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Bloodbath In Oil & Gas Stocks Could Continue

Bloodbath In Oil & Gas Stocks Could Continue

The plunge in energy stocks…

Global Intelligence Report - 4th January 2019

Global Intelligence Report - 4th January 2019

The U.S. military withdrawal from…

Energy / Energy-General

Oil Buyers’ Market In Asia Set To Continue

Oil Buyers’ Market In Asia Set To Continue

Jan 03, 2019 at 11:54 | Irina Slav

With all the oversupply concern among oil traders, the buyers’ market in Asia is likely to remain strong this year, S&P Global Platts reports today, citing local traders. Everyone…

Oil Is At The Mercy Of Financial Markets

Oil Is At The Mercy Of Financial Markets

Jan 02, 2019 at 14:17 | Nick Cunningham

Oil prices regained more ground on Wednesday, pushed higher after equity markets rebounded from an initial selloff at the start of 2019 trading. The price gains are not entirely convincing.…

The Next Big Step In Oil And Gas Tech

The Next Big Step In Oil And Gas Tech

Jan 02, 2019 at 13:55 | Irina Slav

The oil industry, it seems, has gone all-in on digital technology, having gotten an early taste of how much various solutions can influence its cost discipline and bottom lines. Last…

Oil Begins New Year With A Loss

Oil Begins New Year With A Loss

Jan 02, 2019 at 09:04 | Irina Slav

Crude oil trading in the new year began with a slide, with Brent crude trading at US$53.12 a barrel at the time of writing, down 1.26 percent, and West Texas…

Oil Tanker Firms Scrap Most Ships In Three Decades

Oil Tanker Firms Scrap Most Ships In Three Decades

Dec 31, 2018 at 11:50 | ZeroHedge

Companies around the world have scrapped a record number of large crude tankers in 2018. About 100 vessels of the industry’s main crude carriers have been sent to India and Bangladesh for demolition, according to data from Clarkson Research…

Low Oil Prices Could Cripple Texas Job Growth

Low Oil Prices Could Cripple Texas Job Growth

Dec 28, 2018 at 12:32 | Nick Cunningham

Job growth in Texas is not exactly screeching to a halt, but low oil prices could start to lead to weaker employment figures.  “The Texas labor market will likely tighten…

Oil Markets Brace For A Rebound

Oil Markets Brace For A Rebound

Dec 28, 2018 at 12:25 | Jim Hyerczyk

Crude oil and natural gas futures are sharing a similar pattern this week. Both markets reached their lows early on before sitting in a range the rest of the week.…

Mexican Army Starts Major Crackdown On Fuel Theft

Mexican Army Starts Major Crackdown On Fuel Theft

Dec 28, 2018 at 12:23 | Tsvetana Paraskova

Mexico’s military have taken control over 58 key fuel installations in the country, including refineries, upon orders by new President Andres Manuel Lopez Obrador, who has vowed to fight…

Oil Prices Set To Rebound In 2019

Oil Prices Set To Rebound In 2019

Dec 28, 2018 at 12:22 | Tom Kool

Crude prices finished off the year with a small rally, and analysts are suggesting oil could climb even higher in the coming months.  (Click…

U.S. Rig Count Rises As Canadian Drillers Prepare For Winter

U.S. Rig Count Rises As Canadian Drillers Prepare For Winter

Dec 28, 2018 at 12:18 | Julianne Geiger

Coming off a rather abysmal week for oil prices, Baker Hughes reported a 3-rig increase for oil and gas in the United States this week. The total number of active…

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