Oil prices in most oil-consuming countries are rising much faster than the international benchmark prices quoted in US dollars due to a stronger greenback. iStockphoto photo. Rising oil prices will foster demand restraint By John [Read more]
With the global oil market running out of spare capacity, John Kemp argues that a world-wide economic slowdown will ease upward pressure on oil prices. Anadarko photo. Economic slowdown expected later in 2018 or 2019 [Read more]
Brazil and Canada underpin medium-term conventional non-OPEC oil supply growth, adding the most production outside of the US by 2030. Cenovus photo. According to resources consultancy Wood Mackenzie, OPEC will continue its kingpin role in [Read more]
Higher production levels at the Alberta oil sands translated into substantial greenhouse gas emissions growth: over the whole record, oil sands emissions alone grew 367 per cent to 72 megatonnes (Mt). Canada behind in its [Read more]
Last week, with no new buying in WTI, the gentle downward pressure on prices and calendar spreads finally turned into a torrent just one day later. BP photo. Oil prices drop Monday by over 4 [Read more]
The fund community is less bullish following the 75 per cent run-up in Brent prices over the last 12 months and the market’s failure to break through the previous highs set in May. Repsol photo. Brent [Read more]
Strong demand from China and rising US supplies of natural gas will transform global natgas markets in the coming five years, according to the International Energy Agency. A lack of new LNG projects after 2020 [Read more]
In its Oil Market Report, the International Energy Agency reports that OPEC and non-OPEC participants in the cartel’s supply cut pact have increased their production, however, production shortfalls in some oil producing countries may stretch [Read more]
The Trump administration has briefed journalists on background that it will review sanctions waiver applications on a case-by-case basis and work with countries that are reducing their oil imports from Iran. AP photo by Evan [Read more]
Hedge funds and other money managers raised their net long position in the six most important petroleum futures and options contracts by 47 million barrels. Apache photo. Hedge funds net long position in WTI has [Read more]
China is just one country, though a crucial one, pursuing sustainable energy transitions through a complex mixture of policies that cover multiple aspects of energy transition. VideoBlocks.com photo. This article was published in the International [Read more]
Iran sanctions meant to increase pressure in Tehran by cutting the Middle Eastern country’s revenue from crude oil sales to zero, however, the Trump administration’s policy could leave the global market tighter and result in [Read more]
Matt Chester assembles an All-Star Team with MLB players who have proven themselves to be the most conscious of issues surrounding energy, the environment, and climate change. Sports can be the ultimate awareness raiser for climate [Read more]
Canadian industry pushing back against federal, provincial climate policy and regulations By Jan Gorski, Pembina Institue Devon Canada president Rob Dutton’s opinion piece in the Edmonton Journal late last month thinks it is unfair industry should [Read more]
For many American voters heading to the midterm polls in November, the gains from tax cuts passed last year have been offset by the rise in oil prices since 2016. DallasNews.com photo. Oil prices impact [Read more]
Rising demand from China as well as greater industrial demand for natural gas along with rising supplies from the US will transform the global gas markets in the coming five years, according to the IEA. [Read more]
However for every successful project on Kickstarter or Indiegogo, an average of two energy projects go unfunded. The reasons behind such failures vary – a funding goal that is too ambitious, a project that is unrealistic, or [Read more]
The demand for chemical products has a direct impact on energy demand, and consequently carbon dioxide emissions. The sector accounts for approximately 11 per cent and 8 per cent respectively of the global primary demand for [Read more]
The rate of growth in traffic volumes has been slowing consistently since early 2016, coinciding with the rise in gasoline prices, after accelerating during 2014/15, coinciding with the previous oil price slump. Houston Chronicle photo [Read more]
After a shutdown at Syncrude in the Alberta oil sands, hedge funds became much more bullish about the outlook for U.S. crude prices last week. Syncrude photo. Hedge funds more cautious since April By John Kemp [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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