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Energy

Saudi Oil Exports Reach Six-Month Low

Jun 21, 2016 at 13:36 | Erwin Cifuentes

Oil exports from Saudi Arabia tumbled to their lowest point in six months according to the latest Joint Organizations Data Initiative (JODI) published on 20 June…

Oil Retraces Amid Broader Market Volatility

Jun 21, 2016 at 10:42 | Matt Smith

Once again, the oil market is being whipsawed around by currency swings under the influence of Brexit sentiment. Amid dollar strength, Nigerian truce hopes, and some…

Oil Majors Are Turning To Russia For M&A Opportunities

Jun 21, 2016 at 10:27 | Dave Forest

As I discussed last month, M&A activity is returning to the oil and gas sector, as a rebound to $50 crude is encouraging the world’s…

Why We Can Expect Cripplingly Higher Oil Prices In The Near Future

Jun 20, 2016 at 18:00 | Arthur Berman

The break-even price for Permian basin tight oil plays is about $61 per barrel (Table 1). That puts Permian plays among the lowest cost significant supply…

To Avoid The Oil Curse, Russia Needs To Take A Leaf Out Of The Saudi’s Book

Jun 20, 2016 at 16:13 | Scott Belinksi

When Deputy Crown Prince Mohammed bin Salman first announced the Kingdom’s post-oil blueprint in April many commentators were skeptical. Saudi Arabia, they said, has been talking about ditching its…

Big Oil Betting On Another Price Jump With Refinery Sales

Jun 20, 2016 at 15:07 | Irina Slav

Refining revenues have for many oil businesses been the difference between life and death over these past two years. Now they are helping some of the biggest oil companies in…

Inventory Drawdowns Won’t Boost Oil Prices

Jun 20, 2016 at 15:00 | Rakesh Upadhyay

During the next three months, various analysts expect crude oil inventory drawdowns to increase, providing support to crude oil prices. However, post-September, inventory build-up is likely…

Why China’s Energy Deregulation Is More Important Than The Aramco IPO

Jun 20, 2016 at 14:53 | Global Risk Insights

In recent years, images of China’s rapid industrialization have become all too familiar: from enormous factories, and infrastructure projects, to the ubiquitous smokestacks of the nation’s…

How The Brexit Vote Will Impact Oil Prices

Jun 20, 2016 at 13:35 | Charles Kennedy

British voters are set to vote this week on whether to stay within the European Union or to break up and go it alone. Although the…

Oil Rallies With Risk-On Rebound

Jun 20, 2016 at 11:11 | Matt Smith

In honor of Brian Wilson’s 74th birthday, the oil market is picking up some good vibrations to start the week. As Brexit fears abate and risk-on…

Is The Race For Madagascar’s Resources About To Get Underway?

Jun 20, 2016 at 10:52 | Dave Forest

Back from Asia — a part of the world where a small but potentially important news item emerged in the mining world this week - from…

Russia Considers Building A Hyperloop To China

Jun 20, 2016 at 09:50 | Charles Kennedy

Russia’s Transport Ministry is considering the Elon Musk-proposed Hyperloop concept to connect China with the Russian Far East and may propose the idea to Beijing. "The…

Slavery At Sea: The Ugly Underbelly Of Oil Shipping

Jun 17, 2016 at 18:27 | Julianne Geiger

The words “slavery” and “oil”, when used together, are usually reserved for use in the context of palm oil, but the offshore oil and gas industry…

Is Statoil Ready To Move Away From Fossil Fuels?

Jun 17, 2016 at 18:17 | Gregory Brew

Norway’s parliament recently passed legislation vowing to make the country carbon-neutral by 2030. The bill passed with bi-partisan support and is a powerful indicator of the…

OPEC May Be Forcing Venezuela Into Regime Change

Jun 17, 2016 at 18:12 | Erwin Cifuentes

A key U.S. Congressman believes that the actions by the Organization of Petroleum Exporting Countries (OPEC) regarding oil production could lead to regime change in Venezuela,…

Is The End In Sight For Alaska’s Oil Based Economy?

Jun 17, 2016 at 18:07 | Michael McDonald

Alaska has long been one of the few U.S. states without an income tax. Thanks to its incredible bounty of natural resources, the state had more…

Record Breaking Production Drop In North Dakota

Jun 17, 2016 at 17:47 | Ron Patterson

The Bakken and North Dakota production data is out. Big surprise. The Bakken was down 69,420 barrels per day in April while all North Dakota was down 70,414…

Saudi Aramco IPO, Not for BP

Jun 17, 2016 at 17:38 | Charles Kennedy

Speaking on the sidelines of the St. Petersburg International Economic Forum on Thursday, BP Plc hinted that it was not interested in the Saudi Aramco IPO.…

Choosing The Winner In U.S. Shale

Jun 17, 2016 at 17:31 | Dan Dicker

Now that oil is backing away marginally from its $50 level, there has been an equal retracement in the price of energy stocks with it. I…

Futures And How To Use Them

Jun 17, 2016 at 17:29 | Martin Tillier

With energy, and oil prices in particular, being so much in the news over the last year or so it seems that a lot of people…

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