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Mass EV Adoption Could Lead To $10 Oil

Mass EV Adoption Could Lead To $10 Oil

As the adoption of electric…

Oil Markets Brace For Another Hurricane

Oil Markets Brace For Another Hurricane

Oil prices drew back this…

Kobe Steel Scandal Could Rattle Nuclear Industry

Kobe Steel Scandal Could Rattle Nuclear Industry

The scandal at Japan’s Kobe…

Energy

Is The War On Coal Really Over?

Is The War On Coal Really Over?

Oct 11, 2017 at 13:54 | Nick Cunningham

“The war against coal is over.” That was the claim from EPA chief Scott Pruitt ahead of his announcement that he would rewrite a signature climate change program from the…

How OPEC Continues To Cheat On Its Own Deal

How OPEC Continues To Cheat On Its Own Deal

Oct 11, 2017 at 12:16 | Ron Patterson

All data below is based on the latest OPEC Monthly Oil Market Report.All data is through September 2017 and is in thousand barrels per day.…

Russia Gets Foothold In The World’s Hottest NatGas Discovery

Russia Gets Foothold In The World’s Hottest NatGas Discovery

Oct 11, 2017 at 10:16 | Dave Forest

Chinese E&P major Sinopec reportedly put its Argentina assets up for a $1 billion sale this week. With one of the interested buyers said to be Russia’s Rosneft.  And that latter…

Rising OPEC Production Weighs On Oil Prices

Rising OPEC Production Weighs On Oil Prices

Oct 11, 2017 at 09:36 | Irina Slav

After a brief respite in August, OPEC oil production rose once again in September, to 32.75 million bpd, up 88,500 bpd from the previous month, the cartel…

OPEC To Take Drastic Action Despite Shale Slowdown

OPEC To Take Drastic Action Despite Shale Slowdown

Oct 10, 2017 at 16:54 | Nick Cunningham

WTI recently dipped below $50 per barrel for the first time in a month, erasing the strong September rally. It’s no coincidence that after two weeks of price declines, OPEC…

India’s Urban Explosion Boosts Oil Demand

India’s Urban Explosion Boosts Oil Demand

Oct 10, 2017 at 16:39 | Zainab Calcuttawala

An urbanizing Indian population poses a threat to the international agenda to reduce carbon emissions in the coming years, according to most models of development that are based on…

Europe Stands Divided On Gazprom’s Nord Stream 2 Pipeline

Europe Stands Divided On Gazprom’s Nord Stream 2 Pipeline

Oct 10, 2017 at 15:39 | Tsvetana Paraskova

Nord Stream 2—Gazprom’s pipeline project to twin the existing Nord Stream pipeline between Russia and Germany via the Baltic Sea, is dividing European nations and European Union (EU) institutions—with…

World’s No.1 Oil Trader: U.S. To See Final Oil Output Spike In 2018

World’s No.1 Oil Trader: U.S. To See Final Oil Output Spike In 2018

Oct 10, 2017 at 15:13 | Julianne Geiger

The best is yet to come for US oil production—but it will be a short-lived hurrah, according to Ian Taylor, head of oil trading giant Vitol. US oil production…

Aggressive OPEC Pushes Oil Prices Up

Aggressive OPEC Pushes Oil Prices Up

Oct 10, 2017 at 13:05 | Tom Kool

Oil prices firmed up just a bit on the very aggressive comments from OPEC’s top official, although the bull run from September does not appear to be set to return.

This Key Data Points At Strong U.S. Oil Demand

This Key Data Points At Strong U.S. Oil Demand

Oct 10, 2017 at 12:44 | Jon LeSage

Gasoline prices haven’t gone up high enough in the U.S. to have any real impact on car buyers choosing more fuel-efficient vehicles. A university study reports that fuel economy in…

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