For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from speculators are showing early signs of abating, raising the possibility that the oil rally is running out of steam.
The Chinese National Bureau of statistics mentioned a growth of “157 percent in the first 11 months of 2016”.
Predicting where oil prices would go next month or next year has always been a game of hit and miss, all the more so in the past two years since the oil price crash began.
The IEA says that in the third quarter of 2016, the U.S. shale industry became cash flow neutral for the first time ever. That isn’t a typo.
The collapse of oil prices has forced the U.S. shale industry to slash production costs.
The fundamental question remains: can carbon taxes return growth and prosperity to oil sands?
For the vast untapped potential of the nuclear energy industry and the uranium that feeds it, this could contribute to a market-disrupting revival that no longer bows to fear and the politics of economy.
Two years after the collapse in oil prices forced the oil and gas industry to scale back drilling, the Canadian Association of Oilwell Drilling Contractors (CAODC) is forecasting a year-over-year increase in the number of wells drilled in Canada.
When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering.
Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades.
OPEC has released a new market whammy, offering up the cartel’s production figures, which largely jive with figures reported by the IEA.
Coal has been stuck in a decline that even a pro-coal president, with assistance from Congress, may not be able to reverse.
EVs could demand enough copper, other metals to dwarf oil market fallout: BHP
A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC's effort at coordination could be at yet another impasse.
After more than tripling in price this year, Lithium is no longer that dull commodity we take for granted in our consumer electronics: It's the commodity powering the next, undeniable energy revolution.
The accumulated benefits of implementing CCS at a large scale, given careful planning and prudent execution, could outweigh the one-time cost.
Not a day passes without OPEC making oil and gas headlines, and today is surely no exception.
The outcome of negotiations in Algeria this week may not do much to rescue oil prices.
On September 22, Donald Trump reaffirmed his intent to revive the American coal industry--without many details on how to do it.
The late-2014, Saudi-initiated oil-price war may have taken the 'boom' out of the US shale industry as it seriously threatened OPEC market share, but Saudi victory has been elusive.
A recent report by Arkansas Online says the energy industry's support sector could feel the effects of low oil prices for up to two years after the current bear market recovers.
Maybe in better times, the staggering population of the millennial demographic would be a hurdle over which Big Oil could easily leap. But times are tough, and that isn’t our today.
The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas.
Lithium is our new fuel, but like fossil fuels, the reserves we're currently tapping into are finite—and that's what investors can take to the bank.
It's possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it's also possible that they are ramping up production to take the sting out of a freeze.