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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy

Goldman: The Rally Will Stall Regardless Of OPEC Freeze

Aug 23, 2016 at 10:59 | ZeroHedge

Exactly 24 hours ago, we explained why - in our view - the oil rally was over, and gave four key reasons: 1. After the biggest documented short…

Oil Bounces On Iranian Rhetoric

Aug 23, 2016 at 10:53 | Matt Smith

Oh good. It's only the second day of selling after the recent rampant rally, and yet we are already hearing renewed rhetoric from key producers. Iran is the…

China Plans To Slash Crude Demand By 250,000 Bpd

Aug 23, 2016 at 09:22 | Irina Slav

China is determined to rid itself of its image as one of the world’s greatest polluters, and is serious about curbing oil production—even if only for a few…

Boom, Balance Or Bust: What's Next For Oil?

Aug 22, 2016 at 17:11 | Nick Cunningham

Oil prices have surged more than 20 percent in the last two weeks but there is quite a bit of disagreement over whether or not the rally can…

The Permian Pitfall: A Race To The Bottom For Tight Oil

Aug 22, 2016 at 16:51 | Arthur Berman

Remember the shale gale and Saudi America? The scale of those outlandish delusions has now dwindled to plays in a few counties in West Texas and southeastern…

The Answer To Whether The Oil Market Has Rebalanced

Aug 22, 2016 at 16:13 | ZeroHedge

Introduction: There has been much debate in the oil industry regarding this subject with a lot of poor analysis, no analysis at all, opinions, raw speculation, pure conjecture…

Russia-Iran-Turkey Alliance Could Change Energy Dynamics For Good

Aug 22, 2016 at 15:30 | Irina Slav

A new strategic axis is forming in the Middle East, and this axis could play a transformative role in the region, upsetting the longstanding balance of power. Ankara…

U.S. Gasoline Consumption On Target For A Record Year

Aug 22, 2016 at 13:17 | Robert Rapier

In last month’s Short Term Energy Outlook (STEO), the Energy Information Administration (EIA) projected that it now expects record U.S. gasoline consumption this year: Motor gasoline consumption…

Is ExxonMobil Actually Only Worth A Fraction Of What It Says?

Aug 22, 2016 at 10:57 | Charles Kennedy

The investigation by a handful of attorneys general into ExxonMobil has much more to do with the oil major misleading investors than it does about covering up climate…

'Epic' Oil Rally Reverses On Diminishing Supply Outages

Aug 22, 2016 at 10:24 | Matt Smith

The recent oil rally is finally hitting the brakes, with prices retracing today on supply developments relating to Iraq and Nigeria, while vehement short-covering has brought financial positioning back from…

OPEC Just Triggered The Biggest Crude Oil Short Squeeze In History

Aug 22, 2016 at 09:25 | ZeroHedge

Ever since the February crash, when oil tumbled to 13 years lows, and when OPEC started releasing tactical headlines at key inflection points about an imminent oil production…

Independent Refiners Face Existential Threat

Aug 21, 2016 at 14:58 | Michael McDonald

Carl Icahn is sounding the alarm about a rising threat that he believes could bankrupt independent refiners en masse. Icahn is concerned about the surge in government…

$50 Crude Won’t Fuel Big Oil’s Comeback

Aug 21, 2016 at 11:28 | Irina Slav

Bulls grinned on Thursday last week when Brent Crude rallied past the US$50 price mark for the first time in six weeks. The biggest oil companies may have…

Why Investors Shouldn’t Believe The OPEC Rumors

Aug 21, 2016 at 07:38 | Dan Dicker

We’ve entered the twilight zone in oil, where rumors and financial moves in outer markets are affecting oil and the stocks we’ve accumulated, making trading these markets not…

How Artificial Intelligence Could Help Transform The Oil Industry

Aug 21, 2016 at 07:32 | Matt Slowikowski

While the oil and gas industry has had its share of ups and downs over the past decade, many financial institutions are banking on a very slow…

Saudis Allow Foreign Investors to Buy Aramco IPO Shares

Aug 21, 2016 at 07:27 | Erwin Cifuentes

Saudi Arabia’s Capital Market Authority (CMA) on 18 August issued new rules allowing foreign investors to buy shares directly in initial public offerings (IPOs). The change is part…

Chesapeake Making Moves To Recover From The Crash

Aug 20, 2016 at 08:10 | Michael McDonald

Even as oil is starting to climb out of the crater it created over the last year, numerous oil companies are still in severe distress. Recovery in the…

Why This Is Not The Time To Chase Oil Stocks

Aug 19, 2016 at 18:21 | Dan Dicker

We’ve entered the twilight zone in oil, where rumors and financial moves in outer markets are affecting oil and the stocks we’ve accumulated, making trading these markets not…

The Best Long-Term Oil Play Comes At A Discount

Aug 19, 2016 at 18:13 | Martin Tillier

I am generally a mild mannered person, but there are certain things about financial markets that frequently make me mad. Some talking heads from big banks or funds…

Private Equity Jumps Into The Oil Patch

Aug 19, 2016 at 17:57 | Editorial Dept

Friday, August 19 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in…

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