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U.S. Drilling Activity Inches Up

U.S. Drilling Activity Inches Up

The total number of active…

Energy / Energy-General

An Unusual Development In Natural Gas Markets

Jul 26, 2019 at 16:58 | Vanand Meliksetian

Despite the growing importance of environmentalism and the public scrutiny concerning the fossil fuel industry, natural gas has maintained its importance in the global energy mix. Rising power demand and…

Oil Flat, Seesaws On Demand Fears

Jul 26, 2019 at 13:43 | Tom Kool

Oil prices have ended the week where they started, with demand fears and inventory draws countering one another and geopolitical shocks failing to move the…

A No-Man's Land In Oil Markets

Jul 26, 2019 at 12:31 | Editorial Dept

Tensions over oil movements in the Strait of Hormuz and a sizable decrease in the amount of crude oil being held in storage have managed to lift oil prices this…

Tesla: The Donald Trump Of The Stock Market

Jul 26, 2019 at 12:30 | Editorial Dept

Back at the end of May, I wrote in these pages that it was time to reverse positions in Tesla (TSLA). Prior to that, I had been bearish on the…

U.S. Oil Major Receives Reassurance From Venezuela

Jul 26, 2019 at 12:27 | Editorial Dept

Politics, Geopolitics & Conflict - Venezuela’s opposition leader Juan Guaido has vowed to protect Chevron’s assets in the country if the US doesn’t extend its license to operate there. Without…

U.S. Shale Continues To Struggle

Jul 26, 2019 at 12:26 | Editorial Dept

Friday July 26, 2019 1. Shale finances still unimpressive- In the first quarter, an EIA survey of 43 U.S.…

Only Change In Fundamentals Can Trigger Oil Breakout

Jul 26, 2019 at 12:24 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are edging higher for the week, while posting a relatively tight trading range following the previous week’s steep sell-off. The inside trading range…

Rig Count Falls Falls Amid Stellar Decline In US Oil Production

Jul 26, 2019 at 12:22 | Julianne Geiger

The US oil and gas rig count fell by 8 this week, according to Baker Hughes, adding to months of losses, as US oil production falls to lowest levels since…

Is India Close To Launching Its Own Gigafactory?

Jul 26, 2019 at 10:58 | Irina Slav

India may be planning its own EV battery gigafactory, LiveMint reports, citing an unnamed government official. According to the report, the facility would cost US$4 billion to build. “We are…

Growing Fear Of Global Economic Slowdown Caps Oil Price Gains

Jul 26, 2019 at 09:26 | Tsvetana Paraskova

Oil prices nudged up early on Friday, supported by weekly U.S. reports of inventory draws and simmering tensions in the Middle East, while worsening outlooks on the global economy capped…

OPEC’s Fight To End The Oil Glut Is Far From Over

Jul 25, 2019 at 16:55 | Tsvetana Paraskova

OPEC and its Russia-led non-OPEC allies are in their third year of managing supply to the market, hoping to draw down high inventories and push up oil prices. Early this…

Could A Battery Metal Shortage Derail The EV Boom?

Jul 25, 2019 at 14:00 | Irina Slav

Electric vehicles are being hailed as one of the top answers to saving the planet from the polluting legacy of fossil fuels, but the EV revolution that proponents like to…

Can Renewable Natural Gas Actually Compete With Diesel?

Jul 25, 2019 at 13:39 | Jon LeSage

For truck fleets looking to cut fuel expenses and reliance on diesel — and to meet increasingly stringent emissions standards — renewable natural gas is becoming a hot commodity. There’s…

Expect Chinese Refinery Run Rates To Fall Soon

Jul 25, 2019 at 12:11 | Irina Slav

Chinese refineries will reduce their throughput during the current quarter ahead of the country’s National Day holiday that begins in October, S&P Global Platts reports, citing a general state-imposed…

Saudis To Oil Buyers: Protect Your Oil Tankers In Strait Of Hormuz

Jul 25, 2019 at 11:41 | Tsvetana Paraskova

Khalid al-Falih, the energy minister of the world’s largest crude oil exporter and OPEC’s biggest producer, Saudi Arabia, urged on Thursday countries buying crude oil to secure the free…

Ukraine Seizes Russian Oil Tanker

Jul 25, 2019 at 09:26 | Tsvetana Paraskova

Ukraine’s security services said on Thursday they had detained a Russian oil tanker that had blocked in November Ukrainian warships near Crimea, drawing reaction from Russia which vowed ‘consequences’…

U.S. And China Face Off In Iranian Conflict

Jul 24, 2019 at 16:48 | Cyril Widdershoven

China’s relationship with Iran is being put to the test after US president Trump slammed sanctions on Chinese state-run energy company Zhuhai Zhenrong for allegedly violating restrictions imposed on Iran’s…

Turkey Pushes Regional Tensions To Breaking Point

Jul 24, 2019 at 12:48 | Vanand Meliksetian

Turkey’s geography has been a blessing to the country's strategic value. After the Second World War, the U.S. moved quickly to include Ankara in the new Trans-Atlantic alliance. However, tensions…

An Unusual State Of Affairs For Oil Markets

Jul 24, 2019 at 12:03 | Editorial Dept

Iranian forces made front page oil market news yet again since our last note by seizing a UK-flagged tanker and a British owned tanker in the Strait of Hormuz as…

Identifying Libya’s Oil Saboteurs

Jul 24, 2019 at 12:02 | Editorial Dept

Libyan Oil Sabotage: The Next Phase Nearly one-third of Libya’s oil output was taken offline for three days this week after a pipeline was sabotaged from the giant Al-Sharara field,…

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