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The Natural Gas Market Is Set To Boom

The Natural Gas Market Is Set To Boom

With the new lower-for-longer oil…

Rising OPEC Production Weighs On Oil Prices

Rising OPEC Production Weighs On Oil Prices

After seeing a slight drop…

Energy

Are Combustion Engines Reaching Peak Demand?

Are Combustion Engines Reaching Peak Demand?

Oct 18, 2017 at 14:59 | Peter Tertzakian

Imagine if we woke up tomorrow and read the headline, “GLOBAL PACT: ALL COUNTRIES AGREE TO BAN THE SALE OF INTERNAL COMBUSTION ENGINES.” And then imagine that we wake up…

The World's Top Crude Trader Sees Brent Crashing To $45

The World's Top Crude Trader Sees Brent Crashing To $45

Oct 18, 2017 at 13:39 | Julianne Geiger

The world’s largest oil trader sees the price of the Brent barrel falling almost $14 to $45 in 2018, from its current price of $58.01, according to Ian Taylor, CEO…

OPEC Favors 9-Month Extension Of Production Cut Agreement

OPEC Favors 9-Month Extension Of Production Cut Agreement

Oct 18, 2017 at 10:51 | Julianne Geiger

OPEC favors a nine-month extension to the OPEC/NOPEC production cut deal, according to four anonymous Reuters sources, which would push out the agreement until December 2018. The possibility of…

Major Crude Oil Draw Sends Oil Prices Higher

Major Crude Oil Draw Sends Oil Prices Higher

Oct 18, 2017 at 09:58 | Irina Slav

A day after API’s estimate of a 7.13-million-barrel draw in U.S. oil inventories led benchmark prices higher, the EIA added to bullishness by reporting inventory figures largely in…

Iran Ready For OPEC Oil Deal Extension

Iran Ready For OPEC Oil Deal Extension

Oct 18, 2017 at 09:20 | Irina Slav

Iran is ready to take part in a further extension of the OPEC oil production cut deal, the country’s Deputy Minister for Trade and International Affairs said at an…

The Natural Gas Market Is Set To Boom

The Natural Gas Market Is Set To Boom

Oct 17, 2017 at 16:25 | Tsvetana Paraskova

Lower-for-longer oil prices and the advance of renewable energy and electric vehicles have made Big Oil plan for a gradual shift toward natural gas in their production portfolios.   All…

Big Oil To Bet On Petrochemicals As Demand Peak Looms

Big Oil To Bet On Petrochemicals As Demand Peak Looms

Oct 17, 2017 at 16:20 | Irina Slav

Remember that “This Ain’t Your Daddy’s Oil” commercial that blew up on Twitter at this year’s Super Bowl? It was about crude oil being used for things other than…

The U.S. LNG Boom Could Be About To Stall

The U.S. LNG Boom Could Be About To Stall

Oct 17, 2017 at 13:56 | Alan Mammoser

While speaking before industry executives last June, United States President Donald Trump asserted that he had “ended the war on coal” and that America would be “dominant” in energy. But…

Oil Fundamentals Overturn Geopolitical Risk

Oil Fundamentals Overturn Geopolitical Risk

Oct 17, 2017 at 13:19 | Tom Kool

Oil posted gains on Monday on news that the Iraqi military had seized control of Kirkuk, but oil fundamentals and the large supply capacity of both OPEC and U.S. shale…

Goldman: U.S.-Iran Standoff Is A Long-Term Threat To Oil Supply

Goldman: U.S.-Iran Standoff Is A Long-Term Threat To Oil Supply

Oct 17, 2017 at 11:21 | Tsvetana Paraskova

While the Kurdistan-Iraq standoff is a risk to shorter-term oil production, the increased tensions between neighboring Iran and the U.S. are a longer-term and bigger threat to global oil…

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