Crude oil Mining News

Kiwis protest against seabed mining

The Green Party wants to create New Zealand’s largest marine mammal sanctuary in order to stop extractive activities in the South Taranaki Bight

3 factors that are changing the oil trade

For the last five years, crude oil has been behaving a little differently than it has in the past.

$44 trillion needed to keep up with world’s energy demands

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.

A crude awakening: The global black market for oil

Today’s infographic comes from Eurocontrol Technics Group, and it highlights the global problem of fuel theft.

Morgan Stanley warns that rising rig count could undo the rally

Morgan Stanley’s warning that production from the new wells being drilled could prompt a reversal of forecasts that U.S. crude production is falling and will continue to fall.

SNL Energy: oil shock extends its reach to BDCS, Fintech

Consumer-facing financial technology companies may benefit from lower prices at the pump, while certain business development companies have come under pressure as the energy sector suffers.

A slippery slope

Volumes remain high in the bullion markets and volatility is higher if anything.

Are commodities at a major turning point?

As most of you probably know, I have been expecting the CRB to form a major three year cycle low sometime next summer. However I’m now starting to see some things that might indicate that major cycle bottom is going to occur earlier than I expected.

Now the perfect time to get back into oil stocks?

The price of light crude oil recently broke through the $100.00-per-barrel mark for the first time this year.

Mexico passes historic bill ending oil monopoly

In a country that celebrates “Oil Industry Nationalization Day,” the energy package approved last night has automatically become Mexico’s most significant and controversial economic reform since the NAFTA.

Mexico uncovers long-awaited energy reform this week

Likely to open up the country’s oil industry to private investment for the first time in 75 years.

The black Monday the public doesn’t know about

The good news was that our short trade on the equities market was up 10% from our entry point last week. The bad news was that the stock market overseas was selling off big and so were US stocks. It was a black Monday in both the sky and on the screen…