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Article Archive | Page 1147

However You Look At It Petrobras Is A Buy

Mar 31, 2017 at 15:39

Trade ideas usually come from one of two sources. Either they are fundamental or technical. Fundamental ideas reflect a change, or more often an expected change, in the fortunes of…

Terrible Timing For An OPEC Failure

Mar 31, 2017 at 15:39

Friday March 31, 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…

Global Energy Advisory 31st March 2017

Mar 31, 2017 at 15:34

Politics, Geopolitics & Conflict • Brexit could be good for the UK’s oil and gas industry, according to some observers. The reason is that unlike the financial industry, which is…

Are Crude Inventories On The Cusp Of Decline?

Mar 31, 2017 at 15:31

The strong performance on Thursday has put crude oil in a position to finish the week at a three-week high. The week began with the market being underpinned by reports…

Oil’s Central Bank To The Rescue!

Mar 31, 2017 at 15:31

- WTI rallied back into $50 territory this week with help from positive OPEC speak regarding an output cut renewal, production outages in Libya, Iraq and Canada and compliance levels…

Oil Prices Rise Above $50 On Outages, OPEC Expectations

Mar 31, 2017 at 14:49

Oil prices rose this week as markets are more optimistic about an extension of the OPEC output deal and falling gasoline inventories (Click to…

U.S. Shale Ignores OPEC’s Warning: Oil Rig Count Soars By 10

Mar 31, 2017 at 12:38

The United States oil and gas rig count jumped by 15 this week, to its highest level since September 25, 2015, according to Baker Hughes’ latest report on domestic…

Saudis To Cut Crude Prices To Asia, Again

Mar 31, 2017 at 10:59

Abundant supply of light oil in Asia and weaker demand amid some seasonal refinery maintenance will likely prompt Saudi Arabia to cut the official selling price for most of its…

Is This The Biggest Gold Deposit Ever Found In China?

Mar 31, 2017 at 10:55

Mining analysts MinEx Consulting released an interesting study on global exploration last week. Showing that China is by far the world’s largest spender on mineral exploration — but that discoveries…

Westinghouse Bankruptcy Could Stall UK Nuclear Plans

Mar 30, 2017 at 18:41

Late last week press reports indicated that Japan’s Toshiba Corp (6502.T) was preparing a bankruptcy filing for its Westinghouse nuclear design and construction subsidiary. Bankruptcy would affect the prospects for…

Is Gasoline Demand On The Rise?

Mar 30, 2017 at 16:59

A common refrain one hears these days from market bulls and reads in long-term analyses is that by 2020, the current glut in supply and decline in prices will be…

Are Gulf Oil Producers Falling Into The ‘Venezuela Trap’?

Mar 30, 2017 at 16:42

Oman has struck a deal with several banks for a $4 billion loan to be repaid in future oil deliveries. Abu Dhabi signed a contract with commodity trading giant…

These Fundamentals Point To Higher Oil Prices

Mar 30, 2017 at 14:37

Gasoline demand is rising again in the U.S., helping to drain the exceptionally high levels of refined product inventories. That provides a small bit of bullish evidence for a market…

Is Haynesville About To Make A Comeback?

Mar 30, 2017 at 14:33

Back in early 2011, the Haynesville shale play in east Texas, northwest Louisiana, and southwest Arkansas surpassed the Barnett Shale in Texas as the highest-producing shale gas play in…

RoboTaxis Will Be Commonplace By 2040

Mar 30, 2017 at 14:29

When the great grandson of Henry Ford says that future of auto manufacturing and marketing will soon be shifting seismically, you’d better pay attention. Bill Ford, Jr., Ford’s chairman and…

What Gold Can Tell You About Oil Prices

Mar 30, 2017 at 14:27

It’s human nature to pay close attention to market indicators when they seem to be working and show neglect or indifference when they’re not. That is not, however, necessarily the…

Russia Reaches 2/3 Of Oil Output Cut Target

Mar 30, 2017 at 12:33

Russia has cut crude oil production by 200,000 barrels daily, Energy Minister Alexander Novak said. That’s two-thirds of the amount it agreed to cut under the OPEC-non-OPEC agreement closed…

Mysterious Outage In Libya Could Drive Oil Prices Higher

Mar 30, 2017 at 10:41

It’s been a rollercoaster ride for Libya’s oil sector the last few months. With production from this important OPEC player swinging wildly with unstable politics in the country.…

Huge 300,000 Bpd Fracklog Could Derail Oil Price Recovery

Mar 29, 2017 at 15:17

Thousands of drilled shale wells are sitting idle, unfracked and uncompleted. The backlog of drilled but uncompleted wells (DUCs) grew dramatically beginning in 2014, as low oil prices forced drillers…

Maduro’s Last Stand: Military Takes Over Struggling Oil Sector

Mar 29, 2017 at 15:17

As Venezuela’s foreign currency reserves have shrunk to $10.4 billion USD, so have the country’s goods in stock, against the background of gas, energy and medicine shortages, crime rates…

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