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Article Archive | Page 691

Could Brent Crude Oil Prices Ever Fall Into Negative Territory?

Apr 27, 2020 at 06:35

The oil market is in freefall. The sector collapsed into pandemonium this week when the West Texas Intermediate (WTI) oil price benchmark fell below zero for this first…

Big Oil’s Dilemma: Cut Dividends Or Cut Operations

Apr 24, 2020 at 17:52

The oil majors are facing a financial vice like they never have before.  With oil prices hovering around $20 per barrel and no end in sight…

Could Low Oil Prices Spark A New War In The Middle East?

Apr 24, 2020 at 17:46

It may seem that the worst-case scenario has already come to pass, as United States crude prices plunged far below zero on Monday, with the West Texas Intermediate…

Low Oil Prices Won’t Hurt Tesla

Apr 24, 2020 at 17:25

Many times in the past, Tesla Inc. (NASDAQ:TSLA) has been labeled a 'cult stock' due to its vast investor interest despite the company's somewhat questionable or weak fundamentals.…

Is This The Most Innovative Power Company In The World?

Apr 24, 2020 at 17:18

We came to the conclusion that the future is a separate line of business when perusing the graphically flashy 2019 annual report issued by Enel S.p.A. the Rome-based…

Why The Oil Industry Can No Longer Rely On China

Apr 24, 2020 at 17:10

The global oil sector is reeling from a combination of negative oil prices, storage overload, demand destruction, and calls for a renewable energy revolution in the post-COVID-19 era.…

5 Reasons Why Mexico’s Oil Industry Is Destined For Disaster

Apr 24, 2020 at 17:07

Mexico has somewhat inadvertently found itself at the heart of the oil industry’s most burning issues of 2020 – just when it seemed that Russia, Saudi Arabia, the…

Iran Reaches Production Milestone At World’s Largest Gas Field

Apr 24, 2020 at 17:03

Reaching natural gas production of one billion cubic metres per day (Bcm/d) has been one of the three core hydrocarbons resource strategies of Iran since the Islamic Republic…

The Shale Suffering Has Only Just Begun

Apr 24, 2020 at 16:58

A few weeks before the summer driving season begins, U.S. gasoline consumption has plummeted to levels last seen in the late 1960s, due to the lockdowns to contain…

The Future Of Fuels In Power Generation

Apr 24, 2020 at 16:51

Presently, one-sixth of our electric bill goes to pay for fossil fuels to generate electricity. When fuel prices were higher the percentage was even bigger. Despite all the…

$110 Trillion Renewables Stimulus Package Could Create 50 Million Jobs

Apr 24, 2020 at 15:47

As the world continues to grapple with the worst global pandemic in living memory, economists everywhere are warning that we are witnessing the unraveling of something far grimmer than the…

This Oil Price Rebound Is Only Temporary

Apr 24, 2020 at 12:55

The worst week in oil market history is finally coming to an end, but some analysts are suggesting there may be more pain in store as crude storage cross the…

Goldman Sachs Expects Another Oil Price Crash

Apr 24, 2020 at 12:52

While it may be tempting to argue that the worst is behind us for oil price given the historic collapse in WTI which crashed to negative $40 on Monday as…

Rig Count Collapse Continues Despite Jump In Oil Prices

Apr 24, 2020 at 12:25

Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 64, falling to 465, with the total oil and…

This Oil Rally Won’t Last

Apr 24, 2020 at 12:03

Barring any steep jump the rest of the session on Friday, prices are heading for their eighth weekly loss in the last nine, one of the most volatile weeks in…

The Oil & Gas Consequences Of COVID-19

Apr 24, 2020 at 12:02

COVID Market Update - Continental Resources - the largest producer in the Bakken - has shut in production, sounding alarms across the entire U.S. shale patch. It has also notified…

The Death Of Oil Dividends

Apr 24, 2020 at 12:02

1. Big Oil dividends at risk- The collapse of oil prices puts dividends at risk.…

A Perfect Trade In A Very Volatile Oil Market

Apr 24, 2020 at 11:58

This week’s chaos in the energy markets, with an expiring WTI futures contract hitting the previously unthinkable level of negative $40 a barrel, has left many people who follow, trade,…

A Trump Tweet To Ignore

Apr 24, 2020 at 11:56

Beware the Tweet. It will prop up oil prices temporarily by alluding to imminent disaster in the Middle East, where disaster is and always has been imminent. But it has…

“Complete and Utter Disaster” Nigeria Could See Oil Production Plunge

Apr 24, 2020 at 11:15

Nigeria’s independent oil producers are being crushed by the oil price crash, with current prices more than two times lower than the costs of local independents' production.  These small independent…

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