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Charles Kennedy

Contributor since: 29 Sep 2011

Charles Kennedy

Charles is a writer for Oilprice.com

Latest articles from Charles

  • API Reports A Major Crude Oil Draw

    Published 04 January 2017 | viewed 36,796 times

    The American Petroleum Institute (API) has reported a sizable draw on U.S. crude oil inventories, down 7.4 million barrels over the previous week—a much larger…

  • As OPEC Cuts Take Effect, South Sudan Plans Output Increase

    Published 03 January 2017 | viewed 12,309 times

    War-torn South Sudan says it will increase oil production on the heels of an OPEC deal that promises to push global oil prices upwards for…

  • U.S. Exports Record Level Of Refined Products

    Published 31 December 2016 | viewed 15,101 times

    U.S. refiners continue to expand their footprint, exporting record volumes of product abroad. The U.S. refining complex exported nearly 4 million barrels per day of…

  • Plunging Natural Gas Inventories Pull Prices Even Higher

    Published 30 December 2016 | viewed 20,535 times

    Natural gas markets have experienced a dramatic change in just the past two months, upending forecasts about a protracted period of oversupply. The EIA reported…

  • Oil & Gas IPO’s To Spike in 2017

    Published 29 December 2016 | viewed 20,359 times

    2017 could be a banner year for oil and gas companies who are looking for fresh equity. According to Tudor Pickering Holt & Co., as…

  • The End Of The Oil And Gas Bankruptcy Wave

    Published 29 December 2016 | viewed 33,030 times

    Even as oil prices are rebounding, we are closing out one of the worst years for the oil and gas industry in decades. In 2016,…

  • Natural Gas Drillers Rush To Hedge Production As Prices Soar

    Published 28 December 2016 | viewed 18,539 times

    Natural gas prices are soaring on cold weather and falling production, spreading optimistic conditions for gas producers for the first time in years. Natural gas…

  • Egypt Signs Oil & Gas Deals, Plans To Jump Start Drilling

    Published 28 December 2016 | viewed 9,351 times

    Egypt has signed several large deals with a handful of oil majors, which could lead to more oil and gas production in the energy-starved nation.…

  • Can U.S. Shale Add 1 Million Bpd In 2017?

    Published 27 December 2016 | viewed 33,728 times

    Oil prices are up on expectations that OPEC will contribute to a faster balancing in 2017, with up to 1.8 million barrels per day in…

  • Energy Bonds Soared 37 Percent In 2016

    Published 27 December 2016 | viewed 7,919 times

    In a normal year, double-digit returns for the average investor would be a cause of celebration. But 2016 was not a normal year. At the…

  • Could Santa’s Sleigh Go Electric?

    Published 25 December 2016 | viewed 18,601 times

    Indeed, it’s time to give Santa’s reindeer a break, so this year, rumor has it, they’re just along for the ride as Santa goes electric,…

  • Oil Price Roulette: Investors Bet On $100 Oil

    Published 24 December 2016 | viewed 59,092 times

    Oil prices are rising and speculators are already staking out bullish positions on futures for the next few months, but some traders are rolling the…

  • Offshore Drillers Could Cut Costs By 30% With Standardized Equipment

    Published 24 December 2016 | viewed 11,156 times

    The offshore oil industry could cut exploration costs by more than 30 percent if it would just agree to use standardized equipment, according to the…

  • Shale Gas Is Back With This $2 Billion Acquisition

    Published 23 December 2016 | viewed 16,167 times

    A nearly $2 billion natural gas deal could signal a sign that companies are interested in gas drilling again after a long downturn. Gulfport Energy…

  • The U.S. Oil Rig Count Hits Its Highest Level Since January

    Published 23 December 2016 | viewed 19,294 times

    Baker Hughes has reported yet another increase in the U.S. oil and gas rig count this week, with 16 more rigs coming online. The previous…

  • Saudi Use Of Solar Could Boost Its Oil Exports

    Published 22 December 2016 | viewed 20,860 times

    Saudi Arabia will turn to solar for electricity, which could allow it to export a lot more oil. The connection between solar and oil is…

  • Can Killer Whales Strike A Blow Against Canada’s Oil Sands?

    Published 21 December 2016 | viewed 11,676 times

    Is it possible that killer whales could cut into the long-term growth of Canada’s oil sands? Environmental groups are suing the Canadian government over its…

  • Why The Koch Brothers Just Warned Of A Gasoline Price Spike

    Published 21 December 2016 | viewed 13,959 times

    The Koch brothers are taking on a proposed border tax that could crop up in the Republican plan for a monumental tax overhaul, arguing that…

  • ‘’EVs, Solar Could Push Oil Down To $10 By 2025’’

    Published 20 December 2016 | viewed 58,763 times

    Oil prices could fall to as low as $10 per barrel within a decade as a “tsunami” of threats could undo demand. That prediction comes…

  • Iraq Could Delay OPEC Production Cuts

    Published 20 December 2016 | viewed 6,091 times

    Iraq added more uncertainty to the integrity of the OPEC deal this week, hinting that it would not make cuts to oil production immediately next…

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