Evan Kelly

Latest articles from Evan

• Midweek Sector Update: August Off To A Shaky Start For Oil Markets

  Published 04 August 2015 | viewed 6,648 times

  August started off on a dour note for crude oil, with prices tanking by around 5 percent on August 3. A slew of negative news…

• This Week In Energy: Low Oil Prices Inflict Serious Pain This Earnings Season

  Published 31 July 2015 | viewed 10,671 times

  After another turbulent week in the Chinese stock market, we are left with no clearer picture on how sound the financial system is in the…

• Midweek Sector Update: China’s Stock Market Crash Looming Large Over Oil Prices

  Published 28 July 2015 | viewed 6,142 times

  Oil prices continue to defy even some of the most pessimistic expectations, with WTI falling substantially below $50 per barrel, dropping near $47 on July…

• This Week In Energy: Rout Begins As WTI Can’t Stand The Pressure

  Published 24 July 2015 | viewed 11,307 times

  A top Gazprom official met with European regulators this week to discuss the antitrust case the EU is bringing against the Russian gas giant. Gazprom’s…

• Midweek Sector Update: Oil Sector Continues To Feel The Pain

  Published 21 July 2015 | viewed 4,909 times

  WTI dipped briefly dipped below $50 per barrel on July 20 for the first time in months. The bear market is inflicting a lot of…

• This Week In Energy: Oil Shows No Signs Of A Rebound Amid Ongoing Slump

  Published 17 July 2015 | viewed 16,797 times

  The bear market for oil continues. The historic deal with Iran has sparked a lot of speculation about how much Iranian oil will come back…

• Midweek Sector Update: What The Iran Deal Actually Means For Oil Markets

  Published 14 July 2015 | viewed 7,281 times

  After months of speculation and anticipation, Iran and the P5+1 nations finally reached a historic agreement on its nuclear program. The deal puts limits on…

• This Week In Energy: Oil Prices Hinge On Two Financial Crises

  Published 10 July 2015 | viewed 11,102 times

  It has been an eventful week. Two major financial crises are destroying the bullish case for oil. The Greek crisis continues, although there are signs…

• Midweek Sector Update: Oil Prices Crash Again – Another Downturn Ahead?

  Published 07 July 2015 | viewed 8,226 times

  We had warned over the past few weeks that there was an outside chance that the Greek crisis would infect oil markets, and over the…

• This Week In Energy: Top 4 Reasons Oil Prices Are Heading Back Down

  Published 03 July 2015 | viewed 14,376 times

  The big news from the U.S. this week was new data that showed that the weekly rig count…actually increased. That’s right, after 29 consecutive weeks…

• Midweek Sector Update: Bearish Signs For Oil From Europe

  Published 30 June 2015 | viewed 5,411 times

  Brazil’s Petrobras has slashed its capital spending program for the next five years, cutting it by 37 percent in an effort to stop the hemorrhaging…

• This Week In Energy: Oil Prices Under Pressure From All Sides

  Published 26 June 2015 | viewed 16,492 times

  In a move that will reverberate throughout the country, the local Lancashire County Council in the United Kingdom rejected a permit for a shale gas…

• Midweek Sector Update: Oil Markets May Not Need To Worry About Greece

  Published 23 June 2015 | viewed 5,222 times

  The Greek debt crisis is coming to a head as negotiators from Greece and its European creditors meet in Brussels for a last-ditch emergency meeting.…

• This Week In Energy: Iran Woos Oil Companies Ahead of Nuclear Deadline

  Published 19 June 2015 | viewed 6,679 times

  Iran is reportedly readying a collection of contract terms that it thinks will be very attractive to international oil companies weighing whether or not to…

• Midweek Sector Update: Oil Gloom Spreading To Natural Gas Market

  Published 16 June 2015 | viewed 6,030 times

  The oil glut is having a knock on effect on natural gas drilling across the United States. The U.S., the largest natural gas producer in…

• This Week In Energy: BP Claims Tectonic Shift Underway In Energy

  Published 12 June 2015 | viewed 14,072 times

  Last year may have been a “watershed” moment for world energy consumption. That assessment comes from BP’s (NYSE: BP) just released 2015 Statistical Review, which…

• Midweek Sector Update: G7 Plans To End Fossil Fuel Era This Century

  Published 09 June 2015 | viewed 6,242 times

  The Group of 7 (G7) nations met in Bavaria on June 8, and pledged to rid the global economy of fossil fuels by the end…

• This Week In Energy: No Surprises From OPEC

  Published 05 June 2015 | viewed 7,612 times

  Unless you have been living under a rock, by now you have read that OPEC has decided to leave its production target unchanged. A widely…

• Midweek Sector Update: Will Shale Producers Give Into Temptation?

  Published 02 June 2015 | viewed 4,003 times

  With oil prices wobbling above and below $60 per barrel, US shale drillers now face a quandary. Many in Texas and North Dakota could profitably…

• This Week in Energy: Oil Glut Easing At A Snail’s Pace

  Published 29 May 2015 | viewed 6,711 times

  The EIA released fresh weekly data this week that solidified a trend underway in the US. Oil inventories posted their fourth weekly decline, falling by…