are grappling with the grim reality of a global community on lockdown. Travel bans and…

Coronavirus Could Bankrupt 20% Of European Oilfield Services

Mar 18, 2020 at 10:55 | Tsvetana Paraskova

More than 200 small- and medium-sized oilfield services operators in Europe, or 20 percent of all European oilfield services firm, could go bust as the coronavirus epidemic will hit the…

Iraq Desperate For OPEC Action As Oil Prices Crash

Mar 18, 2020 at 10:46 | Irina Slav

The Iraqi Oil Minister, Thamer al-Ghadhban, has asked OPEC’s head, Mohammed Barkindo to call an extraordinary meeting of OPEC+ to “discuss all possible ways” to reverse the oil…

Can Big Oil Still Fund Its Renewable Energy Push?

Mar 17, 2020 at 15:32 | Tsvetana Paraskova

Big Oil had just announced overhauled long-term strategies to soothe investor concerns about climate change and become part of the solution in the energy transition—and then came the big oil…

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