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Article Archive | Page 2

Oil Companies Forced To Renegotiate Deals Or Risk Losing It All

May 22, 2020 at 17:08

On April 20, the West Texas Intermediate crude benchmark did not just fall below zero, it plummeted to negative $37.63 a barrel

Driving Season Won’t Save Gas Demand

May 22, 2020 at 16:52

Memorial Day weekend, the typical start of the summer driving season in the United States, will offer some clues about gasoline demand and driving behavior after lockdowns were…

Natural Gas Prices In Europe Could Be Heading Into Negative Territory

May 22, 2020 at 16:49

The next negative prices in energy contracts could soon be seen in European natural gas prices as lockdowns batter demand while storage capacity for the commodity is running…

Which Oil Major Is Best Prepared For The Future?

May 22, 2020 at 16:47

European oil supermajors are slashing costs but sparing their renewable energy business. U.S. giants are cutting across the board and focusing on their…

Europe’s Last Dictatorship On Collision Course With Russia

May 22, 2020 at 16:48

As much as Russia’s dealings with its neighbors are predominantly perceived as an exercise in brandishing the good old “energy weapon”, Moscow has been having a hard time…

Midstream Companies Slash Capex By 50% After Oil Crash

May 22, 2020 at 16:48

With the collapse in oil demand, oil producers and refiners have come under intense financial pressure. Not far behind are the integrated supermajors like ExxonMobil and Chevron. These…

Bitcoin’s Shocking Energy Consumption

May 22, 2020 at 16:44

When it comes to thinking about which economic sectors and industry niches that consume the most energy, cryptocurrencies may not immediately come to mind. But for some of these crypto…

Oil & Gas Decommissioning To Total $42 Billion Through 2024

May 22, 2020 at 16:42

Energy companies have been slashing exploration and production budgets since the Covid-19 pandemic took hold and sent oil prices tumbling, but, with few profitable investment alternatives, operators are…

Is The Oil Rally Coming To An End?

May 22, 2020 at 13:26

Oil prices are continuously rising despite the uncertainty surrounding COVID-19, with WTI nearing a two-month high on Friday morningFor further research, analysis and trade recommendations, make sure you…

Oil Rally Stalls On Demand Concerns

May 22, 2020 at 12:28

July West Texas Intermediate crude oil futures are under pressure on Friday, but still in a position to finish higher for the week. This week’s rally has been fueled by…

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