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Energy

Is The Saudi-Russia Oil Bromance At Risk?

Nov 29, 2018 at 09:15 | Tsvetana Paraskova

A week before OPEC and allies meet in Vienna to discuss a new oil production cut, the market is still wondering whether the leaders of the OPEC and non-OPEC nations—Saudi…

Is The Trade War Coming To An End?

Nov 28, 2018 at 17:38 | Nick Cunningham

Oil markets appear to be full of uncertainty, awaiting the outcome of the OPEC+ meeting for more direction. But some clues about the trajectory of oil prices in 2019 may…

Natural Gas Prices Fall Below Zero In Texas

Nov 28, 2018 at 16:51 | Nick Cunningham

Surging U.S. oil production in the Permian basin has helped crash oil prices. But the Permian is also home to skyrocketing natural gas production, and output is growing so fast…

Saudis Won’t Cut Oil Production On Their Own

Nov 28, 2018 at 16:11 | Tsvetana Paraskova

Saudi Arabia is going to do whatever it takes to stabilize the oil market, but it can’t and won’t do it alone without a collective decision from the OPEC…

Russia Outmaneuvers U.S. LNG

Nov 28, 2018 at 15:51 | Nick Cunningham

For years, boosters of U.S. LNG have trumpeted the fact that gas exports from the Gulf of Mexico could break Russia’s grip on the European energy market. That has yet…

The Real Cost Of Saudi Arabia’s Gas Ambitions

Nov 28, 2018 at 13:46 | Tim Daiss

The world’s liquefied natural gas (LNG) market will become even more competitive within the next several years. Saudi Arabia, the world’s largest oil exporter, is now vying to become a…

Flying Cars Coming Much Sooner Than You’d Think

Nov 28, 2018 at 13:43 | Jon LeSage

Flying cars were thought to be coming as soon as four years from now, but actually commercial models are coming up sooner than what had been thought. Air taxi…

Natural Gas Drives Saudi Geopolitical Pivot

Nov 28, 2018 at 11:57 | Cyril Widdershoven

The world’s largest oil company Saudi Aramco seems to have surprised the global energy markets the last couple of days. New announcements of multi-billion dollar investments in gas related operations,…

BP Is Comfortable With $50 Oil

Nov 28, 2018 at 10:51 | Tsvetana Paraskova

The oil price plunge of the past weeks has had OPEC considering a fresh production cut to prevent the next oil glut and steer Brent Crude prices back up…

Oil Falls On Crude Inventory Build

Nov 28, 2018 at 09:45 | Irina Slav

Crude oil prices slipped further down today after the Energy Information Administration reported crude oil inventories for the week to November 23 had added 3.6 million barrels. That’s compared…

How Much Oil Production Will The Saudis Cut?

Nov 27, 2018 at 17:15 | Nick Cunningham

Donald Trump continues to take credit for lowering oil prices. So great that oil prices are falling (thank you President T). Add that, which is…

The Oil Powerhouses Replacing OPEC

Nov 27, 2018 at 17:10 | Irina Slav

Three countries currently account for close to 40 percent of global crude oil production and only one of these countries is a member of the Organization of Petroleum Exporting Countries.…

Stopping Syria’s Oil Smuggling Scheme

Nov 27, 2018 at 16:43 | Vanand Meliksetian

The civil war in Syria has resulted in government-controlled areas being deprived of domestic oil. Before the war, Eastern Syria produced 95 percent of the country’s oil. Today, Syrian government…

The Biggest Losers Of The Current Oil Price Slump

Nov 27, 2018 at 15:26 | Richard Talley

The ongoing slump in oil prices, which has seen crude fall so sharply from the 52-week high set in October that $1 trillion has been wiped off energy stocks,…

Shell: EV Demand To Grow Regardless Of Oil Prices

Nov 27, 2018 at 13:41 | Tsvetana Paraskova

Oil supermajor Shell sees electric vehicle (EV) enthusiasts buying into the ‘cool factor’ of zero emission vehicles, driving EVs fleet growth regardless of the oil price fluctuations, the head of…

Saudi Arabia Struggles As Oil Prices Crash

Nov 27, 2018 at 13:26 | Tom Kool

Oil prices are struggling to find a bottom, moving up on Monday but floundering in early trading on Tuesday. (Click to enlarge)

Three Reasons Why LNG Prices In Asia Are Plunging

Nov 27, 2018 at 11:32 | Tim Daiss

Prices for liquefied natural gas (LNG) remain weak going into what forecasters are claiming will be a warmer than usual winter season in the Northern Hemisphere. In fact, last week…

Mexico’s Oil Crisis Deepens

Nov 27, 2018 at 10:58 | Irina Slav

Mexico’s state oil company Pemex said it produced an average 1.76 million bpd of crude in October, down 7 percent from October last year, Reuters reports, citing data released…

How Much Does OPEC Need To Cut To Balance The Market?

Nov 27, 2018 at 09:37 | Irina Slav

OPEC will probably agree to cut production to the tune of between 1 and 1.5 million bpd, analyst Johannes Benigni from Austrian JBC Energy Group told CNBC, adding there was…

$50 Oil Puts Shale To The Test

Nov 26, 2018 at 17:10 | Nick Cunningham

U.S. oil production has skyrocketed this year, leaving even the most optimistic forecasts in the dust. But, the recent crash in oil prices could do what the much-hyped pipeline bottlenecks…

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