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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Oil Moves Down on Inventory Rise

Oil Moves Down on Inventory Rise

Crude oil prices inched lower…

Energy

Oil Ends 2016 On A Bullish Note

Dec 30, 2016 at 12:46 | Evan Kelly

2016 has been a tumultuous year in the energy markets, but both oil and natural gas are showing promising signs heading into the New Year, with oil prices having nearly…

Rising Rig Count Sees Oil Edge Lower On Final Trading Day Of 2016

Dec 30, 2016 at 12:40 | Tom Kool

Baker Hughes this week reported yet another increase in the U.S. oil and gas rig count, with 5 more rigs coming online. The previous two weeks have seen increases of…

Plunging Natural Gas Inventories Pull Prices Even Higher

Dec 30, 2016 at 09:55 | Charles Kennedy

Natural gas markets have experienced a dramatic change in just the past two months, upending forecasts about a protracted period of oversupply. The EIA reported a major decline in…

Energy Sector Highlights Of 2016

Dec 30, 2016 at 09:32 | Robert Rapier

A lot happened in the energy sector in 2016, with two major stories leading the way. Both the surprising election of Donald Trump to the presidency, and OPEC’s November announcement…

Shale Spending Is Set To Soar

Dec 29, 2016 at 12:04 | Nick Cunningham

Oil prices are rising and the worst of the downturn appears to be over. After two years of spending cuts, 2017 could mark the first time in several years that…

The End Of The Oil And Gas Bankruptcy Wave

Dec 29, 2016 at 11:55 | Charles Kennedy

Even as oil prices are rebounding, we are closing out one of the worst years for the oil and gas industry in decades. In 2016, the U.S. oil and gas…

The Five Countries Threatening OPEC Unity

Dec 29, 2016 at 11:39 | Osama Rizvi

As an apparent wave of populism sweeps through the world, Theresa May prepares to trigger Article 50, and fears of a trade war between China and the U.S grow, financial markets…

Outlook For Coal Unlikely To Improve

Dec 29, 2016 at 11:23 | Michael McDonald

The election of Donald Trump as President of the United States has a lot of implications for a lot of different segments of the economy – coal may not be…

Oil Prices Steady After Slim Inventory Build

Dec 29, 2016 at 10:25 | Tom Kool

The EIA this morning reported a build of 614,000 barrels in U.S. commercial crude oil inventories, a day after the American Petroleum Institute interrupted the oil rally by reporting…

U.S. Shale Could Break The OPEC Deal Within Months

Dec 29, 2016 at 09:44 | ZeroHedge

OPEC is currently pumping crude at a record rate yet has managed to fool algos and "experts" into bidding up crude to multi-month highs on "promises" it will cut a…

Has The OPEC Rally Gone Too Far?

Dec 28, 2016 at 12:23 | Nick Cunningham

Oil prices continue to edge up as 2016 comes to a close, a dramatic turnaround for the industry compared to the start of the year. In January, oil prices were…

Can The Canadian Oil Industry Recover In 2017?

Dec 28, 2016 at 12:06 | David Yager

Even with oil barely over half of what it fetched in June of 2014 and the active drilling rig count doing better than (December 20, 2016 – 257, December 16,…

Natural Gas Drillers Rush To Hedge Production As Prices Soar

Dec 28, 2016 at 12:00 | Charles Kennedy

Natural gas prices are soaring on cold weather and falling production, spreading optimistic conditions for gas producers for the first time in years. Natural gas spot prices are at their…

OPEC Bears Feel The Squeeze

Dec 28, 2016 at 11:23 | Michael McDonald

Investors appear to be increasingly confident that OPEC is going to live up to its word. Professional money managers have trimmed bearish bets on West Texas Intermediate to the…

10 Reasons Trump Won't Lead A Nuclear Renaissance

Dec 28, 2016 at 10:30 | Leonard Hyman & William Tilles

Donald Trump in the White House and Theresa May in 10 Downing Street. They will open the door to more nuclear spending, no doubt. Prime minister May has already given…

The Two Nations Racing To Host The Next Oil And Gas Rush

Dec 28, 2016 at 09:36 | Dave Forest

Bit of a quiet week for major resource news. But several small items are suggesting some potentially explosive developments coming over the next several months. One of those comes in…

Freezing Winter Sees Natural Gas Prices Surge

Dec 27, 2016 at 15:22 | Nick Cunningham

Natural gas prices are surging as cold weather eats into U.S. inventories, tightening the market much more quickly than many analysts had expected. The blast of Arctic weather in December…

Can U.S. Shale Add 1 Million Bpd In 2017?

Dec 27, 2016 at 12:18 | Charles Kennedy

Oil prices are up on expectations that OPEC will contribute to a faster balancing in 2017, with up to 1.8 million barrels per day in cuts along with some non-OPEC…

Are Abandonded Mines A Solution For This Energy Dilemma?

Dec 27, 2016 at 12:06 | Michael McDonald

Call it the largest recycling project ever conceived. A group of engineers are looking to build a hydroelectric plant in Mineville, NY out of the existing underground tunnels in…

Oil Rally Gains Momentum Ahead Of OPEC Cuts

Dec 27, 2016 at 11:42 | Evan Kelly

To begin, we will take a quick look at some of the critical figures and data in the energy markets before analyzing the key events of the week.

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