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Energy

Some Intense Short Covering Could Be Around The Corner

Jan 08, 2016 at 17:40 | Jim Hyerczyk

February Crude Oil The week started out strong with February Crude Oil futures spiking to $38.39 early during Monday’s session, but by the end of the…

Is $20 Oil A Possibility?

Jan 08, 2016 at 15:45 | Evan Kelly

The first week of trading in 2016 has gone into the books as the worst opening week in history. First of all, we'll look at some of the key figures…

Shocking: ISIS Attacks On Libyan Oil Facilities Visible from Space

Jan 08, 2016 at 14:03 | Charles Kennedy

ISIS militants in Libya continue to attack key oil infrastructure in the country. The two large oil export terminals at Es Sider and Ras Lanuf came…

Saudis Ponder Selling Stake In Aramco, Oil Keeps Falling

Jan 08, 2016 at 10:16 | Matt Smith

This morning’s fanfare is not only for the first Nonfarm Friday of the year, but also in honor of David Bowie’s 69th birthday). And sure enough…

Oil Producers Here Are Now Getting Double The World Price

Jan 08, 2016 at 09:47 | Dave Forest

Last month I wrote about soaring profits for resource companies working in Argentina. With local costs for such firms plunging following the devaluation of the…

Crude Hits New Lows Despite Geopolitical Unrest

Jan 07, 2016 at 16:47 | James Stafford

The conflict between Saudi Arabia and Iran appears to be escalating, but oil markets continue to shrug off the news. Less than a week after the…

How Capital Inflows Can Affect Oil Service Activity In 2016

Jan 07, 2016 at 16:37 | David Yager

As the New Year begins, there have been endless prognostications on what will happen to the price of oil and the subsequent impact upon oilfield service…

TransCanada Sues U.S. For $15 Billion Over Keystone XL Rejection

Jan 07, 2016 at 16:03 | Andy Tully

TransCanada Corp., which lost its bid to build the Keystone XL oil pipeline from western Canada through the United States to the Gulf Coast, is taking…

Asian Shipbuilders Brace For Rough Times As Offshore Sector Wavers

Jan 07, 2016 at 15:48 | Michael McDonald

The New Year is setting off on a dour note for energy investors of all stripes, but among those who should be the most concerned are…

Oil Touches $32 Handle As Panic Takes Hold Of Chinese Markets

Jan 07, 2016 at 10:22 | Matt Smith

It is Dustin Diamond’s 39th birthday today, and accordingly the crude complex is screeching lower – fast approaching the roaring $20s. Blink and you would have…

Petro Currencies Under Fire As Oil Keeps Sliding

Jan 06, 2016 at 17:02 | Nick Cunningham

Low oil prices put pressure on the budgets of major oil producing countries in 2015, but the next domino to fall could be their currencies. Petro-economies…

Why The U.S. Can’t Be Called A ‘Swing Producer’

Jan 06, 2016 at 16:22 | Arthur Berman

Daniel Yergin and other experts say that U.S. tight oil is the swing oil producer of the world. They are wrong. It is preposterous…

Maduro Sees His Power Crumble, Will Venezuela’s Oil Be Privatized?

Jan 06, 2016 at 15:55 | Andy Tully

Venezuela’s socialist President Nicolas Madur says the new majority in the National Assembly plans to privatize the country’s most lucrative industries, the state-run oil and telecommunications…

Oil Trades 4 Percent Lower Over Bearish Inventory Reports

Jan 06, 2016 at 10:42 | Charles Kennedy

Oil traders woke up on January 6 to the news that Brent crude traded below $35 per barrel for the first time in 11 years. The…

Oil Prices Continue To Slide As Gasoline Inventories Build

Jan 06, 2016 at 10:06 | Matt Smith

On SuperChef Nigella Lawson’s 56th birthday, the crude complex has all the ingredients for a rampant sell-off. Despite the ongoing tension in the Middle East, oil…

10 Key Energy Trends To Watch For In 2016

Jan 05, 2016 at 17:29 | Nick Cunningham

Energy investors got clobbered in 2015, and are hoping for things to turn positive as we head into the New Year. What can we expect in…

Is ISIS Trying To Seize Libyan Oil Assets?

Jan 05, 2016 at 17:19 | Andy Tully

The Islamic State appears to be trying to add Libyan oil to its source of funding, now that its control of energy outlets in Iraq and…

This Oil Frontier Just Became More Interesting For Oil Majors

Jan 05, 2016 at 16:54 | Andy Tully

Now that Myanmar has opened up to foreign investment after more than 50 years of military rule, one of the first entrants in the country’s energy…

Middle East Tension Won’t Rescue Oil Prices

Jan 05, 2016 at 13:37 | Evan Kelly

First of all, we will take a quick look at some of the critical figures and data in the energy markets this week. Last year ended on a sour note,…

Panic In Chinese Markets Has Commodity Traders On Edge

Jan 05, 2016 at 10:34 | Matt Smith

In honor of Bradley Cooper’s 41st birthday, the crude complex is suffering from a hangover – unable to muster a rally after yesterday’s whipsawing sell-off. We’ve…

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