No Pressure Release for Natural Gas
Baker Hughes is scheduled to report its drilling-rig count Thursday. The market needed another hole in the ground like it needed a hole in the head. When Baker Hughes Inc. Continue Reading
Russian Manufacturing Fell in December Amid Resumed Drop in Oil
Russia’s manufacturing industry contracted in December, halting a two-month recovery as falling oil prices threaten to extend the country’s recession into a second year. The Purchasing Managers’ Index fell to Continue Reading
A Sunny Future for Utility-Scale Solar
Utility-scale solar and distributed solar both have an important role to play in reducing greenhouse emissions, and both have made great strides in the past year. Utility-scale solar, the focus Continue Reading
El Nino weather ‘could be as bad as 1998’, says Nasa
The US space agency Nasa has warned that the effects of the current El Nino weather phenomenon could be as bad as those of 1998, the strongest on record. That Continue Reading
10 Big Stories News Media Ignored in 2015
When Sonoma State University professor Carl Jensen started looking into the new media’s practice of self-censorship in 1976, the Internet was only a dream and most computers were still big Continue Reading
Supply outlook clouds crude’s rally
Oil’s pre-Christmas rally fizzled out as concerns about the increased supply from Iran and weaker demand in Europe weighed on prices. Reports that the Iran nuclear deal was on track Continue Reading
Crude Prices Rise on U.S. Export Prospects
Crude prices were up Tuesday with the U.S. benchmark West Texas Intermediate moving higher than its global counterpart Brent because of the prospect of the first shipment of crude being Continue Reading
Oil hovers near 11-year lows on abundant supply, slowing demand
Oil prices steadied not far off their 11-year lows on Tuesday, under pressure from slowing global demand and abundant supplies, with Saudi Arabia signaling no change to its oil policies Continue Reading
Oil Prices Slip After Dour Economic Data from Japan
Oil prices fell Monday as disappointing economic data from Japan helped reinforce fears that the world’s glut of crude won’t ease soon. Light, sweet crude for February delivery lost $1.29, Continue Reading
Brent, U.S. crude oil prices battle for premium in weakening market conditions
International Brent and U.S. crude oil futures battled for a premium on Monday but both benchmarks fell in a market in which there is no end in sight for oversupply Continue Reading