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Article Archive | Page 1417

Global Energy Advisory – 26th December 2014

Dec 26, 2014 at 13:59

Oil & Gas Venues 2015: The Good, Bad & Very Ugly As 2014 draws to a close and North American oil and gas producers are in trouble over falling oil…

Building The Case For A Short-Term Bottom

Dec 26, 2014 at 13:52

Crude Oil Outlook February Crude Oil futures have been drifting sideways since reaching a new contract…

Saudi Arabia Ready For $20, $30, $40 Oil

Dec 24, 2014 at 11:02

Brent crude and West Texas Intermediate (WTI) fell 2 and 3.3 percent respectively to start the week and Saudi Arabia is prepared to go much lower in a bid to…

Drilling Cutbacks Mean Service Companies Forced to Scrap Rigs

Dec 24, 2014 at 10:54

Despite the decline in oil prices, the U.S. is expected to boost production by 300,000 barrels per day in 2015, up to a yearly average of about 9.3 million barrels…

Egypt And The Double-Edged Sword Of Cheap Oil

Dec 24, 2014 at 10:47

The good news for Egypt: Inexpensive oil means the government needs to spend less on its fuel subsidies for its energy-hungry population of 86 million people, the third largest…

Huge Development In Leviathan Gas Field Story

Dec 24, 2014 at 10:40

In a U-turn, the antitrust commissioner in Israel says he’ll recommend the breakup of a partnership between Noble Energy of the United States and the local company Delek Group, which…

Chart Of The Day: Natural Gas Suggests $33 Oil

Dec 24, 2014 at 10:24

In the last couple of months, the sharp reversion in oil prices has certainly caught the world’s attention. While the majority of economists and analysts continue to expect incorrectly that…

Did The Saudis And The US Collude In Dropping Oil Prices?

Dec 23, 2014 at 17:40

The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia,…

Low Oil Prices Pushing Venezuela Towards Default

Dec 23, 2014 at 17:31

Low oil prices are putting major oil producers in a squeeze. The Russian central bank has been forced to cough up foreign exchange in order to defend itself from a…

The Positive Side Of Low Oil Prices

Dec 23, 2014 at 17:23

In a year of plummeting oil prices and the dismay it brings to producers and traders, two senior economists at the International Monetary Fund (IMF) haven’t taken their eyes off…

Latest Numbers Reveal The Bakken Is Close To Peaking

Dec 23, 2014 at 17:18

It is has now been confirmed. The first measured 24 hour production from Bakken wells is a very good predictor of the future production of that well. And it has…

If Shell Backs Out, Arctic Oil Off the Table for Years

Dec 22, 2014 at 16:12

The next several months may be pivotal for the future of oil development in the Arctic. While Russia has proceeded with oil drilling in its Arctic territory, the U.S. has…

How Broken Are The Energy Markets?

Dec 22, 2014 at 16:00

A few commenters have mentioned peak oil recently. I am cautious about making forecasts and predictions and prefer instead to observe and document the data as the peak oil story…

OPEC Ministers Decry Price War Conspiracy Theories

Dec 22, 2014 at 15:49

For three weeks, OPEC’s richest and most influential countries were silent about the cartel’s decision on Nov. 27 to maintain production levels at a relatively high rate despite the oil…

Do Falling Oil Prices Raise The Threat Of Deflation?

Dec 22, 2014 at 15:19

The spectacular drop in oil prices means that inflation is going to fall even further below the Fed’s 2% target. Does that raise any new risks for the economy? I…

British Oil Industry On The Verge Of “Collapse”

Dec 19, 2014 at 17:19

The United Kingdom’s oil industry is taking a beating from low oil prices, so much so that it is “close to collapse.” That comes from the head of the Association…

Putin: Battered, Bruised But Not Broken

Dec 19, 2014 at 17:08

In what was perhaps the most anticipated edition of his annual press conference yet, Russian president Vladimir Putin certainly delivered. His increasingly colloquial speech brought several quotable moments…

OPEC Calls For Widespread Production Cuts

Dec 19, 2014 at 16:59

The oil ministers of two powerful OPEC members, Saudi Arabia and the United Arab Emirates, say they had no choice but to avoid cutting production to shore up oil prices…

Russia-Turkey Axis Could Ruin EU Pipeline Plans

Dec 19, 2014 at 16:54

As 2014 draws to a close, energy developments in the Eurasian region have been gaining new prominence. Notably, on December 1, Russian President Vladimir Putin paid a state visit to…

Texas Railroad Commission October Oil & Gas Report

Dec 19, 2014 at 16:42

The Texas Railroad Commission has updated their Oil & Gas Production Data Query to include the production numbers for October. The Texas data is always incomplete so the charts…

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