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Article Archive | Page 836

Oil Set For Worst Monthly Drop Since November

May 31, 2019 at 07:58

After finishing at a three-month low on Thursday, oil prices continued to slide on Friday morning and are on course to end the month of May with the largest monthly…

Why Trump Won't Use His Ultimate Oil Weapon

May 30, 2019 at 15:50

Last year, ahead of the return of U.S. sanctions against Iran, there was speculation that Washington could use crude oil from the U.S. Strategic Petroleum Reserve to cushion the blow…

Why Oil Majors Are Going All-In On U.S. Shale

May 30, 2019 at 15:35

Chevron sold off much of its assets in the North Sea, no longer viewing the region as a high priority. Ithaca Energy, backed by Israel-based Delek, agreed to buy Chevron…

Can Canada Become Energy Independent By 2030?

May 30, 2019 at 15:23

Andrew Scheer—leader of Canada’s Conservatives who are currently in opposition but leading Liberals in the polls ahead of the October federal elections—has recently outlined his vision for Canada that…

Renewables Are Set To Outprice Oil & Gas By 2020

May 30, 2019 at 13:22

Moore’s Law might be dead, but Swanson’s Law remains alive and well. Swanson’s Law is the observation that solar PV panels tend to become 20 percent cheaper for every doubling…

How Clean Is “Freedom Gas”?

May 30, 2019 at 13:10

A press release from the U.S. Department of Energy would not typically receive a lot of attention. But DOE issued a statement on May 28 in support of an…

Exxon’s Shareholders Reject Climate Resolution

May 30, 2019 at 12:51

Exxon’s shareholders rejected a proposal to set up a climate change board committee and voted down a proposal for corporate governance changes that some shareholders had proposed to protest…

The No.1 Reason Why Investors Are Shunning Energy Stocks

May 30, 2019 at 10:47

The uncertainty about the U.S.-China trade tension and the future of global oil demand for the rest of the year have resulted in many investors staying away from energy exchange…

Oil Prices Flat On Minor Crude Draw

May 30, 2019 at 10:10

Amid the ongoing fears of an escalating trade war between China and the United States, the Energy Information Administration countered the price decline potential of the China factor by reporting…

Saudis Raise Oil Prices To Asia As Demand Spikes

May 30, 2019 at 09:02

Emboldened by strong prompt demand amid tighter oil supply due to the U.S. sanctions on Venezuela and Iran, the world’s top oil exporter Saudi Arabia is expected to raise the…

Shale Drillers Keep On Falling Into The Same Trap

May 29, 2019 at 16:27

Despite the hype of lower breakeven prices, and despite the hype around longer laterals, energy digitalization, and other technological breakthroughs, most shale companies are still not profitable. In fact,…

Smart Money Turns Increasingly Bearish On Oil

May 29, 2019 at 16:21

Over the past month, hedge funds and other portfolio managers have been liquidating some of their bets that oil prices will rise, as concerns about the future of global economy…

Will China Cutoff Rare Earth Exports?

May 29, 2019 at 15:59

Oil prices sank once again on heighted fears of the U.S.-China trade war, this time because China has threatened to step up its response. China threatened to…

China's Biggest Weapon In The Trade War

May 29, 2019 at 13:29

Oil markets remained under pressure in early trading on Wednesday amid economic downturn worries due to the U.S.-China trade war that shows no sign of ending. Front-month futures for international…

One Huge Supply Risk Oil Market Shouldn’t Be Ignoring

May 29, 2019 at 12:47

While the oil market is fixated on the U.S.-China trade war for signs of demand, and on Iran, Venezuela, and the Middle East for signs of more supply disruptions, investors…

GM Pulls Out Of The 'Automated Mobility' Race

May 29, 2019 at 12:26

General Motors CEO Mary Barra promotes her company as the leading automaker of the future — with shared, autonomous, electric rides becoming the norm. For GM, its new Maven car-sharing…

Sentiment Vs. Fundamentals: How Weak Are Oil Markets?

May 29, 2019 at 13:10

As investors and market commentators we must always be asking ourselves- what are we missing? This is true when we’re correct on the market and our position is winning. Obviously,…

The Oil Kingdom Is Wasting Money

May 29, 2019 at 13:08

Another Wild Waste of Saudi Money As some of the saner elements of Saudi Crown Prince’s circle of advisors feared, investors will be perplexed to learn that a big chunk…

Is India’s Oil Demand Being Underestimated?

May 29, 2019 at 13:04

Huge jumps of 8.2% and 9.5% in Indian oil demand in 2015 and 2016 led to growing expectations that India had reached a critical developmental ‘take off’ point. Rising incomes,…

Quantifying The IMO 2020 Shock

May 29, 2019 at 12:56

The International Maritime Organization’s (IMO) decision to lower the Sulphur cap of marine fuel across the globe will be one of those few landmark moments which trigger a whole set…

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