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Uncertainty Drives Investors to Oil Stocks

Uncertainty Drives Investors to Oil Stocks

The reason that investors have…

Record Surge in Global Coal Capacity Led by China

Record Surge in Global Coal Capacity Led by China

China’s massive annual additions of…

Energy

Despite Oil Price Uncertainty Kuwait Spends Big On Infrastructure

May 27, 2016 at 19:09 | Oxford Business Group

The Kuwaiti government remains committed to rolling out its plan despite uncertainty over global oil prices. A host of public construction contracts have been awarded so far this…

NATO Energy Security Threatened By Karabakh Conflict

May 27, 2016 at 18:59 | The Jamestown Foundation

The periodic escalation of violence in and around the separatist Azerbaijani territory of Karabakh routinely raises concerns about this conflict’s threat to regional energy security and pipeline infrastructure.…

Why It’s Still A Great Time To Pick Up Oil Stocks

May 27, 2016 at 16:37 | Dan Dicker

As Brent oil touched $50 a barrel today for the first time since November of 2015, we've banked a lot of profit in our core Exploration and Production…

The Danger Of Round Numbers: WTI’s Rapid Retreat from $50

May 27, 2016 at 16:34 | Martin Tillier

Yesterday, to much fanfare from the online financial sites and business television stations, WTI, the benchmark for U.S. oil, broke through the $50 level. No sooner had the…

Oil Majors Have Seen Debt Double And Spending Fall 45%

May 27, 2016 at 16:28 | Nick Cunningham

Friday, May 27, 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 the energy…

Global Energy Advisory May 27th 2016

May 27, 2016 at 16:05 | Editorial Dept

Politics, Geopolitics & Conflict • Niger Delta: This is only the beginning• Libya: Division of oil spoils hasn’t been decided yet … • South…

Crude Oil Setting Up For Top And Two-Week Correction

May 27, 2016 at 15:57 | Jim Hyerczyk

July crude oil futures crossed to the strong side of $50.00 per barrel on May 26, but traders apparently didn’t like the view since the market settled twenty-five…

U.S. Oil Rig Count Declining Again After Single-Week Reprieve

May 27, 2016 at 15:07 | Charles Kennedy

The oil rig count fell again this week from 318 to 316 after last week’s slight reprieve, coming in at the lowest at any point in time since…

Oil On Firm Footing at $50?

May 27, 2016 at 14:27 | Evan Kelly

This week’s key data from the oil and gas industry shows that both the ongoing decline in U.S. oil production and decreasing crude stockpiles have bumped up oil…

U.S. Oil Company Sets New Record: Headed For Second Bankruptcy in One Year

May 27, 2016 at 12:25 | Charles Kennedy

For the second time in less than a year, oil services provider Hercules Offshore is heading for Chapter 11 bankruptcy protection by entering a restructuring support agreement…

Wave Of Profit-Taking Keeps Oil From Breaking Out

May 27, 2016 at 11:53 | Matt Smith

Forty-one years to the day after the birth of chef Jamie Oliver, and the recent rally in oil is looking a wee bit overcooked, after having a nibble…

Why Chevron Is Investing $37B In The World’s ‘’Most Difficult Oil’’

May 27, 2016 at 10:28 | Dave Forest

I wrote Wednesday about Australia’s Oil Search making a major $2.2 billion investment in Papua New Guinea natural gas. Noting this as a sign the right projects…

Why $50 Oil Is Here To Stay

May 26, 2016 at 16:03 | Nick Cunningham

Now that oil prices have rebounded to $50 per barrel, will U.S. shale drillers turn the taps back on? That is the million dollar question that the oil…

Why Canada’s Oil Sand Producers Will Recover Quickly From The Wildfires

May 26, 2016 at 15:41 | David Yager

Canada’s oil sands producers in the Fort McMurray region are watching the weather to determine if and when they can move the necessary people back to their operations…

Why The Bust For Offshore Drillers Might Last Another 2 Years

May 26, 2016 at 15:30 | Irina Slav

Statoil cancelled a contract for a drillship with Seadrill, which it had intended to use for drilling operations in the Atlantic, near Newfoundland. The cancellation is the…

5 Crazy Energy Ideas

May 26, 2016 at 15:17 | Michael McDonald

Renewable power is still the scrappy newcomer in the energy space – untested, green, and a minor presence overall, but exciting and shaking up the world nonetheless. Nothing…

The Consequences Of $50 Oil

May 26, 2016 at 14:04 | Gregory Brew

On Thursday Brent crude rose above $50 while the WTI rose to $49.85. The rise in prices came after the EIA reported a dramatic fall in…

Clinton Chasing Votes With Fracking U-Turn

May 26, 2016 at 13:37 | Irina Slav

Leaked emails obtained by The Intercept reveal Hillary Clinton’s multiple stances on fracking—which apparently differ depending on whether we’re talking about fracking on U.S. soil or abroad. At…

Oil Hits $50, But Can It Maintain Its Gains?

May 26, 2016 at 11:34 | Charles Kennedy

For the first time in over six months oil prices rose to $50 per barrel. Brent crude moved up to $50.19 during morning trading on May 26, the…

Depreciating Dollar Sees Crude Climb To 7-Month High

May 26, 2016 at 11:19 | Matt Smith

One-hundred and nine years after the birth of John Wayne, and oil is shootin’ from the hip today, with both Brent and WTI taking a shot at fifty…

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