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IEA Cuts 2024 Oil Demand Growth Forecast

IEA Cuts 2024 Oil Demand Growth Forecast

Global oil demand growth is…

Namibia Racks Up Another Major Offshore Oil Discovery

Namibia Racks Up Another Major Offshore Oil Discovery

Shares of Portuguese integrated energy…

Energy

How The Energy Crash Revealed A Weak Global Economy

Jan 27, 2016 at 16:35 | Kurt Cobb

"Down" is such a downer word. That's why when prices fall for practically anything Wall Street wants to sell you, Wall Streeters talk about volatility instead.…

Rumors of OPEC-Russia Coordination Send Oil Prices Surging

Jan 27, 2016 at 11:58 | Charles Kennedy

Oil prices surged by midday on Wednesday on comments from Russian officials hinting at possible coordination with OPEC on production cuts in an effort to arrest…

Canada To Step Up Climate Scrutiny On Oil Pipelines

Jan 27, 2016 at 11:06 | Charles Kennedy

The Canadian government is set to impose stricter criteria for evaluating major energy infrastructure projects like oil and gas pipelines or liquefied natural gas export terminals.…

Oil Prices Down As U.S. Crude Inventories Hit 80 Year High

Jan 27, 2016 at 09:50 | Matt Smith

Thirty-two years after Cyndi Lauper released one of her most popular hits (how scary is that?!), and yep, the weekly EIA inventory report heralds a bearish tone for the crude…

Only Recession Can Prevent An Oil Price Spike

Jan 26, 2016 at 17:13 | Nick Cunningham

The biggest result from the collapse in oil prices could be a future price spike. Oil prices at $30 per barrel have put most producers under…

No-Holds-Barred Price War Brings Gas Down To 47 Cents In Michigan

Jan 26, 2016 at 17:11 | Julianne Geiger

As three Michigan gas stations aggressively battled for customers last week in an all-out price war, sending gas prices down to 47 cents per gallon—just pennies above the federal…

Does This Signal A Bottom For NatGas Companies?

Jan 26, 2016 at 17:06 | Rakesh Upadhyay

Investors are suddenly finding value in beaten down natural gas stocks as crude oil prices hit new lows, in what might signal a bottom for gas…

Weak Global Economic Growth Linked To Oil Price Collapse

Jan 26, 2016 at 12:31 | Editorial Dept

We begin with a quick look at some of the critical figures and data in the energy markets this week before looking at some of the key market movers and…

Did The Supreme Court Just Put The Nail In The Coffin For Utilities?

Jan 26, 2016 at 11:06 | Leonard Hyman & William Tilles

The U.S. Supreme Court Upholds FERC Order 745: Bad News for Electric Generators and Good News for Consumers On Monday (January 25) the U.S. Supreme Court, by a 6 to…

OPEC’s Trillion Dollar Mistake

Jan 26, 2016 at 10:30 | Robert Rapier

A few days after Christmas I appeared on CNBC Asia’s Squawk Box to discuss the volatility in the oil market. Bernie Lo asked a question about OPEC’s strategy, and…

Oil Up 3% But Bearish News Is On The Way

Jan 26, 2016 at 10:13 | Matt Smith

Sixty years to the day after Buddy Holly’s first official recording session took place, and “Blue Days, Black Nights” have become a common occurrence for the…

60 Reasons Why Oil Investors Should Hang On

Jan 25, 2016 at 15:49 | Dan Doyle

Inventories will continue to rise, but the momentum is slowing. The following are some observations as to how we got here and how we’re gonna get…

Oil Prices in 2016 Will Be Determined By These 6 Factors

Jan 25, 2016 at 15:48 | Allen Gilmer

(Click to enlarge) The one given in this industry is that the analyst community is consistently wrong about where…

Is A Russian, OPEC Production Cut In The Making?

Jan 25, 2016 at 14:36 | Nick Cunningham

The head of OPEC called on oil producers around the world to work together to address the current state of oversupply. “It is vital the market…

Saudi Aramco Chairman Talks Oil Down

Jan 25, 2016 at 11:56 | Charles Kennedy

The sharp rally in oil prices at the end of last week came to an abrupt halt on Monday, with WTI and Brent both trading down…

Oil Crash Only The Tip Of The Iceberg

Jan 25, 2016 at 10:47 | Rakesh Upadhyay

We may be enjoying amazingly low prices at the gas pump, but as oil prices continueing to slide we must also remember the catastrophic events that have followed almost every…

Oil Prices Falling Again As Oversupply Fears Reign

Jan 25, 2016 at 10:25 | Matt Smith

One hundred and thirty-four years after the birth of Virginia Woolf, and action in the crude complex is night and day compared to Friday. After rampant…

U.S. Land Rig Count 22 Jan 2016

Jan 23, 2016 at 20:37 | Arthur Berman

The U.S. land rig count for the week ending 22 January 2016 was 607, down 16, and the horizontal land rig count was 500, down 11…

How Soon Could A Sustained Oil Price Rally Occur?

Jan 22, 2016 at 17:38 | David Yager

There’s an old saying in journalism that goes, “Never let the facts ruin a good story.” This accurately describes what should be called The Incredible Shrinking…

Security Woes Threaten OPEC’s Second Largest Producer

Jan 22, 2016 at 17:38 | Tom Kool

Iraq has been one of the key contributors to the uptick in OPEC oil production over the past year and a half. Despite the fact that…

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