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Article Archive | Page 1077

Multiple Factors Suggest A Contrarian Trade In Oil

Sep 15, 2017 at 16:25

Regular readers, god bless them, will be aware that I am a bit of a contrarian. Most dips are buying opportunities to me and commodity rallies result in my cursor…

Oil Markets Are Rebalancing At Last

Sep 15, 2017 at 16:19

Friday September 15, 2017 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…

Global Energy Advisory 15th September, 2017

Sep 15, 2017 at 16:04

Last week the Indian energy minister announced New Delhi has renegotiated the price for the fuel under a 20-year contract with Exxon. Renegotiations of long-term contracts in oil and gas…

Oil Markets Prepare For An End-Of-Year Rally

Sep 15, 2017 at 15:58

November West Texas Intermediate crude oil is in a position to close sharply higher for the week in reaction to a bullish report from the International Energy Agency (IEA). According…

Qatar Unfazed By Arab Blockade

Sep 15, 2017 at 15:39

Qatar’s resilience in the face of months of economic and diplomatic ostracization echoes in the ears of Saudi Arabia—a regional and religious leader running out of options in its quest…

Soaring Demand Drives Oil Market Recovery

Sep 15, 2017 at 12:47

It has been a bullish week in oil. Rig counts dropped, WTI broke $50, demand has spiked, and geopolitical risk has kept the market on the edge of its seat. …

U.S. Oil Rig Count Continues To Collapse

Sep 15, 2017 at 12:25

The number of active oil and gas rigs in the United States fell this week by 8 rigs. The total oil and gas rig count in the United States…

Is An Oil Price Spike Imminent?

Sep 15, 2017 at 10:34

As the U.S. market begins its recovery from the double whammy served up by hurricanes Harvey and Irma, my earlier projections of where crude oil prices are headed have come true.…

U.S. Gulf Coast Refiners Are Bouncing Back

Sep 15, 2017 at 09:19

Nearly twenty days (or over 450 hours) after Hurricane Harvey made landfall between Port Aransas and Port O'Connor in Texas, there are a number of signs emerging in our ClipperData…

Why Aramco Delayed Its IPO

Sep 14, 2017 at 16:59

The long-awaited Saudi Aramco IPO, scheduled for mid-2018, could be delayed to 2019. International news reports have stated that the Saudi government is currently putting together contingency plans for a…

Is The Sun Setting On The Solar Boom?

Sep 14, 2017 at 16:32

The U.S. solar industry is expected to see its expansion significantly curtailed this year after installing record capacity in 2016, marking the first annual decline in installations for the industry.…

Does Russia Really Need The OPEC Deal?

Sep 14, 2017 at 16:21

OPEC and Russia are coordinating the first joint OPEC/non-OPEC deal to curb oil output since 2001, but the apparent unity in the face of lower-for-longer oil prices doesn’t disguise the…

EIA: Coal Is Dying As Renewables Rise

Sep 14, 2017 at 15:27

World energy consumption is forecast to grow 28 percent by 2040, with China and India leading the growth spurt, and demand set to rise for everything but coal. According to…

Electric Vehicles: The High Cost Of Going Green

Sep 14, 2017 at 14:13

It has become raison d’être that electric vehicles (EV) will keep increasing in use without considering serious factors that could hamper their growth. The British electrical grid example and the…

Supermajors Prepare For A Permian Bidding War

Sep 14, 2017 at 14:01

BHP announced their plans to divest their U.S. shale assets, including a 123,000-acre position in the heart of the Delaware Basin. This acreage position, in terms of a pricing evaluation,…

Alberta Banking On An Oil Sands Boom

Sep 14, 2017 at 12:58

Alberta Premier Rachel Notley cut the ribbon that marked the official opening of an oil sands expansion project near Fort McMurray on Wednesday. The new project is expected to produce…

WTI Breaks $50 As Bullish Sentiment Builds

Sep 14, 2017 at 11:50

Buoyed by strong global oil demand growth and reduced OPEC supply, U.S. benchmark WTI jumped above the psychologically important US$50 threshold on Thursday, topping that level for the first…

Russia’s Arctic Oil Is Off Limits For Private Drillers

Sep 14, 2017 at 10:22

On the last day of summer 2017, Russia’s Prime Minister Dmitry Medvedev held a government session dedicated to the development of the country’s territories in the Arctic. After months of…

“Super Critical” Coal Shortage Sends India Scrambling For NatGas

Sep 14, 2017 at 09:17

Big disappointment in the global natural gas industry this week, with majors Total and Eni coming up largely dry in a much-anticipated well offshore Cyprus. But elsewhere things are turning…

The Most Bullish Oil Report This Year

Sep 13, 2017 at 17:18

Despite the huge uncertainties related to the two massive hurricanes that hit the U.S., the global oil market looks tighter than it has in a long time, according to a…

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