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Energy / Energy-General

Saudi Arabia Opening Up For Business As Oil Strategy Takes Its Toll

Sep 16, 2015 at 15:01 | Michael McDonald

Saudi Arabia faces a problem. The G20 nation and de facto head of OPEC relies almost solely on oil to power an economy that has…

Our Energy Problem Could Lead To A Major Debt Crisis

Sep 16, 2015 at 14:09 | Gail Tverberg

Usually, we don’t stop to think about how the whole economy works together. A major reason is that we have been lacking data to see long-term…

3.1 Million Barrel Draw In U.S Stockpiles Stimulates Oil Prices

Sep 16, 2015 at 10:28 | Matt Smith

Crude prices are ripping higher today thus far, egged on by a surprise draw from last night’s API report. A 3.1 million barrel draw was seen,…

Oil Industry Influence Waning Amid Oil Price Slump

Sep 15, 2015 at 16:27 | Michael McDonald

One unexpected victim of the oil price downturn seems to be the U.S. lobbying industry. The group of firms, whose business revolves around making sure government…

Environmental Groups Target Fossil Fuel Production On Federal Lands

Sep 15, 2015 at 16:22 | Nick Cunningham

Environmental groups have decided to widen their attack on fossil fuels, calling on the President to end the development of coal, oil, and natural gas from…

Midweek Sector Update: This Key OPEC Member Could Soon See Production Cuts

Sep 15, 2015 at 12:04 | Evan Kelly

The business climate is only getting worse in Iraq for the handful of international oil companies operating in the war-torn country. The Iraqi oil ministry sent a letter to private…

Iran Enjoys Increased Oil Exports, U.S Shale Plays Face Structural Decline

Sep 15, 2015 at 10:12 | Matt Smith

One and a quarter centuries to the day after the birth of Agatha Christie, and markets remain shrouded in mystery ahead of Thursday’s potential US interest…

EU’s Energy Market In For Some Drastic Changes

Sep 14, 2015 at 16:39 | Michael McDonald

In all of the chaos that has accompanied the recent Greek drama in Europe, it is easy to forget that the machinery of the EU continues…

Panasonic Now Gunning For Tesla’s Energy Storage Crown?

Sep 14, 2015 at 16:28 | Gaurav Agnihotri

So far, the PV storage market has been largely dominated by the Tesla Powerwall System which has received more than 100,000 bookings and will be available…

Aussie PM Ousted As Commodities Pressure Proves Too Much

Sep 14, 2015 at 10:41 | Charles Kennedy

The collapse in commodity prices over the past year have shaken up the global economy, and for countries dependent on natural resource exports, the bust has…

OPEC Lowers Global Demand Growth Expectations For Oil In 2016

Sep 14, 2015 at 10:10 | Matt Smith

Thirty-seven years to the day after Mork and Mindy first appeared on our TV screens, and markets this week are set to be out of this…

OPEC Is Winning The Price War Says IEA

Sep 11, 2015 at 15:50 | Nick Cunningham

Oil markets may not balance until late 2016, but supply is finally contracting in a big way. Early last week the EIA confirmed that U.S.…

BMW Going All-Electric

Sep 11, 2015 at 15:37 | Michael McDonald

The age of electric vehicles may finally be upon us – or at least that’s what BMW is banking on. BMW recently announced that it…

This Week In Energy: Does This Mean OPEC Is Winning The Oil Price War?

Sep 11, 2015 at 13:29 | Evan Kelly

The extreme volatility that struck the oil markets in late August and early September have calmed a bit – but just a bit. Oil fell on September 11, following the…

Will We See OPEC’s Strategy Succeed Before Christmas?

Sep 11, 2015 at 10:45 | Matt Smith

The crude complex is charging lower into the weekend despite some bullish signals from the monthly IEA Oil Market Report (some might say today’s drop is…

Why Saudi Arabia’s Pursuit Of Market Share Is Self-Defeating

Sep 10, 2015 at 16:55 | Dalan McEndree

The Saudis are on track to sacrifice ~$100 billion in crude export revenues in 2015, or 45 percent of 2014’s ~$219 billion in crude export revenues,…

With China Slowdown, Russia Looks To India

Sep 10, 2015 at 15:26 | Gaurav Agnihotri

By now, the whole world knows that Russia has been trying to pivot towards China in the wake of the U.S. and EU sanctions that specifically…

Oil Price Recovery Seems Far Away As U.S Stockpiles Increase

Sep 10, 2015 at 10:15 | Matt Smith

Not only is today a glorious day for Arnold Palmer as he celebrates his 86th birthday, but it is also a red letter day for us…

Is OPEC Too Big To Fail? Not Anymore

Sep 09, 2015 at 16:29 | Michael McDonald

A lot of people, including several OPEC members, thought the oil slump would be easing by now. Instead, as oil prices languish near multi-year lows and…

Oil Production Boom Is Not What It Seems As Future Investments Are Uncertain

Sep 09, 2015 at 10:23 | Matt Smith

Amid a holiday-dappled week, we barrel in to Wednesday without the presence of the weekly oil inventory report; we will have to wait until tomorrow at…

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