Canadian natural gas prices have held up so well that the majors are taking strategic positions to prepare for an eventual demand spike. But the paydays could be delayed depending on the outcome of the Canadian federal election on Oct. 19.
Crude oil markets got a pop as they tried to look beyond this Greek debt debacle to the expectations that U.S. oil output will continue to fall and tropical Storm Bill in the Yucatan Peninsula may slow operations in refineries and oil platforms in the Gulf of Mexico.
You may want to rethink those tickets to Hawaii, and instead spend the summer basking in the opportunities developing in three different sectors of the oil market.
In this interview with The Energy Report, Angelos Damaskos explains why oil prices could reach $75 per barrel in the near future, and why companies making good money now will make much more on the upswing, with great benefits to shareholders.
Can crude oil find stability as it looks poised to retest $60 a barrel? Oil prices are rising again as the dollar weakens a bit, and signs that U.S. Shale output is falling continues to support prices
The Dow Jones Industrial Average capped the worst week since 2011, finishing with a 100-point lurch in the final half-hour of trading, as equities tumbled around the world after crude extended declines below $58 a barrel.
U.S. stocks fell while commodity producers led European equities to their worst week since 2012 as crude extended declines below $60 a barrel.
Chen Lin was one of the very few who foresaw the collapse in oil prices, so investors are well advised to pay attention to his advice.
A drop in crude oil and gas companies sent European stocks down a third day after OPEC said it sees demand for crude in 2015 at the weakest level in 12 years.
U.S. energy companies are shrugging off a 24% plunge in oil prices, confident they can adapt and still make money.