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Why Morgan Stanley Says to Buy Energy Stocks Right Now

Why Morgan Stanley Says to Buy Energy Stocks Right Now

Morgan Stanley remains pessimistic about…

Energy / Energy-General

Oil Prices Plateau After OPEC Meeting

Sep 22, 2017 at 14:05 | Tom Kool

Oil markets had a neutral reaction to OPECs uneventful meeting, suggesting that, as Stephen Brennock suggested, the "bull market may be running out of steam." Friday, September 22, 2017

Oil Steady At $50 Amid Falling U.S. Oil Rig Count

Sep 22, 2017 at 12:39 | Julianne Geiger

The number of active oil and gas rigs in the United States fell this week by 1 rig.   The total oil and gas rig count in the United…

Expect A Flurry Of Oil Deals In This Asian Nation

Sep 22, 2017 at 11:00 | Dave Forest

Brazil president Michel Temer confirmed this week that state oil firm Petrobras will not be privatized. Ending speculation that the oil giant could be opened to foreign investment. 

North Sea Oil Sees Investment Rush

Sep 21, 2017 at 13:58 | Irina Slav

Hundreds of millions in decommissioning costs, field depletion, high taxes and low oil prices have been the highlights of media coverage of the UK’s North Sea oil industry. Yet the…

How Mexico’s Energy Reform Will Impact The U.S.

Sep 21, 2017 at 13:43 | Oil & Gas 360

Mexican imports of crude, gas and refined products rising quickly: country’s population growth rate is double OECD average The liberalization of Mexico’s energy sector has the potential for big impacts…

The Frac Sand Industry Has A Big Problem

Sep 21, 2017 at 13:03 | Kent Moors

As you know, everything is bigger in Texas – ranches, oil fortunes, trucks, you name it. But there’s a certain court case that’s becoming a really big thing… even by…

Hurricane Damage To Trigger Fuel Glut

Sep 21, 2017 at 09:01 | Irina Slav

Damage from hurricanes in the Caribbean, which sends a substantial amount of fuel oil to the U.S. Gulf Coast, could lead to a glut of the fuel, S&P Platts

Can Oil Prices Hit $60 In 2018?

Sep 20, 2017 at 14:56 | Nick Cunningham

With Brent oil prices hovering right around $55 per barrel—the highest level in months—the oil market has picked up momentum. There are plenty of pitfalls ahead, but the underlying fundamentals…

The OPEC Deal: Why Iraq’s Words Matter

Sep 20, 2017 at 14:45 | Nick Cunningham

OPEC could extend its production cuts through the end of 2018 in an effort to rebalance the market, according to comments from Iraq’s oil minister. A few OPEC members even…

Is Big Oil Going Green?

Sep 20, 2017 at 14:41 | Tsvetana Paraskova

Oil supermajors rank among the biggest polluters in the world—a hardly surprising fact. In recent years, however, Big Oil has reduced its greenhouse gas emissions, in what may come as…

EIA Report Kills Bullish Sentiment

Sep 20, 2017 at 10:01 | Irina Slav

Amid restarting refineries along the Gulf Coast and growing optimism about strengthening demand, the EIA dampened spirits somewhat by reporting a substantial increase in crude oil inventories for the…

Iraq Sees No Need For Further OPEC Oil Output Cuts

Sep 20, 2017 at 08:50 | Tsvetana Paraskova

Iraq doesn’t see a need for more collaborative oil production cuts currently, but it would support consensus within OPEC if such need arises, Iraqi Oil Minister Jabbar al-Luiebi said on…

Could Kurdish Independence Spark An Oil War?

Sep 19, 2017 at 17:01 | Zainab Calcuttawala

As the date of the Kurdish independence referendum approaches, oil industry moguls should be concerned about an oil production war between Iran and headless Iraq. The Kurds are expected to…

The Single Biggest Player In The Electric Car Market

Sep 19, 2017 at 10:58 | Metal Miner

The announcement by the U.K. and France that they would prohibit the production of diesel and petrol cars by 2040 made for good headlines, but came as little surprise when…

IEA: Price Spike Coming In 2020

Sep 18, 2017 at 15:51 | Nick Cunningham

The oil market has been awash in crude for more than three years, and OPEC has struggled to accelerate the rebalancing effort, but the world could be heading for a…

The Chinese Giant Taking Over Energy Markets

Sep 18, 2017 at 15:09 | Irina Slav

Last week’s announcement of the US$9-billion acquisition by Chinese CEFC of a more than 14-percent stake in Rosneft sent ripples across the oil industry and among commodity traders. The…

Oil Price Volatility Is Set To Return

Sep 18, 2017 at 09:28 | Irina Slav

Oil markets could experience more intense price volatility in the coming years because of insufficient investment in new production, according to the head of the International Energy Agency’s oil…

Sub-$50 Oil Could Kill Shale

Sep 15, 2017 at 16:56 | Nick Cunningham

Oil prices are at their highest levels in months on the back of strong demand and some key supply outages around the world. But the next price movements are unclear,…

Mexico’s 2018 Election Could Derail Its Oil Boom

Sep 15, 2017 at 16:56 | Tsvetana Paraskova

Three years ago, Mexico opened its energy sector to private investments in a landmark energy reform that ended more than seven decades of monopoly of its state firm, Pemex. Now…

BP Cuts North Sea Production Costs In Half

Sep 15, 2017 at 16:45 | Oil & Gas 360

Dudley credits standardization, simplification In a talk he gave last week at the Society of Petroleum Engineers Offshore Europe conference in Aberdeen, BP CEO Bob Dudley said his company has…

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