Pipeline Opponents Need A Shot Of Common Sense
The very word pipeline these days seem to put a lot of people on edge. It has somehow become a synonym of evil. Yet pipelines are simply infrastructure for transporting Continue Reading
Canada’s Trudeau ready to offer aid to ensure pipeline is built
Canadian Prime Minister Justin Trudeau on Sunday moved to end an escalating crisis over a Kinder Morgan Canada Ltd ( KML.TO ) oil pipeline, saying Ottawa was prepared to offer Continue Reading
Syria Conflict: Energy Security Implications
Analysis: US avoids direct Russia confrontation with Syria airstrikes, lowering oil price risk Russia informed of strike targets in advance US officials say attacks ‘one-time shot’ Russia seen unlikely to Continue Reading
Geopolitical Risk Sends Oil Soaring
Oil prices added to their gains on Friday, with Brent holding at multi-year highs. The possible trade war poses a threat to demand, but for now, the market is focused Continue Reading
Oil rises on Syria tensions, up most in week since July
Oil prices rose on Friday, making the largest weekly gain since July, supported by concerns about the possibility of Western military action in Syria and reports of dwindling global oil Continue Reading
China-U.S. Trade Dispute Could Knock Oil Demand, Says IEA
The world’s robust appetite for oil could be significantly dented by the escalating trade dispute between the U.S. and China, the International Energy Agency warned Friday. In its closely watched Continue Reading
Hedge funds cut bullish bets on U.S. crude
Hedge funds and money managers cut their bullish wagers on U.S. crude for the second week in a row, data showed on Friday, even as prices rose amid geopolitical tensions Continue Reading
Signs of balance, or even a deficit, lift oil prices higher
Traders work on the floor of the NYSE at the closing bell at the New York Stock Exchange on Wall Street in New York City on March 22, 2018. Today Continue Reading
Oil markets getting pretty tight, IEA says
It’s possible that the balance between oil supply and demand for the major industrialized economies could slip below the five-year average, the International Energy Agency said Friday. The Organization of Continue Reading
What Happened to the Oil Glut?
A glut of stored oil that helped keep prices low for years is almost gone, thanks to production cuts by OPEC and Russia, a humming global economy and a series Continue Reading