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Oil Prices Spike On Middle East Tensions

Oil Prices Spike On Middle East Tensions

Oil prices jumped upwards on…

World’s Biggest Oil Trader Questions Its Own Fate

World’s Biggest Oil Trader Questions Its Own Fate

The world’s no.1 crude oil…

Russia Goes All In On Arctic Oil Development

Russia Goes All In On Arctic Oil Development

Fighting sanctions and low oil…

Energy

Saudi Arabia Looks To Shelve Aramco IPO

Saudi Arabia Looks To Shelve Aramco IPO

Oct 13, 2017 at 13:04 | Julianne Geiger

Oil giant Saudi Aramco is thinking about reneging on its much talked about plans to publicly list a 5% stake in the company, Financial Times sources said on Friday.…

Oil Prices Rise Amid Falling U.S. Rig Count

Oil Prices Rise Amid Falling U.S. Rig Count

Oct 13, 2017 at 12:32 | Julianne Geiger

The number of active oil and gas rigs in the United States decreased this week by 8 rigs. The total oil and gas rig count in the United States…

Mass EV Adoption Could Lead To $10 Oil

Mass EV Adoption Could Lead To $10 Oil

Oct 13, 2017 at 10:59 | Tsvetana Paraskova

The adoption of electric vehicles (EVs) could lead to global peak oil demand as soon as 2023, which will result in oil prices crashing to $10, Chris Watling, CEO &…

IEA: Oil Prices To Hit A Ceiling In 2018

IEA: Oil Prices To Hit A Ceiling In 2018

Oct 12, 2017 at 16:56 | Nick Cunningham

The global oil market continues to make progress, but the ongoing production gains from non-OPEC countries will probably act as a “the ceiling for aspirations of higher oil prices” in…

The New Challenger To Lithium Batteries

The New Challenger To Lithium Batteries

Oct 12, 2017 at 16:30 | Irina Slav

With the EV market about to explode and the European Union planning a battery-making consortium to bring the continent onto the global EV battery scene, Stanford researchers released a…

Goldman Sachs: Inventory Drawdowns Will Not Continue

Goldman Sachs: Inventory Drawdowns Will Not Continue

Oct 12, 2017 at 16:24 | Nick Cunningham

The September oil price rally was predicated on improving oil market fundamentals, bolstering confidence that the rebalancing process was accelerating. But the inventory declines reported in the third quarter might…

The Next Big Digital Disruption In Energy

The Next Big Digital Disruption In Energy

Oct 12, 2017 at 15:45 | Tsvetana Paraskova

Until recently, the energy industry was mostly associated with roughnecks, gushing greasy dirty oil, and centralized electricity distribution systems. But the digital revolution and technological advances have made even the…

Footloose Iraq Cannibalizes Saudi Market Share

Footloose Iraq Cannibalizes Saudi Market Share

Oct 12, 2017 at 11:26 | Matt Smith

Saudi Arabia continues to lead the charge in terms of the OPEC production cut deal - not only by keeping exports in check, but also by clearly communicating its next…

Draw In Crude Inventories Lifts Oil Prices

Draw In Crude Inventories Lifts Oil Prices

Oct 12, 2017 at 10:22 | Irina Slav

EIA today reported a 2.8-million-barrel draw in U.S. crude oil inventories for the week to October 6, lifting market spirits further amid higher oil demand growth projections from OPEC…

Oil Prices Poised To Rise In Early 2018

Oil Prices Poised To Rise In Early 2018

Oct 11, 2017 at 17:52 | Arthur Berman

Oil prices will be lower for longer—that is the conventional wisdom. Data suggests, however, that oil supplies are tightening and that higher prices are likely in the relatively near-future. Refined Product…

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