Russia To Outperform China And Outlive Sanctions In 2017
A very busy year The last year was kind to Rosneft. Even with continuous low oil prices and the Western sanctions, the Russian state-owned oil giant signed a landmark refinery Continue Reading
This “Rogue” Oil & Gas Nation Just Set A Slew Of Output Records
With 2016 now closed out, we’re getting the first looks at year-end data. And numbers from one nation in the energy space have been particularly eye-catching this week. Russia. Over Continue Reading
Why Russia Expects $40 Oil This Year
Budget deficit is a fascinating thing. It can turn around economies if it’s large enough or it can highlight their resilience, if it turns out to be not as large Continue Reading
Russia To Outperform China And Outlive Sanctions In 2017
The last year was kind to Rosneft. Even with continuous low oil prices and the Western sanctions, the Russian state-owned oil giant signed a landmark refinery and supply deal with Continue Reading
Oil prices edge up as dollar retreats from 14-year high
Oil prices edged up on Wednesday, recovering some losses from the previous day when the U.S.-dollar hit a 14-year peak and weighed on crude markets. U.S. West Texas Intermediate (WTI) Continue Reading
Brent Crude Hits 17-Month High on Output Cuts
Oil futures began the year with a jolt Tuesday, with Brent hitting a more-than one-year high, boosted by anticipation the production cuts agreed late last year would kick in and Continue Reading
Oil Climbs to 18-Month High as Kuwait and Oman Fulfill OPEC Cuts
Oil climbed to an 18-month high in New York as output cuts by Kuwait and Oman signaled OPEC and its partners are delivering on their agreement to stabilize the market. Continue Reading
Oil in 2017 seen capped below $60/barrel by strong dollar, U.S. shale
Oil prices will gradually rise toward $60 per barrel by the end of 2017, a Reuters poll showed on Thursday, with further upside capped by a strong dollar, a likely Continue Reading
Oil prices rise as markets eye OPEC, non-OPEC production cuts
U.S. oil prices rose in the first trading hours of 2017 on Tuesday, buoyed by a deal for OPEC and non-OPEC production cuts which kicked off on Sunday. U.S. benchmark Continue Reading
Solar Could Beat Coal to Become the Cheapest Power on Earth
Solar Could Beat Coal to Become the Cheapest Power on Earth Solar power is now cheaper than coal in some parts of the world. In less than a decade, it’s Continue Reading