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Category: Commercialization


Commercialization, Conventional Fuels

OPEC chief says global oil demand will pass 100 million barrels per day by 2020

October 19, 2017

Via: CNBC energy

OPEC General Secretary Mohammad Barkindo said Thursday that oil markets are rebalancing at “an accelerating rate” and that he foresaw “no peak” for oil demand for “the considerable future.” Speaking at the Oil & Money conference in London, Barkindo said […]


Commercialization, Conventional Fuels

Oil will crash to $10 a barrel with electric vehicle revolution, strategist says

October 13, 2017

Via: CNBC energy

Oil prices are poised to crash to just $10 per barrel over the next six to eight years as alternative energy fuels continue to attract more and more investors, Chris Watling, chief executive of Longview Economics, told CNBC on Friday. […]


Commercialization, Conventional Fuels

OPEC pumped at the second-highest level this year in September, raises oil demand forecast again

October 11, 2017

Via: CNBC energy

OPEC’s production hit the second highest monthly level this year in September, returning to growth after the oil cartel’s output fell for the first time in five months in August. On a more bullish note, the producer group on Wednesday […]


Commercialization, Conventional Fuels, News and Policies, U.S.

US gas bulls beware

September 15, 2017

Via: Petroleum Economist

US gas production has been stronger than expected. The market will be hoping for a scorching summer and a quick ramp up of LNG facilities The market has turned against US gas price bulls, again. Production is rising again from […]


Commercialization, Conventional Fuels

Technical Research on Independent Oil & Gas Equities — Noble Energy, Newfield Exploration, SM Energy, and Sanchez Energy

September 8, 2017

Via: PR Newswire

If you want a Stock Review on NBL, NFX, SM, or SN then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. MarketWatch reported that U.S. oil prices closed lower Thursday after the U.S. government reported […]


Commercialization, Conventional Fuels

Oil firms as US Gulf refineries restart, dollar softens

September 7, 2017

Via: CNBC energy

Brent oil prices firmed on Thursday, hovering near 3-1/2-month highs as U.S. refiners restarting after Tropical Storm Harvey increased their crude processing and the U.S. dollar declined. Brent crude futures were up 39 cents at $54.59 a barrel by 0921 […]


Commercialization, Conventional Fuels

Oil prices rise as Hurricane Harvey heads for US Gulf coast

August 25, 2017

Via: CNBC energy

Oil prices rose on Friday as the U.S. petroleum industry prepared for potential output disruptions as Hurricane Harvey headed for the heart of the nation’s oil industry in the Gulf of Mexico. The storm has rapidly intensified since Thursday, spinning […]


Commercialization, Conventional Fuels

Oil steady as market conditions tighten despite rising US output

August 21, 2017

Via: CNBC

An oil pump jack in the oil town of Gonzales, Texas. Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed on hopes the market will tighten after a 13 percent […]


Commercialization, Conventional Fuels

Oil prices fall amid broader market selloff, despite tightening supplies

August 18, 2017

Via: CNBC

Oil prices fell early on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, the international benchmark for oil prices, were at $50.93 per barrel at 0031 GMT, down […]


Commercialization, Conventional Fuels

Oil edges up on falling US crude stocks

August 16, 2017

Via: CNBC

Oil prices edged up on Wednesday, lifted by declining U.S. crude inventories, although markets were still restrained by excess supply. Market focus was turning to the release of official U.S. Energy Information Administration data later on Wednesday for a further […]


Commercialization, Conventional Fuels

Oil prices jump on possible US shale slowdown

July 26, 2017

Via: American Energy News

Oil prices rose 3.3 per cent on Tuesday to the highest close in over a month one day after Anadarko reported it will cut capital spending plans and Saudi Arabia pledged to cut its exports to help tackle to global […]


Commercialization, Conventional Fuels

Will U.S. Liquefied Natural Gas Find A Market In Asia?

July 24, 2017

Via: Forbes

The short answer to the question posed is…yes….it already has. After 18 months of exporting, some 35% of all U.S. LNG has reached Asia. It’s clear that the Asian giants want to reduce their coal over-reliance by using more natural gas. I’ve documented […]


Commercialization, Conventional Fuels

Oil dips on ample supply despite OPEC pledge to cut output

July 14, 2017

Via: CNBC

Oil markets dipped on Friday, pulled down by high fuel inventories and improving industry efficiency, but were still on track for a solid weekly gain. Brent crude futures, the international benchmark for oil prices, were down 7 cents, or 0.1 percent, […]


Commercialization, Conventional Fuels

Oil prices up on release of European storage data

July 12, 2017

Via: American Energy News

Oil prices, gasoline and heating oil futures regained some lost ground on Tuesday after a report showed European stockpiles dropped last month, signalling to analysts that the market may be healthier than many believed. According to data from Euroilstock, European […]


Commercialization, Conventional Fuels

Shale Gas Is Not A Revolution

July 6, 2017

Via: Forbes

Shale gas is not a revolution. It’s just another play with a somewhat higher cost structure but larger resource base than conventional gas. The marginal cost of shale gas production is $4/mmBtu despite popular but incorrect narratives that it is […]