Nick Cunningham

Latest articles from Nick

• $30 Oil Will Accelerate Much Needed Rebound

  Published 14 December 2015 | viewed 28,428 times

  Oil markets are waiting for a much greater supply contraction before prices rebound, and the deeper downturn in prices will test the current pace of…

• LNG Glut Worse Than Oil

  Published 12 December 2015 | viewed 30,314 times

  The glut in oil is expected to continue for the next year or so before balancing in late 2016, but the pain for liquefied natural…

• Oil Industry Cutting Again, But It Still Might Not Be Enough

  Published 10 December 2015 | viewed 10,447 times

  On December 9, Chevron announced its decision to slash capital expenditures even further for 2016, cutting spending down to $26.6 billion, or about 24 percent…

• Tick Tock: Time Running Out for Struggling Oil and Gas Drillers

  Published 09 December 2015 | viewed 19,328 times

  The 18th oil and gas driller so far this year is in the process of filing for bankruptcy protection, as the company ran out of…

• 2016 Spells More Gloom For Oil Producers

  Published 08 December 2015 | viewed 24,078 times

  A year after OPEC sent oil markets spiraling out of control, the group may have sparked another round of bearishness for crude. OPEC failed to…

• Venezuelan Government Losing Grip As Low Oil Prices Take Their Toll

  Published 07 December 2015 | viewed 21,268 times

  The Venezuelan government suffered a huge electoral loss on December 6. The opposition won a majority of seats in the parliament, a striking blow to…

• Is OPEC Losing Influence?

  Published 05 December 2015 | viewed 19,070 times

  Oil prices underwent a wild ride in the lead up to the OPEC meeting in Vienna on December 4, and the markets gyrated as OPEC…

• Can OPEC Strike A Deal On Cutting Production Tomorrow?

  Published 03 December 2015 | viewed 10,889 times

  OPEC is set to convene its twice-a-year meeting in Vienna, and a growing number of the group’s members are clamoring for production cuts in order…

• Oil Majors See Opportunity In Climate Action

  Published 02 December 2015 | viewed 5,026 times

  Economists have long held up carbon taxation as an ideal way to reduce greenhouse gas emissions, but except in a handful of cases, the tricky…

• Saudis Prepared To Listen At OPEC Meeting

  Published 01 December 2015 | viewed 14,023 times

  As energy analysts closely watch for any clues emerging from Vienna, where OPEC is set to meet on December 4, global oil markets remain stubbornly…

• Paris Talks Fall Short On Climate, But Shift To Clean Energy Is Clear

  Published 30 November 2015 | viewed 8,122 times

  World leaders have arrived in Paris for the start of the highly-anticipated climate change negotiations. Although most participants, activists, and analysts are more cynical about…

• Other Energy Companies Accused Of Downplaying Climate Change

  Published 28 November 2015 | viewed 12,022 times

  A growing number of energy companies could come under increased scrutiny over their involvement in funding science and public relations campaigns denying the risks of…

• Glencore Wades Into Libyan Oil Fight

  Published 25 November 2015 | viewed 14,157 times

  The battle for control of Libya’s oil production continues, and the latest wrinkle includes a deal with Swiss mining giant Glencore. Glencore secured a deal…

• Big Oil: Which Are The Top 10 Biggest Oil Companies?

  Published 24 November 2015 | viewed 126,246 times

  Energy analysts are paying a lot of attention to which companies are cutting back on drilling, which are going bankrupt, and who will be able…

• Oil Price Rebound Not Imminent, But Underway

  Published 23 November 2015 | viewed 19,590 times

  Oil markets will remain depressed through the fourth quarter of this year as oil storage levels continue to rise around the world. The closely watched…

• Natural Gas Companies Slammed By Low Prices

  Published 21 November 2015 | viewed 22,955 times

  Natural gas spot prices continue to hover near multiyear lows, putting increased pressure on natural gas producers as revenues sink. Although rig counts have been…

• UK Banking On NatGas And Nuclear Over Renewables

  Published 18 November 2015 | viewed 5,927 times

  The UK laid out a long-term energy strategy ahead of the Paris climate talks that charts a decidedly different future for the country. Energy and…

• Why French Military Action In Syria Doesn’t Affect Oil Prices

  Published 17 November 2015 | viewed 12,842 times

  The horrific attacks in Paris prompted a swift response from French President Francois Hollande, as he dispatched an aircraft carrier to the Eastern Mediterranean a…

• Future Of Brazil’s Oil Industry In Serious Doubt

  Published 16 November 2015 | viewed 27,454 times

  Oil market analysts keep a close watch on the weekly and monthly production figures from the U.S. EIA, watching for a sign that a contraction…

• Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry

  Published 14 November 2015 | viewed 34,595 times

  Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude…