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Article Archive | Page 979

Abu Dhabi To Auction Oil And Gas Exploration Concessions

May 18, 2018 at 16:56

On April 10 the Abu Dhabi National Oil Company (ADNOC) unveiled detailed plans for its first competitive exploration and production bid round. In total, the six blocks – four…

Is The U.S. Ethanol Industry Under Siege?

May 18, 2018 at 16:56

Following the 2016 presidential election, I explained Why The Ethanol Industry Should Fear President Trump. Since that time, the ethanol industry has indeed been on the defensive. In fact,…

The Ideal Moment In Oil Markets

May 18, 2018 at 16:54

There are moments – very very few moments – when a trader feels he’s got the markets pretty well sussed, has his positions all in the right places and believes…

Ignore The Headlines In This Oil Price Rally

May 18, 2018 at 16:50

I spend a lot of time these days studying oil. From a trading perspective it is one of the best markets around, or at least for me. Futures provide highly…

The Global Oil Surplus Is Gone

May 18, 2018 at 16:43

Friday May 18, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Global Energy Advisory May 18th 2018

May 18, 2018 at 16:27

Asian economies are facing higher inflationary pressure as their crude oil import bill expands in line with benchmark prices. Although some analysts have argued that even oil at $100 a…

Look To Hedge Funds For A Clue About Oil Prices

May 18, 2018 at 16:24

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to close higher for the third consecutive week. The market is being supported by strong demand,…

Oil At Highest Level Since 2014

May 18, 2018 at 13:54

Oil prices pulled back slightly on Friday following a week of bullish news, and despite an increase in U.S. oil production, crude prices are set to continue climbing. 

U.S. Oil Rig Count Flat As Prices Stabilize

May 18, 2018 at 12:14

US drillers added 1 rig to the number of oil and gas rigs this week, according to Baker Hughes, with oil rigs holding steady and gas rigs adding one. The…

LNG Remains In Tight Supply In This Key Market

May 18, 2018 at 11:05

PetroChina has begun cutting natural gas deliveries to certain industrial clients signaling still tight supply of the fuel that caused rather severe shortages in northern China in December. Reuters quotes…

Musk: Thousands Of Supercharger Stations Under Construction

May 18, 2018 at 09:36

Tesla has thousands of Supercharger “locations” under construction or awaiting construction permits, Elon Musk said in a tweet responding to Kevin Mitnick’s question about Supercharger stations in California. Electrek…

Goldman: Don’t Bet Against Oil

May 17, 2018 at 16:28

On Thursday, Brent topped $80 per barrel for the first time since November 2014, breaching a psychological threshold amid tightening inventories and widening geopolitical risk. Yet, even as oil prices…

The Myth Of An Imminent Energy Transition

May 17, 2018 at 16:23

100 million. It’s a number that drowns comprehension; it’s more jelly beans than can fit in an average-sized swimming pool. Within a year, world oil consumption will top 100 million…

Is Russia About To Abandon The OPEC Deal?

May 17, 2018 at 16:12

OPEC and Russia are meeting in a little more than a month to discuss the progress of their oil production deal and what’s next. On the face of things, there…

U.S. Oil Exports Continue To Break Records

May 17, 2018 at 15:28

U.S. crude oil exports broke yet another record, spiking to 2.566 million barrels per day for the week ending on May 11. With U.S. shale surging and export terminals…

China Crushes Vietnam’s South China Sea Drilling Hopes

May 17, 2018 at 13:05

At the EIC Energy Vietnam Conference held today in Ho Chi Minh City (Saigon), there was considerable talk from a multitude of players discussing in length oil and gas…

Truck Sales Hold Steady Despite Soaring Gas Prices

May 17, 2018 at 12:29

While gasoline is up 50 cents per gallon over last year, car shoppers are still leaning toward larger, fuel-sipping vehicles over small, fuel-efficient cars. Oil analysts predict the price per…

How To Mitigate The Risk Of Peak Oil Demand

May 17, 2018 at 11:57

There is a lively debate in the world of oil & gas surrounding the concept of peak demand. In essence, this debate centers around the question of when oil…

Uncertainty Spikes Following Iraqi Elections

May 17, 2018 at 10:59

Iraq’s election on May 12 has upended the political landscape in the country. The incumbent Prime Minister, Haidar Al Abadi, lost the election as voters favored Iraqi nationalist Moqtada al-Sadr,…

Brent Breaks $80 On Flurry Of Bullish News

May 17, 2018 at 09:30

Ticker: Two weeks after Saudi Arabia said it was targeting $80/bbl oil, this morning Riyadh got its wishes early when Brent hit the Saudi target, jumping as much as 1%…

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