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Energy

JP Morgan: Expect Brent Oil To Reach $90 On Iran Sanctions

Sep 24, 2018 at 11:59 | Tsvetana Paraskova

JP Morgan expects Brent Crude to hit $85 a barrel over the next six months—with a spike to $90 likely—as the investment bank raised its oil price projections to…

OPEC Meeting Sets Oil Markets Up For A Price Spike

Sep 24, 2018 at 10:58 | Cyril Widdershoven

The OPEC/ non-OPEC JMCC meeting in Algiers has provided a very diffuse outcome. Oil markets seem to be heading to a state of instability, as oil supplies come under severe…

Iran Terror Attack Boosts Oil Prices More Than OPEC Meeting

Sep 24, 2018 at 08:21 | Tsvetana Paraskova

The weekend terrorist attack in Iran could be more important to oil prices than Sunday’s OPEC meeting, as the attack could exacerbate a rivalry in the most crucial oil-producing region…

What Will Trigger The Next Oil Price Crash?

Sep 21, 2018 at 17:12 | Nick Cunningham

Are we nearing another financial crisis? The supply-side story for oil prices is heavily skewed to the upside, with production losses from Iran and Venezuela causing a rapid tightening of…

Is The Bakken Close To Breaking?

Sep 21, 2018 at 17:07 | Nick Cunningham

While the Permian has experienced a drilling boom and has received tons of media attention, a lesser-known but still remarkable revival has been underway in the Bakken this year. At…

Canadian Shale Is Hitting The Wall

Sep 21, 2018 at 17:05 | Tsvetana Paraskova

Plunging Canadian prices have been depressing oil producers’ realized prices and revenues, even though the U.S. benchmark and the international Brent Crude prices have rallied year to date. But it’s…

Maduro Looks To China For A Bailout

Sep 21, 2018 at 17:04 | Haley Zaremba

Venezuelan President cum dictator Nicolas Maduro has announced that his nation is set to increase its oil exports to China to a staggering one million barrels per day (bpd)…

Why Peak Oil Demand Doesn’t Matter

Sep 21, 2018 at 17:00 | Robert Rapier

Although natural gas is projected to be the fastest-growing fossil fuel over the next two decades, the global oil market won't likely be far behind. Multiple organizations project that global…

Here’s What’s Next For Russian LNG

Sep 21, 2018 at 17:00 | Viktor Katona

A mere two years ago Russia had just one LNG project and one could rarely read about it in media outlets. With Yamal LNG, however, that has now changed completely,…

Russian Oil Production Hits Post-Soviet Record

Sep 21, 2018 at 16:58 | Tim Daiss

While there has been no love-loss between the U.S. and Russia in recent years, news coming out of Moscow yesterday was sure to cheer the most ardent Russian naysayers in…

What Will Trigger The Next Oil Price Crash?

Sep 21, 2018 at 16:16 | Editorial Dept

Are we nearing another financial crisis? The supply-side story for oil prices is heavily skewed to the upside, with production losses from Iran and Venezuela causing a rapid tightening of…

The OPEC Meeting And How To Position For It (Hint: Don’t)

Sep 21, 2018 at 16:10 | Martin Tillier

OPEC meetings, or more recently the meetings of “OPEC and friends”, are always big news in the energy sector. The price of oil is the most important factor in the…

U.S. Oil Production Soars Despite Shale Bottlenecks

Sep 21, 2018 at 16:05 | Editorial Dept

Friday September 21, 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 – 21st September 2018

Sep 21, 2018 at 15:53 | Editorial Dept

This week saw the latest exchange of tariffs between Washington and Beijing, and this time there is a likely to be a tangible negative impact on the U.S. LNG industry.…

Determining The Sweet Spot For Crude Oil

Sep 21, 2018 at 15:51 | Jim Hyerczyk

U.S. November West Texas Intermediate and international-benchmark December Brent crude oil are poised to close higher for the week. Furthermore, both futures contracts are in a position to close on…

Is Oil On Its Way To $80?

Sep 21, 2018 at 14:01 | Tom Kool

Bullish news on both the supply and demand side sent oil prices up again on Friday morning, with Brent falling back after…

Oil Prices Rise As Rig Count Sees Minor Dip

Sep 21, 2018 at 12:21 | Julianne Geiger

Baker Hughes reported a loss of two rigs in the United States this week, bringing the total number of active oil and gas rigs to 1,053 according to the report,…

India’s State Refiners May Hedge Oil Futures Amid Currency Rout

Sep 21, 2018 at 10:53 | Tsvetana Paraskova

India plans to ask its state-held oil refiners to lock in the price of their crude oil futures purchases amid a sliding local currency and expectations of higher oil prices…

Iran Starts Air Force Drills Near The World’s Crucial Oil Chokepoint

Sep 21, 2018 at 07:44 | Tsvetana Paraskova

Iran’s Air Force and the Islamic Revolution Guards Corps began on Friday fighter jet drills over the waters near the world’s most important oil chokepoint, the Strait of Hormuz,…

Iran: We Won’t Let OPEC Boost Production

Sep 20, 2018 at 16:18 | Nick Cunningham

It’s about that time again. WTI hits $70 per barrel and the tweet-rage is back. We protect the countries of the Middle East, they would…

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