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Article Archive | Page 844

Will Russia Abandon The OPEC+ Oil Deal?

May 10, 2019 at 17:44

A month and a half before OPEC and its allies are set to sit down and discuss how to proceed with their production cut pact, the leader of the non-OPEC…

Could This Emerging Oil State Become The Richest Nation In The World?

May 10, 2019 at 17:44

A tiny South American country until recently known mostly as the location of one of the worst mass suicides in modern history is about to acquire a whole new reputation,…

The Oil Kingdom Enters A New Era

May 10, 2019 at 17:43

Saudi Crown Prince Mohammed bin Salman’s largely self-inflicted losing streak appears to have come to an end, and just in the nick of time, with arch-nemesis Iran in the process…

Is This The Most Underrated Upstream Player In The Industry?

May 10, 2019 at 17:36

Beginning in 2016 oil prices bottomed, and began a stop-start recovery that has restored WTI and Brent (two globally recognized bench marks for oil) to about 65-70 percent of their…

Oil May Hold The Secret To Ending The Trade War

May 10, 2019 at 17:31

On Wednesday, U.S. president Donald Trump crushed any hopes of a trade deal with China when he announced that China “broke the deal” and that, as a consequence, the U.S.…

Bloomberg: LNG Markets Are In For A Wild Ride

May 10, 2019 at 17:27

The liquefied natural gas market is in for an exciting five years, with major swings between demand and supply excess, BloombergNEF said in its latest LNG outlook.…

Debunking The Oil Industry Cash Flow Myth

May 10, 2019 at 17:26

One of the refrains I often hear about the oil industry — particularly on those focused-on shale and tight oil — is that it collectively doesn’t make any money. There have been…

Chinese Oil Majors Backtrack On Pledge To Buy Iranian Oil

May 10, 2019 at 17:25

It was a question that just as recently as last week was still undecided. Would Beijing kowtow to Washington’s demand that it stop importing Iranian oil at the start of…

Bullish Fundamentals Intact Despite Trade War Worries

May 10, 2019 at 17:26

U.S. West Texas Intermediate and international benchmark Brent crude oil futures are trading slightly lower for the week with most of the downside pressure being fueled by escalating tensions between…

Venezuela Is Teetering On The Brink

May 10, 2019 at 17:24

Politics, Geopolitics & Conflict - Venezuela's PDVSA now has a board controlled by Maduro and another ad hoc board controlled by the opposition - and the state-run oil giant has…

Thinking Of Buying UBER? Check These Charts First

May 10, 2019 at 17:22

Uber (UBER)’s IPO is dominating financial news this morning, but it may seem to be of little interest to energy-focused investors. There is, however, a reason why you should consider…

Global Oil Supply Under Threat

May 10, 2019 at 17:19

Friday May, 10, 2019 1. Grain prices crash on Trump’s trade war- Soybean and corn futures plunged after President Trump…

Trump’s Trade War Dominates Energy Markets

May 10, 2019 at 17:17

Oil prices this week are being dictated by yet another highly emotional trade war round that seemed to come out of nowhere. If Beijing really wants to dig in against…

U.S. Warns Iran May Attack Oil Tankers In The Persian Gulf

May 10, 2019 at 16:51

The U.S. Maritime Administration issued on Friday a maritime advisory warning that Iran or its proxies could target oil infrastructure and commercial ships, including oil tankers, in and around…

Oil Markets Uncertain As Trade War Counters Supply Shortages

May 10, 2019 at 13:13

Oil prices were flat in early trading on Friday, sandwiched between supply outages and the escalating U.S.-China trade war. (Click to enlarge)…

Oil Inches Higher As Rig Count Continues To Decline

May 10, 2019 at 12:16

The number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of losses in the weeks prior, keeping…

Occidental Petroleum, Anadarko Seal The Deal

May 10, 2019 at 09:49

Occidental Petroleum and Anadarko yesterday signed a merger agreement putting the final stroke to the biggest deal in oil and gas since Shell’s acquisition of BG Group. Hart Energy

Libya’s $60 Billion Push To Double Oil Production

May 10, 2019 at 09:10

Mustafa Sanalla, chairman of Libya’s internationally recognized National Oil Corporation (NOC), held meetings with U.S. companies at the Offshore Technology Conference (OTC) in Houston this week, to discuss US$60 billion…

The Shale Boom Is About To Go Bust

May 09, 2019 at 17:08

The shale industry faces an uncertain future as drillers try to outrun the treadmill of precipitous well declines. For years, companies have deployed an array of drilling techniques to extract…

Iran’s Oil Exports Implode As Sanctions Sting

May 09, 2019 at 17:01

Iran’s oil exports are plunging. Waivers on U.S. sanctions for Iranian oil purchases expired earlier this month, and there is evidence that most countries are steering clear of running afoul…

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