By Editorial Dept – Nov 20, 2020, 11:00 AM CST Over the last five or six months, natural gas has been a dangerous market in which to play, with massive intraday swings being part of sustained long-term moves punctuated by big corrections. Usually, I love to see volatility, because, without it, traders can’t make money,...Continue Reading
By Editorial Dept – Nov 20, 2020, 11:00 AM CST Vaccine progress or not, the market is riveted with OPEC actions. And that is because the industry is well aware that even the most promising of vaccine news won’t have much effect on oil demand until at least the second half of 2021. What will...Continue Reading
The EV Revolution Is Threatening Long-Term Oil Demand Growth | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Nov 20, 2020, 11:00 AM CST The growth in electric vehicle adoption, especially in emerging...Continue Reading
Oil Demand Is Primed For A Major Recovery | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 20, 2020, 10:00 AM CST Crude oil demand is likely to rebound next year following the promising news about a vaccine against the novel coronavirus, according to Fitch...Continue Reading
China Looks To Buy Stake In A Major Iraqi Oilfield | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Nov 20, 2020, 9:30 AM CST State giants China National Petroleum Corporation (CNPC) and China National Offshore Oil Corporation (CNOOC) are interested...Continue Reading
The Battle For Dominance In China’s Oil Market | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Nov 20, 2020, 9:00 AM CST Russia and Saudi Arabia are vying for the top spot...Continue Reading
Though a repeat of the negative oil prices seen in April is unlikely, the mounting supply glut brings home how new lockdowns may soon force traders to store oil in every nook and cranny available, including ships and pipelines. Some are already doing that. SourceContinue Reading
Gas futures tumbled Thursday as U.S. forecasts shifted warmer through early December, leaving bullish traders flat-footed after the previous day’s modest gain stoked speculation that the recent rout had run out of steam. SourceContinue Reading
Iraq awarded a contract to develop the West Qurna oilfield to Exxon and Royal Dutch Shell Plc in 2009. The oilfield is one of the world’s largest with expected recoverable reserves of over 20 billion barrels. SourceContinue Reading
Oil Majors Are Paying The Price For Investing In Renewables | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Nov 19, 2020, 7:00 PM CST Big Oil has been frequently lambasted for trying to burnish its green credentials through...Continue Reading
