Oil Prices Hold Steady As U.S. Oil Rig Count Rises
The number of active oil and gas rigs in the United States was flat this week overall, after gaining 505 rigs in the last 12 months. But on the oil Continue Reading
Oil Prices Notch Fifth Day of Gains
Oil prices rose for a fifth straight day Friday, as the U.S. dollar weakened and investors focused on signs of an easing supply overhang. U.S. crude futures settled up 46 Continue Reading
Brent and WTI crude oil prices expected to average about $50 per barrel through 2018
Source: U.S. Energy Information Administration, Short-Term Energy Outlook, July 2017 Note: Confidence interval derived from options market information for the five trading days ending July 6, 2017. Intervals not calculated Continue Reading
Future Of Energy: The Big Picture
Summary Overview of factors involved in determining energy prices. How the various factors influence supply and demaind. Major shifts coming in the energy sector. A low risk, long-term investment in Continue Reading
Oil dips on ample supply despite OPEC pledge to cut output
Oil markets dipped on Friday, pulled down by high fuel inventories and improving industry efficiency, but were still on track for a solid weekly gain. Brent crude futures LCOc1, the Continue Reading
Oil Bosses See More Pain as Price Recovery Slips to 2020
Three years into the biggest oil downturn in a generation, industry bosses see the recovery slipping further from view. It could easily take until the end of the decade for Continue Reading
IEA: Market Shows Waning Confidence In Oil Rebalancing
The rebalancing of the oil market is taking too long, the International Energy Agency (IEA) said in its Oil Market Report on Thursday. Since the record net long position that Continue Reading
Is Solar Reliable When Grids Are Stressed?
If you want more solar BTUs for your buck, track the sun. This generally means the array is on the ground since very few homes are set up for rooftop Continue Reading
Oil Prices Drop After Production Increase – WSJ
Crude futures prices fell Thursday as increased global oil production overshadowed news of declining inventories and a prediction of higher global demand. Oil was hit as investors continued to digest news from Wednesday of Continue Reading
Oil prices dip as IEA sees waning compliance with OPEC cuts
Oil prices fell on Thursday on worries about oversupply as the world’s energy watchdog warned that a long-awaited market rebalancing could be delayed due to weak compliance with production cuts Continue Reading