Featured Articles

Nov 27, 2015

Forecast & Analysis

Not All Canadian Oil Companies Will Survive -- Market Talk

Far from calming energy industry fears, a member of a government-appointed panel reviewing Alberta's royalty rates pours fuel on the fire by saying some Canadian oil and gas producers won't survive low prices and the rapid pace of regulatory change... Full Story

Investors Are Dumping 'Alt' Funds; Precisely The Wrong Time? -- Barron's Blog

By Chris Dieterich Are investors bailing on so-called alternative funds at precisely the wrong time? Financial Times' Attracta Mooney notes that 20 alt mutual funds have closed in 2015... Full Story

LNG Prices Set to Plummet in 2017 -- Market Talk

The forecast for liquefied natural gas prices in 2017 is dire and will see spot cargoes in every region being sold for less than $5 per million British thermal units, according to the London-based analysts Energy Aspects. Asia and Europe should see prices sink to around $4.50 from the $7... Full Story

The Growing Value of Social Skills in the Age of Automation

By Irving Wladawsky-Berger Here's something to chew on after Thanksgiving: One indirect result of the digitization and automation of the workforce has been the elevation of human social skills as among the most valued assets on the shop floor or in the office... Full Story

India's Reliance on Foreign Oil to Hit 90% by 2040, IEA Says

By Jenny W. Hsu India's need for oil imports will nearly double by 2040, thanks to the country's rapid modernization and rise as a manufacturing powerhouse, the International Energy Agency said Friday. India's crude imports will jump to 7.2 million barrels a day by 2040 from 3... Full Story

Flood Of New LNG Expected In 2016 -- Market Talk

The first quarter of 2016 should witness the tipping point for the liquefied natural gas sector as several new producers start to bring their product to market, says London-based Energy Aspects. The commissioning process for the plants--located in the U.S... Full Story

Top News Stories

The New Shale-Gas Monster -- Market Talk

EQT appears to have the record for US shale-gas wells with a new gusher it drilled this summer. The Scotts Run well produced 72.9 thousand cubic feet its first day in July... Full Story

The New Shale-Gas Monster -- Market Talk

EQT appears to have the record for US shale-gas wells with a new gusher it drilled this summer. The Scotts Run well produced 72.9 thousand cubic feet its first day in July... Full Story

Buhari Bounce Becomes Bust as Nigeria Policies Irk Investors

By Paul Wallace and Michael Cohen November 27, 2015 When Muhammadu Buhari clinched victory in Nigeria’s presidential elections in March, stocks soared as investors looked to the former military ruler to reverse decades of economic mismanagement and policy inertia... Full Story

U.S. Stocks Little Changed After Holiday; Energy Slips With Oil

By Alex Longley November 27, 2015 U.S. stocks were little changed to begin a shortened post-Thanksgiving trading session, as investors weighed the strength of early holiday shopping and energy shares declined with oil prices. The Standard & Poor’s 500 Index added less than 0.1 percent to 2,089... Full Story

Russian Jet Fans Geopolitical Flames -- Market Talk

The recent downing of a Russian jet by Turkey could raise geopolitical tensions in the Middle East to such an extent that it starts to affect oil prices, according to Germany's Commerzbank... Full Story

The Climate Talks in Paris Might Actually Work This Time

By Alex Morales November 24, 2015 United Nations climate talks set to begin in Paris next week promise to produce a landmark deal that has eluded diplomats for more than two decades... Full Story


Natural Gas Keeps Falling on Mild Weather

By Timothy Puko Natural gas prices finished nearly unchanged, but January, the new front-month contract, is falling for the seventh time in eight sessions as mild weather continues to damp expectations for demand. Prices for January settled down 8.7 cents, or 3.8%, at $2... Full Story

Nymex Crude Settles Down $1.33, or 3.1%, at $41.71/Bbl

Nymex Crude Settles Down $1.33, or 3.1%, at $41... Full Story

Oversupply Concerns Eclipse Mounting Mideast Tensions as Oil Price Falls

By Neanda Salvaterra and Georgi Kantchev LONDON--Oil prices fell Wednesday as concerns about oversupply in the market eclipsed worries about the tensions in the Middle East following the downing of a Russian military jet along the border between Syria and Turkey that sparked a furious response... Full Story

Natural Gas Sinks on Warmer Weather Outlook

By Nicole Friedman NEW YORK--Natural-gas prices slid Tuesday on expectations that weekly inventory data would show natural-gas supplies at a new record high. Natural gas is widely used as an indoor-heating fuel, and warmer-than-normal weather in recent weeks has lowered consumption... Full Story

Natural Gas Sinks on Warmer Weather Outlook

By Nicole Friedman NEW YORK--Natural-gas prices slid Tuesday as forecasts saw warmer weather, reducing demand expectations. Natural gas is widely used as an indoor-heating fuel and warmer-than-normal weather at this time of year lowers consumption... Full Story

Oil Price Recovery Down To Trading Pre Thanksgiving -- Market Talk

The mild oil price recovery of the last two days has been attributed to short covering, the market term for buying back a futures contract you have already sold, says the New York-based Energy Management Institute... Full Story


Oil Downturn Sends Texas Law Firm Packing -- Market Talk

The extended slump in oil prices is spurring Houston law firm Burleson LLP to close by year-end. "Like everybody that's ever been involved in the oil and gas industry, you tend to feel like it's never going to end," lawyer Rick Burleson said... Full Story

Glencore Says Disputed Libyan Oil Deal Has Global Support

By Jesse Riseborough November 27, 2015 Glencore Plc oil chief Alex Beard defended the company’s crude-export contract with Libya’s National Oil Corp. in the west of the divided country after the competing administration in the east threatened to block its tankers... Full Story

Oil Majors Cautiously Await Iran's New Contracts -- Market Talk

The global oil industry is gearing up for an overhaul of Iranian oil contracts next week, but oil majors are waiting to see whether Tehran will adopt a more traditional, but less attractive, contractual model widely-used in Iran prior to sanctions or not, law firm Pinsent Masons says... Full Story

PetroChina in $2.4 Billion Asset Sale as Parent Target Nears

By Aibing Guo November 25, 2015 PetroChina Co. plans to sell its stake in a pipeline company for as much as 15.5 billion yuan ($2.4 billion) as the nation’s biggest oil and gas producer seeks to meet year-end profit targets and focus on exploration amid a slump in energy prices... Full Story

Koch Industries Blasts Swapping Oil Exports for Renewable Credit

By Jennifer A Dlouhy November 24, 2015 Koch Industries Inc.’s top lobbyist is warning against extending renewable-power tax incentives in exchange for lifting the longstanding ban on exporting U.S. crude... Full Story

Prudent for BHP To Cut Dividend, Says Investec -- Market Talk

"BHP Billiton is a victim of its own success, with the growth in its dividend over the past 15 years having now outpaced the company's ability to deliver the requisite earnings to support it," says Investec Securities... Full Story


EIA report for week ending 11-06-2015 Our prediction for week ending 11-20-2015
3985 4001
Weekly change
+54up +1upest

Commodity Prices ($)

Natural Gas4.167
Crude Oil93.64
Heating Oil2.9017
RBOB Gas2.8118