As U.S. shale sinks, pipeline fight sends woes downstream
By Tom Hals 16 minutes ago
A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver
By Tom Hals
WILMINGTON, Del. (Reuters) - Within weeks, two low-profile legal disputes may determine whether an...
IEA warns consumers of spike in oil prices
The International Energy Agency (IEA) is warning consumers not to let cheap oil lull them into a false sense of security amid forecasts of a price spike by 2021.
In a report, the IEA said it expects prices to start recovering in 2017.
Gold Holds Steady as Oil Sinks and Equities Struggle
Friday February 19, 2016 18:25
Gold stayed more or less steady as the session and week neared an end. Spot gold was down, but the April futures contract was up. While it’s easy enough to name suspects in today’s maintenance of the status...
U.S. Crude Inventories Are The Highest Since The Great Depression
January 27th, 2016
Tyler Durden: In case you were under the impression that oil was stabilizing, we thought this chart might help clarify just how “different” it is this time in the energy complex…
U.S. crude inventories are at...
Venezuela Raises Fuel Prices By More Than 6,000 Percent
By Nick Cunningham 3 hours ago
In a televised-address on February 17, Venezuelan President Nicolas Maduro delivered some crushing news to his country.
To address the fiscal crisis facing the country, the government decided to raise...
They do have a good point
Iran snubs Doha proposal, won't freeze oil output
By ALI AKBAR DAREINI 18 hours ago
FILE -- In this Sept. 30, 2015, file photo, oil pumps work in the desert oil fields of Sakhir, Bahrain. Russia’s energy minister, Alexander Novak, said, Tuesday...
Ecuador’s Oil Industry Catastrophe… To Spread Around The World
Steve St Angelo
There’s an ongoing catastrophe taking place in Ecuador. Not only has a significant part of the Amazon been polluted by toxic waste oil left behind from the wonderful folks at Texaco when the company started...
Oil prices rally, building on largest gain in 7 years
By Sara Sjolin, Jenny W. Hsu , and Miriam Malek
Published: Feb 15, 2016 7:18 a.m. ET
Choppy trade as hopes grow for production cut pact
Crude-oil prices continued to march higher in choppy trade on Monday, gaining on...
Gold Is Tripped Up By Higher Oil and Stronger Equities
Friday February 12, 2016 18:15
It’s easy to define the “what?” and the “how?” of today’s markets. Let’s start with the astounding leap in oil. The “why?” will be elusive? But do read on. The answer is below – far below.
At 4:00 in New...
We Won’t Back Down. The Energy Report 2/12/16
Friday, February 12, 2016
by Phil Flynn of The PRICE Futures Group
No matter what, we won’t back down. Well on second thought, maybe we will back down. It’s not what is being proposed but it is who is doing the proposing. After a late break in oil...
The Big-Oil Bailouts Begin
by Don Quijones • January 30, 2016
The hundred-billion-dollar question.
By Don Quijones, Spain & Mexico, editor at WOLF STREET.
Low oil prices continue to sow fear, uncertainty, and mayhem across the emerging market complex. On Wednesday, it was leaked that the...
'Non-Profit' Is Back With A Bang: 'Beggar Thy Neighbor' Complicates The Oil Industry
Feb. 12, 2016 7:09 AM ET
Financial development in Oil futures market increased risks for the industry as well as for other commercial constituencies involved in oil.
Sovereign Wealth Funds Draining Market Liquidity
Feb. 10, 2016 5:27 AM ET
Wall Street Daily
By Tim Maverick
Most financial market observers point to liquidity from central banks as a prime reason stock markets have gone up so much in recent years.
True enough… But there's another huge source...
Oil industry woes grow as storage levels hit ‘critical level’
By Myra P. Saefong
Published: Feb 8, 2016 5:23 p.m. ET
Storage tanks at Cushing, Okla. are filling up.
The storage tanks at Cushing, Okla., the delivery point for the New York Mercantile Exchange crude contract, are...
NFP is DOA
Good Morning Traders,
As of this writing 4:20 AM EST, here’s what we see:
US Dollar: Down at 96.965 the US Dollar is down 89 ticks and trading at 96.965.
Energies: March Crude is up at 31.01.
Financials: The Mar 30 year bond is up 9 ticks and trading at 163.17.
Indices: The Mar...
CR: Schedule for Week of February 7, 2016
SA: Weighing The Week Ahead: Is A Recession Looming? 02/07
LT: Outlook for Week of...