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Tag: oil prices


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, […]


News and Policies, World

Saudi Arabia is slashing oil shipments to US, a tactic that boosts prices and may rile Trump

November 16, 2018

Via: CNBC energy

Saudi Arabia is slashing shipments of crude to the United States, a move that appears calibrated to boost oil prices after a swift and punishing sell-off. The move could put the kingdom at loggerheads with President Donald Trump, who wants […]


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 […]


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

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, 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. […]


Chemical, Conventional Fuels

IEA: Oil recovery lulls producer nations into economic stupor

October 26, 2018

Via: Petroleum Economist

The return of oil prices to levels more redolent of the pre-2014 era has given the world’s leading oil producing nations some economic respite. But new industry analysis warns they are inviting economic disaster by relying on hydrocarbons income in […]


Chemical, Conventional Fuels

Saudi Arabia Proves That Oil Is Power

October 24, 2018

Via: Forbes

According to the 2018 BP Statistical Review of World Energy, in 2017 Saudi Arabia produced 12 million barrels of oil per day. That accounted for 12.9% of the world’s oil production, which is in the range of the world’s two […]


News and Policies, World

U.S.-Saudi Relations Stress Tested By Khashoggi Crisis

October 22, 2018

Via: Forbes

The grizzly death of Saudi dissident and Washington Post columnist Jamal Khashoggi is putting the U.S. – Saudi relationship – and global oil markets – to the test. Khashoggi’s murderers must be severely punished. The Trump Administration needs to make […]