Nick Cunningham

Latest articles from Nick

• Are These OPEC Members Sabotaging The Output Deal?

  Published 08 February 2017 | viewed 21,537 times

  OPEC provide a shot in the arm for oil prices this week when S&P Global Platts reported a much higher than expected compliance rate for…

• Plunging Refining Margins See Oil Majors Disappoint In Q4

  Published 07 February 2017 | viewed 14,202 times

  The fourth quarter of 2016 was a massive disappointment for the oil majors. Almost without exception, all of the largest publicly-traded oil companies in the…

• Oil Markets On A Knife Edge Despite 91% OPEC Compliance

  Published 06 February 2017 | viewed 26,717 times

  The first month of the six-month OPEC deal is in the books and the early signs suggest that the oil group is thus far coming…

• Gasoline Glut Could Ruin The Oil Price Party

  Published 05 February 2017 | viewed 21,144 times

  Oil and refined products inventories in the U.S. continue to climb at a worrying pace, raising some red flags for an oil market that was…

• Why The Electric Car Boom Could Cause Another Oil Price Crash

  Published 02 February 2017 | viewed 24,723 times

  A 2014-style oil price meltdown could occur again. Only this time, instead of a sudden surge of supply, the culprit will be the fast adoption…

• U.S. Shale Sees Rebound In 2017…But Mostly From The Permian

  Published 01 February 2017 | viewed 13,490 times

  The oil industry invested more than $28 billion in buying up land in the Permian Basin in 2016, three times the amount spent in 2015,…

• Why The Trump Administration Is A Huge Wildcard For The Oil Industry

  Published 31 January 2017 | viewed 12,772 times

  The implications of a Trump presidency for the oil markets are hard to discern, given the unpredictability of the new administration. But a few possible…

• Why Is Everyone So Bullish On Oil?

  Published 30 January 2017 | viewed 29,431 times

  A Wall Street Journal survey of 15 investment banks finds cautious optimism among oil watchers. The monthly survey is a good barometer for market sentiment,…

• Trump’s Tariff Could Be A Disaster For Mexican Oil

  Published 29 January 2017 | viewed 13,019 times

  In his first week in office, President Donald Trump created a diplomatic crisis with Mexico regarding the border wall, who will pay for it, and…

• Is The Oil Crisis Over? Oil Majors Report Positive Cash Flow

  Published 26 January 2017 | viewed 17,495 times

  Rising oil prices and spending cuts over the past two to three years have improved the cash flow position for many of the oil majors,…

• Oil Price Meltdown – Is Trump Setting The Oil Markets Up For Another Bust?

  Published 25 January 2017 | viewed 49,432 times

  President Donald Trump signed several executive orders this week intended to juice the American energy sector, calling for expedited environmental reviews and the advancement of…

• Keystone XL Still Faces Obstacles Even With Trump’s Approval

  Published 25 January 2017 | viewed 18,101 times

  President Donald Trump moved to fulfill one of his campaign promises on Tuesday, signing an executive order to revive the Keystone XL and Dakota Access Pipelines.…

• Why Oil Won’t Rally Above $60 In The Near Term

  Published 23 January 2017 | viewed 30,557 times

  Last week the IEA warned that rising non-OPEC production could put an end to the OPEC-fueled price rally that began in late November after the…

• Trump Won’t Stop The Clean Energy Revolution

  Published 22 January 2017 | viewed 16,046 times

  It is the dawn of a new era and the oil and gas industry is chomping at the bit as the most industry-friendly administration in…

• Despite OPEC Deal Oil Prices Could Fall Sharply From Here

  Published 19 January 2017 | viewed 25,762 times

  The impact of the OPEC production cuts could be much more muted than many had hoped for as non-OPEC output comes roaring back in 2017.…

• The U.S. Is Shaping Up For Another Pipeline Saga

  Published 18 January 2017 | viewed 18,014 times

  Incoming President Donald Trump might quickly move to resolve the massive problem that Energy Transfer Partners has on its hands in the Dakota Access Pipeline,…

• Declining Chinese Oil Production Could Help Boost Oil Prices

  Published 17 January 2017 | viewed 24,509 times

  While all eyes are on OPEC to see whether or not they will follow through on production cuts, there is another major source of oil…

• Saudi Arabia To Spend $50 Billion On Massive Solar Push

  Published 16 January 2017 | viewed 39,904 times

  Saudi Arabia’s energy minister, Khalid Al-Falih, said that his country will begin soliciting bids for a “massive” renewable energy push, with spending to be ramped…

• U.S. Shale To Kill Off Oil Price Rally

  Published 15 January 2017 | viewed 24,382 times

  Oil prices have been showing signs of weakness in recent days as concerns over excess supply are starting to crop up once again, potentially slamming…

• U.S. Nuclear Power Plants Continue To Close

  Published 12 January 2017 | viewed 32,184 times

  New York City’s major source of electricity for more than four decades could be taken offline in the next few years, a major victory for…