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Article Archive | Page 1258

How The Brexit Vote Will Impact Oil Prices

Jun 20, 2016 at 13:35

British voters are set to vote this week on whether to stay within the European Union or to break up and go it alone. Although the…

Oil Rallies With Risk-On Rebound

Jun 20, 2016 at 11:11

In honor of Brian Wilson’s 74th birthday, the oil market is picking up some good vibrations to start the week. As Brexit fears abate and risk-on…

Is The Race For Madagascar’s Resources About To Get Underway?

Jun 20, 2016 at 10:52

Back from Asia — a part of the world where a small but potentially important news item emerged in the mining world this week - from…

Russia Considers Building A Hyperloop To China

Jun 20, 2016 at 09:50

Russia’s Transport Ministry is considering the Elon Musk-proposed Hyperloop concept to connect China with the Russian Far East and may propose the idea to Beijing. "The…

Slavery At Sea: The Ugly Underbelly Of Oil Shipping

Jun 17, 2016 at 18:27

The words “slavery” and “oil”, when used together, are usually reserved for use in the context of palm oil, but the offshore oil and gas industry…

Is Statoil Ready To Move Away From Fossil Fuels?

Jun 17, 2016 at 18:17

Norway’s parliament recently passed legislation vowing to make the country carbon-neutral by 2030. The bill passed with bi-partisan support and is a powerful indicator of the…

OPEC May Be Forcing Venezuela Into Regime Change

Jun 17, 2016 at 18:12

A key U.S. Congressman believes that the actions by the Organization of Petroleum Exporting Countries (OPEC) regarding oil production could lead to regime change in Venezuela,…

Is The End In Sight For Alaska’s Oil Based Economy?

Jun 17, 2016 at 18:07

Alaska has long been one of the few U.S. states without an income tax. Thanks to its incredible bounty of natural resources, the state had more…

Record Breaking Production Drop In North Dakota

Jun 17, 2016 at 17:47

The Bakken and North Dakota production data is out. Big surprise. The Bakken was down 69,420 barrels per day in April while all North Dakota was down 70,414…

Saudi Aramco IPO, Not for BP

Jun 17, 2016 at 17:38

Speaking on the sidelines of the St. Petersburg International Economic Forum on Thursday, BP Plc hinted that it was not interested in the Saudi Aramco IPO.…

Volatility Is Back In Oil, What Does It Mean?

Jun 17, 2016 at 17:13

August Crude Oil futures plunged this week and are in a position to post a nearly 6% loss for the week as investors reacted to a…

Choosing The Winner In U.S. Shale

Jun 17, 2016 at 17:31

Now that oil is backing away marginally from its $50 level, there has been an equal retracement in the price of energy stocks with it. I…

Futures And How To Use Them

Jun 17, 2016 at 17:29

With energy, and oil prices in particular, being so much in the news over the last year or so it seems that a lot of people…

Fundamentals Point To Higher Oil Prices…But is that Enough?

Jun 17, 2016 at 17:27

Friday, June 17, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…

Global Energy Advisory June 17th 2016

Jun 17, 2016 at 17:15

Politics, Geopolitics & Conflict • Unknown gunmen attacked two Iranian cargo trailers in Turkey's southeastern region on Wednesday night, setting fire to the trucks,…

Oil Volatility To Increase During Brexit Week

Jun 17, 2016 at 17:05

• Brexit anxiety dominated markets this week after new polls revealed heightened odds of a Leave vote. From June 9th to June 16th, the GBP weakened considerably and the EUR/USD…

Oil Reverses Despite Market Uncertainty

Jun 17, 2016 at 15:43

We begin with a look at the key data for the oil and gas industry this week, which shows an unexpected draw in U.S. oil inventories…

Oil Fears Mount As Rig Count Rises For A Third Straight Week

Jun 17, 2016 at 13:46

The U.S. oil and gas rigs count is up today according to today’s Baker Hughes report, marking the third straight week of increases for the…

Oil Prices Rebound As Sentiment Shifts

Jun 17, 2016 at 11:10

It is national flip-flop day, and the oil market is acting accordingly. After reaching a one-month low after six consecutive days of losses, crude has changed…

Oregon Looks To Ban Crude-Oil-Only Trains Following Derailment And Fire

Jun 17, 2016 at 09:42

Oregon transportation officials are now calling for a halt of Union Pacific trains after a derailment on the third of June. Eleven cars from…

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