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Energy / Energy-General

Is $50 Oil Still Realistic?

Jun 08, 2017 at 14:55 | Nick Cunningham

Oil prices have plunged back to levels not seen since OPEC announced its original production cut deal last November. Prices have been falling since the group extended their cuts for…

Can Trump Solve The Gulf Dispute?

Jun 08, 2017 at 14:54 | Zainab Calcuttawala

The buddy-buddy vibe of Gulf countries working together in OPEC has served as a band-aid that has covered up friction between the monarchies for the past couple of years, but…

Canada’s Oil Sands Open Up To Chinese Investment

Jun 08, 2017 at 14:35 | Tsvetana Paraskova

Canada is inviting Chinese companies to invest in its oil sands, Canada’s Natural Resources Minister Jim Carr said on Thursday, after an exodus in the past few months saw…

China's Crude Demand Soars As Maintenance Season Comes To An End

Jun 08, 2017 at 11:47 | ZeroHedge

Thanks to a 13 percent surge in crude imports (as refiners prepare for maintenance season), China's trade surplus hit its highest since Jan (though -4 percent YoY). Imports (+14.8 percent…

Is The Electric Car Boom Overhyped?

Jun 08, 2017 at 11:03 | City A.M

The number of electric vehicles on the road surged to two million last year, according to the International Energy Agency (IEA). Registered plug-in and battery-powered vehicles on roads worldwide rose…

Hydrocarbon King: U.S. Ranks No.1 In 2016

Jun 08, 2017 at 09:26 | Oil & Gas 360

Decreasing production in 2016 not enough to dethrone U.S. oil and gas industry Despite the lowest commodity prices in 13 years, U.S. oil and gas production in 2016 continued to…

Is Russia Running Out Of Patience With OPEC?

Jun 07, 2017 at 17:02 | Viktor Katona

Fulfilling its promise to all other signatories of the Vienna deal, Russia has cut its crude production by 300 000 barrels per day. The relative ease with which both the…

JP Morgan Slashes Its 2018 Oil Price Forecast By $11

Jun 07, 2017 at 15:21 | Tsvetana Paraskova

The U.S. shale-vs-OPEC-cuts tale has been the predominant theme in oil markets this year, and like the cartel’s output cut, it will be rolling over into next year as well.…

How Oil Tech Saved This Permian Town

Jun 07, 2017 at 15:09 | Tsvetana Paraskova

While the oil price crash was forcing shale drillers to idle rigs, lay off workers, or go bust, some big producers continued to pump oil from conventional fields in the…

U.S. Oil To Break Production Record In 2018

Jun 07, 2017 at 11:08 | Oil & Gas 360

7.2 percent production growth coming in 2018: EIA The U.S. will break a 47-year record next year, according to the EIA, as shale production continues to recover from the global…

Oil Prices Collapse As The EIA Reports Unexpected Inventory Build

Jun 07, 2017 at 10:02 | Irina Slav

The Energy Information Administration poured ice cold water on the budding hope that inventory levels in the world’s largest oil consumer may be normalizing, by reporting a 3.3-million-barrel…

OPEC Production Spikes – Has The Cheating Begun?

Jun 07, 2017 at 09:16 | Tsvetana Paraskova

OPEC’s crude oil production increased by 270,000 bpd in May over April, to stand at 32.12 million bpd--the highest level since January this year--as exempt Libya and Nigeria saw their…

Bearish News Mounts For Oil Markets

Jun 06, 2017 at 12:21 | Tom Kool

The 9-month extension to the OPEC deal has had a surprisingly negative impact on oil prices, which headed downward once again at the start of the week due to the…

The Unlikely Alliance Between Russia And Saudi Arabia

Jun 06, 2017 at 10:48 | Metal Miner

It is something of an unholy alliance, but Russia and Saudi Arabia are becoming ever closer allies in a graphic example of realpolitik. The two would probably be implacable enemies…

Oil Markets Unshaken By Rising Geopolitical Tensions

Jun 06, 2017 at 09:49 | Matt Smith

As pockets of geopolitical tension leave the crude market neither shaken nor stirred, hark, today we dig into some of these hotspots to see what their energy flows look like,…

The Dark Side Of The Oil Tech Boom

Jun 05, 2017 at 15:58 | Haley Zaremba

As artificial intelligence becomes ever more attainable and tech start-ups continue to divide and multiply, traditional oilfield research and development is going the way of the buffalo. Drilling is still…

What Is Behind The Diplomatic Crisis In The Persian Gulf?

Jun 05, 2017 at 15:56 | Gregory Brew

A sudden diplomatic crisis broke out in the Persian Gulf on June 5, as a coalition of countries moved to isolate Qatar, the tiny oil and gas-rich emirate. In…

The Seismic Impact Of Self Driving Cars On Oil

Jun 05, 2017 at 14:57 | Irina Slav

All self-respecting automakers today have an electric car project. Most are either working on or considering an autonomous vehicle, too. E-cars are hot. Self-driving ones are even hotter. And according…

OPEC’s Next Move: Expanding The Cartel

Jun 05, 2017 at 11:11 | Irina Slav

OPEC is working on establishing a legal relationship with its partners in the crude oil production cut agreement. This would mean a larger oil cartel controlling possibly more than half…

How Brazil’s Latest Oil Gamble May Backfire

Jun 05, 2017 at 10:11 | Dave Forest

Last week I described my unplanned stop in Brazil, part of my recent jaunt through South America. Where a plane breakdown, an unfolding corruption scandal, and a massive strike by…

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