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Energy / Energy-General

Are Hedge Funds Expecting A Permian Bubble?

Jun 21, 2017 at 13:52 | Tsvetana Paraskova

Last year’s OPEC deal to cut production managed to lift oil prices and stabilize them around US$50 for most of the first quarter this year. The higher price of oil…

Why Is Saudi Arabia Desperate For Higher Oil Prices?

Jun 20, 2017 at 16:40 | Gregory Brew

As OPEC’s most significant member and one of the largest crude oil producers in the world, Saudi Arabia typically exerts considerable power over global energy market trends. Yet for the…

Is $40 Oil On The Horizon?

Jun 20, 2017 at 13:52 | Tom Kool

Despite a busy week in oil news, prices are hovering around the mid-$40s mark as inventories remain high and production from OPEC members Libya and Nigeria ramps up.

Exxon Moves Forward With Offshore Guyana Project

Jun 20, 2017 at 11:44 | Oil & Gas 360

Phase 1 will produce 450 MMBO ExxonMobil (ticker: XOM), Hess (ticker: HES) and CNOOC today announced FID for Phase 1 development of the Liza field in offshore Guyana. Initially discovered…

Oil Markets Unmoved By Brewing Conflict In The Middle East

Jun 19, 2017 at 15:48 | Nick Cunningham

The political standoff in the Middle East between Qatar and other powers in the Middle East enters its third week, and the conflict shows no signs of abating. On June…

What’s Wrong With The U.S. Oil Export Boom

Jun 19, 2017 at 15:48 | Arthur Berman

The lead editorial in Friday’s Wall Street Journal was pure energy nonsense.’ “Lessons of the Energy Export Boom” proclaimed that the United States is becoming the oil and gas…

Saudis Foil Attack By Unknown Enemy On Offshore Oil Field

Jun 19, 2017 at 11:44 | Cyril Widdershoven

After last week’s attack on several vessels in the Bab Al Mandab, Middle East offshore oil operations again have been hit. According to Saudi Arabia’s national news agency SPA an…

Déjà Vu: Shale To Kill Oil Prices Once Again

Jun 16, 2017 at 17:44 | Nick Cunningham

The U.S. shale industry is in danger of killing of the very rally that it had hoped to take advantage of. Shale production is up more than 700,000 bpd since…

Are Russia And The Saudis Planning A Natural Gas Cartel?

Jun 16, 2017 at 17:40 | Cyril Widdershoven

The fledgling production cut strategy of OPEC (Saudi Arabia) and non-OPEC (Russia and the FSU) shows that a new strategy is needed to counter the ongoing doubts in the markets.…

Why Romania Can’t Privatize Its Energy Sector

Jun 16, 2017 at 17:30 | Shadow Governance Intel

Romania’s energy sector is characterised by the influence that the state continues to exert. Despite initiating several privatisation processes following the collapse of the Soviet Union, these have consistently been…

Is The U.S. Utility Industry Breaking Free From Its Death Spiral?

Jun 16, 2017 at 17:26 | Leonard Hyman & William Tilles

The U.S. investor owned electric utility industry raked in the money in 2016. According numbers just re-leased by industry trade group the Edison Electric Institute (EEI), pretax operating income (operating…

Germany, Austria Slam U.S. Sanctions Against Russia

Jun 16, 2017 at 17:21 | ZeroHedge

Less than a day after the Senate overwhelmingly voted to impose new sanctions against the Kremlin, on Thursday Germany and Austria - two of Russia's biggest energy clients in…

As Production Cuts Fail To Raise Prices, Saudis Look At Exports

Jun 16, 2017 at 17:20 | Oil & Gas 360

Crude oil prices hit a five-week low Wednesday as OPEC production rose and U.S. inventories showed smaller than expected draws. OPEC has been trying to bolster oil prices with a…

Despite OPEC’s Best Efforts Oil Inventories Have Grown

Jun 16, 2017 at 16:42 | Editorial Dept

Friday June 16, 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 - 16th June 2017

Jun 16, 2017 at 16:37 | Editorial Dept

Libya is getting closer to realizing its goal of boosting crude oil production to 1 million barrels per day after it struck an agreement with German Wintershall that led to…

Natural Gas Recovers As Oil Bulls Hope For A Short Covering Rally

Jun 16, 2017 at 16:32 | Jim Hyerczyk

Weekly September Natural Gas Recap September natural gas futures jumped over 4 percent on Thursday after a government report showed a smaller-than-expected inventory increase. The rally caught the mostly short…

Can Oil Come Back From Its Longest Losing Streak In Years?

Jun 16, 2017 at 13:59 | Tom Kool

Oil prices recovered somewhat in Friday’s trading session as markets reacted stoically on another rise in the U.S. rig count. (Click to enlarge)

No Respite For Oil Prices As U.S. Rig Count Gains, Canada Adds 27 Rigs

Jun 16, 2017 at 12:23 | Julianne Geiger

The number of active oil and gas rigs in the United States rose again this week by 6—making 22 weeks of gains, continuing the longest growth streak in oil…

Yemen War Threatens Crucial Oil Chokepoint

Jun 15, 2017 at 16:56 | Zainab Calcuttawala

The Bab al-Mandan strait, which facilitates the transfer of 4 million barrels of oil to Middle Eastern markets everyday, has become increasingly contentious over the past few weeks as…

Is China Inflating Its EV Sales?

Jun 15, 2017 at 15:01 | Jon LeSage

While China is being applauded as the world’s leading market for battery electric and plug-in hybrid vehicle sales, automakers are becoming frustrated over how to actually carry out a profitable…

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