The Trump administration is going after another of the Obama-era environment protection rules by ordering a review of conservation plan for the greater sage grouse, in a move that would…
Automakers are disappointed with President Donald Trump’s decision to exit the Paris climate accord – and some will back the agreement without him. Two of the U.S.’s vehicle manufacturing
In my early days of trading, I had a ‘mentor’ of sorts who gave me all sorts of advice and useful tips about market action. One I remember clearly was…
Around three years ago, in June of 2014, oil began a spectacular collapse. After rising to the point where WTI was fetching over $100 a barrel and holding that psychologically…
Friday June 9, 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…
While this week has seen high-level political and geopolitical developments that hint at a dangerous climax in tensions emanating from the Middle East - as an OPEC rift widens and…
September West Texas Intermediate Crude Oil Analysis September West Texas Intermediate crude oil futures are expected to close lower for the week. The market is being pressured by evidence of…
- Over the last three weeks strong WTI spreads served as a key reminder of bullish fundamental expectations as flat price sold off sharply. This week’s collapse in prompt and…
Oil has fallen lower this week, with a particularly bearish EIA report combining with geopolitical tensions in the Middle East to push…
The number of active oil and gas rigs in the United States rose again this week by 11—making it 21 weeks of consecutive gains—the longest growth streak since at…
Libya’s largest oil field, El Sharara, has resumed production after workers had shuttered the 270,000-bpd field on Wednesday, protesting over the lack of medical treatment for a co-worker who…
Iraq is planning to triple its refining capacity as the third-largest oil exporter increases crude oil production, Bloomberg reported, based on an interview with an official in the country.
Oil prices have plunged back to levels not seen since OPEC announced its original production cut deal last November. Prices have been falling since the group extended their cuts for…
Media coverage of the U.S. shale oil and gas industry makes it sound like the Permian is the only place where things are happening. Everybody is buying acreage in the…
The buddy-buddy vibe of Gulf countries working together in OPEC has served as a band-aid that has covered up friction between the monarchies for the past couple of years, but…
Canada is inviting Chinese companies to invest in its oil sands, Canada’s Natural Resources Minister Jim Carr said on Thursday, after an exodus in the past few months saw…
As noted in Part I of this series, the downstream theft of hydrocarbons is a huge industry in Nigeria. As global oil prices rose above $100 a barrel in…
Thanks to a 13 percent surge in crude imports (as refiners prepare for maintenance season), China's trade surplus hit its highest since Jan (though -4 percent YoY). Imports (+14.8 percent…
The number of electric vehicles on the road surged to two million last year, according to the International Energy Agency (IEA). Registered plug-in and battery-powered vehicles on roads worldwide rose…
Decreasing production in 2016 not enough to dethrone U.S. oil and gas industry Despite the lowest commodity prices in 13 years, U.S. oil and gas production in 2016 continued to…