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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy

This Oil Price Rally Has Reached Its Limit

Jul 31, 2017 at 17:02 | Nick Cunningham

Last week, crude oil rallied the most so far this year, gaining more than 8 percent, or $4 per barrel. Oil traders are much more optimistic than they were just…

Is This The End Of The Oil Glut?

Jul 31, 2017 at 16:55 | Tsvetana Paraskova

In recent weeks, the crude oil market has finally started to show signs that it could be heading toward rebalancing—the stated goal of OPEC’s cuts and the favorite buzzword of…

Sanctions On Venezuela Could Push Oil Into The Mid-$50s

Jul 31, 2017 at 14:47 | Gregory Brew

In response to Venezuela’s controversial vote on Sunday, a move which could dramatically increase the power of President Nicolas Maduro and grant his government the ability to re-write the constitution,…

Shale Drillers Aren’t As Safe As You May Think

Jul 31, 2017 at 14:07 | Irina Slav

It’s been the main headwind for OPEC’s oil output cut deal. Rising shale oil production in the U.S. has been making headlines for almost a year now. While initially the…

Will Sanctions On Russia Push The EU To US Energy?

Jul 31, 2017 at 14:02 | Kent Moors

Events of the last few days will be opening up some interesting energy investment moves. We just need the smoke to settle, first. It brings me back to just a…

Can OPEC Boost Compliance Back To 100%?

Jul 31, 2017 at 13:36 | Tsvetana Paraskova

A joint OPEC/non-OPEC technical committee will be meeting in Abu Dhabi on next week to discuss ways to improve compliance by members that have not been sticking 100 percent to their…

Waning OPEC Compliance Threatens Oil Price Rally

Jul 31, 2017 at 11:41 | Tsvetana Paraskova

Analysts cut yet again—for a sixth consecutive month—their oil price forecasts for 2017 and 2018, as the slower-than-expected rate of oil market rebalancing puts an increasing amount of pressure on…

Are Traders Overlooking The Real Oil Price Influencer?

Jul 31, 2017 at 10:56 | Brian Noble

Was the meeting between the OPEC and non-OPEC oil ministers in St Petersburg, Russia on 24 July a game changer or not? There were high hopes for additional production cuts,…

Europe’s Biggest Oil Refinery Shut Down After Fire

Jul 31, 2017 at 09:32 | Irina Slav

Shell’s Pernis refinery in Rotterdam, the biggest in Europe, has been partially shut down after a short circuit caused a major fire on Sunday. Deutsche Welle quoted a…

U.S. Shale Is Determined Not To Kill This Rally

Jul 28, 2017 at 17:17 | Nick Cunningham

Oil prices moved closer to a two-month high on Friday, closing out the week with some of the strongest gains in 2017. Market sentiment has turned “cautiously optimistic,” as Goldman…

U.S. Shale Slashes Capex As Low Oil Prices Bite

Jul 28, 2017 at 17:13 | Tsvetana Paraskova

Seven months into the OPEC production cut deal, oil prices are not higher than they were at the end of last year, as the stubborn global inventory overhang and rising…

U.S. Shale Has Set An Example For Oil Majors

Jul 28, 2017 at 17:08 | Irina Slav

It took the oil supermajors quite a while to come to terms with the new oil price realities. The blow from the 2014 price crash was so severe and apparently…

Fuel Sales Disappoint Despite Booming Truck Demand

Jul 28, 2017 at 17:07 | Jon LeSage

Americans have been purchasing a lot more pickups, SUVs, and crossovers than small cars, hybrids, and electric vehicles - and this doesn’t appear to be changing anytime soon. The traditional…

Was Trump Right About Coal?

Jul 28, 2017 at 17:01 | Scott Belinksi

In the six months since becoming president of the United States, Donald Trump has markedly shifted the global conversation on the long-term viability of fossil fuels. The recent announcement that…

Cities Face Huge Power Shortages In Near Future

Jul 28, 2017 at 16:53 | Henry Hewitt

“You come to us and tell us that the great cities are in favor of the gold standard. I tell you that the great cities rest upon these broad and…

Is Egypt’s Zohr Field A Game Changer?

Jul 28, 2017 at 16:47 | Shadow Governance Intel

A politically turbulent six-year period has impacted the Egyptian business environment, adding a new layer of political risks to investments made across the national economy. Despite this, the outlook in…

Gulf Of Mexico Growth Second Only To Permian

Jul 28, 2017 at 16:45 | Oil & Gas 360

GOM growth second only to Permian Big projects are coming back, according to the U.S. government’s energy data compiler. Gulf of Mexico oil production is projected to have the second-largest…

Saudi Arabia Moves To Privatize Utilities Ahead Of Vision 2030

Jul 28, 2017 at 16:38 | Oxford Business Group

Moves to privatise utilities assets in Saudi Arabia and expand the reach of its networks through increased investment should create new opportunities for private operators and service providers. Near-term asset…

The Key To Profiting In A Volatile Oil Market

Jul 28, 2017 at 16:33 | Dan Dicker

Yesterday’s quarterly report from Conoco-Philips (COP) is showing a renewed trend among oil companies, mirroring the report of Anadarko Petroleum (APC) a few days earlier. Both are reporting negative earnings…

Structuring A Trade For The Top Of The Channel

Jul 28, 2017 at 16:33 | Martin Tillier

For any trader, a perfect and clear chart pattern is a wonderful thing to behold. Even those like me who understand that technical and chart analysis has its limitations and…

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