Article Archive | Page 721

Feb 27, 2020 at 12:44

As the US stock market continues to sink deeper into bear territory, stocks that are directly involved in or connected to alternative energy have remained more resilient than most, and…

Feb 27, 2020 at 11:16

Russia continues to refuse to announce its position regarding deeper cuts by the OPEC+ coalition, but admitted that the coronavirus outbreak could lead to additional downward revisions to the global…

Feb 27, 2020 at 10:07

As China’s coronavirus epidemic continues to expand and more countries are affected, the slowdown in global oil and gas consumption this year will hit suppliers who will…

Feb 27, 2020 at 09:30

Oil product demand in Asia will grow by about 380,000 bpd this year, S&P Global Platts Analytics said this week. This is the lowest demand growth rate since 2009,…

Feb 27, 2020 at 08:46

Oil prices continued plunging for a fifth consecutive trading session, dipping by more than 4 percent early on Thursday as the market fears a coronavirus pandemic that could destroy more…

Feb 26, 2020 at 16:51

Oil prices could bounce around between $50 and $70 through 2025, with both demand growth and supply growth slowing, according to a new report. The oil market faces a steep…

Feb 26, 2020 at 14:53

The oil-rich Middle East is boosting investments in renewable energy generation at home and abroad.   Just a few years ago, this notion would have raised a few eyebrows. But…

Feb 26, 2020 at 14:47

Slumping Asian oil demand amid the coronavirus outbreak has led to a sharp drop in Middle Eastern and Asian regional crude prices, while prices for rival U.S. WTI Midland grade…

Feb 26, 2020 at 13:45

The global oil and gas market was once dominated by a select group of Western energy companies called “The Seven Sisters”. The unparalleled influence of these International Oil Companies…

Feb 26, 2020 at 13:02

A total of 14 Saudi companies in the energy sector booked hefty losses last year, Middle East Monitor reported on Wednesday, quoting analysts who had spoken to local media.…

Feb 26, 2020 at 11:33

It wasn't supposed to be this way. The fall of the Berlin Wall was to bring about one, integrated world market where goods and services freely traversed borders without the…

Feb 26, 2020 at 10:57

The crazy rate of production growth seen in US shale over the last five years is a thing of the past, Schlumberger CEO Olivier Le Peuch told Reuters on…

Feb 26, 2020 at 09:39

Crude oil prices inched higher on Wednesday morning after the Energy Information Administration reported an inventory build of 500,000 barrels for the week to February 21. Gasoline stockpiles, however,…

Feb 26, 2020 at 09:16

Oil prices tumbled for a fourth consecutive day early on Wednesday, as the coronavirus continues to claim lives in Italy and spreads to the Middle East, while U.S. health officials…

Feb 25, 2020 at 17:34

The U.S. shale industry continues to show signs of slowing down, with production declining in major shale basins outside of the Permian. Financing stress has plagued the shale sector for…

Feb 25, 2020 at 16:58

The entire oil and gas industry and its investors are seriously reassessing the value of their beloved fossil fuels in the context of a major energy transition. But don’t be…

Feb 25, 2020 at 16:48

You know that the oil markets have truly gone to the dogs when they are suddenly riskier than one of the world’s most volatile commodities: bitcoin.   Bitcoin and most cryptocurrencies…

Feb 25, 2020 at 14:12

China’s fuel exports are booming amid battered domestic demand due to the coronavirus outbreak, analysts and trade sources tell Reuters as higher Chinese exports flood the Asian market, which…

Feb 25, 2020 at 13:58

There’s a new trend in solar energy projects, and it seems to be the staunch belief that bigger is better. As the pressure mounts around the world to decarbonize the…

Feb 25, 2020 at 13:31

If you haven't received our latest Global Energy Alert report, I strongly recommend you sign up today and get access to the entire collection of trading analysis,…