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Energy / Energy-General

Energy Storage Set To Boom In 2017

Feb 10, 2017 at 17:09 | Michael McDonald

The problem with today’s power grid isn’t the lack of electricity but rather the lack of it at certain times. The United States has progressively moved towards adding renewable energy…

The Tortoise Wins The Race: Utility Stocks Come In Ahead Of The Pack

Feb 10, 2017 at 17:08 | Leonard Hyman & William Tilles

According to Aesop, the plodding tortoise beat the swift hare to the finish line. Reports just released by the Edison Electric Institute (EEI), the industry’s trade group, show the electric…

Will Rising U.S. Production Drive OPEC Into A Corner?

Feb 10, 2017 at 16:53 | Robert Rapier

In an earlier article I addressed some of the skepticism around the recent production cuts enacted by OPEC. Today I want to consider in more depth the notion that…

Bulls Optimistic, But Pitfalls For Oil Remain

Feb 10, 2017 at 16:45 | Editorial Dept

Friday February 10, 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…

Trading Support/Resistance: A Lost Art

Feb 10, 2017 at 16:33 | Jim Hyerczyk

Some traders will tell you that March West Texas Intermediate crude oil had a volatile week. If you look at the price swings over a five-day period then yes, there…

Oil Rallies As Glut Fears Abate

Feb 10, 2017 at 15:21 | Evan Kelly

Oil prices rose on Thursday and Friday after booking some midweek losses as a result of exceptionally strong builds to U.S. crude inventories  …

U.S. Oil Rig Count Up On Rising Oil Prices

Feb 10, 2017 at 12:29 | Julianne Geiger

The number of active oil and gas rigs in the United States increased again on Friday by 12, taking aim at earlier gains to both WTI and Brent crude oil…

Oil Prices Head Higher On Positive Demand Outlook

Feb 10, 2017 at 11:48 | Matt Smith

A supportive IEA monthly report has encouraged a Friday rally for black gold, Texas tea. As prices ping around in their current tight trading range, approaching resistance once again, hark,…

Will Lebanese Oil And Gas Ignite The Country?

Feb 09, 2017 at 13:55 | Scott Belinksi

While the Eastern Mediterranean is well known for its major (and underexploited) gas reserves, Lebanon is the latest country in the region to join the oil rush, after Egypt’s…

Is Papa Too Late To The Permian Party?

Feb 09, 2017 at 13:51 | Tsvetana Paraskova

Veteran oil industry executive Mark Papa is back in the game and heading to the hottest shale play – the Permian – but he may be a little late to…

Nigeria Rescues Oil Tanker From High-Seas Pirates

Feb 09, 2017 at 13:06 | Damir Kaletovic

The Nigerian Navy has rescued an oil tanker from pirates near Bonny Island, even as the number of high-seas hijackers is at an 18-year low, according to the International…

Are These OPEC Members Sabotaging The Output Deal?

Feb 08, 2017 at 16:33 | Nick Cunningham

OPEC provide a shot in the arm for oil prices this week when S&P Global Platts reported a much higher than expected compliance rate for the month of June. So…

Can Natural Gas Rescue Algeria’s Ailing Economy?

Feb 08, 2017 at 16:01 | Zainab Calcuttawala

Algeria is paving the way for a stronger natural gas export profile in Europe, building off of preexisting relationships with Spain, Italy and Portugal, Forbes reported earlier this year.…

The Unlikely Alliance Between Trump And Saudi Arabia

Feb 08, 2017 at 14:52 | Precise Consultants

An unlikely supporter of U.S. President Donald Trump’s energy policies spoke out this week, and it’s really appropriate in this mad mad word of alternative facts and logic be damned,…

Time Bomb In Oil Markets: Goldman Sachs Issues Warning

Feb 08, 2017 at 11:54 | ZeroHedge

While energy traders remain focused on weekly changes in crude supply and demand, manifesting in shifts in inventory of which yesterday’s API data and today’s EIA data was a breathtaking…

It’s Time For Big Oil To Embrace The Digital Age

Feb 07, 2017 at 16:05 | Irina Slav

The 2014 oil price bust very quickly changed the agenda of the oil industry, prioritizing efficiency as a tool of keeping costs down. This emphasis on efficiency was the best…

Plunging Refining Margins See Oil Majors Disappoint In Q4

Feb 07, 2017 at 15:47 | Nick Cunningham

The fourth quarter of 2016 was a massive disappointment for the oil majors. Almost without exception, all of the largest publicly-traded oil companies in the world posted highly disappointing numbers,…

Latin America Growing More Dependent On U.S. Oil

Feb 07, 2017 at 14:15 | Michael McDonald

Crude production has slowed in parts of Latin America as oil majors struggle to pump for profits. Mexico and other Latin American countries have been relying more heavily on the…

Markets Remain Bullish On Oil Despite Growing Risks

Feb 07, 2017 at 14:05 | Evan Kelly

OPEC reportedly achieved a 91 percent compliance rate this week, with speculators reacting by amassing yet more bullish bets. The downside risk continues to grow in the short term however.

Electric Vehicles Will Be A Major Oil Price Driver In The Future

Feb 07, 2017 at 11:05 | Ron Patterson

Oil output (crude plus condensate or C+C) is likely to peak by 2020 (or may have peaked already in 2015 or 2016). Electric Vehicles (EVs) and Plugin hybrid electric vehicles…

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