In early afternoon yesterday, with voting at full swing across the U.S., West Texas Intermediate was trading at US$45.23 a barrel, up almost a percent from opening. But by 11:30…
Energy Transfer Partners shareholders probably understand a little bit of the frustration that Transcanada shareholders felt a few years ago. ETP is in the process of building a new underground…
Money managers have reduced their bullish crude oil bets due to disputes among OPEC members on how to implement the output ceiling agreed to in late September. Managers reduced their…
While the proxy war in the middle-east rages, a curious, and largely under the radar pivot has been taking place in one of the countries directly impacted by Hillary Clinton's…
Things come in threes, so after the unexpected Brexit result earlier in the year, and Donald Trump's surprise election victory overnight, it would appear we are destined for an unlikely…
A few hours after Donald Trump won the presidential election, the Energy Information Administration (EIA) reported a build of 2.4 million barrels of crude in U.S. commercial inventories. Total…
As if OPEC had an easy job to do in trying to get its own 14 members on the same page about its policies, another major unknown entered the global…
On Tuesday November 8, millions of voters will head to the polls in the United States to choose who will be the next president. That figure, either business magnate Donald…
OPEC warned in newly released report that oil prices might not rise above $60 per barrel until the end of the decade, in an acknowledgement that an array of bearish…
For families using natural gas in their homes, this could be an expensive winter... or a cold one without heat. New England consumes the most liquid natural gas (LNGs)…
The majority of us will say check out last year's figures – only 13 exploratory wells were drilled in 2015. As energyvoice.com put it - “Exploration in British waters has…
We begin with a quick look at some of the critical figures and data in the energy markets this week, which show that oil prices have steadied on the eve…
Given the election is dominating much of the movement in markets today, and given the timely release of OPEC's World Oil Outlook, today's post digs into some of the longer-term…
Across the oil industry, many firms have started to see their stock prices stabilize. The offshore deepwater drilling industry is the exception. Deepwater drillers have continued to collapse in value.…
OPEC is hedging its bets regarding peak oil demand, and has included a scenario in its plans that account for it arriving in just over a decade, should the Paris…
After the worst week for oil since January, crude prices firmed up on Monday ahead of Tuesday’s historic election. Oil dropped 10 percent last week, in large part due to…
OPEC Secretary General Mohammed Barkindo offered the market another treat today, saying that Russia is “on board” with “the Algiers accord.” This assurance, following numerous other OPEC assurances, comes…
A report from the IMF has warned that the “new normal” in oil will delay the economic recovery in oil-dependent countries. Few would be surprised by this, except perhaps…
Around the time of the February oil crash, we first mused whether OPEC had developed a curious habit of jawboning oil prices higher with the help of flashing headlines at…
The treaty to reduce carbon emissions negotiated in Paris a year ago (COP21) officially comes into force today. Countries representing 55 percent of global emissions have moved from signing a…