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Bullish Sentiment Is Back In Oil Markets

Bullish Sentiment Is Back In Oil Markets

Optimism has returned to oil…

Creating The OPEC Of Natural Gas

Creating The OPEC Of Natural Gas

Global gas supply is growing…

Energy

The New OPEC+ Deal May Not Cause A Real Rally In Oil

The New OPEC+ Deal May Not Cause A Real Rally In Oil

Dec 06, 2019 at 12:29 | Editorial Dept

The early reaction in oil futures following this morning’s announcement by OPEC and its partners in the production cuts that they will cut by another 500 thousand barrels per day…

Bullish Sentiment Is Back In Oil Markets

Bullish Sentiment Is Back In Oil Markets

Dec 06, 2019 at 12:28 | Editorial Dept

Hedge funds are back in buying mood as of last week, with hopes of further OPEC+ production cuts adding optimism to markets. Analyst predictions that U.S. shale growth will start…

Oil Jumps On ‘’Saudi Surprise’’

Oil Jumps On ‘’Saudi Surprise’’

Dec 06, 2019 at 12:23 | Tom Kool

Oil prices rose on Friday morning, fueled by optimism about the new OPEC+ deal and the Saudi promise to, once again, overcomply with their production quota

Oil Rig Count Slides Amid OPEC Optimism

Oil Rig Count Slides Amid OPEC Optimism

Dec 06, 2019 at 12:19 | Julianne Geiger

The US oil and gas rig count continued to fall this week, according to Baker Hughes, falling by 3 rigs for the week, according to Baker Hughes, with no obvious…

Morgan Stanley: Tesla Stock Could Hit $500

Morgan Stanley: Tesla Stock Could Hit $500

Dec 06, 2019 at 10:21 | Irina Slav

Tesla’s share price could soar to $500 if the company sells a lot of Cybertrucks and its Chinese gigafactory performs better than expected, a Morgan Stanley analyst has said in…

The Toughest Part Of The OPEC Deal

The Toughest Part Of The OPEC Deal

Dec 06, 2019 at 09:32 | Irina Slav

An agreement to deepen oil production cuts by 500,000 bpd has put OPEC members at odds with each other as they try to hammer out the individual…

Six Oil Stocks To Survive The Shale Bust

Six Oil Stocks To Survive The Shale Bust

Dec 05, 2019 at 16:30 | Anes Alic

The shale oil boom that has captivated the imagination of the energy universe is showing unmistakable signs of serious malaise. U.S. oil production has been increasing, but at a slower…

Cautious Canadian Oil Majors Forced To Cut Spending

Cautious Canadian Oil Majors Forced To Cut Spending

Dec 05, 2019 at 16:15 | Irina Slav

Canada’s biggest oil companies sent mixed signals with a series of budget announcement this week, with some upbeat about next year and others more cautious, with plans to cut spending…

Coal Is Dead, But China Is Reviving It

Coal Is Dead, But China Is Reviving It

Dec 05, 2019 at 15:53 | Irina Slav

When the news broke that a startup funded by Bill Gates had succeeded in generating temperatures of more than 1,000 degrees Celsius using solar energy, it dealt a blow…

OPEC+ Agrees To Deeper Output Cuts

OPEC+ Agrees To Deeper Output Cuts

Dec 05, 2019 at 14:53 | Julianne Geiger

The OPEC meeting ended with ministers approving additional production cuts for Q1 2020, two delegation sources told Russian news outlet TASS on Thursday afternoon. The cuts for the OPEC+…

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