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Can Oil Break The $70 Threshold?

Can Oil Break The $70 Threshold?

Oil markets appear reluctant to…

A Correction For WTI Is In The Making

A Correction For WTI Is In The Making

WTI crude has become overbought…

Is $70 The Ceiling For Oil Prices?

Is $70 The Ceiling For Oil Prices?

Oil has rallied far higher…

Energy

Cold Snap Leads To Biggest U.S. Natural Gas Draw Ever

Cold Snap Leads To Biggest U.S. Natural Gas Draw Ever

Jan 11, 2018 at 12:37 | Tsvetana Paraskova

The freezing temperatures in most of the Eastern U.S. in the week to January 5 led to the biggest ever weekly withdrawal from natural gas storage, data by…

Will Surging U.S. Shale Kill Off The Oil Rally?

Will Surging U.S. Shale Kill Off The Oil Rally?

Jan 11, 2018 at 11:43 | Nick Cunningham

The U.S. shale industry is bringing enormous volumes of new oil supply online, breaking records each month. The U.S. could top 10 million barrels per day (mb/d) by February, and…

UAE Oil Minister: OPEC Deal Could Extend Beyond 2018

UAE Oil Minister: OPEC Deal Could Extend Beyond 2018

Jan 11, 2018 at 09:15 | Irina Slav

The OPEC/Russia deal for crude oil production cuts could extend beyond 2018, the United Arab Emirates’ energy minister, Suhail al-Mazrouei has suggested. Speaking to CNBC, Al-Mazrouei said "I am…

3 Million Barrels Per Day Could Go Offline In 2018

3 Million Barrels Per Day Could Go Offline In 2018

Jan 10, 2018 at 16:40 | Nick Cunningham

Venezuela’s oil production has been falling for years, but 2018 could mark a new, darker chapter for the South American nation. Late last year, Venezuela’s government defaulted on millions of…

Blockchain Tech Is Transforming The Energy Industry

Blockchain Tech Is Transforming The Energy Industry

Jan 10, 2018 at 16:39 | Haley Zaremba

Blockchain is more than just a buzzword. It truly has the potential to turn entire industries on their heads. In many ways, the energy sector has been slow to adopt…

Expect A New Wave Of Oilfield Service IPOs In 2018

Expect A New Wave Of Oilfield Service IPOs In 2018

Jan 10, 2018 at 14:29 | Irina Slav

This time last year, the oilfield service sector started showing the first signs of hope and optimism after the OPEC/Russia deal to cut crude oil production by 1.8 million bpd…

The Biggest Loser Of The OPEC Deal

The Biggest Loser Of The OPEC Deal

Jan 10, 2018 at 14:11 | Tsvetana Paraskova

OPEC’s oil production and supply cuts—now in their second year—have claimed a victim. It’s an industry that’s vital for the crude oil exports of oil-producing countries: supertanker shipping. The supertankers,…

Federal Regulators Deal Huge Blow To The Coal Industry

Federal Regulators Deal Huge Blow To The Coal Industry

Jan 10, 2018 at 14:01 | Nick Cunningham

Trump’s bailout for coal and nuclear plants was unanimously rejected by regulators on Monday, undermining the administration’s effort to prop up the ailing industries. The Federal Energy Regulatory Commission (FERC),…

A Rare High-Profile Utility Takeover

A Rare High-Profile Utility Takeover

Jan 10, 2018 at 11:30 | Leonard Hyman & William Tilles

Dominion Energy, Virginia’s largest utility, announced a takeover of holding company SCANA. SCANA's principal operating subsidiary, South Carolina Electric & Gas, is the main privately owned electric and gas company…

Goldman: OPEC Will Talk Oil Prices Down If Brent Tops $70

Goldman: OPEC Will Talk Oil Prices Down If Brent Tops $70

Jan 10, 2018 at 10:12 | Tsvetana Paraskova

OPEC doesn’t want central banks around the world the start responding to inflationary pressure from oil prices above $70 a barrel, nor do they want U.S. shale investments to rise,…

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