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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy

A Red Flag For Oil? China’s Crude Imports Drop To 7-Month Low

Aug 09, 2017 at 13:57 | Tsvetana Paraskova

Chinese crude oil imports in July dropped to their lowest level in seven months, although they rose 12 percent on an annual basis, according to calculations made by Reuters…

U.S. Is A Net Exporter Of Natural Gas For First Time In 59 Years

Aug 09, 2017 at 11:47 | Oil & Gas 360

Exports outweigh imports in February, April, May: EIA The U.S. has been a net exporter of natural gas for three of the first five months of 2017, according to a…

Oil Prices Slip On Strong Crude Draw, Surprise Gasoline Build

Aug 09, 2017 at 09:50 | Irina Slav

Amid stubbornly falling oil prices and growing doubts about OPEC’s ability to rein in production, the EIA reported a draw in U.S. commercial crude oil inventories of 6.5 million…

Here Are Two More Boosts From Trump For Natural Resources

Aug 09, 2017 at 09:09 | Dave Forest

Policy across the U.S. is changing fast since the election of President Trump. And natural resource companies have already begun to benefit from the shift. Now two more major measures…

Dear Millennials, Big Oil Is Not Your Enemy

Aug 08, 2017 at 16:20 | Irina Slav

Oil and gas is, apparently, the latest industry that millennials have marked for death. They don’t want to work in the industry because it’s dirty, difficult, and dangerous.…

Did BP Just Unlock A New Major Shale Gas Basin?

Aug 08, 2017 at 16:15 | Nick Cunningham

BP made a potentially groundbreaking discovery in New Mexico, which could open up a new area for shale gas development. BP was drilling in a little-known area in northern New…

Natural Gas Prices Poised To Rise As Exports Boom

Aug 08, 2017 at 16:11 | Gregory Brew

New data from the Energy Information Administration (EIA) has brought some good news for advocates of U.S. natural gas production. In three of the first five months of 2017,…

How Much Fuel Does It Take To Get To The Moon?

Aug 08, 2017 at 15:53 | Haley Zaremba

The new age space race is upon us as Elon Musk’s SpaceX gears up to send billionaires to the moon and NASA plans for upcoming missions this…

The $50 Billion Backlog Of U.S. Energy Projects

Aug 08, 2017 at 13:52 | Tsvetana Paraskova

For six months, the Federal Energy Regulatory Commission (FERC) lacked the voting quorum necessary to authorize construction of oil and gas pipeline projects and LNG export terminals.     Last week,…

Oil Stuck At $50 As OPEC Output Jumps

Aug 08, 2017 at 13:41 | Tom Kool

Compliance with the OPEC oil output deal continues to decline as the cartel's production increases for the month of July.  (Click to enlarge)

Can We Expect Oil Demand To Slow Anytime Soon?

Aug 08, 2017 at 12:03 | Andreas de Vries & Salman Ghouri

The true foresight on which competitive advantages are built does not result from extrapolations of past experience. It results from early identification of the trends that will be driving a…

Oil Prices Fall As Libya’s Biggest Oil Field Comes Back Online

Aug 08, 2017 at 10:28 | Dave Forest

More drama in embattled oil producer Libya this week. With reports suggesting the country’s largest oil field has once again been endangered by local fighting.  Reuters reported early Monday that…

Should Trump Set A Floor Under Oil Prices?

Aug 07, 2017 at 15:33 | David Blackmon

I had an interesting email inquiry from a reader over the weekend. I don't know if he'd want to be identified by his full name, so let's just refer to…

Are Strong U.S. Crude Inventory Draws Sustainable?

Aug 07, 2017 at 15:25 | Arthur Berman

The decline in U.S. comparative inventories since February is the most significant oil market development since prices collapsed three years ago. It means that U.S. demand has exceeded supply for…

Venezuela Rebellion Could Send Oil To $80

Aug 07, 2017 at 15:02 | Nick Cunningham

Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security…

How U.S. Sanctions Against Russia Could Backfire

Aug 07, 2017 at 13:08 | ZeroHedge

The U.S. Congress has passed new sanctions targeting Russia’s energy companies. Among the other notable aspects of the sanctions is that they take some authority away from the U.S. president…

How U.S.- Chinese Tensions Could Impact Energy Policy

Aug 07, 2017 at 12:08 | Jon LeSage

Tensions between the U.S. and China are escalating, and it could have a negative impact on clean energy policies that the two countries had previously agreed to. Over the past…

Russia May Break Gazprom Monopoly To Stimulate LNG

Aug 07, 2017 at 10:50 | Irina Slav

A Russian Security Council commission has recommended breaking down Gazprom’s gas export monopoly in a bid to boost the competitiveness of Russia’s gas, Russian daily Vedomosti reported after seeing…

Oil Prices Fall As OPEC Output Hits ‘’Year-To-Date High’’

Aug 07, 2017 at 09:49 | Irina Slav

Libya and Nigeria pushed OPEC’s crude oil output in July to the highest this year, at 32.82 million barrels daily, a survey by S&P Platts has revealed. The cartel…

‘Nothing To See Here’ - Frackers Ignore Rising Well Decline Rates

Aug 04, 2017 at 17:04 | Nick Cunningham

The Permian basin is starting to see decline rates from shale wells accelerate, a trend that could be the result of too much drilling. Shale wells suffer from steep decline…

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