Nick Cunningham

Latest articles from Nick

• What To Expect From The European Green New Deal

  Published 03 December 2019 | viewed 18,637 times

  The European Union is set to ratchet up its climate ambition, overhauling continent-wide regulation aimed at slashing greenhouse gas emissions. The urgency is palpable as…

• Will The OPEC Meeting Yield A Bullish Surprise?

  Published 02 December 2019 | viewed 33,319 times

  Oil prices fell sharply on Friday on rumors that OPEC would decline to deepen the production cuts, but the rumor mill continues to churn. Over…

• Two Factors To Upend Oil Markets In 2020

  Published 24 November 2019 | viewed 72,810 times

  The major forecasters see an oil supply surplus next year, but those bearish outlooks largely depend on the health of U.S. shale growth in 2020,…

• Has U.S. Shale Seen Its Profits Peak?

  Published 21 November 2019 | viewed 17,199 times

  For the U.S. shale industry, the third quarter was more of the same: new record highs in oil production, but another quarter of negative cash…

• Fracking Under Fire In California

  Published 20 November 2019 | viewed 12,789 times

  California Governor Gavin Newsom just dealt a blow to the oil industry, placing a temporary moratorium on new fracking permits in the state until scientists…

• Is Big Oil Wasting Its Time in The US Shale Patch?

  Published 19 November 2019 | viewed 28,830 times

  Growth in the U.S. shale industry is dramatically slowing down, with cash-strapped drillers slashing spending and scrapping rigs. At the same time, the oil majors…

• The Worst Is Over For Oil Markets

  Published 18 November 2019 | viewed 69,446 times

  Some analysts see the world dodging a recession next year, which provides some upward room for oil prices. Last week, the IEA warned last week…

• All Eyes On OPEC As Another Oil Glut Looms

  Published 17 November 2019 | viewed 81,091 times

  OPEC+ is facing a steep challenge as it prepares to gather in Vienna next month. Global oil supply could continue to rise at a rapid…

• The Uncertain Fate Of U.S. Shale In 2020

  Published 14 November 2019 | viewed 27,450 times

  There is quite a bit of disagreement over how much U.S. shale will grow next year, and a lot hinges on the magnitude of the…

• IEA Sees $90 Crude Ahead Of Oil’s Downfall

  Published 13 November 2019 | viewed 102,744 times

  Global oil demand will plateau around 2030, according to a major new report, but the decline in demand is way too slow to head off…

• The EIA Is Grossly Overestimating U.S. Shale

  Published 12 November 2019 | viewed 57,103 times

  The prevailing wisdom that sees explosive and long-term potential for U.S. shale may rest on some faulty and overly-optimistic assumptions, according to a new report.…

• The Cure For Low Gas Prices Is Low Gas Prices

  Published 11 November 2019 | viewed 36,467 times

  Natural gas production could begin to slow in the U.S. after a decade of relentless growth. Financial stress continues to sweep over the industry, and…

• Saudi Arabia's Final Attempt To Boost Aramco's Valuation

  Published 08 November 2019 | viewed 73,199 times

  Saudi Arabia is gearing up for the Aramco IPO, pulling out all the stops to boost the company’s valuation. But it’s a desperate attempt that…

• Canadian Oil Prices Crash After Keystone Spill

  Published 07 November 2019 | viewed 62,435 times

  Prices for Canadian oil continue to sink as the Keystone Pipeline remains offline. The pipeline sprung a leak late last month, spilling more than 9,000…

• The Drilling Frenzy Is Over For U.S. Shale

  Published 06 November 2019 | viewed 67,457 times

  A few high-profile shale executives say the glory days of shale drilling are over. In a round of earnings calls, the financial results were mixed.…

• OPEC Braces For Drastic Drop In Oil Demand

  Published 05 November 2019 | viewed 108,448 times

  OPEC admitted that demand for its oil over the next few years could be drastically weaker than it previously thought, due to a combination of…

• A Wave Of Unprofitable Oil Is About To Hit The Market

  Published 04 November 2019 | viewed 113,250 times

  The massive wave of investment that went into offshore oil projects earlier this decade may produce a lot of oil, but profits might not materialize.…

• Oil Majors Are Ignoring Climate Targets

  Published 02 November 2019 | viewed 23,538 times

  The carbon bubble “continues to inflate,” according to a new report from Carbon Tracker. And yet no major oil company has aligned its operations with…

• Economic Uncertainty Leaves Oil Markets Paralyzed

  Published 31 October 2019 | viewed 32,318 times

  The Federal Reserve cut interest rates again this week, but signaled that it may be done cutting for the time being. It was the third…

• Why The Latest Keystone Spill Is Disastrous For Canadian Oil

  Published 31 October 2019 | viewed 32,391 times

  The Keystone Pipeline was shut down this week after it ruptured and spilled in North Dakota. TC Energy – formerly known as TransCanada – said…