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Article Archive | Page 1248

Railroads A Safe Bet Even As Oil And Coal Shipments Down

Jun 29, 2016 at 15:31

Everyone knows it has been a rough few years to be an oil investor, and an even tougher few years to be an investor in anything related to…

Is Wall Street Right About Electric Utility Stocks?

Jun 29, 2016 at 15:21

“Electric utility stocks are overstretched.” That’s the way Wall Streeters talk. They mean, “Electric utility stock prices are too high,” which is a polite way of saying that…

$13 Billion Oilfield Services Merger Set To Move Forward

Jun 29, 2016 at 15:02

To paraphrase Dickens, it is the best of times, it is the worst of times in the oil patch. Two major mergers in the last six months appear…

Turkey Tightens Control On Gas Cylinders to Curb Terrorism

Jun 29, 2016 at 14:23

Liquefied gas cylinders are a common household fixture in some parts of the world. They are a convenient way of getting natural or petroleum gas for cooking purposes…

Oil Marching On As Sentiment Improves

Jun 29, 2016 at 12:43

Once again, broader markets are maintaining a risk-on stance, with a falling dollar helping to usher crude prices higher. With weekly inventories bringing focus back to U.S. fundamentals…

New Drilling To Start As Oil Prices Firm Up

Jun 29, 2016 at 12:43

In a sign that the U.S. shale industry could spring back to life, one of the top Texas shale companies expects to grow both production and its rig…

Corruption Endemic In The Oil And Gas Industry

Jun 29, 2016 at 10:24

A major bombshell broken by the Guardian newspaper this week, shows that something may have been amiss with a 2009 ExxonMobil oil bid in Nigeria — where the…

API Claims A 3.9 Million Barrel Draw

Jun 29, 2016 at 10:06

The latest inventory report by the American Petroleum Institute injected some optimism into crude oil markets, suggesting that U.S. stockpiles fell by as much as 3.9 million…

The One Chart That Shows Why Oil Prices Have To Keep Rising

Jun 28, 2016 at 16:55

There has been a lot of pessimism among oil investors in recent months, and indeed the bear market over the last couple of years in black gold has…

Gulf Countries React To Brexit, Impact Of EU Departure On ME Oil

Jun 28, 2016 at 16:43

The imminent departure of Great Britain from the European Union has sent shockwaves through global financial markets. Upon learning the news of the referendum on June 23, the…

Can The Natural Gas Rally Continue?

Jun 28, 2016 at 16:05

Natural gas prices are on a tear, and every small dip is being aggressively bought by the traders. Technically, the current rally should rise to the next resistance…

Brexit Puts North Sea Oil In Limbo

Jun 28, 2016 at 15:33

The UK’s decision to leave the European Union sparked turmoil in financial markets around the world at the end of last week, but stocks rebounded on Tuesday…

The Oil Price Relief Rally Has Begun

Jun 28, 2016 at 14:34

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…

The Oil Price Rebound Will Be Brief – Goldman Sachs

Jun 28, 2016 at 12:55

Goldman Sachs has rejected analysts’ opinions that the global oil market is recovering, noting that while it expects a “modest” deficit in the coming months based…

Texas Sees A Bump In Oil And Natural Gas Output

Jun 28, 2016 at 12:10

Dean has shared his estimates for Texas Oil and Natural Gas output. Texas (TX) C+C output was revised lower by -10, -17, -22, -18, and -52…

Oil Prices Rally On Weaker Dollar

Jun 28, 2016 at 11:02

After the bloodletting across energy commodities, equities and various currencies in recent days, today is the day we have a relief rally, with markets seeing an…

The Major Making A Huge Platinum Investment In Zimbabwe

Jun 28, 2016 at 10:05

Very surprising news yesterday from one of the world’s most important — and most difficult — mining jurisdictions. The platinum-rich nation of Zimbabwe. The big revelations…

Did Brexit Kill The Oil Price Rally?

Jun 27, 2016 at 15:43

Oil prices fell again on Monday after last week’s rout following the Brexit vote, deepening the losses and killing off a multi-month oil price rally. There…

Iran’s Oil Production Is Slowing Fast

Jun 27, 2016 at 15:17

A major part of the fall in oil prices last year was driven by concerns over the rising production levels of Iran. With nuclear sanctions in…

Don’t Listen To The Analysts: The Rig Count Still Matters

Jun 27, 2016 at 15:06

The rig count matters. Saying that it doesn’t is like a realtor saying that location doesn’t matter. Rigs Don’t Produce Oil The holiest mystery of shale…

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