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Article Archive | Page 1169

Global Energy Advisory February 3rd 2017

Feb 03, 2017 at 16:28

Politics, Geopolitics & Conflict • The White House has put Iran “on notice” following ballistic missile tests in the country. According to Trump’s National Security Advisor Michael Flynn, who announced…

Too Many Longs Spoil The Breakout

Feb 03, 2017 at 16:25

March West Texas Intermediate crude oil ended January with a whimper, but showed promise early February with a spike to the upside, but this attempted breakout fizzled before it could…

Dollar Or Iran? Oil Needs A Serious Catalyst To Breakout

Feb 03, 2017 at 16:21

- Oil traded in a painfully dull range yet again this week through Thursday ($54.34 / $52.24) after managing just a $4.53 range in January ($55.24 / $50.71.) The market…

Oil Prices Could Rise Further As U.S. Imposes Sanctions On Iran

Feb 03, 2017 at 14:03

Oil prices posted modest gains this week boosted by ‘good’ OPEC compliance, but a real catalyst for prices to move higher or lower still lacks

Rig Count Sees Largest 4 Week Gain Since April 2014

Feb 03, 2017 at 12:38

The number of active oil and gas rigs in the United States increased on Friday by 17, nearly erasing earlier gains to both WTI and Brent crude oil benchmarks. Both…

Oil Prices Up On Prospect Of New Iranian Sanctions

Feb 03, 2017 at 11:23

Happy Nonfarm Friday! Better-than-expected job creation last month is supporting sentiment on this first Friday of February, and crude is being swept along with this, being boosted as well by…

The Philippines Just Shut Down Half Of Its Mining Industry

Feb 03, 2017 at 09:38

One of the most-watched happenings in the global mining sector came to a head yesterday. As the government of major mining center the Philippines unveiled results of a nation-wide…

Has Big Oil Bought Into The Oil Price Recovery?

Feb 02, 2017 at 16:52

Since oil prices recovered to over US$50 per barrel, analysts have started calling the bottom of the investment cycle in the oil industry. But while many U.S. onshore drillers are…

Why The Electric Car Boom Could Cause Another Oil Price Crash

Feb 02, 2017 at 16:33

A 2014-style oil price meltdown could occur again. Only this time, instead of a sudden surge of supply, the culprit will be the fast adoption of electric vehicles, which will…

The 150,000 Oil Jobs That May Never Come Back

Feb 02, 2017 at 16:26

The political discourse last year has largely been dominated by the absence of jobs and wage growth in the blue collar space. For many blue collar workers, the energy sector…

New Methane Leak Detector Could Save Oil Industry $30 Billion Per Year

Feb 02, 2017 at 14:57

Laser-based detectors are the core of three recently publicized methane detection projects that aim to curb uncontrolled methane emissions at oil and gas fields and storage sites. The projects are…

Despite High Risks, Investors Remain Bullish On Energy

Feb 02, 2017 at 14:45

Notwithstanding Monday’s big stock market drop, the outlook for investors is getting cloudier. While President Trump and the Republicans have made many promises that appeal to investors such as corporate…

Saudis Raise March Crude Prices For All Customers

Feb 02, 2017 at 11:17

Saudi Arabia has raised the prices of all grades it will be shipping to Asia, the U.S., Northwest Europe and the Mediterranean countries, with prices for Asian buyers increased more…

Oil Prices Stuck In Narrow Band, Capped By U.S. Shale Threat

Feb 02, 2017 at 11:08

Yes, it's Groundhog Day (again), and that dastardly Punxsutawney Phil has seen his shadow, predicting six more weeks of winter. Fortunately, he's no good at forecasting (unlike the woolly worm),…

Research Warns Cheap Solar Will Dampen Oil, Coal Demand

Feb 02, 2017 at 10:23

A new research from Imperial College London and think tank Carbon Tracking Initiative has warned that the falling costs of solar power and electric vehicles is likely to weigh…

Is The Kremlin Funding A Campaign That Undermines U.S. Fracking?

Feb 01, 2017 at 16:28

The recent National Intelligence Council report assessing the involvement of Russia in last year’s U.S. presidential elections spurred a flurry of media reports suggesting that Russia is heavily involved…

The Canadian Comeback: Oil Rig Productivity Takes A Huge Leap

Feb 01, 2017 at 16:21

How much wood could a woodchuck chuck? Okay, that’s trite, but assuming a woodchuck can chuck wood, the classic children’s alliteration leads economists to think about productivity, poetically. Now I…

U.S. Shale Sees Rebound In 2017…But Mostly From The Permian

Feb 01, 2017 at 16:12

The oil industry invested more than $28 billion in buying up land in the Permian Basin in 2016, three times the amount spent in 2015, according to Reuters. That…

Top 10 Bankruptcies Of 2016 Feature 9 Energy Firms

Feb 01, 2017 at 15:53

Low oil prices and the distress of the solar, coal, and oil and gas producers resulted in nine energy firms making the top 10 of public company bankruptcies for 2016…

Is Deepwater Drilling About To Make A Comeback?

Feb 01, 2017 at 14:29

The most unloved sector in energy is starting to “sea” slightly sunnier skies on the ocean’s horizon. The decline in oil prices has had a dramatic effect on many investors’…

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