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Energy

$40 WTI Is Now More Realistic Than $60

Nov 23, 2017 at 10:48 | Tsvetana Paraskova

The current rise in oil prices is more of a fear trade right now, driven by fear of what is going on in the Middle East, rather than a result…

Thanksgiving Travelers Smash Records

Nov 22, 2017 at 17:25 | Haley Zaremba

As we all know from the personal experience of enduring long lines at the airport and inching along frosty highways in bumper-to-bumper holiday traffic, Thanksgiving week is unquestionably one of…

Shale Hedges Threaten The Oil Rally

Nov 22, 2017 at 14:31 | Nick Cunningham

The 20 percent increase in oil prices since September led to a wave of hedging by U.S. shale drillers eager to lock in future production at prices not seen in…

The Energy Goliaths Driving Global Demand

Nov 22, 2017 at 14:31 | Gregory Brew

When measuring future global energy growth, two countries rise above the rest in size and importance: China and India. The two countries, world leaders in population size, will be crucial…

Norway’s $35B Oil Stock Dump Could Hurt The Industry

Nov 22, 2017 at 14:21 | Tsvetana Paraskova

Last week the world’s biggest sovereign wealth fund—Norway’s $1-trillion oil fund—proposed to ditch $35 billion worth of oil and gas stocks, sending shockwaves through the European oil indexes and…

U.S. Oil Rig Count Rises Amid Record Breaking Production

Nov 22, 2017 at 13:00 | Julianne Geiger

The number of oil and gas rigs in the United States rose again this week. The boost in the number of active oil rigs this week brings the total gained…

Saudi Oil Exports Fall To Six-Year Low In September

Nov 22, 2017 at 10:35 | Irina Slav

Saudi Arabia’s crude oil exports in September hit a six-year low at 6.55 million barrels daily, according to data from JODI, cited by senior Platts oil analyst Sammy Six.…

Oil Prices Unmoved By Bullish EIA Report

Nov 22, 2017 at 09:45 | Irina Slav

A day after the American Petroleum Institute helped prop WTI up by reporting a 6.356-million-barrel inventory draw, the Energy Information Administration chimed in, reporting a much smaller decline…

Can The Gas Glut Kill The Permian Boom?

Nov 21, 2017 at 16:51 | Nick Cunningham

The Permian basin continues to add new oil production, but shale drillers in West Texas could face an unexpected problem: too much natural gas. Natural gas is produced as a…

Has The Big Oil Fire Sale Started?

Nov 21, 2017 at 14:43 | Irina Slav

The world’s largest sovereign wealth fund is exiting the oil market—a fact that is sure to have shaken Big Oil to the core. Divesting $35 billion worth of supermajor…

Bankrupt Venezuela Asks Partners For Free Oil

Nov 21, 2017 at 14:11 | ZeroHedge

Now that Venezuela, and its state-owned petroleum company PDVSA, were both officially declared in default on their debt by ISDA last Friday, analysts were closely watching what the insolvent Maduro…

Oil Prices Stuck Ahead Of OPEC Meeting

Nov 21, 2017 at 12:10 | Tom Kool

As the OPEC meeting rapidly approaches, bullish sentiment appears to have taken a time-out with the recent suggestion that the production cut extension may not be as certain as it…

Is U.S. Energy Independence Realistic?

Nov 21, 2017 at 10:58 | Robert Rapier

The International Energy Agency projects that the U.S. is set to become the world’s leading oil and natural gas production superpower. Is that realistic? Last week I had articles published…

Tesla To Spike, Then Crash

Nov 21, 2017 at 09:34 | Tsvetana Paraskova

Tesla (NASDAQ:TSLA) will offer investors a thrilling and chilling ride next year with sky-high volatility that could first push the stock up to $400 in early 2018 and…

Keystone XL Is Far From Certain

Nov 20, 2017 at 15:29 | Nick Cunningham

The state of Nebraska just cleared one of the last hurdles for the Keystone XL pipeline, potentially ending a decade-long saga over the 1,700-mile pipeline. The Nebraska Public Service Commission,…

Can OPEC Control The Oil Bulls In Vienna?

Nov 20, 2017 at 15:26 | Tsvetana Paraskova

Until a month ago, oil analysts and investors thought a nine-month extension of the OPEC production cut agreement was a foregone conclusion.     But as the November 30 meeting draws…

Is The LNG Glut Real?

Nov 20, 2017 at 15:16 | Nick Cunningham

LNG prices have tanked over the past few years after a wave of new natural gas export capacity has come online in places like Australia and the U.S. However, despite…

Energy Majors Hit Hard By Climate Regulations

Nov 20, 2017 at 14:42 | Leonard Hyman & William Tilles

They say that bad news come in threes. The headlines one day this past week certainly gave credence to that notion—at least for the fossil fuel business. The first news…

Keystone XL Pipeline Gains Approval After A 9-Year Battle

Nov 20, 2017 at 13:05 | Zainab Calcuttawala

Nebraskan regulators voted to approve the construction of a portion of TransCanada’s Keystone XL pipeline in the state on Monday, according to emerging reports regarding the project. The Nebraska…

Who's Next? Venezuela's Collapse Puts These Nations At Risk

Nov 20, 2017 at 12:03 | ZeroHedge

"It's a wake-up call for a lot of people who will say ‘Look, the stuff I own is actually very risky'..." warns Ray Jian, who oversees about $6 billion at…

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