Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon.
Oil speculators and a few major investment banks have suddenly turned bullish on crude prices, betting that the rally above $50 per barrel has more…
For more than two years the oil industry has suffered through its worst down cycle since the 1980s, and relief may not come until the…
With oil prices back up above $50 per barrel, more and more shale companies could find it profitable to resume drilling. But the improved prospects…
The EIA published its latest Short-Term Energy Outlook and it is not exactly the most bullish report the agency has ever put out. The EIA…
Oil producers and pipeline developers are having a rough time trying to get their product to market, running into resistance from protestors and seeing projects…
Just as oil prices really started to pick up steam, the IEA had to spoil the party. The Paris-based energy agency said on Tuesday that…
Natural gas prices have been low for years, as shale gas drillers continued to break records with higher and higher production. But just as the…
The oil industry is about to see a huge benefit from the change of government in Brazil earlier this year. The Brazilian Congress just voted…
A small company just announced that it has made a “world-class” oil discovery in Alaska, which could be the largest find in the state in…
Gasoline prices in the U.S. Southeast spiked in September after a major gasoline pipeline suffered a leak and was forced to temporarily shut down. The…
The oil markets will have to wait almost two more months before the uncertainty surrounding the pending OPEC deal is settled, so in the meantime…
The tentative deal that OPEC agreed to in Algeria last week has been met with a lot of skepticism, both because it might be difficult…
Oil prices shot up more than 6 percent this week on the news that OPEC reached a deal to cut oil production, but by Friday…
OPEC shocked the oil markets on Wednesday, moving past their differences to agree on the first collective production cut since the global financial crisis. The…
With oil prices continuing to languish below $50 per barrel, the major oil producers in the Middle East are seeing their financial positions deteriorate. To…
Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this week…
Several of the world’s top oil officials are gathering in Algiers this week for the International Energy Forum, set to take place from Sept. 26-28.…
Oil prices are hovering in the mid-$40s per barrel, and the hopes of a rebound have once again been delayed. The IEA’s September Oil Market…
Venezuela, teetering on the brink of utter economic collapse, is rushing through a tender for billions of dollars of drilling contracts to boost oil production…
There is a strong possibility that OPEC disappoints the oil markets in the coming days, offering either no production limit or a toothless agreement that…