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Category: Commercialization


Commercialization, Conventional Fuels

Oil bounces above $63 after slide, but glut worries persist

November 21, 2018

Via: CNBC energy

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 […]


Commercialization, Conventional Fuels

Saudi Arabia And The Future Of Oil Prices: Look To What Robots Will Do, Not What Trump Tweets

November 19, 2018

Via: Forbes

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, […]


Commercialization, Conventional Fuels

The Quickly Changing Global Oil Markets

November 16, 2018

Via: Forbes

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 […]


Commercialization, Conventional Fuels

Is The Natural Gas Price Spike Sustainable?

November 14, 2018

Via: Forbes

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 […]


Commercialization, Conventional Fuels

U.S. Sanctions Against Iran Might Not Prove Important To Oil Markets

November 9, 2018

Via: Forbes

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 […]


Commercialization, Conventional Fuels

Oil Markets Yawn As Iran Sanctions Come Into Effect

November 6, 2018

Via: Forbes

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 […]


Commercialization, Conventional Fuels

Chevron shares jump 2% as quarterly profit doubles, oil and gas output hits record

November 2, 2018

Via: CNBC energy

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 […]


Commercialization, Conventional Fuels

Could Brent Spike to U.S.$100 a barrel?

November 2, 2018

Via: Forbes

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 […]


Commercialization, Conventional Fuels

Crude oil is doing something it hasn’t done in years

October 31, 2018

Via: CNBC energy

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. […]


Commercialization, Conventional Fuels

In natural gas markets, winter is coming

October 30, 2018

Via: International Energy Agency

Natural gas importers across the globe are looking at the next few months with similar anticipation as fans of the next season of Game of Thrones. In both cases, winter is coming. The prospects of a natural gas glut, which […]


Commercialization, Conventional Fuels, News and Policies, World

Trump’s Sanctions On Iran Just Handed A Big Victory To Russia

October 30, 2018

Via: Forbes

Who most benefits from US sanctions on Iran? Is it Saudi Arabia? Israel? Perhaps the United Arab Emirates? Try Russia. By weakening Iran, the sanctions cede Russia the power to balance crude oil markets. That’s because OPEC needs big producers […]


Commercialization, Conventional Fuels

Is $100 Oil Inevitable?

October 29, 2018

Via: Forbes

“Rising oil prices are prompting forecasts of a return to $100 a barrel for the first time since 2014, creating both winners and losers in the world economy.” The media is full of stories predicting that the oil price will […]


Commercialization, Conventional Fuels

North Sea Oil And Gas Exploration Still Attracting Billions Of Investment Dollars

October 29, 2018

Via: Forbes

Stories about the demise of North Sea oil and gas exploration are aplenty. The mature prospect peaked in 1999 and admittedly its heyday has come and gone. However, every single prediction about its end of life date has been wrong. […]


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

Oil falls as Saudi and Russia quietly agree to output rise, US stocks swell

October 4, 2018

Via: CNBC energy

Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output. Brent crude oil futures were […]


Commercialization, Conventional Fuels

Natural Gas Prices Rise On The ‘Elephant In The Room’

October 4, 2018

Via: Forbes

Despite the Autumn shoulder season being in full force, natural gas prices have been continuing their rise, with prompt month prices up 34 cents, or 12%, to today’s close at $3.24 per MMBtu since September 19. We’ve blown past important […]