Article Archive | Page 1414

Jan 16, 2015 at 12:54

Deals, Mergers & Acquisitions • Mexico's state-run Pemex is in talks with the US Commerce Department to import 100,000 barrels per day of light crude to raise Mexico's gasoline production…

Jan 16, 2015 at 12:49

With U.S. production levels remaining steady and OPEC not showing any signs of letting up on its current daily production output, investors may have to turn to technical analysis to…

Jan 15, 2015 at 16:55

2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A…

Jan 15, 2015 at 16:47

The recent collapse in oil prices has taken pundits and oil producers by surprise. It was only six months ago that prices were over $100/bbl and at that time they…

Jan 15, 2015 at 16:38

As oil companies around the world scramble to slash capital expenditures amid falling oil prices, Brazil’s major oil company is being assaulted on multiple fronts. Already the most-indebted and least…

Jan 15, 2015 at 16:28

President Obama is correct when he says there are few US jobs created by Keystone XL and that it provides little energy security or economic benefit for the US which…

Jan 15, 2015 at 16:19

A few days before the New Year, the Parliament of Ukraine was quite busy, trying to adopt the Budget and Tax Reform package initiated by the Government. Among other measures,…

Jan 15, 2015 at 15:55

In this article, I explain why falling oil prices didn't affect Tesla or EV sales last year and why, up to a point, they are not likely to do so…

Jan 14, 2015 at 15:35

On Monday the Keystone XL pipeline project crossed another hurdle when legislation approving construction of the proposed line to connect Canadian oil sands crude with Gulf Coast refineries was passed…

Jan 14, 2015 at 15:24

The spread between two key oil benchmarks vanished for the first time in over a year and a half. On January 13, WTI briefly traded higher than Brent crude,…

Jan 14, 2015 at 15:14

The EIA has just released their Short-Term Energy Outlook for January. They have now included their predictions for 2016. Here is what they expect for US C+C. I have…

Jan 14, 2015 at 14:58

Removing consumer fuel subsidies amid collapsing oil prices could prove wrong-way bet for many nations.Oil prices worldwide are collapsing on an unprecedented scale, most recently below $50 per…

Jan 14, 2015 at 14:19

U.S. airstrikes launched on August 23 signaled the start of Operation Inherent Resolve. This is intended to eliminate the Islamic State terrorist group and the threat it poses to Iraq,…

Jan 13, 2015 at 16:55

The longer I look at what is going on today with oil prices the less it makes sense to me. I know there are a lot of experts who blame…

Jan 13, 2015 at 16:39

Lost amid all the media buzz over the push in the new U.S. Congress to approve the Keystone XL pipeline are the seeds of a major energy policy overhaul. Attached…

Jan 13, 2015 at 16:31

This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue…

Jan 13, 2015 at 16:18

Suhail Mohamed Faraj al-Mazrouei, the oil minister for the United Arab Emirates, says it isn’t OPEC’s responsibility to cut oil production to prop up prices. Instead, he said, the non-OPEC…

Jan 13, 2015 at 16:02

The price of oil passed another milestone last week, falling below $50 a barrel, a level that I had not expected to see again in my lifetime.

Jan 12, 2015 at 16:27

The oil industry has experienced boom and busts before, but the depths to which oil prices have plunged have surprised everyone. Could the bust now persist much longer than many…

Jan 12, 2015 at 15:52

As the world’s number one energy consumer China is enjoying the low prices while they last. Never one to settle however, China is finding still more ways to take advantage…