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Month: August 2017

Category:
  • Prices

Geopolitical tension in the driver’s seat for oil prices

Crude oil prices were on solid black territory in early Wednesday trading as geopolitical tensions escalated between the United States and North Korea . Crude oil prices drifted into negative Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s neighbours try to put financial pressure on Maduro

In a move that may have significant economic repercussions, a group of 12 countries from across the Americas refused on Tuesday to recognise Venezuela’s new constituent assembly or any laws Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple
Category:
  • China
  • Climate

China’s smog crackdown roils niche commodities markets

China’s push for blue skies is roiling supplies and boosting prices of key raw materials from soymeal to ferroalloys as the government ramps up smog checks and forces some factories Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple
Category:
  • LNG
  • USA

U.S. could be world’s No. 3 LNG exporter

The potential exists for the United States to become the third-largest exporter of liquefied natural gas in a few short years, a federal report finds. Photo courtesy of Cheniere Energy Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple
Category:
  • Coal
  • USA

Coal production gains slowing, U.S. report finds

Coal is in the rise in the first months of the Trump presidency, but renewable energy showing momentum in its own right. File photo by Kevin Dietsch/UPI Aug. 9 (UPI) Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Continental Resources says it will do more with less

Continental Resources, one of the larger U.S. shale players, said it would be cash neutral in the current market, but raised its forecast for annual production. Continental is active in Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Investors Question Oil Output in Permian Basin, America’s Fastest-Growing Field

Investors helped turn West Texas’ Permian Basin into America’s fastest-growing oil field, but their confidence is cracking over whether drillers can keep production rising.  Questions mounted last week after Pioneer Natural Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple
Category:
  • Climate
  • USA

It wasn’t even a hurricane, but heavy rains flooded New Orleans as pumps faltered

After Hurricane Katrina destroyed his house and forced him to flee to nearby Baton Rouge, Ronald Williams spent a dozen years waiting for the right time to go home. Seven Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Summary of Weekly Petroleum Data for the Week Ending August 4, 2017

U.S. crude oil refinery inputs averaged 17.6 million barrels per day during the week ending August 4, 2017, 166,000 barrels per day more than the previous week’s average. Refineries operated Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple
Category:
  • Electric Cars
  • Renewables

Tech Guru Unveils New Battery To Challenge Lithium-Ion

The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies. Continue Reading

Posted On : 10 Aug 2017 Published By : Tom Whipple

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