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Energy

How Blockchain Is Changing The Face Of Oil Trading

Feb 14, 2019 at 14:27 | Irina Slav

As the hype around blockchain subsides and actual applications come to light, the technology is beginning to change the face of a huge industry: crude oil and gas trading. This…

Russian Energy Minister: We Avoided $25 Oil With OPEC Deal

Feb 14, 2019 at 13:36 | Tsvetana Paraskova

The OPEC/non-OPEC production cut agreement has significantly benefited Russia’s budget and companies, as it put a floor under oil prices, Russian Energy Minister Alexander Novak said on Thursday. Oil…

Can U.S. Gas Production Keep Up With Demand?

Feb 14, 2019 at 12:01 | Robert Rapier

In the previous article, I discussed the global nature of the oil markets. But the shale oil boom in the U.S. temporarily increased the localized impact on the West Texas Intermediate (WTI) benchmark. As a…

Maduro Says Oil Output Will Rise By 1 Million Bpd

Feb 14, 2019 at 10:47 | Irina Slav

Venezuela’s president Nicolas Maduro has declared that the country will increase its crude oil production by 1 million bpd along with production increases in other commodity sectors, TASS reports,…

2 Reasons Why Big Oil Isn’t Rushing Into Renewables

Feb 14, 2019 at 09:30 | Tsvetana Paraskova

Squeezed between peak oil demand forecasts and investor demand for increasingly environmentally conscious investments, the world’s largest oil companies have started to venture into clean energy and new technologies in…

Emerging ‘Quality’ Problem To Haunt Oil Markets

Feb 13, 2019 at 17:07 | Nick Cunningham

Quality matters, not quantity. That was the message from the International Energy Agency (IEA) in its latest Oil Market Report. The world has plenty of oil, but perhaps not the…

A New Twist In Europe’s Ongoing Gas Drama

Feb 13, 2019 at 16:07 | Tim Daiss

More news has broken about Germany’s natural gas plans that could help provide markets for U.S. liquefied natural gas (LNG), but could also cause problems for the nearly completed Nord…

The February Hangover In Oil Markets

Feb 13, 2019 at 15:58 | Editorial Dept

Have you ever celebrated an event too much? The next day isn’t always very fun. Sometimes the most enjoyable events in life such as holiday parties, weddings and birthdays are…

Global Intelligence Report - 13th February 2019

Feb 13, 2019 at 15:54 | Editorial Dept

Sources -Western diplomat in Libya- Libyan government official- Energy consultant with background in Libyan oil plays- Political analyst/expert on Libyan domestic politics and geopolitics- Turkish private…

Iran’s Present Is Shaky, Its Future Is Precarious

Feb 13, 2019 at 15:50 | Editorial Dept

It is genuinely difficult to predict what the Iran conundrum would lead to in the end, however, the current setup appears to be a very sophisticated collision course. Quite remarkably,…

LNG’s Downstream Glitch

Feb 13, 2019 at 15:46 | Ross McCracken

A slowing Chinese economy and upcoming elections in India could both impact a hitherto robust demand outlook for the LNG industry, which currently occupies an enviable place in the energy…

Markets Impressed By Extra Saudi Production Cuts

Feb 13, 2019 at 14:00 | Editorial Dept

After the uncertainty and stress of the past weeks, the mid-February oil market is definitely showing signs of a more favorable working environment for all of us. Saudi Arabia has…

Looming Elections Could Exacerbate Alberta’s Pipeline Problems

Feb 13, 2019 at 13:48 | Haley Zaremba

As Canada continues to struggle with a dire deficit in pipeline capacity, the government is looking for new solutions. With oil prices deep in decline, the Alberta provincial government has…

Goldman: ‘Shock And Awe’ OPEC Cuts To Send Oil Higher Soon

Feb 13, 2019 at 13:05 | Tsvetana Paraskova

Goldman Sachs expects Brent Crude prices to hit US$67.50 a barrel in the second quarter of the year as ‘shock and awe’ production cuts by OPEC and increased supply…

Can Ukraine Gain Energy Independence?

Feb 13, 2019 at 11:49 | Christopher Stakhovsky

Last month, Ukraine announced that it had exported its own natural gas to Europe for the first time in 15 years. Although the amount was small – practically the…

Oil Rises Despite Rising Oil, Product Inventories

Feb 13, 2019 at 09:49 | Irina Slav

Crude oil prices inched down today after the Energy Information Administration reported a crude oil inventory build of 3.6 million barrels for the week to February 8. This compares…

Oil Prices Rise On Larger-Than-Expected OPEC Production Cuts

Feb 13, 2019 at 08:58 | Tsvetana Paraskova

Oil prices rose early on Wednesday, supported by a renewed commitment of OPEC and its de facto leader and biggest producer Saudi Arabia to cut deeper than pledged and do…

Fifty Shades Of Shale Oil

Feb 12, 2019 at 16:33 | Nawar Alsaadi

The rise of U.S. tight oil production over the last several years has upended the oil market and challenged OPEC’s hold on oil prices. This seemingly relentless growth in U.S.…

OPEC’s Next Big Crisis

Feb 12, 2019 at 16:16 | Nick Cunningham

OPEC is having some success in heading off another oil market downturn, but over the medium-term the cartel faces much more serious risks. “OPEC's production growth outlook over the medium…

Hedge Funds Unsure Where Oil Prices Are Going

Feb 12, 2019 at 16:07 | Tsvetana Paraskova

Following an optimistic start to the year and the best January ever for oil prices, hedge funds and other money managers began the month of February more cautiously as…

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