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OPEC+ Can Stop An Oil Rally To $100

OPEC+ Can Stop An Oil Rally To $100

The OPEC+ group could influence…

Energy / Energy-General

Oil Prices Rebound As Market Gains Momentum

Jul 07, 2017 at 17:22 | Editorial Dept

Friday July 7, 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…

The Deciding Factor For Oil Prices Next Week

Jul 07, 2017 at 17:07 | Jim Hyerczyk

September Crude Oil Weekly Recap September U.S. West Texas Intermediate crude oil futures are currently in a position to finish lower for the week as investors react to a rise…

Oil Price Rally Unwinds As Markets Doubt OPEC’s Intentions

Jul 07, 2017 at 14:29 | Tom Kool

This week’s oil price rally started to unwind on Friday as a result of rising OPEC exports, increasing U.S. shale output and a rising rig count.

Rig Count Climbs Higher After Last Week’s Intermission

Jul 07, 2017 at 12:25 | Julianne Geiger

The number of active oil and gas rigs in the United States rose again this week, this time by 12, resuming what was the US shale patch’s impressive run…

Russia Now Ready To Consider More Oil Output Cuts If Needed

Jul 07, 2017 at 09:22 | Tsvetana Paraskova

Just a day after Russia’s Energy Minister Alexander Novak said that the OPEC/non-OPEC production cut pact was working and that there was no need to make immediate additional moves, an…

Are Hedge Funds Falling Into An Oil Market Bear Trap?

Jul 06, 2017 at 16:22 | Tsvetana Paraskova

Oil prices have had a bumpy ride over the past month. On June 21, they hit a ten-month low amid concerns over rising supply from the U.S., Libya, and…

Texas Natural Gas Production Soars In June

Jul 06, 2017 at 15:16 | Ron Patterson

(Click to enlarge)Dean Fantazzini has provided me with updates to Texas Oil and Natural Gas estimates, the data shifted about a year ago…

Investors Benefit In Surprise Move From Canadian Oil Major

Jul 05, 2017 at 15:54 | Tsvetana Paraskova

While many oil companies doubled down on debt to maintain or even increase dividends while profits were hard to come by in the ‘lower-for-longer’ oil price world, Canada’s biggest oil…

Saudis Refuse To Relinquish Grip On Key Asian Market

Jul 05, 2017 at 13:13 | Tsvetana Paraskova

While it is cutting more than required in the OPEC deal, Saudi Arabia is not ceding its grip on its biggest Asian market—Japan—and is raising market share by selling more…

Big Oil Begs Congress Not To Sanction Russia

Jul 05, 2017 at 12:11 | Nick Cunningham

ExxonMobil, Chevron and other oil majors are lobbying the U.S. Congress not to move forward with legislation that would slap new sanctions on Russia over the latter’s interference in the…

Putin And Trump Set To Face Off Over NatGas Market Share

Jul 04, 2017 at 14:03 | ZeroHedge

One month ago, after the shocking collapse of the Gulf nation status quo with the announcement of the diplomatic, naval and financial blockade of Qatar by the Saudi alliance, we…

Markets Overcome The Crash: Oil Rally Continues

Jul 04, 2017 at 13:38 | Tom Kool

Fueled by a bout of short covering, oil prices continue to climb towards $50 as some analysts now see more upside than downside.

Is This Exxon’s Secret Weapon Against Electric Cars?

Jun 30, 2017 at 17:28 | Tsvetana Paraskova

Every now and then, an oil supermajor comes up with what they tout as a breakthrough in scientific research of renewable energy sources. This month, it was ExxonMobil’s turn to…

How Pipeline Contracts Are Crushing Some Producers

Jun 30, 2017 at 17:26 | Zainab Calcuttawala

The contract model for oil pipeline space has some North American producers locked into high per-barrel transportation rates, while others benefit from steep discounts pedaled in bearish markets, a new…

Is Rick Perry’s Opposition To Renewables Justified?

Jun 30, 2017 at 17:22 | Kent Moors

With the almost daily battles raging inside the Beltway over claims of “fake news,” it’s hardly surprising that energy hasn’t been spared. But what is surprising is the jarringly overt…

Is The Polish Shale Gas Industry Set For A Comeback?

Jun 30, 2017 at 17:11 | Gefira

Ten years have passed since the first concession to search for shale gas was issued. There were several problems of technological, economic and legal nature, which prevented Poland from becoming…

The Future Of Central Asia’s Unified Power Grid

Jun 30, 2017 at 17:07 | Eurasianet

Brutal winter weather in the late 2000s delivered a knockout blow to Central Asia’s unified power grid. Now, almost a decade later, tentative efforts are underway to promote a comeback…

An Old But Apt Market Cliché Suggests Buying XOM

Jun 30, 2017 at 16:54 | Editorial Dept

Among the multitude of market clichés, perhaps the most tired of all is the old axiom that traders and investors should buy low and sell high. It is a classic…

Speculators Vulnerable To Short-Covering Rally

Jun 30, 2017 at 16:50 | Editorial Dept

Friday June 30, 2017 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…

Oil Rallies On Profit Taking, But Can It Hold Onto Gains?

Jun 30, 2017 at 16:34 | Jim Hyerczyk

August West Texas Intermediate Crude Oil Futures August West Texas Intermediate crude oil futures are set up for a solid close this week. A combination of profit-taking and short-covering has…

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