It’s starting to look like people may go to Mars in our lifetimes. Credit is due to Elon Musk for bringing the concept to the forefront of public discussion, but…
As the U.S. dollar pushes on to the highest level in a year, crude is correspondingly getting crushed today. While some may suspect the oil sell-off is due to a…
Three new oilfields in Iran were put in production mode this weekend at an official ceremony, adding more than 220,000 bpd to the country’s total output. The fields are…
Continental Resources’ CEO Harold Hamm is on the short list for Secretary of Energy, according to a document obtained by the Associated Press. Along with the energy billionaire, president-elect…
Just one day after the IEA warned the world could drown in oil if production does not fall beneath demand sometime soon, OPEC released a new market whammy, offering up…
The greatest gift to shareholders of a vast array of global oilfield services (OFS) firms in the past 20 years has been the entry of storied industrial giant General Electric…
With the election of Donald Trump as President, forecasters and analysts are dashing to determine how his policies are likely to affect global energy. It’s likely that his measures will…
Much has been made about President-elect Donald Trump’s plans to dismantle environmental regulations and streamline regulations that could lead to the construction of more pipelines. But there are…
Just before 3am on Wednesday morning, news broke that Donald Trump would be the 45th President of the United States. The announcement has both scared and excited Americans but regardless…
The Brexit vote has not shaken up forecasts for North Sea oil and gas production, according to BMI Research, but a successful second bid for Scottish independence could slash output…
The era of the mighty U.S. major oil industry is coming to an end as the country’s largest petroleum company is in big trouble. While ExxonMobil has been the most…
It'd be easier if I were an expert in something other than energy – that'd make the forecasting of which stocks will benefit under a new Trump administration so much…
Given what we know from the seemingly eternal Presidential election campaign it would seem that the answer to the question “What does Trump’s election mean for energy?” is an obvious…
Friday November 11, 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…
Politics, Geopolitics & Conflict • Oil prices remained stable on the news that Donald Trump won the presidential vote in the U.S. So, now is the time to reflect on…
December WTI Crude Oil futures posted a two-sided trade this week as investors reacted to the traditional fundamentals and to the election of Donald Trump as president. After a one-day…
In its third-quarter report, Exxon warned it might have to write off 4.6 billion barrels of oil and oil equivalent from its proved reserves if international prices remain at…
• WTI traded in a bearish pattern once again this week taking out last week’s low print and settling $43.41 on Friday following an IEA report with bearishly adjusted supply/demand…
Oil prices headed lower on Friday after the latest OPEC report indicated significantly higher Iranian oil production. (Click to enlarge)
Despite today’s turbulent markets and less-than-appealing oil prices, North American drillers seem to be continuing to slowly but steadily ramp up the number of active rigs in production by the…