Posts Tagged ‘energy’

Saudi Oil Strategy: Brilliant Or Suicide?

August 13th, 2015

crudeoilDalan McEndree: In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. Read more…


The Saudi Oil Price War Is Backfiring

August 12th, 2015

crudeoilGaurav Agnihotri:  Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. Read more…


The Perfect Storm Brewing In The Energy Sector

August 11th, 2015

oil gasKent Moors:  There is a “perfect storm” brewing in the energy sector. Read more…


Unusual Bargains At Today’s Oil Prices

August 11th, 2015

oil etfsTo profit in the current oil and gas space, investors have to move down the food chain to find “unusual bargains,” says Randall Abramson, CEO and portfolio manager with Toronto-based Trapeze Asset Management. Read more…


OPEC Ups Production To 3 Year Highs As Iran Output Surges

August 11th, 2015

crudeoilTyler Durden:  As China takes the currency wars to the next level, so OPEC, not to be outdone, rotates the oil war volume to 11. Read more…


Global Oil Supply More Fragile Than You Think

August 10th, 2015

crudeoilNick Cunningham:  Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the rebound in April and May to $60 per barrel from the mid-$40s suggested that the severe drop was merely temporary. Read more…


Could WTI Trade At A Premium To Brent By Next Year?

August 6th, 2015

oil-etfNick Cunningham:  A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. Read more…


Crude Carnage Continues As Goldman Warns “Storage Is Running Out”

August 6th, 2015

crudeoilTyler Durden: WTI Crude is back below $45 again this morning – pressing towards 2015 and cycle lows -after Goldman Sachs’ Jeffrey Currie warns ’lower for longer’ is here to stay, with price risk ”substantially skewed to the downside.” Read more…


What Lies Ahead For Oil ETFs?

August 4th, 2015

oil etfsSweta Killa:   After smooth trading in May and June, oil resumed its decline and trapped in the nastiest downward spiral in July joining the broader selloff in commodities amid growing global glut and the China slowdown. In fact, U.S. crude oil lost nearly Read more…


Layoffs Surge As Oil Price Outlook Remains Sober

August 3rd, 2015

crudeoilAndy Tully: Lately the leaders of some of the world’s biggest energy companies have been saying oil prices will remain depressed for some time – perhaps for the next five years – and now they’ve decided to cut their costs in the most painful way possible: massive job cuts. Read more…


Does Jump In Rig Count Signal Key Milestone For Oil?

August 3rd, 2015

oil gasJay Taylor:  Since the beginning of the oil crash in the summer of 2014, investors have been watching one metric very closely. Read more…


Top Factors Undermining Any Oil Price Recovery

July 29th, 2015

crudeoilAlexis Arthur: Global oil prices have returned to a state of flux. This is hardly news to any who follow the oil markets closely and yet prices continue to drive international headlines. Read more…


Who’s Behind The Drop In Oil Prices?

July 28th, 2015

oil etfsKent Moors:  The conflict between OPEC and U.S. shale/tight oil producers has entered a new phase. And the result has been an accelerated decline in the price of oil. Read more…


Hedge Fund Oil Bulls Dump Crude At Fastest Pace In 3 Years

July 27th, 2015

oilTyler Durden:  Hedge Funds’ net long position in WTI Crude collapsed 27% (the biggest single ‘dump’ in over 3 years) ahead of the big plunge last week (and is now down almost 60% in the last month – the most since 2010). Read more…


More Job Losses Coming To U.S. Shale

July 23rd, 2015

jobsGaurav Agnihotri: With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. Read more…


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