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Why Biden is Unlikely to Enforce the New Iran Oil Sanctions

Why Biden is Unlikely to Enforce the New Iran Oil Sanctions

Despite Congress passing new sanctions…

Standard Chartered Says Peak Oil Demand Is Not Imminent

Standard Chartered Says Peak Oil Demand Is Not Imminent

Standard Chartered has predicted global…

Energy

Oil Prices Sink As Investors Lose Faith In OPEC Freeze

Mar 10, 2016 at 10:57 | Matt Smith

Two hundred and twenty-two years after John Stone patented the pile driver, and the oil market is trying to dodge getting hammered today. After yesterday’s EIA-inspired…

Exposing The Oil Glut: Where Are The 550 Million Missing Barrels?!

Mar 09, 2016 at 15:53 | Leonard Brecken

If any of you have seen my early writings on OilPrice.com, you would know I have been steadfast in my criticism of the media exaggerating…

Why Saudi Arabia Has No Intention To End The Oil Glut

Mar 09, 2016 at 15:43 | Dwayne Purvis

In the geopolitical and oligopolistic global oil market, purely financial supply and demand has often been a secondary force, acting when it is allowed to act.…

Nigerian Pipeline Bombed, Knocking Off 300,000 Barrels Per Day

Mar 09, 2016 at 15:26 | Nick Cunningham

A bombed pipeline could cut into oil exports from Nigeria for the next few months. The Trans Forcados pipeline was struck by a bomb in…

Iran Slowly But Steadily Increasing Oil Market Share

Mar 09, 2016 at 15:12 | Rakesh Upadhyay

Iran is expected to raise the April Official Selling Price (OSP) of its flagship light crude oil to Asia to 25 cents above the Saudi’s similarly…

How Leonardo DiCaprio’s Carbon Footprint Clashes With His Climate Claims

Mar 09, 2016 at 13:41 | Robert Rapier

Leonardo DiCaprio recently won the Oscar for Best Actor for his performance in The Revenant. I saw the movie, and to my layman’s eye it…

Court Decision Threatens Midstream Sector

Mar 09, 2016 at 11:01 | Charles Kennedy

A federal bankruptcy judge ruled that Sabine Oil & Gas could withdraw from its contract obligations with pipeline companies to ship a certain volume of…

Oil Prices Up In Spite Of Crude Inventory Build

Mar 09, 2016 at 09:51 | Matt Smith

On the 84th birthday of the most wonderful Keely Smith (no relation, by the way), the oil market is reversing yesterday’s losses and going ‘zooma zooma’…

Chevron Protects Dividend, Cuts Another 36 Percent Off Spending

Mar 08, 2016 at 16:36 | Nick Cunningham

The largest oil companies are struggling to balance competing objectives with dramatically lower revenues compared to previous years. Nearly all have taken the axe to their…

Can LNG Exports Help Ailing US Producers? Apparently Not

Mar 08, 2016 at 16:35 | Irina Slav

Growth in U.S. natural gas production may have been the catalyst for the development of massive LNG export projects that led to the first American exports…

How Algorithmic Trading Makes Money On Energy

Mar 08, 2016 at 16:25 | Michael McDonald

It’s getting harder to be a human - at least a human making a good living in the financial markets. High frequency trading, algorithmic trading, dark…

The $9.2 Billion Bet Against OPEC Dominance

Mar 08, 2016 at 16:25 | Kurt Cobb

The $9.2 billion investors paid to snap up new equity offerings from U.S. oil companies in 2016 proves those investors are indeed ready for more…

Oil Rally Stalls As Storage Concerns Spike

Mar 08, 2016 at 15:07 | Evan Kelly

First of all, we take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the…

Six Reasons The Current Oil Short Covering May Have Legs

Mar 08, 2016 at 13:06 | Rakesh Upadhyay

The professional money managers covered 25,639 short contracts for crude oil last week—the highest figure in the past 11 months. These large short squeezes are indicative…

Oil Prices Fall As U.S. Inventory Build Seems Inevitable

Mar 08, 2016 at 10:08 | Matt Smith

One hundred and twenty-nine years after Everett Horton patented the telescopic fishing rod, and the recent oil rally is looking overextended. Let’s go on a wander…

The U.K. Is About To Boost Oil Exploration With An Old Trick

Mar 08, 2016 at 09:43 | Dave Forest

In 2000, Canadian miner Goldcorp changed its fortunes through a unique strategy: giving away its proprietary technical data. Dubbed the “Goldcorp Challenge”, the firm made all…

Oil Fundamentals Could Cause Oil Prices To Fall, Fast.

Mar 07, 2016 at 16:40 | Arthur Berman

Oil prices should fall, possibly hard, in coming weeks. That is because fundamentals do not support the present price. Prices should fall to around $30 once…

Contraction In U.S. Shale Pushes Oil To $40

Mar 07, 2016 at 16:38 | Nick Cunningham

Crude oil prices have rallied by more than 30 percent since early February and investors are growing more confident that a rebound is in order. Have…

U.S. Oil Companies Under Threat From Chinese Drones

Mar 07, 2016 at 16:36 | Michael McDonald

Perhaps the only major sector of the economy that has changed more than energy in the last decade is the defense industry. Military technology today differs radically from what was…

What A Falling Rig Count Can Do For Oil Prices

Mar 07, 2016 at 10:18 | Charles Kennedy

The U.S. rig count fell below 500 for the week ending on March 4, as another 13 oil and gas rigs fell victim to the oil…

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