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HomeOil

Oil

2018
News

Venezuelan oil output drops in 2017 to 28 year low

January 18, 2018 Energi Staff

Venezuelan oil output has fallen significantly and experts say the decline could continue. AFP/Getty Images photo. Venezuelan oil output down nearly 13 per cent last year OPEC data released on Thursday showed Venezuelan oil output [Read more]

oil prices
Financial

Oil prices mixed despite large draw in US crude stocks

January 18, 2018 Energi Staff

Oil prices were mixed in trading on Thursday after the US EIA reported a significant drawdown in US crude stocks. Encana photo. Oil prices recover after slipping below $69/barrel Thursday Oil prices rebounded after slipping [Read more]

oil prices
Financial

Oil prices up slightly as traders await delayed US crude inventory data

January 17, 2018 Energi Staff

Oil prices rose on Wednesday slightly as analysts await data reports from the API and EIA. ConocoPhillips photo. Oil prices up more than 50 per cent since June 2017 On Wednesday, oil prices rose slightly [Read more]

GDP
Financial

Oil prices dip on profit taking, but strong demand underpins market

January 16, 2018 Energi Staff

Alexander Novak says rises in oil prices could be due to cold winter On Tuesday, oil prices fell from three year highs on profit taking, but healthy demand and the OPEC supply cut agreement helped [Read more]

decommissioning
Opinion

Column: Hedge funds, money managers left oil market looking very stretched

January 16, 2018 Energi Staff

Hedge funds now hold more than 10 long positions in crude and fuels for every short position By John Kemp LONDON, Jan 16 – Hedge funds and other money managers have boosted their bullish position [Read more]

oil and gas deregulation
Opinion

Column: The danger in oil and gas deregulation by Trump administration

January 16, 2018 Energi Staff

This article was originally posted on brookings.edu on Jan. 9, 2018 US oil and gas deregulation hits feverish pitch in January By Samantha Gross In the last few days, the Trump administration’s oil and gas [Read more]

oil prices
Financial

Oil prices up slightly on signs OPEC cuts are tightening market

January 15, 2018 Energi Staff

Oil prices sit near three-year highs Oil prices rose slightly on Monday as supply cuts by OPEC and some non-OPEC members participating in the cartel’s output reduction pact have helped tighten the market. By 1:41 [Read more]

T. Boone Pickens
USA

T. Boone Pickens closes energy hedge fund to focus on health, other activities

January 12, 2018 Energi Staff

T. Boone Pickens suffered series of strokes in late 2016 In a letter posted on LinkedIn on Friday, T. Boone Pickens says “Today, I’ve decided to walk off the job for a third time and [Read more]

Oil prices
Financial

Oil prices steady, set for fourth straight week of gains

January 12, 2018 Energi Staff

Oil prices up slightly Friday Oil prices rose slightly on Friday and are on track for a fourth straight week of gains, but fell short of a three-year high posted on Thursday. By 12:40 p.m. [Read more]

Opinion

Column: Oil prices expected to trade around $60-$70 through 2020

January 11, 2018 Energi Staff

Few polled in survey expect oil prices to be below $55/barrel or above $85/barrel by 2020 By John Kemp LONDON, Jan 11 – Oil prices are expected to remain close to current levels, averaging around $60 [Read more]

Financial

Oil prices rise to 2014 levels, driven by falling US crude stocks

January 11, 2018 Energi Staff

Oil prices up on surprise drop in US production, US crude stocks On Thursday, oil prices reached their highest levels since 2014 as the global crude market continued to tighten and OPEC pact participants said [Read more]

oil prices
Financial

Oil prices rise on higher-than-expected drop in US crude stocks

January 10, 2018 Energi Staff

Oil prices up more than 13 per cent since early December Oil prices rose on Wednesday after data from the US Energy Information Administration showed crude stocks in the United States fell more than analysts [Read more]

No Picture
Alberta

The economics of Alberta’s Duvernay Shale – NEB

January 10, 2018 Markham Hislop

In the Duvernay Shale, some areas are economic even at negative gas prices One billion barrels of oil, 12.0 trillion cubic feet (Tcf) of natural gas and 1.4 billion barrels of natural gas liquids are economic in the Duvernay [Read more]

Financial

Oil prices rise, WTI hits three-year high on expectations of US crude stock drop

January 9, 2018 Energi Staff

Oil prices rise as OPEC cuts more output than promised Oil prices rose on Tuesday to levels not seen since December 2014 on the OPEC supply cut pact and analysts’ expectations of a decline in [Read more]

No Picture
Financial

Oil prices steady as higher US production offset Middle East tensions

January 8, 2018 Energi Staff

Major factor in oil prices for 2018 will be OPEC v. shale: Analyst Oil prices were steady on Monday as analysts and investors weighed political concerns in Iran and Saudi Arabia against rising US oil [Read more]

No Picture
Markham on Energy

Saudi King Salman’s Asian trip an effort to win friends, avoid price wars

March 6, 2017 Energi Staff

King Salman looking to wow Asian investors in Aramco IPO, maintain market share The political sands continue to shift in the Middle East as King Salman, Saudi Arabia’s octogenarian monarch, began an epic tour of Asia March [Read more]

No Picture
Markham on Energy

Science finally proves just how badly energy CEOs (and boosters) suck at politics, communications

August 16, 2016 JZadmin

Emotional connection is the new norm, energy industry’s old facts and science approach no longer connects with stakeholders If the Dilbert comic strip taught us anything, it’s that engineers are socially awkward and terrible communicators. Now [Read more]

No Picture
Markham on Energy

Obama’s $10 a barrel oil tax to fund clean transportation system is bad idea, worse policy

February 4, 2016 JZadmin

Let market develop new transportation technologies – like self-driving cars – to create clean transportation system President Barack Obama has picked a very odd time to float a very bad idea: A $10 a barrel [Read more]

No Picture
Markham on Energy

National energy strategy a big win for Alberta’s Notley

July 17, 2015 JZadmin

National energy strategy gives Alberta framework within which to work out compromise between energy development, climate change As of this morning, Canada has a new national energy strategy. Why should anyone care? Because it turns out that [Read more]

No Picture
Markham on Energy

Barnett Shale water study: Caution ahead, for everyone

June 30, 2015 JZadmin

Industry said Barnett Shale research doesn’t establish link between fracking and water contamination A new study investigating groundwater contamination in the Barnett Shale illustrates why caution should be exercised when drawing conclusions from scientific studies. In this case, [Read more]

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In the Spotlight

The Canadian energy conversation is stuck in the wrong century

by Markham Hislop in Markham on Energy

Find Energi Media journalism in video, audio, and essays YouTube Channel: Video energy news Substack Essays: Thoughtful Energy Journalism Energi Talks Audio Podcast Real story of this energy crisis is not supply disruption, but demand [Read more]

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