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Article Archive | Page 1266

Saudi Arabia Loses Top Credit Rating from Moody’s

May 16, 2016 at 11:42

Low oil prices continue to take a toll on oil producers in the Middle East. The latest sign of trouble comes from Moody’s Investors Service, which cut its…

Oil Climbs Higher As Goldman Sachs Sees Glut Shift To Deficit

May 16, 2016 at 10:31

Thirty-one years after Michael Jordan was named Rookie of the Year in the NBA, and supply outages are ensuring that a rally is a slam dunk for oil today. Here…

Oil Markets Balancing Much Faster Than Thought

May 13, 2016 at 18:11

Oil markets are only a few months away from a much closer balance as demand holds steady and supply drops off. Several reports from the three…

Falling Chinese Demand Could Intensify The Oil War

May 13, 2016 at 18:03

The Chinese slowdown did more than drag down its own economy, it singlehandedly created financial tremors throughout the global financial markets. With consistent growth rates well…

Fracking: Oklahoma’s New F-Word

May 13, 2016 at 17:52

Fracking in Oklahoma, as well as elsewhere, has been on the decline, thanks to the oil price slump. Quakes, however, are continuing at alarming rates. A…

The East Texas Basin Continues To Surpass Expectations

May 13, 2016 at 17:52

The East Texas Basin, a rather large Jurassic-Aged basin containing a number of hydrocarbon-bearing formations stretched across the northern part of East Texas and West Louisiana,…

What Experts Miss When Discussing Peak Oil

May 13, 2016 at 17:35

For a long time, a common assumption has been that the world will eventually “run out” of oil and other non-renewable resources. Instead, we seem to…

EU Energy: Only Adversaries To Choose From

May 13, 2016 at 17:02

(Click to enlarge)Currently, less than half of the EU’s gas demand is…

Why Oil Prices Increased Despite Doha Disaster

May 13, 2016 at 16:55

In April, oil prices significantly increased by around 20 percent. In particular, Brent opened at $38.69/b and closed at $47.32/b (monthly high, $48.50/b), while WTI opened…

How Oil Prices Are Impacted By Storage Logistics

May 13, 2016 at 16:50

Macroeconomic investors in financial products such as oil futures contracts speculate on commodity pricing trends. Because their participation in markets is purely financial, speculators, notably hedge…

Elon Musks Hyperloop Inches Forward With First Successful Test

May 13, 2016 at 18:03

Imagine a fossil-fuel independent world where those who don’t want to give up their road autonomy drive electric cars, while those who need to get from…

As The U.S. Rig Count Continues To Plunge, Output Follows Suit

May 13, 2016 at 16:43

Baker Hughes published the latest oil rig count today—and although not surprising, the news that the oil rig count fell for the eighth straight week…

Slow Rebound In Oil May Trigger Another Bankruptcy Wave

May 13, 2016 at 16:39

Many investors have started to jump back into the oil sector in recent weeks based in large part on the slow upward grind in oil prices.…

Why The Sustained Bull Run On Oil Hasn’t Materialized

May 13, 2016 at 16:35

It is, I’m sure, puzzling to a lot of people that after hearing so much news supportive of oil prices this week WTI has failed to…

Contango Shrinks But Oil Meets Resistance At $46

May 13, 2016 at 16:20

Friday, May 13, 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 13th May 2016

May 13, 2016 at 16:11

Politics, Geopolitics & Conflict • For foreign oil companies, all eyes are on Brazil—and what comes next now that President Dilma Rousseff…

Are We Nearing A Short Term Top For Oil Prices?

May 13, 2016 at 16:08

This week can best be described as a “yeah, but…” week. As in “yeah, there are wildfires in Canada helping to cut output by 1 million…

Oil On Track To Balance Later This Year

May 13, 2016 at 14:53

When looking at this week’s key data for the oil and gas industry, we see a modest draw in U.S. crude stocks, and stagnating gasoline prices…

Holding 30% Of June Brent Crude Contracts, Is Glencore Manipulating Oil Prices?

May 13, 2016 at 14:49

While oil bulls were delighted by Wednesday’s DOE news of an inventory drawdown refuting the prior day's API news of a major build, what was ignored…

Appreciating Dollar Caps Crude Rally Again

May 13, 2016 at 10:10

And it’s an exciting end to an eventful week in the oil market on this Friday the 13th. In fitting fashion, crude was screaming lower earlier,…

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