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China's Largest Oil Refiner Sees Almost No Throughput Growth

China's Largest Oil Refiner Sees Almost No Throughput Growth

China's largest oil refining company,…

Energy / Energy-General

Oil Majors Report Bleak Earnings As Glut Persists

Feb 02, 2016 at 15:03 | Evan Kelly

As oil tanked below $30 again, we will take a quick look at some of the critical figures and data in the energy markets this week.…

Managing Risk Through A Downturn

Feb 02, 2016 at 10:19 | Leonard Brecken

As a small business owner I know all too well of the struggles to manage overhead as we all struggle through sky rocketing health care costs…

Oil Slides As Oil Majors Report Poor Results

Feb 02, 2016 at 10:14 | Matt Smith

Good day! Here are ten things to consider on this second day of February, 2016: 1) Punxsutawney Phil didn’t see his shadow, meaning an early start…

Russia Cries Dyadya (Uncle), Is Saudi Arabia Listening?

Feb 01, 2016 at 17:30 | Dalan McEndree

In recent days, signs of a possible breakthrough in the year-long stand-off between Russia and Saudi Arabia on crude production strategy have emerged. Saudi Arabia, OPEC’s…

Politics & Oil - What The President Failed To Mention In His Address To Congress

Feb 01, 2016 at 16:52 | Ken Wells

“What we have here is a failure to communicate.” That’s what the warden says to Paul Newman in the movie Cool Hand Luke, right after…

Banks On The Hook For Bad Energy Loans

Feb 01, 2016 at 16:28 | Rakesh Upadhyay

Energy sector bankruptcies are mounting as we detox from the high of the shale boom, but while junk-rated energy bonds are experiencing staggering losses, and without…

Congress Looks To Pass Energy Bill for First Time Since 2007

Feb 01, 2016 at 16:19 | Nick Cunningham

The U.S. Senate will kick off deliberations over a (potentially) bipartisan energy bill this week. Reaching consensus on energy legislation has been notoriously difficult, but…

Sales Tax Dispute Could Send Billions to Texas Oil Industry

Feb 01, 2016 at 13:09 | Charles Kennedy

A potential windfall could wash over Texas oil and gas drillers. According to the Texas Tribune, the Texas Supreme Court decided to agree hear a…

Oil Prices Tank As Chinese Economic Data Continues To Disappoint

Feb 01, 2016 at 10:37 | Matt Smith

Today is Harry Styles’ 22nd birthday, and accordingly the crude complex is heading in one direction. (Down). We burst into February today, and get hit by…

Fundamentals Are Lost, But Upside Visible For Oil

Jan 30, 2016 at 09:52 | Dan Dicker

The oil market has become nothing but a rumor mill – rumors of Fed hikes to come, or even Fed cuts – and, over the last…

3 Rules for Trading Volatile Markets

Jan 30, 2016 at 09:49 | Martin Tillier

For those who like to trade in the energy markets the last few weeks have been marked by one word: volatility. With 4 or 5 percent…

Oil Volatility at Seven Year High

Jan 30, 2016 at 09:45 | Editorial Dept

Friday, January 29, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…

U.S Drillers Post Billions In Losses As Hedges Roll Off

Jan 29, 2016 at 16:44 | Nick Cunningham

As fourth quarter earnings start trickling in, lots of losses are piling up in the shale industry and another round of cuts are expected. Over the…

More Oil and Gas Bankruptcies Are Assured

Jan 29, 2016 at 16:44 | Michael McDonald

2015 was a terrible year for energy investors, but many investors and even corporate officers may be deluding themselves in believing that if they simply hold on, the good times…

Texan Wind Is Blowing Away The Competition

Jan 29, 2016 at 16:31 | Michael McDonald

You have to hand it to Texas. The state that is perhaps most closely identified with oil production is now doing a good job of diversifying its investments and positioning…

Is Non-OPEC Oil Production Beginning A Serious Decline?

Jan 29, 2016 at 16:20 | Ron Patterson

The EIA’s Monthly Energy Review just came out. They have the U.S. production numbers through December along with World, OPEC C+C, Non-OPEC and selected Non-OPEC…

Is The EIA Too Optimistic On U.S. Oil Output?

Jan 29, 2016 at 15:54 | Steve Brown

After following the weekly production statistics avidly for some months and initially being smugly pleased by the data saying exactly what I wanted to hear, I then became completely befuddled…

Oversold Oil Markets Rally On Rumors Of OPEC Cut

Jan 29, 2016 at 15:26 | Evan Kelly

Oil prices have seen a sharp rally over the last days and are back in the mid-30's while the national average gasoline prices in the U.S. have fallen over 15…

Do Canadians Want To Stay In The Oil Business?

Jan 28, 2016 at 15:35 | David Yager

The Canadian oilpatch is facing unprecedented challenges from uncontrollable forces outside our borders where oil prices and the vast majority of supply and demand are determined.…

U.S. Plans Airstrikes In Libya To Protect Oil Assets From ISIS

Jan 28, 2016 at 11:51 | Charles Kennedy

The United States is preparing to launch airstrikes on ISIS targets in Libya, as the militant faction continues to assault oil infrastructure in the war-torn country.…

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