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Article Archive | Page 1238

Oil Prices Rally As OPEC Deal Seems More Likely

Sep 02, 2016 at 12:49

Happy Nonfarm Friday! After selling off strongly so far this week, oil prices are mustering a bounce into the holiday weekend, encouraged higher by an underwhelming employment report…

Russia Backs OPEC Deal With Wild Card for Iran’s Output

Sep 02, 2016 at 11:23

The latest chapter in the oil production freeze chatter saw Russia and Saudi Arabia issuing remarks about a possible deal, but while the Saudi foreign minister said that…

Venezuela’s Oil Output Set To Collapse As 1 Million Take To The Streets

Sep 02, 2016 at 10:59

Hundreds of thousands of protesters took to the streets in Caracas on September 1, demanding the removal of Venezuelan President Nicolas Maduro. Estimates peg the number of protesters…

This Major Deal Confirms The Huge NatGas Potential Of This Tiny Island

Sep 02, 2016 at 09:59

I’ve written a lot over the last few months about a tiny island emerging as one of the world’s best spots for natural gas production. The eastern…

How Millennials Could Bring The Oil Industry To Its Knees

Sep 01, 2016 at 16:27

Maybe in better times, the staggering population of the millennial demographic would be a hurdle over which Big Oil could easily leap. But times are tough, and that…

The Coming Revolution in LNG Pricing

Sep 01, 2016 at 16:26

Even if it’s a fossil fuel, natural gas burns cleaner than coal. Even if it has been hardly feasible to transport it long distance and overseas in its…

Private Equity Senses Market Bottom, Pouring Money Into Texas Shale

Sep 01, 2016 at 16:15

In a sign of just how competitive the rebounding energy market could become, private equity firms are jumping into the rebounding Texas market. As retail investors weigh the…

Putin Has The Middle East In His Sights And It’s Not Just about Oil

Sep 01, 2016 at 14:40

It has become perfectly clear by now that Russia is putting a lot of effort into building its relationship with Iran, focusing, of course, on its oil and…

Saudi Arabia Just Boosted The Odds Of An OPEC Deal

Sep 01, 2016 at 14:37

Expectations for the success of the upcoming OPEC meeting in Algeria continue to seesaw, with comments from top officials from member countries continuing to alter oil market sentiment.…

Dollar Strength Takes Its Toll On Oil Prices Again

Sep 01, 2016 at 13:03

As we move into September, the return of oversupply fears are clobbering the crude complex lower, with gasoline leading the charge. With Nonfarm Friday on deck tomorrow, bringing…

OPEC Pumps Record Crude In August

Sep 01, 2016 at 12:12

OPEC’s crude production increased by 40,000 bpd in August over July to a record-high in recent times, with Saudi Arabia likely setting a fresh output record, according to…

The First U.S. LNG Shipment To China Arrives

Sep 01, 2016 at 11:24

The fist LNG shipment to China from the lower 48 states arrived last week, marking the official entry of the U.S. into the Asian LNG market. The shipment…

Shell Looking Beyond Petroleum

Sep 01, 2016 at 10:53

There are many players looking to enter the oil markets thanks to the raft of deals available as the oil price crash appears to be over. For the…

The Biggest Wildcard For Oil Prices Right Now

Sep 01, 2016 at 10:39

At the end of July, we wrote an article titled "Oil Bulls Beware: Crude Demand Is About To Slide As China's SPR Is "Close To Capacity" which…

Why Is Rio Tinto Giving Diamonds Away For Free?

Sep 01, 2016 at 09:41

It’s not often that quality mining assets come up for sale. And it’s even rarer they’re given away for free. But news this week suggests that’s exactly what’s…

Slave Shipyards: The Oil Industry's Shocking Secret

Aug 31, 2016 at 16:19

A series of news reports coming out of Norway claim to connect a Norwegian shipping company that operates seismic vessels for the oil industry to slave labor benefitting…

Is Elon Musk Taking Advantage Of Solar City Investors?

Aug 31, 2016 at 16:07

Elon Musk's recent purchase of $65 million of SolarCity debt is raising some eyebrows. Musk has long been deeply involved in the fate of three prominent new…

Slashing Dividends: The Only Option Left For Big Oil?

Aug 31, 2016 at 16:03

The oil majors will have an extraordinarily difficult time trying to maintain their hefty dividends in today’s oil market environment, and unless oil prices rebound substantially, companies may…

Argentina’s Shale Industry Makes Progress, But No Boom Yet

Aug 31, 2016 at 15:06

Argentina is advancing in its mission to become the largest shale oil and gas producer outside of North America. But well economics still challenge the industry, despite heavy…

Oil Wars: Can Russia Hold Off Middle Eastern Oil In Eastern Europe

Aug 31, 2016 at 14:49

Russia still has supremacy over Central and Eastern Europe, especially over its crude oil market. However, Middle-East countries like Saudi Arabia, Iraq and Iran, have recently entered this…

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