Robin Stacpoole

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Iran, Iraq to lead Middle East oil growth

<b>Speculations are growing that oil field development plans in Iran and Iraq would drive the largest production growth in the Middle East over the next</b> …

Oil Prices Rise Above $60 A Barrel Amid Libya Concerns

Oil prices climbed to a yearly high on Tuesday, rising above $60 a barrel for the first time in 2015 amid supply concerns in Libya.<p>According to the</i> …

Suncor Energy Inc. Earnings: "I’m Not Overly Concerned With Crude Prices"

Is now the time to bail on Suncor?<p>Falling oil prices have wiped out trillions of dollars in shareholder wealth, and some industry stalwarts are …

GE at OTC: Big Data could help oil companies pump 80 billion more barrels of oil

Extreme Weather

Peak Oil Optimism

Speculative bets on rising Brent crude oil prices reached a new record last week but under the surface futures and options market <b>positioning among</b> …

US Shale Sector Crashes After David Einhorn Repeats What Everyone Knows Already

Greenlight's David Einhorn has <b>come out swinging at the Fed-fueled fracking frenzy</b> and, after pointing out facts that are extremely widely known, and …

Opinion: Have Natural Gas Prices Bottomed?

The Marcellus region began ramping up in 2010 which has resulted in a surge in production which has probably peaked 1Q15 in terms of rate of growth. …

We Are Witnessing A Fundamental Change In The Oil Sector

The U.S. oil production decline has begun.<p>It is not because of decreased rig count. It is because cash flow at current oil prices is too low to …

Roubini Sees $70 Barrel as `New Normal' for Oil Prices

April 28 -- Nouriel Roubini, chairman of Roubini Global Economics LLC and a professor at New York University's Stern School of Business, talks about …

Investors Are Giving Up On The "Low Oil Prices Are Unequivocally Good For America" Meme

For 6 months, investors have been buying the idea - pitched by any and every status-quo-sustaining talking head, politician, and central banker - <i>that</i> …

Eagleville in Texas' Eagle Ford area No. 1 oil field in U.S., EIA says - Houston Business Journal

By Sergio Chapa <br>– Reporter, San Antonio Business Journal<p>Apr 27, 2015, 6:29pm CDT<p>A new report from the U.S. Energy Information Administration lists …

Oil & Gas Industry

Russia Bets on Argentina Shale Boom

<i>This article originally appeared at OilPrice.com</i><p>Russian state-owned natural gas giant Gazprom signed a memorandum of cooperation with Argentina’s YPF …

Oil rally over? Experts disagree

Oil is up more than 30 percent since its low in March and one oil policy expert thinks it's going to continue to move higher.<p>Kent Moors, executive …

Oil & Gas Industry

Why this oil price collapse could be different

The recent oil price collapse seems like a replay of a bad 1980s movie that we’ve seen before. If we are not careful, we’ll be doomed to make the …

CERAWeek: Oil chiefs explain why U.S. shale boom hasn’t gone global

From the Floor: Shale wells ready to ramp up

Editor’s note: From the Floor takes advantage of TradingFloor.com's unique real-time access to Saxo Bank’s various trading desks around the globe to …

fastFT | Financial Times

July 9, 2018<p>The UK pound shed its gains after news of Boris Johnson’s resignation as Britain’s top diplomat cast a darker shadow over the future of …

Boris Johnson

Oil hits 2015 high on Yemen worry; U.S. gasoline at Nov peaks | News Home | Reuters

NEW YORK (Reuters) - Crude oil prices settled up 3 percent on Thursday, hitting 2015 highs, while U.S. gasoline reached 5-month peaks after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies.<p>Oil pump jacks are seen …

Oil slump may deepen as US shale fights Opec to a standstill

Continental's Harold Hamm says US shale industry has 'only begun to scratch the surface' of vast and cheap reserves, driving growth for years to come<p>The US shale industry has failed to crack as expected. North Sea oil drillers and high-cost producers off the coast of Africa are in dire straits, but …

How The Majors Are Playing The Oil Price Slump | OilPrice.com

The largest oil and gas companies are employing different strategies to weather the downturn and plan for the future. Each strategy has its risks, …

Oil down as Saudis end Yemen bombing; traders eye crude build

NEW YORK (Reuters) - Oil prices fell on Tuesday after Saudi Arabia announced the end of its military campaign in Yemen, easing tensions in the Middle East, and traders expected another weekly build in U.S. crude stockpiles.<p>Oilfield workers collect a crude oil sample at an oil well operated by …

Oil

Halliburton says it has cut 9,000 jobs in wake of oil's drop

Halliburton Co. has cut 9,000 jobs — more than 10 percent of its workforce — in about six months and is considering more cost-cutting moves as falling oil prices sap demand for its drilling help.<p>Halliburton executives disclosed the job cuts Monday on a conference call with investors. The Houston …

The Billionaire Banker Ready To Bet On Oil

<b>The past few years</b> have been unsettling for Andrew Beal, the publicity-shy billionaire banker from Plano, Tex. who has a penchant for high-stakes poker. Like other smart money men, Beal is leery of asset prices fueled by central bank intervention. So Beal hasn’t been making many loans recently and …

Oil & Gas Industry

World's largest oil services firm Schlumberger takes job cuts in 2015 to 20,000

Schlumberger, which provides drilling technology and equipment to oil and gas companies, expected to cut jobs in North Sea following slump in oil price<p>Schlumberger, the world’s largest oilfield services provider, has announced plans to cut a further 11,000 workers, just three months after axing …

Oil & Gas Industry

Oil falls from 2015 peaks, Brent jumps 9.6 percent on the week

NEW YORK (Reuters) - Crude futures fell from 2015 peaks in choppy trading on Friday, but Brent’s 9.6 percent weekly gain was its biggest in more than five years as Middle East turmoil and signs of lower U.S. production lifted prices.<p>Oil storage tanks are seen at sunrise with the Rocky Mountains and …

Oil