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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy / Energy-General

EU Exposed: Imports Account For 88% Of All Crude In EU

Aug 10, 2016 at 09:18 | Erwin Cifuentes

Russian providers dominate the amount of oil imported to the European Union (EU) and most imports are from “unstable countries”, according to data from a new study provided…

This Billionaire Could Change The Resource Industry Forever

Aug 09, 2016 at 15:04 | Michael McDonald

There have been cheesy stories about super villains threatening to blow up the moon for decades, but the idea is about to become a little less crazy. A…

Oil Volatile As Traders Debate OPEC Versus Excess Supply

Aug 09, 2016 at 13:34 | Evan Kelly

Oil prices looked choppy on Tuesday morning after a rapid rise on Monday coming from optimism over a possible OPEC action to constrain output.

OPEC Rumors Continue To Support Oil Prices

Aug 09, 2016 at 10:08 | Matt Smith

As the latest inventory report comes back into focus, and as OPEC murmurs and rumors persist, oil prices are rallying once more – further aided by a pinch…

The Consequences Of Big Oil’s Exploding Debt

Aug 08, 2016 at 16:35 | Tsvetana Paraskova

How do you ride out low oil prices and still pay dividends and CEO salaries? You double down on debt, apparently. All oil majors posted plunging profits or…

Bout Of Short Covering Propels Oil Prices

Aug 08, 2016 at 11:23 | Matt Smith

As renewed rumors and murmurs rise up of another OPEC production freeze meeting, it is having the desired effect that certain OPEC members would want: oil is rallying…

UK Shale Gas Royalties May Go Directly To Residents

Aug 08, 2016 at 10:32 | Lincoln Brown

Theresa May, the new Prime Minister of the UK, has announced a plan to pay more shale gas proceeds to residents than was originally planned. The new…

The Rumors Are Back! Oil Rallies On OPEC Chatter

Aug 08, 2016 at 10:18 | ZeroHedge

Oil prices rose Monday as modestly stronger margins for refiners provided support to the market despite the continuing glut of crude supply. The October contract for global benchmark…

Mexico Made $3 Billion From Oil Hedging In 2016 – What is Their 2017 Strategy?

Aug 06, 2016 at 10:20 | Erwin Cifuentes

Mexico is about to reap at least US$3 billion this year based on its sovereign oil hedge after having received a record US$6.4 billion in 2015. It is expected…

The Hyperloop One Lawsuit: A View From Within

Aug 06, 2016 at 10:10 | Michael McDonald

After my commentary about the explosive Hyperloop One accusations by Brogan Bambrogan recently, company representatives reached out to tell their side of the story. Hyperloop One is…

Post Coup: Gazprom Still Eager To Complete Turkish Stream

Aug 05, 2016 at 22:02 | The Jamestown Foundation

On June 27, Russian President Vladimir Putin received a letter from President of Turkey Recep Tayyip Erdo?an, expressing Turkey’s willingness to restore ties with Russia (Kremlin.ru, June…

Is The Time Right For Solar Stocks?

Aug 05, 2016 at 19:02 | Michael McDonald

With the economy as weak as it is now, there aren’t many good growth industries. The most commonly cited growth industry might be biotech, but the multiples in…

Speculators And Analysts Grow More Bearish On Oil

Aug 05, 2016 at 18:56 | Editorial Dept

Friday, August 5 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…

Global Energy Advisory August 5th 2016

Aug 05, 2016 at 18:08 | Editorial Dept

Politics, Geopolitics & Conflict The purge in Turkey is continuing and gathering pace, as it expands into more industries. Last week, President Erdogan shut down more than 100…

Markets Adjusting ‘’Violently’’ From 8 Week Plunge

Aug 05, 2016 at 15:48 | Jim Hyerczyk

September Crude Oil futures are poised to close higher for the week, signaling a shift in momentum back to the upside, after a prolonged move down in terms…

Oil Correction Stalls On Strong Dollar, Rising Rig Count

Aug 05, 2016 at 14:24 | Evan Kelly

Oil prices reversed on Friday morning after a strong rally on Wednesday and Thursday while U.S. oil production continued to fall after a few weeks of respite.

Oil Reverses As Dollar Spikes On Strong Job Report

Aug 05, 2016 at 11:41 | Matt Smith

Welcome to another Nonfarm Friday! As job creation last month was much better than consensus (255,000 jobs created versus 180,000 expected, with an upward revision to prior data…

Yahoo Messenger Shuts Down: Oil Traders Looking For New Ways To Communicate

Aug 05, 2016 at 09:38 | Lincoln Brown

Yahoo Messenger is shutting down, leaving oil and gas traders, once dependent on Yahoo Messenger, looking for a new means of communication. The service was still active when the…

China’s Energy Sector About To Open Up For Foreign Investment

Aug 05, 2016 at 09:29 | Dave Forest

This past March, I wrote about some intriguing comments from the Chinese government. Suggesting that the nation might be on the verge of opening major opportunities in…

Despite Low Oil Prices, Saudi Arabia Stabilizing Economy

Aug 04, 2016 at 14:54 | Nick Cunningham

The Saudi economy is stabilizing after the government implemented pivotal reforms in order to address a fiscal and economic crisis because of plunging oil prices. Over the past…

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