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Energy

Two Very Undervalued Energy Stocks

May 15, 2020 at 10:08 | Editorial Dept

Back in June of 2011, Marathon Oil (MRO) took the unusual step of spinning off its wholly-owned subsidiary, Marathon Petroleum (MPC). That went against conventional wisdom, which holds that diversification…

Saudi Arabia's Financial Crisis

May 15, 2020 at 10:08 | Editorial Dept

The Saudis are in more financial trouble than you might think, and while this threatens the Kingdom’s grip on power to some extent, it’s a threat the Crown Prince will…

Fragile Oil Markets Under Threat From 50 Million Barrels Of Saudi Crude

May 15, 2020 at 09:09 | Irina Slav

Some 50 million barrels of Saudi crude oil are approaching U.S. shores just as the Energy Information Administration reported the first inventory decline in months. This, according to Bloomberg, could reverse…

Oil Spikes Despite Pandemic Uncertainty

May 14, 2020 at 17:35 | Nick Cunningham

Oil prices have stabilized due to a rebound in demand and the “spectacular” drop in supply, according to a new report from the International Energy Agency (IEA). The reopening of…

How Accurate Are EIA And API Inventory Reports?

May 14, 2020 at 17:16 | Julianne Geiger

Oil markets have had yet another confusing week, this time not just because of the coronavirus and all the media attention that has garnered. But this week, disparate…

LNG Price War Could Send Natural Gas Into Negative Territory

May 14, 2020 at 16:22 | Alex Kimani

Jousting for market share at a time of massive supply/demand imbalances was the key reason why oil markets recently entered uncharted waters after dipping into negative territory. Unfortunately, leading natural…

Why Russia Will Struggle To Meet Its Production Cut Quota

May 14, 2020 at 14:32 | Irina Slav

The effect of oil well shut-ins on future production has become one of the main topics of discussion in the energy media lately, what with OPEC+ cutting millions of barrels…

Tesla Could Launch A Million-Mile Battery This Year

May 14, 2020 at 13:01 | Tsvetana Paraskova

Tesla is set to launch a million-mile battery as soon as this year or early in 2021 for its Model 3 in China, as part of a wider plan to…

Saudi Arabia Cuts June Oil Exports To Asia

May 14, 2020 at 12:23 | Tsvetana Paraskova

Saudi Arabia’s oil giant Aramco has slashed by up to 30 percent its crude oil allocations to at least three buyers in Asia for June, compared to what customers had…

Iran Unlocks New Funding Stream For Oil & Gas

May 14, 2020 at 11:13 | Simon Watkins

A small and tedious-looking announcement of the ratification of a bylaw relating to the issuance of securities appeared on Iranian government-affiliated websites last week and was unsurprisingly ignored…

U.S. Shale Needs To Slow Down To Survive

May 14, 2020 at 10:58 | Haley Zaremba

It has been a bleak couple of months for oil markets. Although markets recovered after going negative for the first time in history earlier this month, they didn’t…

Will Oil Prices Go Negative Again This Month?

May 14, 2020 at 09:56 | Irina Slav

The Commodity Futures Trading Commission has warned that as the expiry date for the June West Texas Intermediate contract approaches, the chances of extra price volatility have increased. The regulator…

Goldman Sachs: Oil Market Headed For Deficit In June

May 14, 2020 at 09:01 | Tsvetana Paraskova

Improving global oil demand and faster-than-expected production curtailments from outside the OPEC+ pact are set to push the oil market into…

Is EIA Data Disguising A Disastrous Decline In U.S. Shale?

May 13, 2020 at 17:47 | Nick Cunningham

The Trump administration claims that the U.S. is “transitioning to greatness,” and that energy companies are going to see “massive gains.” U.S. Secretary of Energy Dan Brouillette says there is…

Extra OPEC+ Cuts Fail To Impress Oil Markets

May 13, 2020 at 14:38 | Amad Shaikh

Last week was the calmest yet in the weeks following COVID-19 and price-war related events that have rocked the oil complex. Normal standard deviation in Brent in w-o-w is about…

OPEC Slashes 2020 Oil Demand Forecast By 9 Million Bpd

May 13, 2020 at 12:35 | Tsvetana Paraskova

OPEC slashed on Wednesday its global oil demand estimates for this year while cutting its forecast for non-OPEC supply as oil producers outside the OPEC+ pact accelerate production curtailments due…

Tesla Energy: Elon Musk's Next Big Plan

May 13, 2020 at 12:07 | Haley Zaremba

The way that you trade energy could soon have a whole lot more star power. Elon Musk is entering the energy trading scene with a new

Global Oil Demand Could Take Years To Recover

May 13, 2020 at 11:33 | Tsvetana Paraskova

Global oil demand will take at least a year--and probably much longer--to return to the pre-crisis levels of 100 million barrels per day (bpd), Fatih Birol, Executive Director of the…

Are Venezuelan Oil Exports Poised For A Comeback?

May 13, 2020 at 10:22 | Viktor Katona

As the international community seeks answers with regards to the failed armed incursion into Venezuela that took place May 4, allegedly with the immediate participation of former US military veterans,…

Oil Prices Jump On Surprise Crude Inventory Draw

May 13, 2020 at 09:42 | Irina Slav

Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 700,000 barrels for the week to May 8. This compared with…

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