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Energy

Oil Rebounds After Testing Two Month Lows

Jul 20, 2016 at 12:39 | Matt Smith

Crude prices have reversed losses post-inventory report, despite a bearish build to gasoline stocks. As crude tries to clamber away from key technical support, hark, here are five…

Are Energy Junk Bonds Worth The Risk?

Jul 20, 2016 at 11:25 | Michael McDonald

The energy economics picture is starting to diverge across the sector. Some of the more efficient oil producers, especially onshore frackers, are slightly profitable at current oil prices.…

Halliburton Reports $3.2 Billion Loss, But Sees Activity Picking Up

Jul 20, 2016 at 11:01 | Charles Kennedy

Halliburton reported its second quarter earnings on Wednesday, revealing a huge loss of $3.21 billion, or $3.73 per share. That compares to net income of $54 million…

Oil Markets Panic After EIA Reports Surging Gasoline Inventories

Jul 20, 2016 at 10:00 | Irina Slav

Commercial crude oil stockpiles in the U.S. fell by 2.3 million barrels in the week to July 15, the Energy Information Administration reported. This is a rare…

Trump vs Clinton: How Will Energy Fare?

Jul 19, 2016 at 16:50 | Nick Cunningham

The Republican National Convention is underway and the Democrats will host their version next week. While countless articles have been written about the differences between the…

Why Oil Prices Might Not Rebound Until 2019

Jul 19, 2016 at 16:30 | Irina Slav

It’s a safe bet that investors are getting increasingly tired of all the conflicting forecasts about oil and gas prices. Some argue that oil is heading back to…

Did Oil Kill The Dinosaurs?

Jul 19, 2016 at 16:24 | Michael McDonald

What killed the dinosaurs? It’s a question as old as – well the dinosaurs themselves, and one that everyone from school children to scientists have been asking for…

Oil Traders Move Into Bitumen Markets

Jul 19, 2016 at 15:30 | Rakesh Upadhyay

The global bitumen market is forecast to grow at a Compound Annual Growth Rate (CAGR) of four percent between 2015 to 2020, and the world’s largest…

Oil Prices On Edge With Few Upside Catalysts

Jul 19, 2016 at 14:32 | Evan Kelly

Oil continued to trade lower on Tuesday as traders fear today and tomorrow's inventory data reports from the API and EIA.

What Will Trump’s Nuclear Energy Policy Look Like?

Jul 19, 2016 at 13:26 | Leonard Hyman & William Tilles

The UK’s new Prime Minister, Theresa May, made significant changes to her ministry structure. She abolished the Department of Energy and Climate Change (DECC) and transferred its responsibilities…

Algeria Plans To Boost Oil Output By 30%

Jul 19, 2016 at 12:38 | Lincoln Brown

Algeria has increased its oil output at the Hassi Messaoud and Ourhoud oil fields over the last few months in an effort to compensate for lost revenue.…

Oil Edges Lower As Traders Fear Inventory Report

Jul 19, 2016 at 12:03 | Matt Smith

Crude is drifting lower, looking rather trepidative ahead of another weekly inventory report, while dollar strength is also helping to put the kibosh on a rally. Hark, here…

The World's Biggest Oil Company Just Went All-In On This Tiny Island

Jul 19, 2016 at 09:33 | Dave Forest

Things are heating up in an unlikely spot for the global oil and gas industry. A place that saw a $2.2 billion takeover bid just a few months…

Why Lithium Will See Another Price Spike This Fall

Jul 18, 2016 at 18:27 | Simon Harlow

So far, lithium has been the hottest metal of 2016, beating out gold, with exponential demand expected over the coming years. Although the price trajectory of the metal has been…

Energy Is The Reason Europe Is Still Backing Erdogan

Jul 18, 2016 at 17:03 | Irina Slav

A lot of people in Europe are wondering why political leaders on the continent seem to be ready to agree with whatever Turkish President Recep Tayyip Erdogan says, and do…

Why Another Oil Price Downturn Is A Distinct Possibility

Jul 18, 2016 at 16:49 | Nick Cunningham

In June 2015, oil prices surged to $60 per barrel, raising hopes that the oil price downturn would have been brief and the recovery swift. But by July,…

China’s Fuel Efficiency Drive Could Upend Oil Markets

Jul 18, 2016 at 16:40 | Matt Slowikowski

Beijing grabbed BBC headlines last year when it bought out all canisters of fresh air from Vitality, a Canadian company with operations in the Rocky Mountains, originally…

Who Really Won The Oil Price War?

Jul 18, 2016 at 16:05 | Global Risk Insights

The rise in oil prices over the past six months has come as a blessing for the battered U.S. shale producers. Oil prices have risen more than 50…

Saudis Aim To Create The World’s Biggest Oil Fleet

Jul 18, 2016 at 13:38 | Erwin Cifuentes

Saudi Arabia aims to create the world’s largest fleet of oil tankers following the establishment of a new US$1.5 billion investment fund by Arab Petroleum Investment Corporation, (Apicorp),…

Exxon Bids $2.5 billion For LNG Assets in Papua New Guinea

Jul 18, 2016 at 12:38 | Charles Kennedy

ExxonMobil has bid $2.5 billion for InterOil Corp. as it tries to outmaneuver French oil giant Total for natural gas assets in Papua New Guinea. Exxon’s bid…

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