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Article Archive | Page 726

This Is How America Will Get Out Of Iraq

Jan 31, 2020 at 10:59

What we’re most likely to see as anti-US and anti-Iranian protests continue to consume Iraq is a compromise that allows U.S. influence to remain under the guise of…

U.S. Rig Count Drops As Oil Price Slide Accelerates

Jan 31, 2020 at 12:15

After another week of faltering oil prices as the coronavirus outbreak continues to spook the market, Baker Hughes reported that the number of oil and gas rigs in the US…

Oil Prices See Biggest January Loss In 30 Years

Jan 31, 2020 at 09:51

Crude oil prices slid a painful 15% in January—the biggest January slide since 1991—as the coronavirus claims the death of 213 souls and counting.

Exxon’s Earnings Slump On Poor Petrochemical, Refining Results

Jan 31, 2020 at 09:27

ExxonMobil (NYSE: XOM) reported on Friday fourth-quarter earnings down from a year earlier, as lower natural gas prices and weak chemical and refining margins were not enough to offset…

Why 2020 Could Be A Record Year For Oil Trading Giants

Jan 30, 2020 at 17:15

Retail investors with long positions in crude oil markets had little to cheer about in 2019 as the market failed to maintain the early-year rally as pipeline outages, geopolitical tensions…

US-China Oil Deal Dictated By A Market That Hates It

Jan 30, 2020 at 16:53

The ‘big beautiful monster’ Phase One trade deal between the United States and China may end up being truly beautiful for U.S. exports on paper only—at least as far…

Shell’s Slide Is A Major Red Flag For Oil Markets

Jan 30, 2020 at 16:38

Royal Dutch Shell reported a steep drop in earnings in the fourth quarter, and the financial squeeze may slow the pace of share buybacks and force more asset sales.…

Can Seawater Batteries Replace Lithium?

Jan 30, 2020 at 13:58

Lithium and cobalt: the two components of a rechargeable battery that have spurred a research and development rush may eventually meet their match in the future, in a simple element…

The Secret Behind Rolls Royce’s E-Plane

Jan 30, 2020 at 12:45

When Rolls Royce in December unveiled its new electric plane, it said it would be the fastest electric aircraft, capable of achieving a top speed of…

Tesla Shares Race, But How Long Will The Rally Last?

Jan 30, 2020 at 12:17

Shares in Tesla (NASDAQ: TSLA) soared on Wednesday and Thursday to a new all-time high of nearly $650, after the electric vehicle (EV) maker posted another quarterly profit that…

Oil Teetering On The Brink Of Bear Market On Coronavirus Fears

Jan 30, 2020 at 11:30

After a brief reprieve earlier this week, oil prices tumbled again on Thursday, approaching a bear market, as fears spread that the coronavirus outbreak in China would depress oil demand,…

Iran Claims It’s “Able To Enrich Uranium At Any Percentage”

Jan 30, 2020 at 11:08

Iran's Deputy Atomic Energy Organization Director Ali Asghar Zarean made a key, provocative announcement on Saturday, saying the Islamic Republic has now passed the low uranium enrichment threshold for a…

Shell’s Profit Tumbles As Weak Prices Weigh On Oil Majors

Jan 30, 2020 at 10:30

The first of Big Oil corporations reported Q4 and full-year 2019 results on Thursday, and the financials Royal Dutch Shell (NYSE:RDS.A) released doesn’t bode well for the rest of…

U.S. To Become Net Oil Exporter This Year: EIA

Jan 30, 2020 at 09:28

The United States will become a net oil and oil product exporter this year thanks to continued growth in production combined with slacker domestic demand, the Energy…

US Oil Exports Could Explode After Once In A Lifetime Power Shift In China

Jan 29, 2020 at 17:28

The consensus of opinion is that China’s commitment to buy an additional US$52.4 billion in U.S. energy products in 2020/21 as part of the Phase 1 trade deal between the…

Tesla's Stock Price Soars After Crushing Expectations

Jan 29, 2020 at 17:24

With Tesla stock nearly tripling in the past four months and closing at an all time high of $581 on Wednesday...

Exxon Stock Hits Decade Low Ahead Of Earnings

Jan 29, 2020 at 16:36

Ahead of ExxonMobil’s fourth quarter earnings report, the oil major’s share price dropped to its lowest level in 10 years. Former CEO Rex Tillerson presided over a period of high…

The Energy Market's Most Important ETFs

Jan 29, 2020 at 14:17

An ETF explosion has taken over the financial market as exchange-traded funds enjoy the lion’s share of investment dollars globally--even as investors continue flocking to passive funds and shunning actively…

Is This The End Of Canada’s Oil Sands?

Jan 29, 2020 at 14:11

Another billion-dollar energy project is polarizing Canada once again, but this time, it’s got nothing to do with pipelines, or even LNG terminals. It’s the Frontier oil sands…

Could Oil Prices Fall Below $50?

Jan 29, 2020 at 12:54

One of my energy sector predictions for this year was that oil prices would not drop below $50 a barrel. This may turn out to be the fastest falsified prediction…

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