Article Archive | Page 1413

Jan 06, 2015 at 17:13

If 2015 is anything like 2014 we can expect a wild ride. Oil price volatility – including its downward trend – will linger well into the first and second quarters…

Jan 06, 2015 at 16:56

The mercury is dropping in much of the United States, but a repeat of 2014 natural gas price spikes is likely not in the cards. The harsh winter in January…

Jan 06, 2015 at 16:44

Canada’s economy, lately driven in large part by oil, is a classic example of the old see-saw axiom: Downward pressure in one place creates upward pressure in another. In this…

Jan 06, 2015 at 16:38

Geopolitics of oil: Saudi oil Minister Ali al-Naimi gloomy about the impact of collapsing oil prices (top);…

Jan 05, 2015 at 16:38

It appears that crude oil prices are starting to stabilize. At least they’ve started to decline slower. Most of the “experts” who send me their price forecasts have the low…

Jan 05, 2015 at 16:22

The share prices of oil companies were thrashed on January 5 as the ongoing slide in oil prices prompted another round of forecast revisions. WTI dropped below $50 per…

Jan 05, 2015 at 16:16

Iran appears to be shifting its attention from low-priced oil to gas, gearing up to increase production to 100 million cubic meters of gas per day at its South Pars…

Jan 05, 2015 at 16:10

The most attention-grabbing attempts to predict oil futures have come from geologists and environmental activists, who tend to look solely at production. An overlooked doctoral thesis by Christophe McGlade,

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…