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U.S. Drilling Activity Inches Up

U.S. Drilling Activity Inches Up

The total number of active…

Energy / Energy-General

The Real Reason Behind The Next Oil Squeeze

Aug 13, 2018 at 17:09 | David Messler

The last quarter has seen increased volatility in oil prices, an increase that I attribute to the growing tensions in international markets as fears of a global trade war intensify.…

Deciphering The New Caspian Agreement

Aug 13, 2018 at 16:08 | Viktor Katona

It took more than 20 years for littoral states of the Caspian Sea to reach an agreement that would lay the legal foundations for the full utilization of the region’s…

Philippines Cracks Down On Fuel Pirates

Aug 13, 2018 at 14:20 | Tim Daiss

Oil smuggling has been a thorn in the side of the Philippine government for decades, with both overt oil smuggling, the transfer of oil cargoes from one vessel to another…

The Real Leader In Global Energy Production

Aug 13, 2018 at 13:44 | Robert Rapier

Last week President Trump spoke to business leaders at a dinner. Daniel Dale, the Washington correspondent for the Toronto Star, posted several tweets about the dinner. In one, he

Can China Afford To Slap Tariffs On U.S. Oil?

Aug 13, 2018 at 12:33 | Irina Slav

Chinese refiners and the U.S. oil industry welcomed a decision by Beijing last week to exclude crude oil exports from a list of goods worth US$16 billion, on which China…

Are The Saudis Involved In The Tesla Buyout Plan?

Aug 13, 2018 at 09:30 | Tsvetana Paraskova

A few days after Elon Musk shocked Wall Street and investors by tweeting that he would take Tesla private at $420 a share, speculation is still high on who…

Global Oil Supply Could Become ‘’Very Challenging’’

Aug 10, 2018 at 16:43 | Nick Cunningham

The oil market has experienced a “cooling down” this summer as global supply disruptions have eased at a time when demand has also slowed a bit, according to a new…

What Happens To Syrian Oil Post-Civil War?

Aug 10, 2018 at 16:40 | Vanand Meliksetian

Seven years into the Syrian civil war and hundreds of thousands of casualties, the conflict is presumably entering its final stage. At the start of the uprising during the Arab…

Lack Of Consolidation Harms Canada’s Oil Patch

Aug 10, 2018 at 16:40 | Jon LeSage

Canada’s oil and gas market is profiting from the rally in oil, but in the meantime it has diluted opportunities for some much needed consolidation that could give it a…

Southern Company Just Raised Cost Estimates For This Megaproject Again

Aug 10, 2018 at 16:37 | Leonard Hyman & William Tilles

Southern Company's Georgia Power subsidiary announced yet another increase in the estimated cost to complete the Vogtle 3 and 4 nuclear units. At this moment this is the only ongoing…

Buying The Dip In Oil And Gas

Aug 10, 2018 at 16:31 | Dan Dicker

It’s so hard to be consistent as an energy analyst and trader – there’s truly no other sector with so much of the economy riding on it that seems to…

Dollar Strength Is Likely To Cap Oil Price Gains

Aug 10, 2018 at 16:30 | Martin Tillier

This morning, my old stomping ground of forex is making a rare appearance in the news. The problems in Turkey and the actions of the Erdogan regime caused the dollar…

Is Saudi Arabia Misleading The Oil Market?

Aug 10, 2018 at 16:30 | Editorial Dept

Friday August 10, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Trade War Fears Could Keep WTI Under $70

Aug 10, 2018 at 16:29 | Jim Hyerczyk

September U.S. West Texas Intermediate crude oil futures oil is poised to finish the week about 2.40 percent lower with most of the week’s loss attributed to a steep one-day…

Global Energy Advisory – 10th August 2018

Aug 10, 2018 at 16:29 | Editorial Dept

U.S. shale producers are raising their capital spending, encouraged by price optimism amid returning sanctions against Iran. Prices are likely to strengthen further in the coming months as well, after…

Oil Prices Take A Breather As Supply Jumps

Aug 10, 2018 at 13:07 | Tom Kool

More supply from Russia and Saudi Arabia has weighed on oil prices this week, but with oil sanctions on Iran looming, markets remain bullish.…

U.S. Drillers Add Double Digit Oil, Gas Rigs

Aug 10, 2018 at 12:21 | Julianne Geiger

Baker Hughes reported an increase to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs increased by 13 rigs, according…

Analysts: SPR Release Won’t Lower Gasoline Prices

Aug 10, 2018 at 10:58 | Tsvetana Paraskova

Even if the U.S. Administration decides to release crude oil from the Strategic Petroleum Reserve (SPR), American drivers are unlikely to see gasoline prices coming down, because U.S. refiners already…

Goldman: Trade War Won't Crash Oil Prices

Aug 10, 2018 at 09:11 | Irina Slav

In spite of the ongoing—and worsening—trade spat between the United States and China, Goldman Sachs has maintained its price forecast for West Texas Intermediate at US$70 for this year, CNBC…

Saudi Energy Minister: Canada Row Won’t Affect Oil Exports

Aug 09, 2018 at 11:55 | Irina Slav

An ongoing diplomatic row between Saudi Arabia and Canada will not affect crude oil exports from the Kingdom, Energy Minister Khalid al-Falih said, adding that Riyadh’s policy has always been…

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