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Energy

Two Countries Could Push Oil Over $50

Aug 23, 2017 at 16:58 | Nick Cunningham

Oil has been struggling to break above $50 per barrel for months, but there are two reasons why prices could be heading north in the next few months: Venezuela and…

Can Mexico Replicate The U.S. Shale Boom?

Aug 23, 2017 at 16:52 | Irina Slav

Natural gas has been hailed as the bridge between fossil fuels and renewables. Global gas demand has been growing at an average annual 2.3 percent over the last ten…

Is OPEC Throwing In The Towel On U.S. Market Share?

Aug 23, 2017 at 15:36 | Matt Smith

Oil prices are rallying post-EIA report as today's crude draw was joined by a drop in gasoline inventories. Although waterborne imports were strong last week, OPEC flows to the U.S.…

Nigeria’s Oil Industry Overhaul

Aug 23, 2017 at 14:14 | Shadow Governance Intel

Although Nigeria is Africa’s largest oil and gas producer, its petroleum sector has long suffered from frequent scandals, severe mismanagement and a lack of coherent guidelines and regulations. Furthermore, Nigeria’s…

Peak Oil Is Not The Same As Peak Demand

Aug 23, 2017 at 13:52 | Robert Rapier

Following my previous article — Peak Demand? No, A New Gasoline Demand Record— I received some interesting feedback from readers. It quickly became apparent that some didn’t understand that…

Libya’s Largest Oilfield Offline, Amid Uncertainty, ISIS Beheadings

Aug 23, 2017 at 11:47 | Irina Slav

Libya’s largest oilfield, the Sharara, remains offline despite contradictory news reports this morning suggesting that exports would resume. Weighing in on oil price uncertainty, market watchers have been in a…

Landmark Court Ruling Could Jeopardize This Major Pipeline

Aug 23, 2017 at 10:40 | Dave Forest

U.S. natural gas enjoyed an “eclipse rally” this week. With NYMEX prices jumping nearly 7 cents per MMBtu after the blackout impacted an estimated 12 GW of solar power…

EIA Spreads Optimism With Double Draw

Aug 23, 2017 at 09:51 | Irina Slav

A day after API’s estimate of oil and gasoline inventories pressured prices, the EIA gave the market cause for optimism by reporting not only a draw of 3.3 million…

This Critical Oil Price Divergence Could Boost US Exports

Aug 22, 2017 at 16:08 | Nick Cunningham

The gap between the two most important oil benchmarks has widened recently, a symptom of the shifting oil supply/demand dynamics between the U.S. and the rest of the world. For…

Shale Drillers Head North As The Permian Fills Up

Aug 22, 2017 at 14:51 | Nick Cunningham

Just as the Permian Basin is showing some wear and tear, there is growing interest in a separate shale play to the Permian’s north. The Anadarko shale region, located mostly…

The Fate Of Vision 2030 Rests On Saudi Aramco IPO

Aug 22, 2017 at 14:36 | Zainab Calcuttawala

It has been two months since Prince Mohammed Bin Salman’s ascendance to the role of heir to the Saudi Arabian throne, and the preliminary effects of his aggressive economic diversification…

Could The Battery Boom Lead To A Lithium Shortage?

Aug 22, 2017 at 14:13 | Gregory Brew

The battery boom shows no signs of slowing down, as demand for lithium-based electric batteries continues to grow worldwide. With forecasts indicating a significant rise in the world’s electric…

Strong Inventory Draws Suggest OPEC Deal Is Working

Aug 22, 2017 at 13:14 | Tom Kool

Oil prices are stagnant, however a strong inventory draw suggests that the OPEC cut may be having an impact on oil markets.  (Click to…

The Caribbean Is Poised To Become The Next Major Oil Region

Aug 22, 2017 at 10:39 | Haley Zaremba

In the future, we may be hearing about the Caribbean a whole lot more when talking about oil and gas. Previously, the area was virtually off the map for the…

Is This The First In A Slew Of Megadeals In Oil?

Aug 22, 2017 at 10:24 | Dave Forest

Oil prices have shown some weakness lately. With WTI slipping below $48 per barrel — after briefly topping $50 at the end of July.  But even at that level, crude…

As Compliance Slips, OPEC Decides To 'Reconsider' Output Deal

Aug 22, 2017 at 09:25 | Tsvetana Paraskova

While the oil market is focused on the U.S. inventory draws and crude oil production, OPEC is not letting investors forget the cartel’s jawboning weapon—the ‘deeper/longer cuts’ narrative. Kuwait’s oil…

The Next Oil Price Spike May Cripple The Industry

Aug 21, 2017 at 15:17 | Andreas de Vries & Salman Ghouri

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the one hand, there is the view that the price of oil will be…

The Latest Red Flag For U.S. Shale

Aug 21, 2017 at 15:11 | Nick Cunningham

The U.S. shale industry has had a rough few weeks, with a growing number of reports suggesting that the industry is facing much more financial trouble than many analysts had…

Colombia Looks At Shale As Oil Reserves Plunge

Aug 21, 2017 at 14:06 | Irina Slav

Colombia’s oil production has been falling for the last four years. It’s not just the 2014 price crash that pressured output: The country’s fields are depleting and new discoveries are…

Brazilian Corruption Charges Could Impact Mexico’s Oil Boom

Aug 21, 2017 at 14:02 | Haley Zaremba

Last year, Brazilian construction firm Odebrecht pleaded guilty to bribing officials in 12 countries to secure high-paying contracts. The firm agreed to a payment of at least $3.5 billion, the…

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