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Breaking News:

Oil Prices Gain 2% on Tightening Supply

New Technology Is Fueling America’s Oil Boom

New Technology Is Fueling America’s Oil Boom

The US achieved record-breaking oil…

Energy

Oil Prices Rally As Canadian, Nigerian Outages Continue

May 10, 2016 at 11:48 | Matt Smith

One hundred and seventeen years after the birth of Fred Astaire, and the oil market is getting its groove on – facing the music and dancing…

What OPEC Has To Fear From The New Saudi Oil Minister

May 09, 2016 at 16:39 | Nick Cunningham

In a surprise move, Saudi Arabia sacked its long-time oil minister over the weekend, an event that illustrates the near-total control that the new young…

Russian Oil Executives Not Optimistic About Oil Prices

May 09, 2016 at 16:27 | Ekaterina Pokrovskaya

In late April, Russia was left standing at the alter in Doha, as Saudi Arabia walked away from a production freeze deal, leading the negotiations to…

Global Rig Count Continues To Fall

May 09, 2016 at 15:54 | Ron Patterson

Baker Hughes recently published its International Rig Count. This rig count is at the end of April. It does not include the U.S., Canada, any…

A Glimpse Into What Saudi Arabia’s New Oil Policy Will Look Like

May 09, 2016 at 13:13 | ZeroHedge

Following the biggest news of this weekend, the (anticipated) resignation/termination of Saudi Arabia's longstanding oil minister Ali al-Naimi, everyone has been wondering about what comes next and how this development…

Saudi Arabia To List Aramco Shares In New York, London, Hong Kong

May 09, 2016 at 11:31 | Charles Kennedy

Saudi Arabia revealed more details about its planned initial public offering of the state-owned oil company Saudi Aramco. As part of Deputy Crown Prince Mohammed bin…

Oil Reverses As Stronger Dollar Offsets Canadian Concerns

May 09, 2016 at 10:34 | Matt Smith

Two hundred and thirty-one years after Joseph Bramah patented the beer-pump handle, and the oil market is looking a little frothy once more. Canadian wildfires continue…

Influential Saudi Oil Minister Dismissed

May 09, 2016 at 09:39 | Charles Kennedy

A Saudi government overhaul which saw the dismissal of the long-time Saudi oil minister signals quite a lot—from the kingdom’s new economic ‘’vision’’ to the fallout…

Horizontal Land Rig Count Summary 6th May 2016

May 07, 2016 at 17:49 | Arthur Berman

The horizontal U.S. land rig count fell by 6 rigs to 318 and the total land rig count fell by 3 rigs to 388.  Tight oil plays gained 1 rig. …

Can Iran And Saudi Arabia’s Production Claims Be Believed?

May 06, 2016 at 18:11 | Dan Dicker

It's always the ultimate test when trading oil stocks – what to believe and what not to believe. Normally, you take earnings season with a grain…

Major Banks Shrug Off Concerns Of Bad Energy Debt

May 06, 2016 at 18:08 | Irina Slav

The latest survey by the Federal Reserve among senior loan officers has revealed a pessimistic picture. Banks operating in the U.S. are still skeptical about…

It’s Not Looking Good For Canadian LNG

May 06, 2016 at 17:53 | Nick Cunningham

As the Keystone XL saga made clear, Alberta has had trouble getting its oil and gas to markets outside of the province. That trouble continues for…

Coal May Survive, But Its Profitability Is Dead

May 06, 2016 at 17:44 | Michael McDonald

With the market capitalization of the coal industry down 94 percent since 2011, one question has to be paramount on the minds of all investors…

ISIS Working On Driverless Car Causes More Worry Than Necessary

May 06, 2016 at 17:36 | Irina Slav

A NATO security expert has warned that the Islamic State (ISIS) is working on a driverless car, to replace suicide bombers. Jamie Shea, deputy assistant…

Crisis In Venezuela – A Lesson From Saudi Arabia

May 06, 2016 at 17:20 | Global Risk Insights

President Nicolás Maduro has implemented measures such as shortened workdays, increased federal holidays and scheduled blackouts in an attempt to reduce energy consumption across the country…

How Debt Links Energy And The Economy

May 06, 2016 at 17:15 | Gail Tverberg

There are many who believe that the use of energy is critical to the growth of the economy. In fact, I am among these people. The…

World’s Largest Shipping Company Preparing For Another Oil Price Crash

May 06, 2016 at 17:00 | ZeroHedge

It was almost a year ago, when having tumbled in early 2015, oil proceeded to rebound strongly into the summer, where it traded at about $60…

Can Iran And Saudi Arabia Production Claims Be Believed?

May 06, 2016 at 16:59 | Dan Dicker

It's always the ultimate test on trading oil stocks – what to believe and what not to believe. Normally, you take earnings season with a grain…

Choosing The Right Moment To Buy NatGas

May 06, 2016 at 16:47 | Martin Tillier

I have made the point in these pages several times that sometimes, for a trader, square is the best position. There is often a feeling among…

Speculators Bullish Despite Bearish Fundamentals

May 06, 2016 at 16:34 | Editorial Dept

Friday, May 6, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…

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