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Morgan Stanley Hikes Its Summer Oil Price Forecast to $94

Morgan Stanley Hikes Its Summer Oil Price Forecast to $94

Geopolitical tensions and tighter supply…

Energy / Energy-General

Is The Natural Gas Rally Over?

Jun 24, 2016 at 15:30 | Jim Hyerczyk

August Natural Gas futures surged to the highest level since the week-ending October 16, 2015 earlier in the week, but sellers came in at $2.812 to stop the…

What Are The Long Term Consequences Of The Brexit

Jun 24, 2016 at 15:06 | James Stafford

We begin with a look at the key data for the oil and gas industry this week, which shows the impact of the Brexit vote on the oil…

What The Brexit Result Means For The UK Oil And Gas Industry

Jun 24, 2016 at 14:37 | Chris Smith

Britain has woken up this morning to the news that it will be leaving the European Union. The decision, won by a majority of just four percent, is…

Rig Count Down By Three After Three Week Rally

Jun 24, 2016 at 14:22 | Zainab Calcuttawala

The number of active U.S. oil rigs dipped by 7 this week, after increasing by 9 last week, and 3 the week before. Natural gas rigs were up…

Oil Markets Caught By Surprise

Jun 24, 2016 at 10:37 | Matt Smith

And as the world comes to terms with the news that the U.K. has voted to leave the E.U., the oil market is getting a wop bop a…

Chinese Demand For Molybdenum Is Up 89.4% This Year

Jun 24, 2016 at 10:15 | Dave Forest

There’s been a lot of concern lately over slowing Chinese demand for commodities. But news this week shows that one metal is bucking that trend — and seeing…

Oil Tumbles As Britain Votes Out

Jun 24, 2016 at 09:38 | Lincoln Brown

Oil prices reacted poorly when the news came that UK voters had opted on Thursday to leave the European Union. Futures for crude oil took a definite…

Devastating News For OPEC As Oil Revenues Hit A 10-Year Low

Jun 24, 2016 at 08:55 | Julianne Geiger

OPEC oil export revenues took a $438 billion hit last year, according to OPEC’s 2015 annual report released on Wednesday. Despite the poor showing in OPEC revenues,…

Potash Price Surge Could Lead To Higher Food Costs For Billions

Jun 23, 2016 at 18:15 | Simon Harlow

We are on the precipice of a food fight among 7 billion people, and potash will be right at the center of it. If you can add 200,000 people every…

Oil Prices Could Spike As Analysts See Venezuela Losing 500,000 bpd

Jun 23, 2016 at 16:11 | James Burgess

Oil prices have surged by more than 80 percent since February on the back of unexpected supply disruptions. But the market could be missing yet another potential supply…

Are Natural Gas Prices About To Fall?

Jun 23, 2016 at 15:56 | Nick Cunningham

The market for natural gas in the United States continues to seesaw back and forth, with a recent bout of optimism threatened to be dashed as inventories climb…

Hedge Funds Uncertain Of Further Oil Price Increase

Jun 23, 2016 at 15:12 | Rakesh Upadhyay

The oil rally is facing considerable resistance at the $50 per barrel levels, and hedge funds have closed 63 million barrels of long positions—a reduction of 10 percent—in…

Australia Positioned For Asian Plastics Boom

Jun 23, 2016 at 15:05 | Irina Slav

Oil executives are rightly wondering whether their business faces long-term threats from alternative energy sources. But for many years to come, the world will still need large volumes…

Oil Flying High On Remain Expectations

Jun 23, 2016 at 12:53 | Matt Smith

As the pound pushes on, equities rally, and bonds sell off, oil is being propelled higher by an expectation for a ‘remain’ vote coming through in…

Where Oil Will Go On Brexit Day

Jun 23, 2016 at 11:04 | Energy Voice

As Britons head to the voting booths to determine whether or not to continue their existing relationship with the European Union, the impact of the outcome…

U.S. Shale Producers Just Won Their Biggest Legal Case In Years

Jun 23, 2016 at 09:58 | Dave Forest

Fracking is once again becoming a hot topic in the oil and gas world., with Germany moving Tuesday to impose an indefinite ban on the…

The Oil Glut Is Over, Says World’s Most Powerful Oil Man

Jun 22, 2016 at 17:21 | Charles Kennedy

Newly appointed Saudi Oil Minister Khalid Al-Falih declared the oil glut over during a visit to Saudi Aramco facilities in Houston, Texas, today. Speaking to the Houston Chronicle about the oil…

Shell’s Ambitious Plan To Topple Exxon

Jun 22, 2016 at 17:17 | Rakesh Upadhyay

Ben Van Beurden, Chief Executive Officer of Royal Dutch Shell has laid out an ambitious plan to overtake ExxonMobil as the number one oil company in…

Google And Uber Threatening Car Industry Giants

Jun 22, 2016 at 16:16 | Michael McDonald

Rarely has there been an industry as stable as the car industry. Except for design modifications, the basics of the automobile as a product haven’t changed…

NASA May Have Just Transformed Aviation With 100% Electric Plane

Jun 22, 2016 at 16:05 | Irina Slav

The price of humankind taking to the air has been high. Many see aviation as a major culprit for climate change, and for a good…

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