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Energy

How Much Spare Capacity Does Saudi Arabia Really Have?

Sep 28, 2018 at 17:09 | Editorial Dept

Saudi Arabia has pledged to cover any supply gap that may emerge as Iranian oil goes offline, but how much spare capacity does it really have? The massive reserve of…

Don’t Count On The Usual Tesla Bounce This Time

Sep 28, 2018 at 17:05 | Martin Tillier

I have written occasionally here about Tesla (TSLA). While the relationship to the energy market and sector is a tenuous one, it is a fascinating stock that has produced a…

Does OPEC Have Enough Spare Capacity?

Sep 28, 2018 at 17:04 | Editorial Dept

Friday September 28, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Global Energy Advisory September 28, 2018

Sep 28, 2018 at 16:52 | Editorial Dept

With the November 4 launch of U.S. sanctions against Iran drawing near, uncertainty about how much of global supply will be affected is running high. Mixed signals coming from some…

Why The Oil Rally Is Slowing Down

Sep 28, 2018 at 16:51 | Jim Hyerczyk

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to post solid gains for the week. The market continue to be underpinned by worries about…

The $100 Oil Debate

Sep 28, 2018 at 14:00 | Tom Kool

WTI and Brent continued to climb higher on Friday and more bullish indicators suggest the rally has only just begun. (Click to enlarge)

U.S. Rig Count Sees Modest Increase Amid Soaring Oil Prices

Sep 28, 2018 at 12:17 | Julianne Geiger

Baker Hughes reported an increase of a single oil and gas rig in the United States this week, bringing the total number of active oil and gas rigs to 1,054…

What Explains The Bizarre Price Surge In Oman Crude?

Sep 28, 2018 at 10:53 | ZeroHedge

While oil traders have been generally punting to the "November Iran sanctions" as the reason why in recent weeks a bevy of $100 oil forecasts have emerged (even if…

Oil Market Shocked As China’s Top Refiner Halves Iranian Oil Imports

Sep 28, 2018 at 09:31 | Tsvetana Paraskova

China’s top refiner Sinopec is halving its oil imports from Iran as of September, bowing to pressure from the United States, which is seeking to bring Iranian oil exports down…

The Inevitable Oil Supply Crunch

Sep 27, 2018 at 16:54 | Nick Cunningham

“The warning signs are there – the industry isn’t finding enough oil.” That’s the start of a new report from Wood Mackenzie, which concludes that a supply gap could…

Why A U.S. SPR Release Would Not Matter

Sep 27, 2018 at 16:32 | Nick Cunningham

The decision by OPEC+ to essentially let Brent crude rise above $80 per barrel, a four-year high, was met with outrage by U.S. President Trump. At the UN General…

The Biggest Wildcard In The Iran Sanctions Saga

Sep 27, 2018 at 15:54 | Irina Slav

In the last 24 hours there have been two fascinating media reports about the Iran sanctions: one is a Bloomberg story saying Indian refiners will not buy any Iranian…

Outages Could Threaten New England’s Gas Market

Sep 27, 2018 at 14:08 | Genscape

After frequent rescheduling and downgrading, including a last-minute delay after market close last Friday, September 21, New England’s main natural gas pipeline, Algonquin Gas Transmission (AGT), may finally run their…

Qatar To Boost LNG Capacity To Seize Market Opportunities

Sep 27, 2018 at 12:58 | Tsvetana Paraskova

Qatar, the world’s largest exporter of liquefied natural gas (LNG), has just announced plans to further increase its LNG production capacity. The new export capacity, with projects to be completed…

Total: Oil Could Rise To $100 And That’s Bad News

Sep 27, 2018 at 11:28 | Tsvetana Paraskova

Supply disruptions and the lag time associated with OPEC’s ability to increase production could send oil prices to $100 a barrel, but this isn’t good news for the economy and…

U.S. Will Not Release Oil From SPR To Offset Iran Sanctions

Sep 27, 2018 at 10:13 | Irina Slav

The United States will not sell crude oil from the Strategic Petroleum Reserve to help ensure the global market is well supplied when sanctions against Iran enter into effect, Reuters…

OPEC Secretly Discusses 500,000 Bpd Production Boost

Sep 27, 2018 at 09:22 | Irina Slav

Saudi Arabia and other OPEC members have been discussing on the quiet a half-a-million-barrel increase in their combined oil production to keep a lid on oil prices, unnamed sources

Goldman Sachs: Oil Prices Won’t Hit $100

Sep 26, 2018 at 16:56 | Nick Cunningham

$100 oil is suddenly all the rage, but some analysts remain unconvinced. The supply outages in Iran combined with the decision by OPEC+ not to take further action to…

Norway's Central Bank Fears An Oil Price Spike

Sep 26, 2018 at 16:49 | Tsvetana Paraskova

Rising oil prices have helped the finances and economies of the big oil-producing nations a lot. Western Europe’s largest oil and gas producer, Norway, is no exception. Norway’s economic growth…

What Peak Oil Demand, Copper And 3D Printing Have In Common

Sep 26, 2018 at 15:53 | Justin Ziebart

The debate about Peak Oil Demand (POD) will likely rage on for quite some time. Years ago, Peak Oil theories on production and supply were…

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