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  • 21 hours Oil at $40
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Article Archive | Page 8

The Next Geopolitical Flashpoint For Oil

The Next Geopolitical Flashpoint For Oil

Apr 11, 2019 at 16:01

The removal of long-time Sudanese dictator Omar Bashir by the Sudanese army has been hailed by some as a sign of a new “Arab Spring”. From a Western…

Big Oil Scrambles To Cut Tesla’s Lifeline

Big Oil Scrambles To Cut Tesla’s Lifeline

Apr 11, 2019 at 15:40

The oil industry hates electric cars for good reasons. Intelligent executives in the industry (of which there seem few) see electric vehicles (EVs) as a death threat to their business.…

Investors Return To Plowing Money Into Commodities

Investors Return To Plowing Money Into Commodities

Apr 11, 2019 at 14:05

Commodities are hot once again after disastrous performance at the end of 2018, when energy prices collapsed and the escalating U.S.-China trade war spooked investors.    At the start of…

Moody’s: Ultra Low Permian Gas Prices Weigh On Oil Company Earnings

Moody’s: Ultra Low Permian Gas Prices Weigh On Oil Company Earnings

Apr 11, 2019 at 13:04

The very low natural gas prices in the Permian are dragging down exploration and production (E&P) investment returns in the most prolific U.S. shale oil basin, Moody’s Investors Service said…

President Of African Oil Producer Sudan Toppled In Military Coup

President Of African Oil Producer Sudan Toppled In Military Coup

Apr 11, 2019 at 10:49

Omar al-Bashir, long-term President of Sudan, was toppled from power by the military on Thursday and placed under “heavy guard”, following months of protests against the government and its…

BP Pulls Out Of China’s Shale Patch

BP Pulls Out Of China’s Shale Patch

Apr 11, 2019 at 10:38

BP is set to become the latest international major to quit drilling for shale gas in China because of poor exploration drilling results so far, Reuters reported on Thursday,…

IEA: Saudi Oil Production Falls To Two-Year Low

IEA: Saudi Oil Production Falls To Two-Year Low

Apr 11, 2019 at 09:22

Saudi Arabia’s crude oil production slumped to the lowest in two years as the Kingdom doubled down on efforts to boost prices, the International Energy Agency said in the new…

Goldman: Oil Prices Won’t Reach $80

Goldman: Oil Prices Won’t Reach $80

Apr 10, 2019 at 17:02

Oil prices soared in recent days, with Brent rising to its highest point since early November. The tightness in the market is real, but prices may not increase a whole…

Shale Jobs In Jeopardy Despite Oil Price Rally

Shale Jobs In Jeopardy Despite Oil Price Rally

Apr 10, 2019 at 16:32

Oil prices are climbing to new heights, but many shale companies are not exactly riding high. U.S. shale drillers have run into a series of problems that have resulted…

Why Amazon Is Suddenly Courting Big Oil

Why Amazon Is Suddenly Courting Big Oil

Apr 10, 2019 at 16:06

For years, Big Tech has been a vocal advocate of powering their data centers with renewable energy, while the multi-billionaire founders of companies like Amazon, Microsoft, and Facebook have

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