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Month: June 2016

Category:
  • Prices

Oil Prices Continue to Decline, Despite IEA Report

Oil prices fell Tuesday, pushed lower for the fourth consecutive day as market sentiment continued to turn, despite a bullish report from the International Energy Agency. The global benchmark, Brent, Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Prices

Oil falls as Brexit threat rattles markets

Oil fell on Tuesday, as investor nervousness over next week’s vote on Britain’s possible European Union exit swept financial markets, eclipsing signs of a return to health for crude prices. Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Prices

Natural Gas Rises on Demand Expectations

Natural gas rose Tuesday to the second-highest level of the year on expectations of rising demand. Prices have surged 14% in June as traders bet that summertime heat will boost Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Prices

U.S. oil falls to three-week low on inventory gains, Brexit fears

Crude futures fell on Wednesday as mounting concerns about Britain’s possible exit from the European Union and a surprise build in U.S. inventories left investors ignoring an IEA declaration that Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • IEA

Global Oil Markets to Balance Out, IEA Says

The Syncrude Canada Ltd. refinery, Alberta. The IEA said unplanned shut-ins in Canada will help… Global oil markets are moving close to balance in the second half of this year Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Renewables

World Bank finds cash moving to renewables

Investments in renewable energy made up more than half of all private investments last year, signaling a low-carbon shift is under way, the World Bank said. A report from the Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • IEA

IEA sees oil market balance in 2016, surplus to re-emerge next year

The oil market is now in balance thanks to unplanned outages and robust demand, particularly from emerging economies, but this equilibrium will tilt into surplus again early next year, the Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • IEA
  • Oil Supply

IEA Report Sees Global Oil Supply Fall

According to the June IEA report, the global oil supply overall was down 0.8 mb/d for last month, due to outages in both OPEC and non-OPEC nations. Output was at Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Oil Supply
  • Prices

At $50/barrel, oil risks ‘reverse Goldilocks’ syndrome

Oil’s battle to reclaim $50 a barrel may have left it in a sticky situation, where the price is too low to lure fresh investor bulls and too high to Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple
Category:
  • Nuclear

Uranium Prices Set To Double By 2018

Uranium Mine With prices set to double by 2018, we’ve seen the bottom of the uranium market, and the negative sentiment that has followed this resource around despite strong fundamentals, Continue Reading

Posted On : 15 Jun 2016 Published By : Tom Whipple

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