OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines.
Groups estimate that a full 18 new copper projects are set to start production across Peru by 2021.
The rally in oil prices over the past two weeks came to a halt on Wednesday on news that OPEC is actually exporting more oil than previously thought.
In options trading, a straddle is literally a sit-on-the-fence strategy.
Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared.
The unpredictability of today’s oil market is leaving some investors burned by unexpected price gyrations.
According to the EIA's Drilling Productivity Report, productivity (as opposed to absolute production) is set to fall next month in the Permian Basin.
The upcoming change in British Columbia’s government could stall the Canadian oil industry’s plans to compete globally by exporting crude to Asia—the world’s fastest growing refining market of which Middle Eastern producers, Russia, and now the U.S. are vying for market share.
As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil's immediate future.
In spite of a blockade on shipments of anthracite coal from occupied Donbas to Ukrainian thermal power plants (TPPs) since this past winter, the country has thus far avoided blackouts.
Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the oil price gains from that agreement.
China and India are rolling out plans to dramatically accelerate the adoption of electric vehicles (EVs), initiatives that have prompted the IEA to take notice and promise a review its long-term oil demand forecast.
Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet.
So far in 2017 a number of global energy experts and commodities watchers have looked beyond the current reporting period and they see a growing long term demand for oil and gas.
Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA's chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030.
The biggest banks remain bullish on oil prices, but analyst projections about global supply and demand are increasingly diverging.
Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. Russia's exploration activities, suffered a double blow during this period.
If oil demand were to reach an actual peak, then the top might be easier to predict. As it stands, the forecast models of demand are likely predicting peak demand far later than it will be.
The two U.S. utilities with the most at risk are Southern Company and SCANA Corp.
After rising aggressively, some would argue that lithium prices have already peaked.
Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.
The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead
U.S. oil inventories are at record levels, but there are a few glimmers of hope that the glut could be starting to subside.
Canada’s oil sands could struggle to rebound, with potentially billions of barrels of oil being kept underground permanently.
The UAE may not be the first country that comes to mind when one thinks of space exploration, but it has big plans to colonize mars, and it’s got the oil money to do it.