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Tag: oil


Commercialization, Conventional Fuels

Oil prices have been given a boost, but they could struggle to head higher

May 22, 2018

Via: CNBC energy

Oil prices have climbed in recent weeks, but whether that rise will continue for longer could be in doubt. “On a 12-month basis, which is the horizon we take, we think we’re more likely to be in sort of a […]


Commercialization, Conventional Fuels

Average price of US gas jumps 10 cents to $3 a gallon

May 21, 2018

Via: CNBC energy

The average price of regular-grade gasoline in the U.S. jumped 10 cents a gallon over the past two weeks to $3. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price has spiked 41 cents over the […]


Commercialization, Conventional Fuels

As oil soars, strange market anomaly points to even more gains

May 17, 2018

Via: CNBC energy

An anomaly is taking shape in the oil market — one that suggests the sheer force behind the recent rally. Paul Hickey, who runs independent research firm Bespoke Investment Group, says WTI crude is surging in an atmosphere that isn’t […]


Commercialization, Conventional Fuels

Oil prices could rise to $85 a barrel by July, warns energy expert Dan Yergin

May 16, 2018

Via: CNBC energy

Oil prices may continue to rally past three-and-a-half year highs and all the way to $85 a barrel as soon as July, according to Pulitzer Prize-winning author and closely followed energy analyst Dan Yergin. Prices in the oil market have […]


Commercialization, Conventional Fuels

The Most Underappreciated Story In The Oil Market

May 15, 2018

Via: Energy Collective

The key oil demand growth center—China—has just beaten its own imports and refinery runs records, as refined oil product exports jump and domestic crude oil production hits seven-year-lows. While all eyes are riveted on Iran and the Middle East, the […]


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

The Oil And Gas Situation: Four Big Factors Influence U.S. Oil Markets

May 14, 2018

Via: Forbes

Here are four big factors influencing the domestic oil and gas industry as the week begins: The rig count continues to escalate steadily. The DrillingInfo daily rig count sits at 1105 as of May 13, up 25 from two weeks […]


News and Policies, World

Trump’s Iran Sanctions to Shake Up Oil Supply Lines

May 9, 2018

Via: WSJ Business

Washington’s decision to reinstate Iranian sanctions is likely to slowly cut off a chunk of the world’s crude supply—a shift that could redraw global supply lines and require Iran’s big customers to find alternative sources. The Trump administration’s move rattled […]


Commercialization, Conventional Fuels

Average gas price jumps to $2.90 a gallon

May 7, 2018

Via: CNBC energy

The average price of regular-grade gasoline in the U.S. rose 7 cents a gallon over the past two weeks to $2.90, the 10th week straight of increases. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the jump […]


Chemical, Conventional Fuels

Commentary: Quality vs Quantity – Are global refiners ready for US shale exports?

May 7, 2018

Via: International Energy Agency

The growth of oil production from the United States has led to fundamental changes in global oil markets in recent years. Thanks to the shale revolution, the United States is becoming the world’s top oil producer. Growth is led by […]


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

Yes, Americans Still Love Gasoline

May 4, 2018

Via: Forbes

With California and 16 other states suing EPA, Tesla’s electric vehicles non-stop in the news, and prices now reaching four year highs, gasoline is clearly on our minds. Gasoline you should know accounts for 15-17% of total U.S. energy demand, […]


Commercialization, Conventional Fuels

Oil demand (and prices) set to drop dramatically as new technologies take hold

May 3, 2018

Via: CNBC energy

Since the dramatic and unprecedented advances in production and manufacturing of the Industrial Revolution from the late 1700s to the early 1900s, humans have been digging up coal, oil and gas for energy. Except for the introduction of nuclear power […]


Commercialization, Conventional Fuels

U.S. Oil Market Update, Early-May 2018

May 2, 2018

Via: Forbes

With the geopolitical risk factor firmly reinstalled into the market, oil prices have risen to four-year highs. Gasoline prices are up nearly 20% in the past year! This is noteworthy because U.S. oil (and gas) production has been soaring to […]


Commercialization, Conventional Fuels

Oil Prices Spike As OPEC Compliance Hits New Record

May 1, 2018

Via: Energy Collective

The production losses in Venezuela are not a surprise. Output has plunged below 1.5 mb/d, down 600,000 bpd since 2016. The country is in crisis and the recent crackdown on Chevron employees in the country presages more production declines, particularly […]


Commercialization, Conventional Fuels

Is $80 Oil The New Target Price?

April 26, 2018

Via: Forbes

It’s necessary to scrutinize the talk that some OPEC members, and particularly Saudi Arabia, want to see oil prices at $80 or $100 a barrel, reversing a longstanding tradition of emphasizing market share over short-term revenues. Without question, the Saudi […]


Commercialization, Conventional Fuels

Markets Ignore President Trump’s Anti-OPEC Rhetoric At Their Own Peril

April 25, 2018

Via: Forbes

Sometimes a tweet is just a tweet. But with the current president of the United States, you never know. That’s why oil markets shouldn’t ignore President Trump’s recent anti-OPEC missive on Twitter. “Looks like OPEC is at it again. With […]