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Oil Ticks Lower on EIA Inventory Report

Oil Ticks Lower on EIA Inventory Report

Crude oil prices moved lower…

The Oil Price Rally Has Stalled... For Now.

The Oil Price Rally Has Stalled... For Now.

Oil prices have been climbing…

Energy

2017 – The Year Of The Drone

Jan 02, 2017 at 09:28 | Michael McDonald

Drones are being seriously considered for use in a number of important applications from military functions, like bomb disposal, to energy applications, like remote pipeline monitoring and inspection. But as…

OPEC’s Spare Capacity Will Calm Oil Markets In 2017

Dec 30, 2016 at 14:43 | Nick Cunningham

There is a wide variety of opinions on whether or not OPEC will deliver on its promised cuts of 1.2 million barrels per day, and a lot hangs in the…

Are Proven Oil Reserves Just A Political Tool?

Dec 30, 2016 at 14:22 | Ron Patterson

Jean Laherrere has posted the following charts and comments on Bakken and World oil reserves. EIA proved reserves on Bakken (ND + Montana) plus cumulative production have changed at end:…

U.S. Exports Record Level Of Refined Products

Dec 30, 2016 at 14:16 | Charles Kennedy

U.S. refiners continue to expand their footprint, exporting record volumes of product abroad. The U.S. refining complex exported nearly 4 million barrels per day of gasoline, distillates and propane, helped…

2016: A Rollercoaster Year In Energy

Dec 30, 2016 at 13:39 | Precise Consultants

It hasn't been an easy ride for anyone at any level in our industry. January brought headlines of a drop below $35 per barrel for 'the first time since 2004'…

How Misleading Are Solar Yields?

Dec 30, 2016 at 13:35 | Gail Tverberg

The Energy Returned on Energy Invested (EROEI) concept is very frequently used in energy studies. In fact, many readers seem to think, “Of course, EROEI is what we should be…

Expert Commentary: North-American Oil Production Resilient

Dec 30, 2016 at 13:11 | SCS OTC Corp

1. Refined product fundamentals still improving (Click to enlarge)We are still seeing the best signs of market rebalance in refined…

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…

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