- Joe Barone, Shale Directories
- Blog
- May 20, 2019
Crude prices slip Friday, post weekly gains
Crude oil prices slipped Friday, but West Texas Intermediate and Brent both posted a weekly gain on rising concerns over more Middle East supply disruptions due to U.S.-Iran political tension, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 6, 2019
Opec is ‘likely to collapse,’ Iran’s oil minister warns
Iran’s oil minister last week warned Opec is “likely to collapse” because some members of the 14-nation group are working against their fellow producers, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- April 25, 2019
More on Big Green and the Big Money Behind the Big Green Curtain
... … … Big Green, Inc. outspends industry by a very wide margin in grass-roots lobbying and gets away with it by using charitable tax status to hide the spending.- Joe Barone, Shale Directories
- Blog
- April 19, 2019
Crude rises on Saudi export cuts and lower U.S. inventories
Crude oil prices were slightly higher Thursday, as a drop in crude exports from Saudi Arabia and a drawdown in U.S.- Joe Barone, Shale Directories
- Blog
- April 16, 2019
U.S., Brent crudes slip, as Russia talks output hikes
Crude oil prices fell Monday after Russia’s finance minister said Russia and Opec+ may boost production to fight the U.S. for market share, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 15, 2019
WTI, Brent rise on tightening supply perception
Crude oil prices rose last Friday as involuntary supply cuts from Venezuela and Iran, plus conflict across Libya supported the possibility of a tightening crude market, while positive Chinese economic data eased concerns about falling crude demand.- Joe Barone, Shale Directories
- Blog
- April 10, 2019
Crude prices fall as Russia suggests it will raise output
Crude oil prices fell Tuesday from five-month highs as Russian comments signaled the possible easing of the Opec+ supply-cutting deal overcame concern violence in Libya could tighten global markets, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 9, 2019
Crude hits 5-month high, as fighting threatens Libyan output
Crude oil prices rose to a five-month high Monday, on expectations for tighter global supply due to fighting in Libya, Opec+-led cuts and U.S.- Joe Barone, Shale Directories
- Blog
- April 7, 2019
Germany Boxed In, Turns to Russian Gas, But It Should Buy Our LNG
... … … There’s no excuse for what Germany has done to itself. It is now boxed in, with but two alternatives; Russian gas or our LNG.- Joe Barone, Shale Directories
- Blog
- March 27, 2019
Crudes rise as supply cuts overcome economic worry
Crude oil rose sharply Tuesday as Opec+ supply cuts and expectations of lower U.S. inventories outweighed concern about weaker demand due to a potential worldwide economic slowdown.- Joe Barone, Shale Directories
- Blog
- March 21, 2019
U.S. crude inventories plunge on strong exports, refining demand
U.S. crude oil inventories last week fell by 9.6 million barrels (Mmbbl), the most in eight months, aided by strong export and refining demand, the Energy Information Administration reported Wednesday.- Joe Barone, Shale Directories
- Blog
- March 20, 2019
Crude oil prices mixed after hitting new 2019 highs
Crude oil prices were little changed Tuesday after hitting 2019 highs earlier in the day, maintaining strength on expectations Opec+ will continue its production cuts.- Joe Barone, Shale Directories
- Blog
- March 19, 2019
Russia will be compliant with cuts within weeks
Russian energy minister Alexander Novak said Sunday his country will be fully compliant with Opec+ supply cuts over the coming weeks. “As far as the meeting is concerned we, of course, discussed the situation with the execution of the agreement (and) we stressed once again that Russia is discharging its obligations in accordance with the agreement to smoothly achieve the target output,” Novak told CNBC, in Baku, Azerbaijan.- Joe Barone, Shale Directories
- Blog
- March 19, 2019
Crude rises, supported by Opec supply cuts
Crude oil prices rose Monday, supported by the possibility of a longer-than-expected Opec+ crude supply cut and indications of inventory declines at Cushing, Oklahoma.- Joe Barone, Shale Directories
- Blog
- March 19, 2019
LNG imports drive down British wholesale gas prices
Britain’s liquefied natural gas (LNG) imports for March are at their highest levels in roughly 29 months, helping British wholesale gas prices slide to a more-than 18-month low.- Joe Barone, Shale Directories
- Blog
- March 15, 2019
Crude futures reach four-month highs
Brent and West Texas Intermediate crude oil futures reached four-month highs Thursday, as production cutbacks by Opec+, along with U.S. sanctions on Iran and Venezuela, tightened global supplies.- Joe Barone, Shale Directories
- Blog
- March 11, 2019
Saudi minister says U.S., China driving oil demand
Saudi oil minister Khalid al-Falih said Sunday China and the U.S. would lead healthy global demand for oil this year, but it would be too early to change Opec+ output policy at the group’s April meeting, Reuters reported.- Joe Barone, Shale Directories
- Blog
- March 5, 2019
Opec+ drains glut, mission accomplished by April: Goldman
Opec and its allies will probably achieve their goal of draining the crude oil glut while boosting prices by next month, according to Jeff Currie, global head of Commodities Research at Goldman Sachs.- Joe Barone, Shale Directories
- Blog
- March 5, 2019
Crude rises on trade deal hopes, Opec supply cuts
Oil prices rose Monday from last week’s losses, boosted by reports the U.S. and China could soon reach a formal agreement to end a trade war that’s weighed against economic growth.- Joe Barone, Shale Directories
- Blog
- March 1, 2019
Opec rescued oil from ‘total collapse,’ U.S. prevented ‘major chaos’: Barkindo
Opec is responsible for saving the entire oil industry by curbing output, the cartel’s secretary general told CNBC — but the U.S.- Joe Barone, Shale Directories
- Blog
- February 20, 2019
Crude mixed Tuesday, as demand worries weigh
Crude oil prices were mixed Tuesday, but managed to stay around 2019 highs, as concerns about global demand, coupled with uncertainty over the latest round of U.S.-China trade talks, countered investor optimism due to tightening supplies.- Joe Barone, Shale Directories
- Blog
- February 13, 2019
Crude rises as Saudis plan steeper oil supply cuts
Crude oil prices rose more than 1% Tuesday on steep Opec production cuts and Saudi Arabia’s plan to drop March crude output by more than 500,000 barrels per day below its pledged reduction.- Joe Barone, Shale Directories
- Blog
- February 6, 2019
U.S., Brent crudes fall as weak factory data feeds demand angst
Crude oil prices fell in roller coaster trading Tuesday, pulling back from two-month highs after weak U.S. factory orders data revved up economic slowdown worries.- Joe Barone, Shale Directories
- Blog
- February 4, 2019
Crude oil rises on strong U.S. jobs data, sanctions
West Texas Intermediate and Brent crude oil prices rose Friday, after positive U.S. jobs data strengthened expectations for higher fuel demand, plus signs U.S.- Joe Barone, Shale Directories
- Blog
- January 25, 2019