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The U.S. Supermajors Double Down on World's Top Oil Basins

The U.S. Supermajors Double Down on World's Top Oil Basins

The U.S. supermajors are doubling…

India Ratchets Up Its Renewable Energy Installations

India Ratchets Up Its Renewable Energy Installations

India has ratcheted up renewable energy installations…

U.S. Oil, Gas Drillers See Continued Slowdown

U.S. Oil, Gas Drillers See Continued Slowdown

The total number of active…

Energy

Tesla’s Newest Car Will Have Rocket Thrusters

Jun 11, 2018 at 10:37 | Irina Slav

Elon Musk plans to equip a new version of the Tesla Roadster with “around 10 small rocket thrusters arranged seamlessly around car,” he said in a tweet, adding that…

Russia Boosts Oil Production Before OPEC Meeting

Jun 11, 2018 at 09:32 | Irina Slav

Russia pumped 11.09 million barrels of oil daily in the first week of June, Interfax reported Saturday, citing an unnamed industry source. This is 143,000 bpd above the country’s…

Geopolitical Tensions Reach Boiling Point Ahead Of OPEC Meeting

Jun 08, 2018 at 17:02 | Nick Cunningham

The upcoming OPEC meeting on June 22 is shaping up to be a contentious one, after news broke that the U.S. government asked Saudi Arabia to increase oil production before…

Permian Boom Jeopardized By Pipeline Troubles

Jun 08, 2018 at 17:01 | Irina Slav

The Permania, as someone called the oil industry and private equity rush to West Texas and New Mexico, has begun to take its toll on all those investors that saw…

Canada Bets On Trans Mountain Expansion To Sell Oil In Asia

Jun 08, 2018 at 17:01 | Tsvetana Paraskova

Canada may be the fourth largest producer and third largest exporter of oil in the world, but it has one sole customer of its oil—the United States. At the…

Energy Efficiency Adds Value To Home Prices

Jun 08, 2018 at 16:56 | Futurity

People are willing to pay a premium for energy-efficient homes, according to new research. Georgia Warren-Myers, a property lecturer at the University of Melbourne and Franz Fuerst of the University…

The Real Reason For Higher Gas Prices

Jun 08, 2018 at 16:52 | Robert Rapier

You probably have noticed that gasoline prices are again on the rise. Predictably, I have already seen stories arguing about President Trump’s culpability in this current price rise. It never fails that…

Will Iran Pursue Relations With North Korea?

Jun 08, 2018 at 16:43 | Yale Global

Syria's Bashar al-Assad is begging for a trip to Pyongyang as Donald Trump prepares for a summit with Kim Jong-un. Hollywood would reject such a script as outlandish, yet the…

Pullback In Oil Prices Provides An Opportunity

Jun 08, 2018 at 16:33 | Dan Dicker

The amazing compliance from OPEC members and Russia to production guidelines has drained the surplus from global supplies and brought oil prices up to trade in the mid-$60’s here in…

It’s Time To Sell Coal Stocks

Jun 08, 2018 at 16:31 | Martin Tillier

Trading is, by nature, short-term. It involves rapid reaction to news and anticipating what that will mean for whatever you are trading in the next few minutes, hours, days, or…

Permian Stocks Falling Out of Favor

Jun 08, 2018 at 16:24 | Editorial Dept

Friday June 8, 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…

Expect Choppy Oil Markets Ahead Of The OPEC Meeting

Jun 08, 2018 at 16:23 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures are trading higher early Friday, putting the market in a position to close higher for the week. While this chart pattern isn’t enough…

Oil Falls On OPEC Uncertainty

Jun 08, 2018 at 13:20 | Tom Kool

Friday, June 8, 2018 (Click to enlarge) (Click to enlarge) (Click to enlarge)

U.S. Rig Count Creeps Higher Amid Record Oil Production

Jun 08, 2018 at 12:24 | Julianne Geiger

U.S. drillers added 2 rigs to the number of oil and gas rigs this week, according to Baker Hughes, with oil and gas rigs each increasing by 1. The…

New Study: Climate Change Could Be The Ultimate Civilization Killer

Jun 08, 2018 at 10:33 | Irina Slav

Climate change could have wiped out alien civilizations and may be on the way to wipe out mankind, too, a new study has suggested. Using simulations based on information…

Iran: Oil Prices Could Jump To $140 On U.S. Sanctions

Jun 08, 2018 at 09:02 | Tsvetana Paraskova

Oil prices could jump to $140 a barrel due to the U.S. sanctions against Iran and Venezuela, Iran’s OPEC governor Hossein Kazempour Ardebili told Reuters on Friday. The Iranian…

Was This Just A Temporary Pullback In Oil?

Jun 07, 2018 at 16:45 | Tsvetana Paraskova

Oil market analysts are looking into the global supply and demand picture to guess where the price of oil is heading, and opinions and forecasts always vary widely. While oil…

Higher Oil Prices Might Not Destroy Demand Growth

Jun 07, 2018 at 16:41 | Nick Cunningham

The recent jump in oil prices to $80 per barrel raised a lot of questions about whether or not the heady demand growth projections for this year would hold up.…

Iranian Oil Production Could Be About To Plunge

Jun 07, 2018 at 15:51 | Nick Cunningham

The European Union has vowed to maintain the Iran nuclear deal despite the U.S. decision to exit, and Brussels has pushed back against Washington’s attempts to penalize European companies from…

Venezuela Seeks OPEC Support Against U.S. Sanctions

Jun 07, 2018 at 15:27 | Tsvetana Paraskova

Cash-strapped Venezuela is pleading with OPEC for solidarity against U.S. sanctions, a week after Iran also asked its fellow cartel members for support against the returning U.S. sanctions on Tehran.…

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