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The Oil Price Rally Has Stalled... For Now.

The Oil Price Rally Has Stalled... For Now.

Oil prices have been climbing…

Brent Breaks Above $91 as Bullish Sentiment Builds

Brent Breaks Above $91 as Bullish Sentiment Builds

Oil prices continued to rally…

Energy / Energy-General

Two Countries Could Push Oil Over $50

Aug 23, 2017 at 16:58 | Nick Cunningham

Oil has been struggling to break above $50 per barrel for months, but there are two reasons why prices could be heading north in the next few months: Venezuela and…

Is OPEC Throwing In The Towel On U.S. Market Share?

Aug 23, 2017 at 15:36 | Matt Smith

Oil prices are rallying post-EIA report as today's crude draw was joined by a drop in gasoline inventories. Although waterborne imports were strong last week, OPEC flows to the U.S.…

Nigeria’s Oil Industry Overhaul

Aug 23, 2017 at 14:14 | Shadow Governance Intel

Although Nigeria is Africa’s largest oil and gas producer, its petroleum sector has long suffered from frequent scandals, severe mismanagement and a lack of coherent guidelines and regulations. Furthermore, Nigeria’s…

Libya’s Largest Oilfield Offline, Amid Uncertainty, ISIS Beheadings

Aug 23, 2017 at 11:47 | Irina Slav

Libya’s largest oilfield, the Sharara, remains offline despite contradictory news reports this morning suggesting that exports would resume. Weighing in on oil price uncertainty, market watchers have been in a…

Could The Battery Boom Lead To A Lithium Shortage?

Aug 22, 2017 at 14:13 | Gregory Brew

The battery boom shows no signs of slowing down, as demand for lithium-based electric batteries continues to grow worldwide. With forecasts indicating a significant rise in the world’s electric…

Strong Inventory Draws Suggest OPEC Deal Is Working

Aug 22, 2017 at 13:14 | Tom Kool

Oil prices are stagnant, however a strong inventory draw suggests that the OPEC cut may be having an impact on oil markets.  (Click to…

Blockchain Tech Could Disrupt The Oil Industry

Aug 18, 2017 at 15:34 | Michael Kern

As the price of oil remains in the high-$40, low-$50 range, every cog in the oil industry is scrambling to reduce costs and streamline sales. The oil industry has long…

How To Play The Imminent Rebound In Oil Prices

Aug 18, 2017 at 15:01 | Dan Dicker

In my last column, I pointed out the lockstep insanity being followed by US oil companies in increasing production, no matter whether or not the end product was profitable in…

Weakness In This Stock Defies Logic

Aug 18, 2017 at 14:59 | Martin Tillier

One of the most common mistakes made by traders and investors is the assumption that the market that they are in is logical. They think that, with all the money…

Are Crude Inventories Falling Fast Enough?

Aug 18, 2017 at 14:59 | Editorial Dept

Friday August 18, 2016 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…

Global Energy Advisory 18th August 2017

Aug 18, 2017 at 14:55 | Editorial Dept

British Columbia’s government, in keeping with its election promise, has moved to stop the expansion of the Trans Mountain oil pipeline that would have catered to the growing production of…

Are We Looking At A Trend Reversal For Crude?

Aug 18, 2017 at 14:55 | Jim Hyerczyk

The fundamentals have been light this week, but prices have been active. This is because of the increased volatility in other financial markets, specifically the stock market and the U.S.…

Oil Prices Lag In Spite Of Strong Inventory Draws

Aug 18, 2017 at 14:55 | SCS OTC Corp

-Global crude oil inventories are drawing rapidly. US crude supplies have dropped from 536m on in late March to 466m (a 20-month low) as of last week implying average daily…

Oil Prices Boosted By String Of Bullish News

Aug 18, 2017 at 13:31 | Tom Kool

Friday, August 18, 2017 Oil prices rose on Friday afternoon amid a flurry of bullish news. A sign that traders are regaining confidence in the market. 

Oil Prices Climb As Oil Rig Count Drops

Aug 18, 2017 at 12:25 | Julianne Geiger

The number of active oil and gas rigs in the United States fell this week by 3 rigs as drillers in the United States proceed more cautiously as oil prices…

Citi: U.S. Shale Beats OPEC At $40 Oil

Aug 17, 2017 at 12:48 | Irina Slav

Citigroup has said that U.S. shale will prevail over OPEC because of its higher resilience to low prices and OPEC’s losing strategy of cutting output and losing revenues and market…

The Single Biggest Bullish Catalyst For Oil

Aug 16, 2017 at 16:01 | Nick Cunningham

One of the key objectives for OPEC is to bring down inventories, a goal that has been elusive this year. But if the oil futures curve is anything to go…

IEA: OPEC Must Extend Cuts To Balance Oil Markets

Aug 15, 2017 at 15:47 | Nick Cunningham

U.S. shale is poised to outlast OPEC. It has long been the suspicion of many oil market analysts that the U.S. shale industry was likely too nimble for OPEC to…

Can Oil Sanctions Cripple North Korea’s Army?

Aug 15, 2017 at 15:31 | Tsvetana Paraskova

In response to Pyongyang’s latest nuclear missile tests, the world is stepping up sanctions on North Korea with bans on its mining, manufacturing, and seafood exports. The latest round of…

The Oil Price Tug Of War

Aug 15, 2017 at 13:37 | Tom Kool

Oil prices remain in a game of tug of war as conflicting news sends both the bears and the bulls to the sidelines. (Click to…

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