Article Archive | Page 1410

Jan 02, 2015 at 16:30

As we ring in the New Year, let’s take stock of where we are at with the oil markets. 2014 proved to be a momentous one for the oil markets,…

Jan 02, 2015 at 16:17

Kiev’s payment of $150 million to the Russia’s government-owned gas monopoly Gazprom will keep supplies flowing into Ukraine for at least the first quarter of 2015. Gazprom said Dec. 31…

Jan 02, 2015 at 16:09

One year ago today, the world mulled over the global ramifications of Turkish anti-government protests, Chinese escalation in the East China Sea, and…

Jan 02, 2015 at 15:49

2014 was, on the surface, a good year for those of an environmentally conscious bent. Under pressure from developed nations, two large emerging economies, India and China, both made some…

Jan 02, 2015 at 15:47

Oil prices continue to defy logic. Having dipped below $60 per barrel in the final week of 2014, a lot of investors have lost their shirts. At the same time,…

Jan 02, 2015 at 15:40

Global Incident Report • Fires last week at three of five Libyan oil-storage tanks at the country’s largest oil port, Es Sider, have been extinguished. The tanks had a total…

Jan 02, 2015 at 15:38

Crude Oil Outlook Nearby crude oil prices are poised to finish the year near their lowest levels since May 2009. Although there was bottoming action at the start of the…

Jan 02, 2015 at 13:42

The New Year is upon us but oil prices are carrying on the trend from the second half of 2014 and continuing to drop, with the thirteenth negative week…

Dec 31, 2014 at 13:01

Crude oil is set to close out a shocking year with a fresh five-year price low in the final days of 2014, falling more than 50 percent from their June…

Dec 31, 2014 at 12:42

Since about 2001, several sectors of the economy have become increasingly inefficient, in the sense that it takes more resources to produce a given output, such as 1000 barrels of…

Dec 31, 2014 at 12:19

The number of drilling rigs in the United States fell for the third consecutive week in December, indicating that lower prices and therefore lower profits are causing producers to cut…

Dec 31, 2014 at 11:14

"If you repeat a falsehood long enough, it will eventually be accepted as fact." In the financial markets and economics it is a common occurrence that the media and commentators…

Dec 31, 2014 at 10:43

Washington has expanded opportunities for US oil producers to export lightly processed crude, known as condensate, despite a ban that’s nearly 40 years old. The US Commerce Department’s Bureau of…

Dec 31, 2014 at 10:36

Many people, including more than a few prominent politicians, accept that global warming must be limited to no more than two degrees C above the pre-industrial mean, or a little…

Dec 30, 2014 at 13:20

Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and…

Dec 30, 2014 at 13:08

The federal government is about to issue landmark regulations aimed at slashing methane emissions from oil and gas operations. The Environmental Protection Agency’s regulations could come along with several…

Dec 30, 2014 at 12:51

The coming year is likely to be as full of surprises in the field of energy as 2014 was. We just don't know which surprises! I am not predicting that…

Dec 30, 2014 at 12:42

Russia’s proposed South Stream pipeline may have been canceled, but it evidently is worth something to the country’s gas monopoly, Gazprom, which has agreed to buy out its European partners…

Dec 29, 2014 at 16:36

Violence in a major oil producing country may finally halt the oil price slide. Analysts have speculated whether the slump in oil prices would be reversed by an uptick in…

Dec 29, 2014 at 16:25

The nearly 50 percent plunge in the price of oil during the past six months is expected to leave oil-rich Saudi Arabia with its first budget deficit since 2011 and…