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Month: September 2016

Category:
  • Climate

Climate change doubled the chances of Louisiana heavy rains, scientists warn

Torrential rains unleashed on south Louisiana in August were made almost twice as likely by human-caused climate change, according to a quick-fire analysis released just weeks after the flood waters Continue Reading

Posted On : 16 Sep 2016 Published By : Tom Whipple
Category:
  • USA

Clinton Versus Trump: The Biggest Difference In Energy Policy

Hillary Clinton emphasizes the importance of increasing the share of renewable energy at the expense of fossil fuels and she acknowledges that climate change is a real issue; whereas, Donald Continue Reading

Posted On : 16 Sep 2016 Published By : Tom Whipple
Category:
  • Norway

Oil downturn nearly over, Norway says

Though crude oil prices aren’t expected to hit the $60 range until 2019, the Norwegian government said its economy has started to move out of a standstill. The Norwegian government’s Continue Reading

Posted On : 16 Sep 2016 Published By : Tom Whipple
Category:
  • Russia

Rosneft to go private by year’s end

Russian oil producer Rosneft is on pace to become a private enterprise by the end of the year, a Russian economic official declared Thursday. The Kremlin has been reviewing privatization Continue Reading

Posted On : 16 Sep 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Holds Below $44 as Libya, Nigeria Seen Adding to Oversupply

Two OPEC nations may boost exports within weeks after conflict Nationwide U.S. crude stockpiles decline 559,000 barrels: EIA Oil held below $44 a barrel amid speculation the global crude glut Continue Reading

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

Oil rises on draw in U.S. crude stocks, but supply worries remain

Oil prices rebounded in early Asian trade on Thursday after falling around 3 percent in the previous session, supported by an unexpected fall in U.S. crude inventories. U.S. crude inventories Continue Reading

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

Oil Edges Up After Selloff

Crude oil prices edged up on Wednesday, buoyed by bargain hunting following a sharp selloff on Tuesday on worries that the global glut could last longer than expected . Brent Continue Reading

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

Fading balance prospects drag on oil prices

Already rattled by end-of-balance sentiments, crude oil prices continued drifting lower in early Wednesday trading on weak European economic data. Reports this week from the Organization of Petroleum Exporting Countries Continue Reading

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

The Worst Oil Crisis Ever? IEA Sees Unprecedented Decline In Investment

The oil bust has created the longest period of declining investment in the global energy industry in nearly half a century, according to a new report from the International Energy Continue Reading

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

Goldman’s Currie Sees Oil Staying Below $50 as Surplus Lingers

Worldwide market ‘really looks similar’ to early 1990s Capex cuts by oil companies won’t affect capacity till 2020 Don’t count on a big rally in crude oil, said Jeff Currie, Continue Reading

Posted On : 15 Sep 2016 Published By : Tom Whipple

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