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Volatility Dominates Oil Markets Amid Mixed Signals

Volatility Dominates Oil Markets Amid Mixed Signals

It's been a rollercoaster of…

Can the U.S. Avoid an Energy Crisis?

Can the U.S. Avoid an Energy Crisis?

Current U.S. energy policies favoring…

Energy / Energy-General

Huge Fire Erupts at ExxonMobil Refinery Near Houston

Apr 08, 2016 at 12:49 | Charles Kennedy

An enormous fire erupted an ExxonMobil refinery in Texas on Thursday. The Baytown refinery caught fire, leading to huge black plumes of smoke into the air,…

How Realistic Is Saudi Arabia’s $2 Trillion Sovereign Wealth Fund?

Apr 07, 2016 at 16:37 | Rakesh Upadhyay

Though Saudi Arabia’s plan of a $2 trillion fund exudes power and confidence, raising a megafund of that size is practically next to impossible, unless…

Why Natural Gas Prices Could Double From Here

Apr 07, 2016 at 16:30 | Arthur Berman

Natural gas prices should double over the next year. Over-supply plus a warm 2015-2016 winter have resulted in low gas prices. That is about to change…

Canadian Oil Industry No Longer Sees Alberta Advantage

Apr 07, 2016 at 14:28 | David Yager

“Who will stand up for Alberta’s persecuted billionaire community?” the headline of a popular political blog site sarcastically blared after the story broke last month about…

Oil Funded Soccer Giants Face Off In The Champions League

Apr 07, 2016 at 14:22 | James Stafford

The score was level after the first leg of a two-game faceoff between two of the world’s Petro-soccer giants on April 6. Manchester City and Paris…

Crude Rally Pauses After Strong Gains

Apr 07, 2016 at 09:59 | Matt Smith

Two hundred and forty-six years after the birth of William Wordsworth, and the oil prices today are wandering lower (as lonely as a cloud) after yesterday’s…

Are The Saudis And Russians Deliberately Sabotaging Doha?

Apr 06, 2016 at 15:19 | Rakesh Upadhyay

The actions and intentions of Saudi Arabia and Russia—the two largest oil-producing nations attending the Doha meeting on 17 April—have dashed all hopes of any fruitful…

Is A Permanent Decline Coming For Russia?

Apr 06, 2016 at 14:59 | Nick Cunningham

The OPEC meeting in Doha is less than two weeks away, and the markets are not sure what to make of it – oil prices have…

DOJ Files Lawsuit Against Halliburton-Baker Hughes Merger

Apr 06, 2016 at 10:26 | Charles Kennedy

The U.S. Justice Department is seeking to block the merger of Baker Hughes and Halliburton, preventing the tie-up of the second and third largest oilfield services companies. DOJ

Oil Edges Up After Biggest Draw In U.S. Crude Stocks This Year

Apr 06, 2016 at 10:15 | Matt Smith

Today we celebrate polytetrafluoroethylene, for it is national Teflon day. Accordingly, the crude complex is refusing to stick to the script, and is rallying again amid…

How The Ocean Can Help Predict Electricity Prices

Apr 05, 2016 at 15:57 | Colin Chilcoat

What will electricity demand look like tomorrow? Next week? What about prices two months from now? For the most part, we have a good idea,…

Oil Speculators Run Out Of Reasons To Bet On Rising Prices

Apr 05, 2016 at 15:44 | Nick Cunningham

Oil prices plunged to their lowest levels in a month on April 4, falling back from recent highs to the mid-$30s per barrel. Oil traded down…

Traders Lose Faith In OPEC Orchestrated Freeze

Apr 05, 2016 at 14:10 | Evan Kelly

Oil prices have fallen to one month lows as traders are less confident that OPEC will manage to reach a production freeze.

Driverless Cars Or Electric Vehicles, Which Will Dominate The Future?

Apr 05, 2016 at 11:53 | Michael McDonald

In the wake of the public presentation of Tesla’s new Model 3, it’s worth rethinking what the future of automotive transportation might look like. Two precepts…

Oil Prices Slide On Falling Hopes For Output Freeze

Apr 05, 2016 at 10:40 | Matt Smith

It is Pharrell’s 43rd birthday, and the crude complex appears happy to edge lower once again as production freeze hopes wane. Here are six things to…

Did Italy And Malta Actually Agree To Swap Oil Rights For Refugees?

Apr 04, 2016 at 15:39 | James Burgess

As the Syrian refugee crisis reaches a critical impasse, both in terms of European security and refugee human rights, Brussels has found itself having to deny…

Unfolding The World’s Biggest Oil Bribery Scandal

Apr 04, 2016 at 15:13 | Nick Cunningham

Last week, a sweeping investigative report published by The Huffington Post and Fairfax Media put a little known Monaco-based company, Unaoil, at the center of…

Bankruptcy Rout Looms Despite Impressive Productivity Gains In U.S. Shale

Apr 04, 2016 at 13:51 | James Hamilton

Horizontal fracturing of tight hydrocarbon-bearing formations was responsible for a phenomenal resurgence in U.S. oil production, which rose more than 4 million barrels per day from…

Oil Prices See-Saw After Friday’s Rout

Apr 04, 2016 at 10:20 | Matt Smith

Four hundred and thirty-five years after Francis Drake circumnavigated the world, and we continue to see the same themes circling the oil market at the start…

Company Accused Of Bribing Oil Producers Has Offices Raided By Police

Apr 01, 2016 at 17:43 | ZeroHedge

Two days ago we brought you excerpts from a Huffington Post investigative report on Unaoil, a previously obscure Monaco company that allegedly functions as a…

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