Ofgem is exploring options for…
Bullish sentiment is building in…
The shift in Fed Chair…
Small but potentially very important item for oil and gas explorers this past week. With the U.S. government making drilling much more attractive in one of the world’s go-to petroleum…
No further oil output cuts are on the agenda for the July meeting of the ministerial committee set up to monitor compliance with the OPEC-non-OPEC deal, the cartel’s secretary general…
The oil market is suffering from whip lash. After plunging close to $42 per barrel in late June, and officially entering a bear market, WTI has gained nearly 10 percent…
The four Arab states that are leading the boycott against Qatar vowed on Friday to take new measures against their tiny gas-rich neighbor after Doha rejected in full the…
Arctic drilling may become unprofitable for Norway if oil prices continue to fall, says a new report looking into the best and worst scenarios for this new frontier in…
Oil is increasingly losing relevance in the performance of emerging market assets including, equities—and now, bonds and currencies. What’s more, the technology sector is apparently taking the space freed by…
Crude oil inventories fall 6.3 million barrels; WTI climbs from $45 to $46.50 and back Crude oil inventories decreased by approximately 6.3 million barrels in the week ended June 30.…
It is no surprise that oil prices continue to fall when you look at the rising tide of oil production around the world.Source: Financial…
In its appearance at EIA’s annual Energy Conference last week, Wood Mackenzie gave a presentation on crude oil exports, saying that U.S. crude oil exports rose in tandem with U.S.…
Early this morning (Qatar time), Qatar Petroleum announced it planned to increase production dramatically from its huge North Field in the Persian Gulf. The increase calls for the country’s gas…
Oil prices, as I have said for the last few columns, seem range-bound. But rarely do they remain range-bound for long. As oil’s pessimism begins to gain steam, oil stocks…
Although there’s been a lot of back and forth about the whether the U.S. “shale boom” has been overblown, this week shows that oil production in the U.S. continues to…
Friday July 7, 2016 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…
September Crude Oil Weekly Recap September U.S. West Texas Intermediate crude oil futures are currently in a position to finish lower for the week as investors react to a rise…
This week’s oil price rally started to unwind on Friday as a result of rising OPEC exports, increasing U.S. shale output and a rising rig count.
The number of active oil and gas rigs in the United States rose again this week, this time by 12, resuming what was the US shale patch’s impressive run…
Six months after the implementation of the OPEC production cut deal to reduce output by 1.2 million barrels per day, and we should be well on our way towards rebalancing…
Just a day after Russia’s Energy Minister Alexander Novak said that the OPEC/non-OPEC production cut pact was working and that there was no need to make immediate additional moves, an…
Oil prices have had a bumpy ride over the past month. On June 21, they hit a ten-month low amid concerns over rising supply from the U.S., Libya, and…
Seasonality is a concept well understood by the capital markets. Take adages such as “Sell in May and go away,” which reputedly has its origin in the North American mining…