Can Europe’s Largest Economy Survive Without Coal?
One of the greatest moral dilemmas that has been creeping into the everyday activities of specialists working with coal, oil and in some cases even gas (despite its being perceived Continue Reading
Gloomy services outlook pushes down German business morale
German business morale deteriorated unexpectedly in January as the outlook for services darkened, a survey showed on Monday, suggesting that Europe’s largest economy got off to a slow start in Continue Reading
Brent logs worst weekly loss in a year as China virus fears swell
Crude prices sank more than 2% on Friday and Brent logged its biggest weekly decline in more than a year as concerns that a coronavirus will spread farther in China, Continue Reading
China Virus Fears Send Oil Prices Even Lower
Oil prices were down early on Friday for a fourth consecutive session, as fears of the deadly Chinese virus spreading and concerns about oil demand trumped supply outages and set Continue Reading
Oil Bears Are Back As Demand Fears Go Viral
Pessimism has returned to oil markets, with Brent testing the $60-per-barrel threshold. Friday, January 24th, 2020 WTI fell below $55 per barrel in early trading on Friday, and Brent was Continue Reading
Predicting The Bounce In Crude Oil
To riff on an old joke about comedy, the secret to success in trading is ………….. timing. It is sometimes hard for people to grasp, but what you buy or Continue Reading
Why $40 Oil Is A Real Possibility
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to finish the week sharply lower as well as natural gas futures which pierced the psychological Continue Reading
How Low Will The Coronavirus Send Oil Prices?
A number of developments this week, including Haftar’s actions in Libya, would normally have moved oil markets significantly, but in today’s market, it is only those that are to do Continue Reading
Speculators Are Dragging Down Natural Gas
1. China and India drive oil demand – The story of oil demand growth is really a story about Chin and India. Together, they account for more than half of Continue Reading
Non-OPEC Production Growth is Struggling
A Post by Ovi at peakoilbarrel. Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Continue Reading