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Article Archive | Page 1270

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,…

Bakken Output Continues To Fall Along With Rig Count

May 13, 2016 at 17:32

The North Dakota Oil Production Stats are out. North Dakota crude oil production was down just less than 10,000 barrels per day.

Iran Hits Saudis Where It Hurts, Offers Discounts On Asian Crude

May 12, 2016 at 16:32

Iran has introduced a discount on the June contract for its heavy crude going to Asia, just a few days after Saudi Arabia announced a…

Can Brazil’s Next President Rescue Petrobras?

May 12, 2016 at 16:21

Brazil’s Senate voted to approve impeachment proceedings against President Dilma Rousseff, forcing her to step down in order to stand trial. Vice President Michel Temer will…

Are Subsidies Killing US Solar Companies?

May 12, 2016 at 16:03

The oil price rout has caused a lot of headaches in the renewable industry, especially in the heavily subsidized U.S. solar sector, which is suffering some…

Energy Sector Hit With Two More Big Bankruptcies

May 12, 2016 at 15:46

According to data compiled by Haynes and Boone, in just the first four months of 2016 there had already been double the amount of bankrupt energy debt than in all…

Where Will Halliburton And Baker Hughes Go From Here?

May 12, 2016 at 12:36

Now that the merger between Halliburton (HAL) and Baker Hughes (BHI) is officially dead, it’s time for shareholders to begin thinking about what comes next for…

EPA Launches New Methane Rules For Oil And Gas

May 12, 2016 at 12:18

On Thursday, the U.S. EPA is set to unveil the final regulations on methane emissions from oil and gas wells, the first of its kind. The rules were initially…

Oil Prices Slip As Stronger Dollar Outweighs Bullish IEA Data

May 12, 2016 at 11:45

One hundred and sixty-nine years after William Clayton invented the odometer, and the oil market is trying to continue its journey higher. Despite a bullish-tilted monthly…

OPEC Is Dead, What’s Next?

May 11, 2016 at 16:04

OPEC is dead, Rosneft’s head Igor Sechin has told Reuters. In a fine example of stating the obvious – at least to those who have…

Kuwait Plans To Ramp Up Oil Production By 44% Before 2020

May 11, 2016 at 16:01

A senior Kuwait Petroleum Corp official has confirmed to media the company’s plans to increase production by 44 percent to almost 4 million barrels a…

The Real Beneficiaries Of The U.S. Export Ban

May 11, 2016 at 15:56

Several months on from the lifting of the U.S. oil export ban, it’s becoming clear that one unexpected group had benefited considerably from the restriction –…

Could A “Brexit” Enhance British Energy Security?

May 11, 2016 at 15:53

The UK is only a few weeks away from a June 23 referendum that will decide whether or not it exits the European Union. British leaders…

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