Article Archive | Page 1415

Dec 12, 2014 at 13:56

One steady reader of mine has questioned my recent analysis: While being positive on oil up until the break below $82, I’ve now become one of the most negative in…

Dec 12, 2014 at 13:53

Attempting to pick the bottom of oil’s move down has so far proven to be an expensive game for energy investors. The $60 WTI level that we are rapidly approaching…

Dec 12, 2014 at 13:50

Introduction As 2014 draws to a close, the oil markets are in free fall, leaving energy investors with few good options. Oil prices are now at five-year lows with no…

Dec 12, 2014 at 13:35

Politics, Geopolitics & Conflict Somalia has invited Soma Oil and Gas, ExxonMobil, Royal Dutch Shell, BP and Chevron to explore oil and gas resources in the country. Soma Oil and…

Dec 12, 2014 at 13:34

Crude Oil Outlook Support for crude oil futures continued to erode last week after the release…

Dec 11, 2014 at 16:34

In the green corner we have the US shale producers. In the red corner we have the oil exporting countries of OPEC. Assuming the fight is fought to a conclusion,…

Dec 11, 2014 at 16:03

Oil prices continue to slide in mid-December, slumping towards another key threshold of $60 per barrel. Oil prices hit a five-year low on December 10. While many major oil…

Dec 11, 2014 at 15:53

Last week’s oil agreement between Baghdad and the Kurdistan Regional Government (KRG) was a milestone event and the market reaction was largely fitting – Brent crude futures dropped nearly…

Dec 11, 2014 at 15:03

OPEC just published its December Monthly Oil Market Report with their crude only production numbers for November. Total OPEC…

Dec 10, 2014 at 17:51

As fracking scrutiny snowballs with California’s stringent new regulations set to take effect in July and a successful anti-fracking referendum earlier this month in Denton, Texas, industry is…

Dec 10, 2014 at 15:13

Wine and gas tend not to mix. In upstate New York, a midstream oil and gas company is running into stiff local opposition for its plans to build natural gas…

Dec 10, 2014 at 15:02

This week, the world's leaders are gathering in Lima, Peru for the UN Framework Convention on Climate Change, where they hope to put together a plan for cutting global emissions…

Dec 10, 2014 at 14:46

The EIA has recently published their International Energy Statistics. Their stats include all liquids such as NGLs, biofuels and even refinery process gain. But I only track actual oil.…

Dec 10, 2014 at 14:14

When OPEC, the Organization of Petroleum Exporting Countries, imposed an oil embargo on the West for its support of Israel in the October 1973 Arab-Israeli war, the French came out…

Dec 10, 2014 at 10:31

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s…

Dec 09, 2014 at 17:27

The Shale Revolution may not really end up being a revolution after all. A new study in Nature finds that the estimates for shale gas production could be vastly overblown,…

Dec 09, 2014 at 17:21

Four years later, it is clear BP gravely miscalculated the magnitude of their mistake. On Monday, the United States Supreme Court rejected BP’s settlement appeal regarding 2010’s Deepwater Horizon…

Dec 09, 2014 at 17:11

The EIA publishes Annually a list of World Proved Reserves of Crude Oil. Though all charts in this post use the EIA data, BP, the IEA and virtually every…

Dec 09, 2014 at 16:58

OPEC has declared war on American oil production with the intention of making the country more dependent on imported oil and on oil in general. By refusing to cut…

Dec 09, 2014 at 16:52

The “Putinian Pax Energetica”—Russia’s strategic use of energy exports and pipeline politics to influence countries in its neighborhood—is faltering, and Italy now appears to be taking countermeasures to deal with…