Nick Cunningham

Latest articles from Nick

• Rise Of The Vulture Investing Class

  Published 03 February 2015 | viewed 20,367 times

  The oil markets are showing some life, having rallied 11 percent over a two-day period. But if a bigger rebound is not around the corner,…

• Oil Majors’ Profits Take A Beating

  Published 02 February 2015 | viewed 21,688 times

  The first quarterly earnings reports since the collapse of oil prices are in and the numbers show a significant deterioration in profits for the oil…

• Arctic Oil On Life Support

  Published 31 January 2015 | viewed 24,853 times

  Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north…

• Leaked Document Could Shatter UK Shale Dreams

  Published 29 January 2015 | viewed 16,250 times

  U.K. Prime Minister David Cameron’s hopes for a British-style shale gas revolution recently took a major hit. Cameron has promised that his government will be…

• Russia And China’s Growing Energy Relationship

  Published 28 January 2015 | viewed 28,275 times

  Russia’s economic freefall and isolation from the West has made it increasingly eager to build its relationship with China, even at the cost of lost…

• New England Growing More Dependent On Natural Gas

  Published 27 January 2015 | viewed 10,613 times

  New England may avoid a spike in natural gas prices this winter, but the region is becoming increasingly dependent on the fuel, ensuring that price…

• U.S. Pushes Energy Exports to Undermine Venezuela

  Published 26 January 2015 | viewed 10,873 times

  The United States is seeking to dislodge Venezuela’s energy influence in the Caribbean, capitalizing on the collapse in oil prices. Vice President Joe Biden hosted…

• New King In Saudi Arabia But Same Old Oil Policy

  Published 23 January 2015 | viewed 14,452 times

  The death of Saudi Arabia’s King Abdullah made international headlines on January 22, raising questions about the future of the Middle East. News of his…

• Drought Forcing Brazil To Turn To Gas

  Published 22 January 2015 | viewed 23,104 times

  Brazil is dealing with one of its worst droughts in years, causing the city of Sao Paulo to suffer through rolling blackouts. Blistering heat and…

• Iraq Shrugs Off Low Prices, Boosts Output To Record Levels

  Published 21 January 2015 | viewed 10,564 times

  Despite oil prices at their lowest levels in five years, Iraq is producing at record levels. For the month of December, Iraq produced nearly 4…

• Spain To Consider Fracking Following Canary Islands Failure

  Published 20 January 2015 | viewed 20,389 times

  A highly controversial oil project that Spain’s national government had pinned its hopes on was just cancelled. Spanish oil giant Repsol has decided to call…

• Oil Price Collapse Hurting Some More Than Others

  Published 19 January 2015 | viewed 22,563 times

  U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending…

• Oil Industry Withdraws From High Cost Areas

  Published 16 January 2015 | viewed 22,521 times

  The oil industry is pulling back from some marginal areas of operation, slashing jobs and spending, and retrenching in the face of the ongoing slump…

• Low Oil Prices Compounding Problems At Petrobras

  Published 15 January 2015 | viewed 14,172 times

  As oil companies around the world scramble to slash capital expenditures amid falling oil prices, Brazil’s major oil company is being assaulted on multiple fronts.…

• The Vanishing WTI/Brent Spread

  Published 14 January 2015 | viewed 46,308 times

  The spread between two key oil benchmarks vanished for the first time in over a year and a half. On January 13, WTI briefly traded…

• Oil Export Ban Slowly Eroding

  Published 13 January 2015 | viewed 10,395 times

  Lost amid all the media buzz over the push in the new U.S. Congress to approve the Keystone XL pipeline are the seeds of a…

• Could The Oil Bust Last?

  Published 12 January 2015 | viewed 22,374 times

  The oil industry has experienced boom and busts before, but the depths to which oil prices have plunged have surprised everyone. Could the bust now…

• Could ISIS Attack Saudi Oil?

  Published 10 January 2015 | viewed 74,316 times

  What will it take for oil prices to rise? Oil companies have little incentive to turn off the taps, given that low oil prices are…

• LNG Another Casualty Of Low Oil Prices

  Published 08 January 2015 | viewed 23,901 times

  The oil industry is facing rising debt from collapsing oil prices, but there could be another sector that becomes a casualty of the low oil…

• Mounting Debt For Oil Drillers

  Published 07 January 2015 | viewed 17,020 times

  In recent years oil exploration companies have taken on more debt in order to finance their operations. The level of debt in the upstream sector…