Category: Conventional Fuels

November 21, 2018

Oil bounced above $63 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. crude inventories. The American Petroleum Institute (API) said on Tuesday that […]

November 19, 2018

For those who think – or hope — we’re nearing the end of the age of oil, look no further than today’s media preoccupation with whether or not Saudi Arabia might cut production to manipulate price upwards. The enduring issue, […]

November 16, 2018

How quickly things can change in oil markets. A month ago the industry was fixated on Iran sanctions, possible supply shortages and a lack of global spare production capacity — issues that drove benchmark Brent oil prices over $86 a […]

November 15, 2018

The U.S. Nuclear Regulatory Commission has approved the use of Mitsubishi Electric Total Advanced Control (MELTAC) Nplus S digital safety system controllers in U.S. nuclear power plants. While new to the U.S. industry, Mitsubishi said the MELTAC system is already […]

November 15, 2018

The analysis finds a market in conflict: clean energy goals are driving nations toward wider adoption of natural gas as a lower emission fuel source while technology and political factors create market uncertainty. Surging global interest in gas-to-power projects is […]

November 14, 2018

Wow! Natural gas prices have hit $4/Mcf for the first time since, well, a few days in January, but they have been at or near $3/Mcf for most of the past five years, so the possibility of a “recovery” in […]

November 12, 2018

For 2nd month in row, and ahead of Trump-Xi meeting this month, US oil exports to China at zero following $1B record. For the second month in a row and just three months after topping $1 billion and setting a […]

November 9, 2018

So, U.S. sanctions on Iran were fully implemented on Monday, fully but not completely, rather as Miracle Max in “The Princess Bride” says “mostly dead is a little alive.” Waivers were granted to eight major customers of Iran that will […]

November 7, 2018

As the U.S. seeks to make a bigger splash into the global LNG export business, we can be sure of one thing: stiff competition persists. With the highest GDP per capita, “The Richest Country in the World” Qatar has been […]

November 6, 2018

A U.S. economic sledgehammer is falling on the Islamic Republic of Iran and global energy markets couldn’t care less – at least for now. Brent crude oil futures are up a meager $0.62 from their $72.61 open – bringing the […]

November 5, 2018

Nuclear energy produces carbon-free electricity, and the United States has used nuclear energy for decades to generate baseline power. Nuclear energy, however, carries a dreaded stigma. After disasters such as Chernobyl, Three Mile Island, and Fukishima, the public is acutely […]

November 2, 2018

Chevron reported quarterly earnings that beat analysts’ expectations on Friday, as record-setting oil and gas production boosted the company’s bottom line. Shares of the oil major were more than 2 percent in premarket trading. Chevron posted a profit of $4.05 […]

November 2, 2018

The oil market faces a precarious few months. The imposition of U.S. secondary sanctions on Iranian exports on November 5 is the critical factor behind Brent’s rally to more than U.S.$80 a barrel in October. There’s enough supply to meet […]

November 1, 2018

With U.S. sanctions on Iran coming next week, oil remains the talk of the energy world. And that makes sense: oil is the engine of global economic growth, supplying 35% of all energy used. One of the great misconceptions today […]

October 31, 2018

Energy expert John Kilduff sees an unusual phenomenon affecting crude oil and beaten-down stocks. According to the Again Capital founding partner, oil and stocks have embarked on the closest trading relationship since early 2016 and during the financial crisis sell-off. […]