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China Buys Up Russian Oil

China Buys Up Russian Oil

China is on track to…

Oil Gains Momentum as China's Demand Outlook Improves

Oil Gains Momentum as China's Demand Outlook Improves

Oil prices are steadily increasing,…

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Why Do Gasoline Prices Rise in Spring?

Spring brings higher gas prices…

Energy

Market Mayhem Has Some Way To Go

Jan 21, 2015 at 14:57 | Euan Mearns

Most of us won’t have noticed much market mayhem going on in our daily lives, distracted by terrorism in the heart of Europe. An instantaneous jump of 30% in the…

IMF Says Oil Drop Permanent, OPEC Says Rebound Soon

Jan 21, 2015 at 10:02 | ZeroHedge

Because nothing says 'stability' like a Central Bank in charge of things, the smartest richest men in the world have proclaimed in Davos this week that "we need a…

Expanding Russia Issues Europe An Ultimatum

Jan 20, 2015 at 16:48 | Colin Chilcoat

Don’t tell the West, but Vladimir Putin isn’t changing. The Russian President has skipped their little ‘lesson’ on 21st century politics in favor of his own, unadulterated, version. In what…

Spain To Consider Fracking Following Canary Islands Failure

Jan 20, 2015 at 16:29 | Nick Cunningham

A highly controversial oil project that Spain’s national government had pinned its hopes on was just cancelled. Spanish oil giant Repsol has decided to call off drilling near the Canary…

Alberta One Of Hardest Hit By Lower Oil Prices

Jan 20, 2015 at 16:12 | Andy Tully

The week ending Jan. 17 was a bad one for Alberta, the Canadian province that once was enjoying an oil boom. Schlumberger, the oil services giant in Canada’s west,

Corruption Scandal Threatens Brazilian Oil Developments

Jan 20, 2015 at 15:57 | Global Risk Insights

Petrobras looked like a model for transparency in the energy sector and, with a recent discovery of large offshore deposits, was poised to make Brazil a regional energy superpower. However,…

Next Wave Of North Sea Oil Could Deliver A Billion Barrels

Jan 20, 2015 at 15:47 | Steve Brown

The development of heavy oil in the UK goes back further than most people realize. All the way back to 1787, in fact. That was when miners struck a spring…

IEA Provides First Sign That Tide May Be Turning For Oil Prices

Jan 19, 2015 at 14:29 | Dan Steffens

Last week, energy investors got the first of several reports that should confirm for Wall Street analysts that the physical markets for crude oil are responding to the sharp drop…

Crushing The U.S. Energy Export Dream

Jan 19, 2015 at 14:19 | Arthur Berman

Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time.  Exporting gas is dumb. Exporting oil is dumber. The U.S. imports…

Oil Price Collapse Hurting Some More Than Others

Jan 19, 2015 at 14:08 | Nick Cunningham

U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The…

Keystone XL Pipeline: Why The Big Fuss?

Jan 19, 2015 at 14:01 | Euan Mearns

Lobbyists are mobilizing to advance it. Environmentalists are mobilizing to stop it. The newly-elected Republican House has already voted to approve it. So has the newly elected Republican Senate. Obama…

Iranian Oil Industry Not Threatened By $25 Oil Claims Minister

Jan 19, 2015 at 10:45 | ZeroHedge

The precarious "game theory" equilibrium that worked for decades while OPEC was still a functioning cartel is unwinding before everyone's eyes. Just as Saudi Arabia accurately anticipated, the lower the…

Oil Industry Withdraws From High Cost Areas

Jan 16, 2015 at 16:45 | Nick Cunningham

The oil industry is pulling back from some marginal areas of operation, slashing jobs and spending, and retrenching in the face of the ongoing slump in oil markets. Signs of…

Low Oil Prices Have Silver Lining For Latin America’s Heavy Crude Producers

Jan 16, 2015 at 16:18 | Lisa Viscidi

The recent decline in oil prices has been devastating to the government coffers of some of Latin America’s oil-dependent countries, including Venezuela, Colombia and Ecuador. But seldom mentioned is that…

How Much Punishment Can Russia’s Oil Industry Take?

Jan 16, 2015 at 16:11 | ISN Security Watch

No doubt most in Russia are wishing for a rapid rebound in the oil price and a significant recovery in the value of the ruble. Unfortunately, neither seems likely anytime…

Low Oil Prices Force OPEC Members To Rethink 2015 Budgets

Jan 16, 2015 at 16:02 | Andy Tully

The persistent drop in oil prices is prompting more oil-rich OPEC countries to revise the projected revenues in their coming budgets. Already, Saudi Arabia, the world's largest producer of oil…

Bakken Data Continues To Confound

Jan 16, 2015 at 15:52 | Ron Patterson

The North Dakota Industrial Commission is out with the Bakken November Production Data and the North Dakota Production Data.Bakken production…

This Week In Energy: Oil Majors Taking Ruthless Measures To Survive

Jan 16, 2015 at 14:11 | Evan Kelly

  Following five straight days of losses, U.S. stocks made minor gains Friday morning in light of the shock news coming from Switzerland which has market experts scratching their…

Bottom Fishing In Oil’s Stormy Seas

Jan 16, 2015 at 13:12 | Dan Dicker

Calling a bottom in oil is a fool’s errand. What’s more important here is in trying to gauge how oil will trade AFTER it finds a bottom. And that isn’t…

Averaging May Be Worth A Shot Right Now

Jan 16, 2015 at 13:09 | Martin Tillier

I have said in past weeks that I believe the mid-40s would provide support for WTI prices, and so far that has been the case. There has hardly been a…

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