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Month: January 2018

Category:
  • Prices

Strong Oil Demand Growth Supports Oil At $70

Although oil prices were down early on Tuesday, with Brent just below the $70 threshold, robust global oil demand growth and continued OPEC-Russia production cuts are currently supporting the price Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple
Category:
  • Prices

Survey reveals expectations of $75 ceiling for oil

Though crude oil prices are up more than 4 percent since the start of January, a survey of North American sentiments forecasts a narrow range. The price of crude oil Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple
Category:
  • Prices

Five Potential Risks to the Oil Rally

Oil prices are trading near three-year highs, but many analysts say the rally may have gone too far, too fast. With Brent crude settling above $70 a barrel on Monday, Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple
Category:
  • Prices

Has Oil Become Overbought?

Strong demand and falling inventories have pushed oil prices to their highest level in years, but this could be a double-edged sword as OPEC members grow tempted to cheat.  The Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple
Category:
  • Prices
  • Transportation

PwC: by 2030, the transport sector will require 138M fewer cars in Europe and US; vehicle stock in China to climb ~50%; traffic to be heavier

Five trends are transforming the automotive industry, according to PWC: electrification, autonomy, sharing, connecting and yearly updating, a combination the consultancy is now labeling “eascy”. In a report exploring the Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple
Category:
  • Oil Supply

Exploration to Increase in 2018 but Investment Constraints Remain

Exploration activity will increase in 2018, but market uncertainty and the need to manage debt levels will remain key constraints to investment. That is the view of oil and gas Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple
Category:
  • Renewables

2018: A Breakout Year For Clean Energy

There was significant progress in the transition to cleaner energy in 2017, and 2018 should see more of the same. New solar installations will top 100 GW this year, with Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple
Category:
  • OPEC

OPEC Under Pressure As Oil Rally Continues

Top OPEC officials surely did not expect such a dramatic run up in prices, at least not this early in the year. Both OPEC and the IEA have forecasted a Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple
Category:
  • Algeria

Exclusive: Vitol to get up to 2 million barrels of crude a month from Algeria

Vitol will get 1.5 to 2 million barrels of crude per month from Algeria’s state oil firm Sonatrach and deliver fuel to the country in exchange, in a rare such Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple
Category:
  • Iraq

Moody’s: Oil is Iraq’s blessing and its curse

 Iraq is one of the few countries assessed where political risk is a real concern for an economy pegged heavily to the price for crude oil, Moody’s said Tuesday Moody’s Continue Reading

Posted On : 17 Jan 2018 Published By : Tom Whipple

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