Home » Posts tagged 'nick cunningham' (Page 10)
Tag Archives: nick cunningham
Venezuelan Oil Enters The Disaster Zone
Venezuelan Oil Enters The Disaster Zone The decline of Venezuela’s oil production for the foreseeable future has been assumed, and to a large extent, already priced into the market. However, an acceleration in the rate of decline is possible, and a few recent developments raise the odds that such a disaster will become a reality. […]
$100 Oil Is Back On The Table
$100 Oil Is Back On The Table Oil prices will rise to $100 per barrel if Saudi Arabia gets its way. Only a week ago, news surfaced that Saudi officials were quietly hoping to push oil prices up to $80 per barrel, which would help boost the valuation of Saudi Aramco IPO. But why not […]
Disaster Hits Canada’s Oil Sands
Disaster Hits Canada’s Oil Sands Kinder Morgan said it would halt nearly all work on a pipeline project that is crucial to the entire Canadian oil sands industry, representing a huge blow to Alberta’s efforts to move oil to market. Kinder Morgan’s Trans Mountain Expansion is the largest, and one of the very few, pipeline […]
Trade War Looms Over Oil Markets
Trade War Looms Over Oil Markets Oil prices, along with equities across the board, were dragged down on Monday over fears of a brewing trade war. China announced $3 billion of tariffs on U.S. goods, including pork and recycled aluminum. The move came as a retaliation to the Trump administration’s 25 percent tariff on steel […]
Building The World’s Largest Solar Project
Building The World’s Largest Solar Project Saudi Arabia wants to pour $200 billion into solar to build the world’s largest solar project. The Saudi sovereign wealth fund and SoftBank Group Corp. of Japan jointly announced plans to build a solar project that is staggering in size – 200 gigawatts (GW) by 2030. That would be […]
Why Natural Gas Prices Will Rise This Summer
Why Natural Gas Prices Will Rise This Summer Record production of natural gas is snuffing out any price rally that might have occurred from the bout of cold weather this winter. The gas market saw a jolt at the end of December and in early January due to extremely cold temperatures across much of the […]
OPEC Scrambles To Justify Output Cuts
OPEC Scrambles To Justify Output Cuts Oil inventories are approaching the five-year average level in OECD countries, the all-important threshold for “re-balancing” the oil market. A year and a half on from OPEC’s original deal to limit output, the surplus oil stashed in storage tanks around the world are nearly back to average levels. However, […]
Global C02 Emissions Rise For The First Time In 3 Years
Global C02 Emissions Rise For The First Time In 3 Years In a worrying development, global CO2 emissions from energy jumped by 1.4 percent in 2017, the first increase in three years. The trend indicates that global efforts to reduce emissions are “insufficient,” according to a new report from the International Energy Agency. Total energy-related […]
North Sea Oil Has Escaped Its Death Spiral
North Sea Oil Has Escaped Its Death Spiral The oil industry is expected to increase spending in the North Sea and the number of projects that could receive a greenlight is set to rise this year for the first time in half a decade. An estimated 12 to 16 green-and brown-field projects are expected to […]
Natural Gas Is Under Attack
Natural Gas Is Under Attack Natural gas has been billed as the key “bridge fuel” that will help the energy transition, replacing coal while buying time for renewable energy to scale up. However, even as gas is triumphing over coal in the U.S., it is increasingly under attack by policymakers. Gas claims a carbon emissions […]
The Single Largest Supply Risk In Oil Markets
The Single Largest Supply Risk In Oil Markets Venezuela could be the reason that “tips the market decisively into deficit,” the International Energy Agency said in a new report. Venezuela lost another 60,000 barrels per day (bpd) in February, according to the Paris-based energy agency, and continues to present the largest supply risk to the […]
U.S. Shale’s Dirty Secret
U.S. Shale’s Dirty Secret U.S. shale is surging, threatening to take even more market share away from OPEC. But the prospect of U.S. oil edging out barrels from the Middle East is not nearly as simple as it might seem. Oil coming from the major shale plays in the U.S. is light and sweet, while […]
OPEC Deal In Jeopardy As Iran And Saudi Arabia Square Off
OPEC Deal In Jeopardy As Iran And Saudi Arabia Square Off Iran and Saudi Arabia are at odds over what to do next with the OPEC agreement, a conflict that could sow the seeds of the agreement’s demise over the course of the next year. As the WSJ notes, the dispute centers around exactly what […]
Glut Or Deficit: Where Are Oil Markets Headed?
Glut Or Deficit: Where Are Oil Markets Headed? A flurry of recent oil market forecasts have sent a lot of mixed messages about what to expect both in the near-term and over the next several years. Is U.S. shale about to flood the market, setting off another bust? Or is demand so strong that with […]
