Tag: oil soars

Commercialization, Conventional Fuels

As oil soars, strange market anomaly points to even more gains

May 17, 2018

Via: CNBC energy

An anomaly is taking shape in the oil market — one that suggests the sheer force behind the recent rally. Paul Hickey, who runs independent research firm Bespoke Investment Group, says WTI crude is surging in an atmosphere that isn’t […]

Chemical, Conventional Fuels

Will the new shale surge wreck the rebalancing?

March 9, 2018

Via: Petroleum Economist

As tight oil soars, producers should welcome the retreat in prices. Cheaper oil is the best chance to bring back market equilibrium No one should doubt Opec and its partners’ success. They have beaten expectations on compliance with the cuts […]