Article Archive | Page 910

Nov 27, 2018 at 13:41

Oil supermajor Shell sees electric vehicle (EV) enthusiasts buying into the ‘cool factor’ of zero emission vehicles, driving EVs fleet growth regardless of the oil price fluctuations, the head of…

Nov 27, 2018 at 13:26

Oil prices are struggling to find a bottom, moving up on Monday but floundering in early trading on Tuesday. (Click to enlarge)

Nov 27, 2018 at 11:32

Prices for liquefied natural gas (LNG) remain weak going into what forecasters are claiming will be a warmer than usual winter season in the Northern Hemisphere. In fact, last week…

Nov 27, 2018 at 10:58

Mexico’s state oil company Pemex said it produced an average 1.76 million bpd of crude in October, down 7 percent from October last year, Reuters reports, citing data released…

Nov 27, 2018 at 09:37

OPEC will probably agree to cut production to the tune of between 1 and 1.5 million bpd, analyst Johannes Benigni from Austrian JBC Energy Group told CNBC, adding there was…

Nov 26, 2018 at 17:10

U.S. oil production has skyrocketed this year, leaving even the most optimistic forecasts in the dust. But, the recent crash in oil prices could do what the much-hyped pipeline bottlenecks…

Nov 26, 2018 at 16:25

Goldman Sachs believes that the price of oil and other commodities are set for a rebound next year and the first catalyst could come as early as this weekend at…

Nov 26, 2018 at 15:53

President Trump recently took credit for the plunge in oil prices since early October. As I noted in a recent article, it’s true that the President’s actions have contributed…

Nov 26, 2018 at 15:48

President Trump has spent much of the first two years of his presidency at odds with environmentalists over numerous issues, but now that disagreement also includes the federal government. On…

Nov 26, 2018 at 13:47

Saudi Aramco will spend US$500 billion over the next ten years to expand internationally, with a fifth of the total amount earmarked for petrochemical projects and US$160 billion for natural…

Nov 26, 2018 at 13:14

On the day U.S. sanctions against Iran went into effect, Brent crude traded at US$72.68 a barrel. Today, three weeks later, Brent is down to US$59.59 a barrel and President…

Nov 26, 2018 at 11:41

Over the past few years, Brazil has held several very successful oil auctions under production-sharing contracts in its pre-salt layer, attracting major oil companies to its prized offshore oil area.…

Nov 26, 2018 at 10:37

Saudi Arabia’s oil production has been at a record high this month—at between 11.1 million bpd and 11.3 million bpd in some days in November, an industry source familiar with…

Nov 26, 2018 at 09:27

Crude market volatility has soared in the second half of 2018, with prices touching a four year high before entering their longest losing streak in three decades. Analysts…

Nov 25, 2018 at 08:34

Oil prices continue to plumb new depths, but some analysts think the selloff has gone too far. Brent prices fell to $62 per barrel by mid-week, hitting nearly a one-year…

Nov 25, 2018 at 08:29

Just two months ago, fears of plunging Iranian supply had the oil market and analysts wondering how high prices could go and if we are about to see $100 oil…

Nov 25, 2018 at 08:23

“Oil prices getting lower. Great! Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!” President…

Nov 25, 2018 at 08:21

Usually, when a stock has jumped around fifty percent in five months and twenty percent in just the last week or so, I am looking to sell. The market tends…

Nov 25, 2018 at 08:17

On October 29 Petroleum Development Oman (PDO) announced it had contracted Omani-Japanese joint venture Marubeni Consortium to develop a 100-MW solar photovoltaic (PV) power plant. The facility, to be developed…

Nov 24, 2018 at 12:24

In a controversial move in this Southeast Asian country of nearly 100 million people, Philippine President Rodrigo Duterte and visiting Chinese President Xi Jinping lead officials from both sides yesterday…