Oilsands Mining News

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.

US lifted the crude oil export ban, and exports went…down

Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place.

Torchlight Energy: Unlocking value into the oil bear

The low price of oil has meant that a lot of companies are going broke, but not so with Torchlight Energy.

$67 oil has all the majors converging here

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices.

Hedge fund Chief Warren Irwin's blockbuster uranium call and his best metal and oil plays

Irwin gives us a peek into Rosseau's portfolio (event-driven hedge fund), discussing opportunities that he is excited about in metals, uranium and oil.

Warning of another string of mining bankruptcies in 2016

Rate of corporate defaults could be double historical average going back to 1920 says new study.

Why oil booms and busts happen

What if I told you that there was a period in history where oil demand declined by 5 million barrels per day and non-OPEC supply increased by 5 million barrels per day, yet oil price rallied more than 50 percent?

Who will be left standing at the end of the oil war

While there are billions of reasons to cut output, and every major producing country is reeling from the loss of revenues, some are weathering the current bust better than others, but the devil is in the details, and the details contain tons of variables.

Expect huge price swings next month

This past week was not for the ‘faint of heart’. All of the asset classes witnessed wildly volatile moves, which culminated in an 11% move of crude oil.

A crude correlation with Canada’s currency

Canada is the world’s fifth largest oil and gas producer and its energy export revenues are a significant part of the economy.

Chart of the Week | Oil is dirt cheap………literally

We decided to conduct an experiment at Home Depot to find out if that's true. Our landmark investigation left no stone unturned.

Russia cries Dyadya (Uncle), is Saudi Arabia listening?

According to Bloomberg, the Russian Energy Ministry issued a statement that "Energy Minister Alexander Novak and the heads of Russia's biggest oil companies discussed the possibility of working with OPEC."

60 reasons why oil investors should hang on

Inventories will continue to rise, but the momentum is slowing.

Which energy companies are being added to US Global Funds in anticipation of an oil rebalance?

In this interview with The Energy Report, Frank Holmes and Samuel Pelaez name their favorites and outline the fundamentals that will make 2016 look a lot different than the year that just ended.