US coal exports higher in November, including China-bound cargoes
US coal exports totaled 5.95 million mt in November, up 34.8% from the prior month and up 39.2% from the year-ago month, US Census data showed Friday. The month also Continue Reading
Top Ten Weather Events of 2016: #1 is No Surprise; #2 Will Surprise You | Category 6™
The top weather story of 2016: Earth had its warmest year on record (again!) While the final numbers are not officially tabulated, 2016 appears certain to be the warmest year Continue Reading
The crack in this Antarctic ice shelf just grew by 11 miles. A dramatic break could be imminent.
An enormous rift in one of Antarctica’s largest ice shelves grew dramatically over the past month, and a chunk nearly the size of Delaware could break away as soon as Continue Reading
Oil steady after gains on Saudi output cuts
Oil prices were little changed on Friday after gaining nearly 1 percent the day before on news that Saudi Arabia had cut production to meet OPEC’s agreement to reduce output. Continue Reading
Oil dips on doubts over touted production cuts
Oil prices dipped on Thursday on doubts producers would fully deliver on promises to cut output, although record U.S. automobile sales and falling crude stocks offered markets some support. Brent Continue Reading
The Bad News Continues For Offshore Oil And Gas
The oil price bust, which resulted from the global crude oil glut, has created yet more oversupply, this time in the offshore industry, where a rig and vessel glut is Continue Reading
OPEC oil output falls from record high ahead of planned cuts: Reuters survey
OPEC’s oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey found on Thursday, helped by attacks on Nigeria’s oil industry Continue Reading
The Oil Trade Showing Where OPEC’s Cuts Are Starting to Bite
As OPEC starts to make its production cuts work, the true impact of its actions is perhaps most in evidence in an obscure part of the physical oil market. While Continue Reading
Will OPEC Deliver Its Output Cut Deal? Here’s How We’ll Know
The promise of production cuts from OPEC and its partners sent oil rallying in 2016. Now traders want proof they’re delivering on those vows. It won’t come easy. The challenge: Continue Reading
Iraq begins reducing oil output in keeping with OPEC decision: minister
Iraq has begun implementing measures to reduce national oil output in keeping with an OPEC decision, the oil minister said on Thursday. “Iraq affirms its commitment to the OPEC decision Continue Reading