Article Archive | Page 908

Nov 30, 2018 at 17:07

Oil prices have plunged to one-year lows, but refiners in certain parts of the U.S. are not benefitting from cheaper crude. According to new data from the EIA, refining margins…

Nov 30, 2018 at 17:04

To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting.…

Nov 30, 2018 at 17:02

Demand for natural gas is rising fast. The relative clean nature of the fuel, abundance, and geographic distribution make it a good alternative to pollutant coal and intermittent renewables. The…

Nov 30, 2018 at 16:56

Despite hitting its lowest level in over a year earlier in the week, crude oil is showing signs of stabilizing. This is perhaps an early indication that the worst of…

Nov 30, 2018 at 16:52

Just as the U.S. shale patch is drafting spending budgets for 2019, oil prices have tumbled 25 percent from four-year highs in early October to just above $50 a barrel…

Nov 30, 2018 at 16:49

As I write, the world’s leaders are meeting at the G20 summit in Argentina. There are, as always, lots of story lines surrounding the meeting, some financial in nature such…

Nov 30, 2018 at 16:46

Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil.…

Nov 30, 2018 at 16:37

Liquefied natural gas (LNG) prices remain under pressure amid warmer temperatures in the Northern Hemisphere, with more warm winter months projected in the world’s top three LNG importing countries -…

Nov 30, 2018 at 16:26

“If you repeat a falsehood long enough, it will eventually be accepted as fact.” In the financial markets, and economics, it is a common occurrence for the media and commentators…

Nov 30, 2018 at 16:09

Record low Canadian oil prices risk deteriorating significantly cash flows and key credit metrics at Canada’s oil and gas producers, rating agency DBRS said on Wednesday in the latest…

Nov 30, 2018 at 16:04

A Massachusetts Institute of Technology team of researchers has taken the first three-dimensional images of kerogen’s internal structure, with a level of detail more than 50 times greater than has…

Nov 30, 2018 at 14:04

It’s hard to imagine higher stakes for the oil market over the next week as traders get set for an OPEC+ meeting and the Trump/Xi G20 meeting on the heels…

Nov 30, 2018 at 13:58

Global Intelligence Report - 30th November 2018 Sources - Turkey’s National Security Council - Turkish general, ex-NATO - Top aide to Turkish deputy foreign minister - Saudi figure close to…

Nov 30, 2018 at 13:52

Some trends are just impossible to predict because before they take place, the mere idea of them materializing seems like outlandish. Yet, sometimes the market takes everyone by surprise –…

Nov 30, 2018 at 13:48

Nord Stream II is proving to be one of the most politically contentious pipelines of all time. The project is making gradual progress, but remains vulnerable to the fragile state…

Nov 30, 2018 at 13:45

November 2018 will not go down in the history of oil trading as a successful month, in fact it was so bad that the last time we witnessed such a…

Nov 30, 2018 at 13:45

Oil prices dipped over the week, but the next few days will be volatile due to escalating geopolitical concerns and trade war tensions (Click to…

Nov 30, 2018 at 12:15

Baker Hughes reported a 3-rig decrease for oil and gas in the United States this week. The total number of active oil and gas drilling rigs now stands at 1,076…

Nov 30, 2018 at 10:46

Oil prices dropped early on Friday, on course to finish their worst month since 2008, as fears of oversupply and slowing demand growth dragged oil down into a bear market…

Nov 30, 2018 at 09:32

“In my view, the current price range of oil is comfortable for both producers and consumers,” said Russia’s Energy Minister Alexander Novak in an interview with news agency TASS.…