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Tag: oil


Commercialization, Conventional Fuels

Bond markets are flashing red and an oil plunge could only make things worse

December 7, 2018

Via: CNBC energy

Stock markets have been gripped with fear this week over a deteriorating economic growth outlook and questions regarding the U.S.-China trade truce. While investors have typically pointed to the yields on different U.S. government bonds for warning signs on growth, […]


Commercialization, Conventional Fuels

Despite Qatar’s Exit, OPEC+ Still Holds The Oil Price Cards

December 6, 2018

Via: Forbes

Monday’s announcement by Qatar that it is leaving OPEC does not spell the end of that organization, or really do it much harm. But, coming as it does on the heels of the recent 30% drop in global crude prices, […]


Chemical, Conventional Fuels, News and Policies, World

Cutting output by even 1 barrel is ‘a red line’ for Iran, oil minister says

December 6, 2018

Via: CNBC energy

Iran is refusing to cut its oil production at the latest OPEC meeting, saying it is a “red line” for the Islamic Republic. “It’s a red line for Iran to reduce its production, to contribute to a new cut in […]


News and Policies, World

OPEC Expected To Curb Output, But By How Much?

December 5, 2018

Via: Forbes

Ministers from the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC partners like Russia descend on Vienna this week with the idea of taming an oil market whipsawed by extreme volatility. But any notion that the cartel can successfully “manage” […]


News and Policies, World

Qatar quitting OPEC means the oil cartel is now just a ‘two-member organization,’ oil analyst says

December 3, 2018

Via: CNBC energy

The future of OPEC is on shaky ground, an analyst told CNBC on Monday, after Qatar abruptly announced it would sever ties with the influential oil cartel after almost six decades. Qatar’s Energy Minister Saad al-Kaabi said at a news […]


News and Policies, World

OPEC meeting marks the ‘toughest test yet’ for Saudi-Russia energy alliance, analysts say

November 30, 2018

Via: CNBC energy

The energy alliance between OPEC kingpin Saudi Arabia and non-OPEC heavyweight Russia faces its “toughest test yet” next week, analysts have told CNBC, ahead of a much-anticipated meeting between the influential oil cartel and its allies. OPEC and non-OPEC members […]


Chemical, Conventional Fuels

Looking For Open Standards In Oil And Gas Automation

November 30, 2018

Via: Forbes

As part of its drive to improve operational efficiency the oil and gas sector has been looking at standardization as a vital tool. There has been good progress in several areas, but one key segment of the industry is lagging, […]


Commercialization, Conventional Fuels

Yes, It Is Possible For Oil Prices To Be Too Low

November 28, 2018

Via: Forbes

How low does President Donald Trump want oil prices to go? It’s become a crucial question for global oil markets and the U.S. oil industry after the president cheered the recent plunge to $50 a barrel, the lowest level since […]


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 […]


Energy Economics, News and Policies, U.S.

Trump’s Trade Policies Could Soak The U.S. Oil And Natural Gas Industries

November 13, 2018

Via: Forbes

When Donald Trump ran for the presidency on the slogan of “America First,” he either failed to consider or failed to convey the global realities in which we live: free trade is integral to global commerce, especially for U.S. oil […]


Chemical, Conventional Fuels, News and Policies, World

Ahead Of Trump-Xi Meeting, Record-Setting Oil Exports To China At Zero For 2nd Month

November 12, 2018

Via: Forbes

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 […]


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 […]


News and Policies, World

China And United States Need Each Other

November 9, 2018

Via: Forbes

In a fungible global energy market, China does not “need” the United States, nor does the United States necessarily “need” China. America’s oil and natural gas producers can find willing buyers elsewhere and China has no shortage of options when […]