Article Archive | Page 1145

Apr 21, 2017 at 14:06

- The majority of recent oil market coverage has focused on bearish flies in the physical rebalance ointment including elevated OECD crude + refined product stocks and higher than forecast…

Apr 21, 2017 at 14:17

2017 hasn’t seen much volatility in oil prices, something we might not have expected with a new administration, a change in Fed policy, Brexit and a hundred other smaller events…

Apr 21, 2017 at 14:14

There are many big differences between trading and investing from “inside” the market and doing so from “outside”. When you are sitting at a trading desk and following markets every…

Apr 21, 2017 at 14:09

Friday April 21, 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…

Apr 21, 2017 at 14:00

Politics, Geopolitics & Conflict • The referendum to change Turkey into an executive presidential system has passed with the narrowest of margins, even though the opposition and EU bodies claim…

Apr 21, 2017 at 13:49

Oil prices fell fast on Friday afternoon as traders see the rising rig count as yet another sign that the markets are still grossly oversupplied.

Apr 21, 2017 at 13:57

The week started with June West Texas intermediate crude oil futures holding steady despite forming a potentially bearish closing price reversal top on April 12 at $54.14. The move suggested…

Apr 21, 2017 at 12:24

This week’s Baker Hughes rig count is the fourteenth in the string of weekly reminders that US shale will not succumb to the price pressure that OPEC has placed…

Apr 21, 2017 at 11:52

Crude is heading lower again, rounding out a downbeat week, as the expectation of an OPEC production cut extension is more than outweighed by an ongoing lopsided market. As oversupply…

Apr 21, 2017 at 10:07

Technological advancements have just pushed the boundaries of recoverable oil and gas in the U.S. further, according to an announcement by the U.S. Geological Survey. The agency reported that…

Apr 21, 2017 at 09:29

The U.S. shale sector continues to be the hottest spot in natural resources investment. But news this week suggests America’s oil and gas industry may have a new rival —…

Apr 20, 2017 at 16:56

South Sudan’s vulnerable financial state is making the civil-war-torn state easy prey for opportunistic oil and gas companies that could be offering Juba a fraction of the energy profits they…

Apr 20, 2017 at 16:49

OPEC continues to make progress on cooperation as they close in on an agreement to extend their production cuts for another six months. On April 20, several top OPEC…

Apr 20, 2017 at 15:06

Last week, U.S. banks boosted the borrowing bases for several independent energy companies, lifting spirits in the industry. The move was taken as a sign that lenders are beginning…

Apr 20, 2017 at 14:44

ExxonMobil is betting on shale development not only on its home turf. The supermajor is also planning to speed up investment plans for shale gas drilling in Argentina’s prized Vaca…

Apr 20, 2017 at 14:44

Quite suddenly, there is remarkable oil industry news to come out of the East Mediterranean region. If the plan is executed, in the space of seven years the balance of…

Apr 20, 2017 at 13:55

The El-Feel oil field in western Libya—operated by a joint venture between Italy’s Eni and Libya’s National Oil Corporation (NOC)—reopened on Wednesday after two years, and expects to start pumping…

Apr 20, 2017 at 11:51

The much anticipated Tesla Model 3 has yet to be released and already a groundswell of electric car competition is forming to challenge Elon Musk's upcoming offering. Start in China,…

Apr 20, 2017 at 11:20

Oil is trying to recover after yesterday's shellacking, but oversupply fears still remain. As rumors and murmurs circulate about an extension to the OPEC production cut, hark, here are five…

Apr 20, 2017 at 09:50

Saudi Arabia’s and Kuwait’s oil ministers said consensus is building among OPEC members on the extension of the cartel’s six-month oil production cut agreement, strengthening optimism about international prices. Speaking…