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Energy

Bout Of Short Covering Propels Oil Prices

Aug 08, 2016 at 11:23 | Matt Smith

As renewed rumors and murmurs rise up of another OPEC production freeze meeting, it is having the desired effect that certain OPEC members would want: oil is rallying…

UK Shale Gas Royalties May Go Directly To Residents

Aug 08, 2016 at 10:32 | Lincoln Brown

Theresa May, the new Prime Minister of the UK, has announced a plan to pay more shale gas proceeds to residents than was originally planned. The new…

The Rumors Are Back! Oil Rallies On OPEC Chatter

Aug 08, 2016 at 10:18 | ZeroHedge

Oil prices rose Monday as modestly stronger margins for refiners provided support to the market despite the continuing glut of crude supply. The October contract for global benchmark…

Can India Bolster Iranian Oil Exports to Pre-Sanction Levels?

Aug 07, 2016 at 07:35 | Rakesh Upadhyay

India imported 461,000 barrels per day (bpd) of oil from Iran in July—a 110 percent increase over the same period in 2015 and an increase of 21 percent…

Mexico Made $3 Billion From Oil Hedging In 2016 – What is Their 2017 Strategy?

Aug 06, 2016 at 10:20 | Erwin Cifuentes

Mexico is about to reap at least US$3 billion this year based on its sovereign oil hedge after having received a record US$6.4 billion in 2015. It is expected…

The Hyperloop One Lawsuit: A View From Within

Aug 06, 2016 at 10:10 | Michael McDonald

After my commentary about the explosive Hyperloop One accusations by Brogan Bambrogan recently, company representatives reached out to tell their side of the story. Hyperloop One is…

Post Coup: Gazprom Still Eager To Complete Turkish Stream

Aug 05, 2016 at 22:02 | The Jamestown Foundation

On June 27, Russian President Vladimir Putin received a letter from President of Turkey Recep Tayyip Erdo?an, expressing Turkey’s willingness to restore ties with Russia (Kremlin.ru, June…

Is There More Value In Natural Gas?

Aug 05, 2016 at 19:06 | Dan Dicker

I’m looking to make only some small tweaks to our investments in this lazy month of August. It is a time I’ve tried to avoid trading, when volumes…

Is The Time Right For Solar Stocks?

Aug 05, 2016 at 19:02 | Michael McDonald

With the economy as weak as it is now, there aren’t many good growth industries. The most commonly cited growth industry might be biotech, but the multiples in…

Speculators And Analysts Grow More Bearish On Oil

Aug 05, 2016 at 18:56 | Editorial Dept

Friday, August 5 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…

Global Energy Advisory August 5th 2016

Aug 05, 2016 at 18:08 | Editorial Dept

Politics, Geopolitics & Conflict The purge in Turkey is continuing and gathering pace, as it expands into more industries. Last week, President Erdogan shut down more than 100…

Markets Adjusting ‘’Violently’’ From 8 Week Plunge

Aug 05, 2016 at 15:48 | Jim Hyerczyk

September Crude Oil futures are poised to close higher for the week, signaling a shift in momentum back to the upside, after a prolonged move down in terms…

Oil Correction Stalls On Strong Dollar, Rising Rig Count

Aug 05, 2016 at 14:24 | Evan Kelly

Oil prices reversed on Friday morning after a strong rally on Wednesday and Thursday while U.S. oil production continued to fall after a few weeks of respite.

Six Weeks In A Row – Rising Rig Count Pushes Oil Down

Aug 05, 2016 at 12:31 | Julianne Geiger

The US oil and gas rig count, as reported by Baker Hughes on Friday, was up one over last week, bringing the total number of oil and gas…

Oil Reverses As Dollar Spikes On Strong Job Report

Aug 05, 2016 at 11:41 | Matt Smith

Welcome to another Nonfarm Friday! As job creation last month was much better than consensus (255,000 jobs created versus 180,000 expected, with an upward revision to prior data…

Bankrupt Peabody Energy Seeks Approval To Pay $12M in Bonuses

Aug 05, 2016 at 10:41 | Tsvetana Paraskova

Coal miner Peabody Energy Corp, which filed for Chapter 11 bankruptcy protection in April, asked a bankruptcy court on Wednesday to let it pay up to US$11.9 million in…

Yahoo Messenger Shuts Down: Oil Traders Looking For New Ways To Communicate

Aug 05, 2016 at 09:38 | Lincoln Brown

Yahoo Messenger is shutting down, leaving oil and gas traders, once dependent on Yahoo Messenger, looking for a new means of communication. The service was still active when the…

China’s Energy Sector About To Open Up For Foreign Investment

Aug 05, 2016 at 09:29 | Dave Forest

This past March, I wrote about some intriguing comments from the Chinese government. Suggesting that the nation might be on the verge of opening major opportunities in…

Despite Low Oil Prices, Saudi Arabia Stabilizing Economy

Aug 04, 2016 at 14:54 | Nick Cunningham

The Saudi economy is stabilizing after the government implemented pivotal reforms in order to address a fiscal and economic crisis because of plunging oil prices. Over the past…

$40 Billion In Spending Planned For Canada’s Oil Sands

Aug 04, 2016 at 14:51 | Irina Slav

The oil sands of Alberta have attracted a lot of attention recently, not just because of the wildfires that took a lot of production offline in May, but…

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