Oil and gas survey reveals fear of oversupply
Most U.S. oil and gas companies plan to at least keep performance stable this year, but a survey reveals concerns of an oversupplied market. File photo by Gary C. Caskey/UPI Continue Reading
An Unsolvable Natural Gas Dilemma
Natural gas isn’t the first thing that comes to mind at the mention of the Netherlands. Clean energy is a more likely association. And yet gas is at the center Continue Reading
France Vows To Shut All Coal-Fired Power Plants By 2021
IN a speech at the World Economic Forum in Davos, pledging that his country will be on the forefront in the global fight against climate change. “I want to make Continue Reading
Texas Oil Economist Predicts Record Output in 2018
Oil production in 2018 is set to break records, according to oil economist Karr Ingham. There were talks of record-breaking oil production in 2018 during the Texas Petro Index (TPI) Continue Reading
Texas Oil Economist Predicts Record Output in 2018
Oil production in 2018 is set to break records, according to oil economist Karr Ingham. There were talks of record-breaking oil production in 2018 during the Texas Petro Index (TPI) Continue Reading
Futures: Crude back on 2014-high on EIA data, weaker US dollar
Front-month ICE Brent and NYMEX crude oil futures spiked overnight, breaching the $70/b and $66/b levels, respectively, and extended their bull run Thursday morning in Asia on a weaker US Continue Reading
Oil hits $71 for first time since 2014 on tighter supply and weak dollar
Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking run of declines in U.S. crude inventories and a weaker Continue Reading
More oil and gas firms expect to hike capital spending in 2018: survey
More global oil and gas firms expect to increase capital spending this year as confidence picks up after crude prices climbed above $70 a barrel in January for the first Continue Reading
What Could Push Oil To $100?
If anyone thought the latest oil market outlooks of the EIA and the IEA are upbeat, here’s an even more upbeat one from Energy Aspects: The consultancy expects crude demand Continue Reading
Why Oil Prices Could Dive
WTI briefly touched $65 per barrel after the EIA reported a surprise drawdown in inventories — the highest price since late 2014. Although the rally hit some stumbling blocks in recent Continue Reading