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Article Archive | Page 9

Traffic Levels In Europe And Asia Near Pre-COVID Levels

Sep 10, 2020 at 13:27

Many major cities in Europe and Asia have started to see the return of the rush-hour congestions in recent weeks, suggesting that people are using their cars more to travel…

The Nine Key Points In Biden’s Energy Strategy

Sep 10, 2020 at 12:59

Democratic presidential candidate Joe Biden has laid out an ambitious energy plan. His campaign has released nine key elements of Biden’s plan for a 

Is This South America’s Next Oil Drilling Hotspot?

Sep 10, 2020 at 12:04

The oil industry in South America is in sever need of positive stimuli – the Argentinian shale wonder has just survived a near-collapse of its government only to be stalled…

Baghdad Asks Kurdistan To Cut Oil Production

Sep 10, 2020 at 11:05

The federal Iraqi government has asked the Kurdistan Regional Government to reduce oil production by 120,000 bpd, Reuters reported, citing the Iraqi News Agency. The federal government is negotiating…

Surprise Crude Build Forces Oil Prices Lower

Sep 10, 2020 at 10:11

The slide in crude oil prices accelerated after the Energy Information Administration reported a crude oil inventory build of 2 million barrels for the week to September 4. A day…

Russia’s Central Bank Warns That Oil Could Slide To $25

Sep 10, 2020 at 09:05

Russia’s central bank has warned that crude oil prices could slump to $25 in its risk scenario for monetary policy over the next three years, TASS reports. That scenario,…

The Start Of A New Oil Market Supercycle

Sep 09, 2020 at 17:36

It is over-simplification to say the world has been overwhelmed with too much oil and gas and inadequate drivers of demand for them over the last few years.…

Is This The Best Way To Play $2000 Gold?

Sep 09, 2020 at 16:49

What do the founders and shareholders of the company that made one of the biggest high-grade gold discoveries of the decade in Quebec know that investors don’t know?  They think…

The Superbattery Code Has Just Been Cracked

Sep 09, 2020 at 16:35

Ultrafast charging, the Holy Grail of batteries, has been elusive for years. It is one big reason—perhaps the biggest—why electric cars have not taken off the way they should have…

Private Equity Is Bargain Hunting In Canada’s Oil Patch

Sep 09, 2020 at 16:06

After two months of an encouraging—if not half-hearted--rebound, oil prices have gone into reverse gear once again. Futures tied to WTI crude were down a whopping 8% on…

UAE’s Nuclear Power Pivot Comes At A High Cost

Sep 09, 2020 at 14:00

The United Arab Emirates have just become the first Arab nation to operate a nuclear plant as its 5.6GW Barakah nuclear plant achieved criticality on its Unit…

Oil Prices Regain Lost Ground As Stock Markets Recover

Sep 09, 2020 at 12:56

Oil prices are fighting hard to regain some ground after falling hard on Tuesday, but WTI still is barely above $38. Prices fell hard on Tuesday, falling…

Why Tesla Wasn't Included In The S&P 500

Sep 09, 2020 at 12:33

The S&P 500 is an exclusive club of the 500 biggest companies by market cap on the NYSE or Nasdaq, and the inclusion Friday of three new companies…

OPEC+ Output Cuts Increasingly Important For Oil Market Recovery

Sep 09, 2020 at 12:04

Despite a moderate price rebound on Wednesday, oil markets have been under significant pressure since last week. Brent prices closed the week at $42.66, down by 6.88% w/w, while…

Saudi Economic Outlook Sours After Oil Price Crash

Sep 09, 2020 at 11:02

Saudi Arabia’s economic outlook for this year remains uncertain amid the pandemic-driven economic slowdown and the collapse in oil prices that led to the Kingdom slashing its oil production as…

China Set To Debut “Next Gen” Nuclear Power Plant

Sep 09, 2020 at 10:03

Bill Gates better hurry up and build those "homegrown" nuclear reactors across the Pacific Northwest, because China is already on track to outpace the US in applying the newest generation…

Embattled Dakota Access Pipeline To Start Operating Next Year

Sep 09, 2020 at 09:00

An expanded Dakota Access pipeline could go into operation by the third quarter of next year, Energy Transfer said in an investor presentation. The embattled project, which aims to…

Oil Markets Get A Major Reality Check As Demand Sours

Sep 08, 2020 at 18:01

A recovery in jet fuel, gasoline, and crude oil demand is the one thing standing in the way of drawing down the existing inventory glut for crude and…

Oil’s Luck Runs Out As Driving Season Ends

Sep 08, 2020 at 16:55

This year’s driving season was a disappointment for those who hoped and expected it to pull oil prices higher, helped by the pandemic that, those optimists reasoned, would…

Trump's Drilling Ban Bombshell Rocks Oil Industry

Sep 08, 2020 at 16:44

U.S. President Donald Trump shocked the oil industry today with a surprise announcement that he would extend the existing moratorium on oil drilling on parts of Florida’s, South Carolina’s, and…

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