Tag: stocks

Chemical, Conventional Fuels

Oil prices above $50, buoyed by US stock draw

June 22, 2016


Oil prices rose in early Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks. U.S. crude futures’ August contract, the […]

Chemical, Conventional Fuels

Quarterly coal production lowest since the early 1980s

June 13, 2016

Via: US Energy Information Administration

Coal production in the first three months of 2016 was 173 million short tons (MMst), the lowest quarterly level in the United States since a major coal strike in the second quarter of 1981. Among the supply regions, coal production […]

Commercialization, Conventional Fuels

Brent oil pushes above $50 for first time in nearly 7 months

May 26, 2016


Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last week. Buoyant stock markets also supported prices, with the […]

Commercialization, Conventional Fuels

The Great Energy Boom Of 2016

May 12, 2016

Via: Forbes

Oil prices have gone up over 60% from their low just a few months ago. That’s an astounding result. Some smart traders just got very rich. Why didn’t most investors embrace the oil bull market? Information overload. I predicted an […]

Energy Economics

Oil rebounds on less than expected build in stocks

March 30, 2016


Oil futures rebounded in Asian trade on Wednesday, buoyed by a forecast for a less than expected build in crude oil stockpiles last week. A weakening dollar also lent some support but concern that a two-month rally was fading in […]

Energy Economics

Oil rises in thin Asian trade after break

March 28, 2016

Via: CNBC energy

Oil prices rose on Monday after a three-day break, adding to gains in recent weeks as optimism holds that a production freeze among major producers may be implemented, but volumes were thin as a number of markets remain on holiday […]