Oilsands Mining News

Of Presidents and prices: How commodities compare under Trump, Obama

As the book closes Friday, January 20, 2017, on President Barack Obama’s two terms, here are the price averages during his tenure for some key commodity benchmarks, as well as the latest price.

SLIDESHOW: Mining on the mend – 2016 year in review

The global mining industry rebounded from multi-year lows in 2016 – MINING.com's most popular posts of the year tell the story.

The craziest oil price predictions for 2017

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.

Can oil markets survive an OPEC implosion?

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.

Oil prices to rise in 2017: World Bank

The new forecast is a response to OPEC's decision to limit production after a long period of unrestrained output.

Frack Sand: The unsung hero of the OPEC oil war

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.

Which countries are damaged most by low oil prices?

This week's chart looks at costs per barrel, exports, and total oil production.

Pan Orient Energy's exploration drilling set to commence Q4/16

Pan Orient Energy's strong balance sheet puts it in position to begin drilling at East Jabung in Indonesia at the end of this year.

Nailing the bottom of oil

Bob Moriarty points investors toward information that accurately captures movement in energy markets.

Surprise natural gas drawdown signals higher prices ahead

The U.S. electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected.

Today's downturn sets markets up for a dramatic oil price spike

Oil and gas companies have gutted their capex budgets, necessary moves as drillers went deep into the red following the crash in oil prices. But the sharp cutback in investment means that huge volumes of oil that would have otherwise come online in five or ten years now will remain on the sidelines.

Suncor burned by wildfire damages and slump in oil production

The largest crude oil producer in Canada announced net losses of C$735 million after Alberta wildfires near Fort McMurray forced its oils sands operations to be temporarily suspended back in May.

INFOGRAPHIC: The volatile history of crude oil markets

The infographic serves as the perfect primer for all the questions about oil that you had, yet were afraid to ask.

Torchlight Energy: Schlumberger testing data shows Orogrande Project highly comparable to Midland Basin

Results were overwhelmingly positive and reflect the substantial upside opportunity in the wildcatter-stage E&P.

Oil prices send sell signal

Technical analyst Jack Chan believes a correction in oil prices is underway, and advises investors to use caution in a vulnerable market.

Fort McMurray lost oil sands production could reach $1.4 billion

Analysts say lost oilsands production from the Fort McMurray wildfire could top 30 million barrels and cost the industry upwards of $1.4-billion.

3 years of painful cuts sets markets up for serious supply crunch

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online.

Oil climbs over $50: Can investors bank on a recovery?

The price of a barrel of oil has almost doubled from its low of $28 at the start of the year, prompting speculation that a recovery is underway.

Miners going broke – worst still to come

New report says mining and metals companies set to default on debt at more than three times the historical rate going back to 1983.

Chart of the week: Oil bankruptcy mayhem

Total debt of newly bankrupted energy companies is soaring each month

Low prices for oil cure low prices for oil

Veteran investor Bob Moriarty discusses one company that is poised to benefit from the volatililty in the oil markets.

Rick Rule – A train wreck is coming in energy

Rick Rule, one of the foremost experts in the Natural Resource Space, convey the dangers and opportunities in oil, gas, and uranium.

CAPP sees 62% decrease in oil and gas spending for Canada

This reduction according to the Canadian Association of Petroleum Producers, is the largest two-year decline since the start of tracking this data in 1947.

$85 crude oil by Christmas – an interview with Mike Rothman

Oil prices may be gyrating up and down, but Mr. Rothman provided some juicy clues for investors, highlighting some key near-term trends for crude oil.

Mining's Q1: The best it's gonna get?

Iron ore rally looks robust, but uranium approaches ten year lows.