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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy / Energy-General

Can Supply Outages Drive Oil To $50?

May 17, 2016 at 13:26 | Evan Kelly

Looking at the critical figures and data in the energy markets this week, we see oil prices nearing $50 dollars as supply outages continue and U.S. production declines.

Oil Edges Higher Ahead Of Weekly Inventory Report

May 17, 2016 at 10:19 | Matt Smith

One hundred and forty-one years to the day after the first Kentucky Derby was run, and crude oil’s gallop higher has now slowed to a trot. As focus…

Does Tesla Care About Its Stock Price?

May 16, 2016 at 12:55 | Michael McDonald

It has been a rough month for Tesla with the stock down almost 25 percent in recent weeks. Yet for all of the pain for Tesla shareholders, the company…

Saudi Arabia Loses Top Credit Rating from Moody’s

May 16, 2016 at 11:42 | Charles Kennedy

Low oil prices continue to take a toll on oil producers in the Middle East. The latest sign of trouble comes from Moody’s Investors Service, which cut its…

Oil Climbs Higher As Goldman Sachs Sees Glut Shift To Deficit

May 16, 2016 at 10:31 | Matt Smith

Thirty-one years after Michael Jordan was named Rookie of the Year in the NBA, and supply outages are ensuring that a rally is a slam dunk for oil today. Here…

Elon Musks Hyperloop Inches Forward With First Successful Test

May 13, 2016 at 18:03 | Irina Slav

Imagine a fossil-fuel independent world where those who don’t want to give up their road autonomy drive electric cars, while those who need to get from…

Fracking: Oklahoma’s New F-Word

May 13, 2016 at 17:52 | Irina Slav

Fracking in Oklahoma, as well as elsewhere, has been on the decline, thanks to the oil price slump. Quakes, however, are continuing at alarming rates. A…

The East Texas Basin Continues To Surpass Expectations

May 13, 2016 at 17:52 | Drilling Info

The East Texas Basin, a rather large Jurassic-Aged basin containing a number of hydrocarbon-bearing formations stretched across the northern part of East Texas and West Louisiana,…

Bakken Output Continues To Fall Along With Rig Count

May 13, 2016 at 17:32 | Ron Patterson

The North Dakota Oil Production Stats are out. North Dakota crude oil production was down just less than 10,000 barrels per day.

EU Energy: Only Adversaries To Choose From

May 13, 2016 at 17:02 | Gefira

(Click to enlarge)Currently, less than half of the EU’s gas demand is…

Why Oil Prices Increased Despite Doha Disaster

May 13, 2016 at 16:55 | Demostenes Floros

In April, oil prices significantly increased by around 20 percent. In particular, Brent opened at $38.69/b and closed at $47.32/b (monthly high, $48.50/b), while WTI opened…

How Oil Prices Are Impacted By Storage Logistics

May 13, 2016 at 16:50 | Drilling Info

Macroeconomic investors in financial products such as oil futures contracts speculate on commodity pricing trends. Because their participation in markets is purely financial, speculators, notably hedge…

Slow Rebound In Oil May Trigger Another Bankruptcy Wave

May 13, 2016 at 16:39 | Michael McDonald

Many investors have started to jump back into the oil sector in recent weeks based in large part on the slow upward grind in oil prices.…

Why The Sustained Bull Run On Oil Hasn’t Materialized

May 13, 2016 at 16:35 | Martin Tillier

It is, I’m sure, puzzling to a lot of people that after hearing so much news supportive of oil prices this week WTI has failed to…

Contango Shrinks But Oil Meets Resistance At $46

May 13, 2016 at 16:20 | Editorial Dept

Friday, May 13, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…

Global Energy Advisory 13th May 2016

May 13, 2016 at 16:11 | Editorial Dept

Politics, Geopolitics & Conflict • For foreign oil companies, all eyes are on Brazil—and what comes next now that President Dilma Rousseff…

Are We Nearing A Short Term Top For Oil Prices?

May 13, 2016 at 16:08 | Jim Hyerczyk

This week can best be described as a “yeah, but…” week. As in “yeah, there are wildfires in Canada helping to cut output by 1 million…

Oil On Track To Balance Later This Year

May 13, 2016 at 14:53 | Evan Kelly

When looking at this week’s key data for the oil and gas industry, we see a modest draw in U.S. crude stocks, and stagnating gasoline prices…

Holding 30% Of June Brent Crude Contracts, Is Glencore Manipulating Oil Prices?

May 13, 2016 at 14:49 | ZeroHedge

While oil bulls were delighted by Wednesday’s DOE news of an inventory drawdown refuting the prior day's API news of a major build, what was ignored…

Appreciating Dollar Caps Crude Rally Again

May 13, 2016 at 10:10 | Matt Smith

And it’s an exciting end to an eventful week in the oil market on this Friday the 13th. In fitting fashion, crude was screaming lower earlier,…

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