Category: Energy

Why 2020 Could Be A Record Year For Oil Trading Giants

Retail investors with long positions in crude oil markets had little to cheer about in 2019 as the market failed to maintain the early-year rally as pipeline outages, geopolitical tensions and dramatic changes in ship fuel regulations shook up the global oil market leading to high volatility.
It was an annus mirabilis, though, for large oil…

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Is This The End Of Canada’s Oil Sands?

Another billion-dollar energy project is polarizing Canada once again, but this time, it’s got nothing to do with pipelines, or even LNG terminals. It’s the Frontier oil sands mine that the federal government of Justin Trudeau must approve or reject by the end of next month […]

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Traders Increase Short Interest In Big Oil Stocks

Short sellers have increased their bearish bets on four of six of the biggest oil companies as oil prices came under intense downside pressure after the coronavirus outbreak in China.  
Short interest in ExxonMobil, ConocoPhillips, Petrobras, and Occidental Petroleum increased in the period January 1 to 15, while the number of bearish bets on Chevron and BP dropped […]

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OPEC+ Halts Slide In Oil Prices

After several days of losses, oil prices stabilized on Tuesday morning after OPEC and partners announced their intent to extend output cuts till June of this year.

U.S. oil production is expected to average 13.3 million barrels per day (mb/d) in 2020, an increase of 9 percent from last year, according to the EIA. The agency sees output […]

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5 Reasons Why Big Oil Is Here To Stay

The investment case for oil companies has been under attack recently. Climate change activists know that the dividends paid by the largest of these companies are among the most lucrative and stable over time, of any payers in the marketplace today. Further, they know these attacks will receive wide coverage precisely […]

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Oil Extends Plunge On Coronavirus Fears

Oil prices extended losses early on Monday, slumping to nearly four-month lows amid fears that the Chinese coronavirus outbreak will slow China’s economic growth and oil demand.   At 08:25 a.m. EDT on Monday, WTI Crude was down 3.19 percent at $52.46 and Brent Crude traded down 3.11 percent at $58.03, as […]

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The Hottest Energy Conflict Right Now

Belarus has just bought two cargoes of Johan Sverdrup, the recently commissioned Norwegian oilfield and is in talks with several oil-producing countries from the Soviet Union to ramp up crude imports in the upcoming weeks. This in and of itself might not seem such a big thing yet considering that Belarus in the past […]

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