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Energy / Energy-General

The Great U.S. Shale Decline Has Already Begun

Mar 12, 2020 at 18:22 | Nick Cunningham

U.S. shale companies are moving quickly to ax their budgets, hoping to staunch the bleeding as the oil market continues to melt down. It has only been a few days…

Should You Sell Your Oil Stocks Now?

Mar 12, 2020 at 17:40 | Alex Kimani

There are three questions tormenting investors in the oil and gas industry right now:  Why did Icahn double down on Occidental Petroleum? Is Warren Buffett right when he says “turnarounds…

Oil Price Crash Continues Despite $1.5 Trillion Fed Intervention

Mar 12, 2020 at 13:37 | Michael Kern

The Federal Reserve took drastic action on Thursday as the stock market meltdown accelerated, pledging to inject as much as $1.5 trillion into U.S. markets to cull the growing panic…

Crashing Oil Prices Force U.S. Oil Firms To Cut Budgets

Mar 12, 2020 at 11:51 | Tsvetana Paraskova

As oil prices continue to tank amid the oil price war and the coronavirus outbreak, U.S. oil producers are announcing capital spending and dividend cuts by the hour as many of…

The Reason Why Russia Refused To Cut Oil Production

Mar 12, 2020 at 11:03 | Irina Slav

OPEC asked Russia to cut an additional 300,000 bpd in oil production at last week’s meeting in Vienna, but according to Russia’s Deputy Energy Minister, this would’ve been ‘technically challenging’…

Will Trump Bail U.S. Shale Out?

Mar 11, 2020 at 19:08 | Nick Cunningham

The White House is considering a rescue package for the U.S. shale industry, although the idea is getting pushback from so many sides that it faces challenging odds of passing…

Tech Breakthrough Could Revolutionize Lithium Extraction

Mar 11, 2020 at 18:30 | Tsvetana Paraskova

A research team is close to patenting a new technique to extract lithium from brine that could revolutionize the lithium extraction process and potentially cut the production costs of one…

Traders Are Making A Killing In The Oil Price War

Mar 11, 2020 at 14:09 | Tom Kool

Oil prices crashed after Russia and Saudi Arabia announced that they will abandon OPEC production quotas and open the taps, and while drillers and oilfield service companies are feeling the…

Is This The Worst Oil Deal Of The Decade?

Mar 11, 2020 at 13:39 | Josh Owens

On the 8th of August 2019 a major oil company completed an acquisition that could well be looked back on as the worst oil deal of the decade. Since that…

Coronavirus vs Oil War: Which Is Worse For Markets?

Mar 11, 2020 at 13:00 | Alex Kimani

The stock markets have a new and even more vengeful bogeyman, and this time, it’s not coronavirus. The U.S. bear market crashed to new lows on Wednesday, and the China…

Big Oil Prepares To Suffer In 2020

Mar 10, 2020 at 18:24 | Irina Slav

When Rystad Energy analysts last November told Bloomberg that Big Oil investors were in for a windfall of dividends and share buybacks as the companies shifted into renewables, they…

Don't Be Fooled By The Oil Price Rebound

Mar 10, 2020 at 17:29 | Irina Slav

A mild winter in the northern hemisphere, the COVID-19 outbreak, and now the price war that Saudi Arabia declared last weekend have combined to produce an all-new oil price crisis…

U.S. Sanctions Have Crippled Iranian Oil Production

Mar 10, 2020 at 14:55 | Tsvetana Paraskova

The U.S. sanctions on Iran’s oil sector are impacting the Islamic Republic’s ability to potentially increase production in the long term if the U.S.-Iran tensions subside and sanctions ease.  …

Junk Status? Oil Nations Face Serious Credit Downgrades

Mar 10, 2020 at 14:27 | Julianne Geiger

Ratings Agency Fitch warned on Tuesday that a new wave of sovereign rating downgrades could be in the works if the oil slump continues, according to Reuters. In additional,…

The Oil Price War Has Only Just Begun

Mar 10, 2020 at 13:24 | Tom Kool

Oil is climbing back up after falling over 25% on Sunday, but will the rally last?  (Click to enlarge)

Saudi Arabia To Flood Oil Markets With An Extra 2.6 Million Bpd

Mar 10, 2020 at 10:18 | Irina Slav

Saudi Arabia plans to increase its crude oil production from below 10 million bpd currently to 12.3 million bpd next month, the company said in a filing with the…

Oil Crash Could Trigger A Recession In The Middle East

Mar 09, 2020 at 17:03 | Tsvetana Paraskova

The oil price war that Saudi Arabia and Russia started will hurt the fiscal revenues of the oil producers in the Persian Gulf, including the Saudis, OPEC’s top producer and…

The First Casualty Of Tanking Oil Prices

Mar 09, 2020 at 16:00 | Rystad Energy

In the wake of one of history’s largest oil price declines in a single day, a Rystad Energy impact analysis…

Can Saudi Arabia Survive The Oil Price War It Started?

Mar 09, 2020 at 15:02 | Cyril Widdershoven

As the world watches an oil price war unfold between Russia, OPEC, and US shale, another major crisis is looming in the Middle East. Saudi Arabia is…

Investor Exodus Leaves Oil Stocks In Disarray

Mar 09, 2020 at 12:27 | Tsvetana Paraskova

Oil stocks have suffered a lot over the past half decade.   First it was the 2014 oil price crash. Just as the oil industry emerged from the collapse, the…

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