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Article Archive | Page 1280

Is Raymond James’ $80 Oil Realistic?

Jun 30, 2016 at 16:13

Crude oil prices have stabilised near the $50 per barrel mark, leaving traders confused as to whether the next 20 percent move from the current levels…

Is Nigeria About To Drive Oil Prices Down

Jun 30, 2016 at 16:05

Recent disruptions in Nigeria’s oil production has been a major factor behind the latest rally in crude oil prices, but changes in the domestic political climate…

Shilling's $10 Oil Prediction Is Not Completely Ridiculous

Jun 30, 2016 at 15:55

Few expected oil prices to crash below $30 per barrel earlier this year, but that is just what they did. Now that oil is back up near $50…

The US Drives Forward To Become A Player On The World LNG Market

Jun 30, 2016 at 15:11

The U.S. Gulf coast is positioning itself to soon have a hub of LNG export capability that will rival any country except for Qatar and Australia. After

Oil Outages Come Back Online, Cause Large Downside Risk

Jun 30, 2016 at 14:53

A month ago fires raged in Alberta, militants attacked oil fields in the Niger Delta, U.S. shale production was plummeting – and oil prices were capping off a…

Strong Dollar Sends Oil Back Down

Jun 30, 2016 at 14:39

After a couple of days of rampant rallying, crude is heading lower once more amid a stronger dollar (read: a pound walloping). Hark, here are five things to…

Zombie Stocks Brought Back To Life By Lithium Boom

Jun 30, 2016 at 11:31

As capital for resource companies dried up in recent years, TSX-Venture listed stocks ran out of cash and simply stopped creating value for shareholders. These illiquid companies became…

ExxonMobil Backs Carbon Tax For Climate Change

Jun 30, 2016 at 11:12

ExxonMobil is one of the top targets of environmental activists, pursued because of its alleged misinformation campaign on climate change over the past few decades. It may come…

The End Of Mining In The Philippines?

Jun 30, 2016 at 10:17

It is incredible that the ongoing events of the past week in the Philippines mining sector aren’t getting much press. Given that the entire future of the industry…

OPEC Needs 650,000 bpd To Avoid Global Supply Deficit

Jun 29, 2016 at 15:47

Oil prices rose again on Wednesday, as fears over the fallout from the Brexit continued to abate. But some potential supply outages also added positive momentum to crude…

World’s Helium Problem May Have Just Gotten Solved

Jun 29, 2016 at 15:40

There’s a global helium shortage. It’s not among the widely publicized problems of the world, but there is undoubtedly a helium deficit – the noble gas that most…

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…

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