Commodity Pricing

“Don’t Panic” Over Oil Prices, Says U.S., OPEC

“Don’t Panic” Over Oil Prices, Says U.S., OPEC

How low can oil go?

Falling oil prices seemed to level off in mid-October, quelling fears from the market that has seen the S&P 500 index drop 5% in only one week. Just when the oil market was acclimating …

November 4, 2014 - 6:40 pm Commodity Pricing, Finance, Oil and Gas 360 Articles, OPEC

BHP to Sell Texas Oil Overseas Without Formal U.S. Government Approval

Story by The Wall Street Journal

A major energy company will soon sell U.S. oil abroad without explicit permission from the U.S. government, another sign that the decades-old federal ban on crude exports is crumbling.

BHP Billiton ’s deal to …

November 4, 2014 - 6:22 pm Commodity Pricing, Energy News

Halliburton CEO Expects Shale to Reverse Oil Price Slump

Story by Bloomberg

Halliburton Co. (HAL) Chief Executive Officer Dave Lesar is joining the chorus of oil executives who say they aren’t worried about falling oil prices, and expect them to climb next year.

“Despite what people are thinking, demand …

November 4, 2014 - 6:06 pm Commodity Pricing, Energy News
EIA Reports on Benefits of U.S. Exports

EIA Reports on Benefits of U.S. Exports

Exports of liquefied natural gas (LNG) are set to begin in 2015, and the number of United States LNG export stations are expected to triple by 2019. The next phase of U.S. energy is almost here, regardless of dissenting opinions …

Alberta pushes for rule change to spur Chinese investment, gain access to global markets

Alberta pushes for rule change to spur Chinese investment, gain access to global markets

Alberta’s new political leadership is calling on Ottawa to take another look at foreign investment rules blamed for a dramatic drop in energy investments from China.When the
Synergy Resources: No Fear of Oil Prices

Synergy Resources: No Fear of Oil Prices

On Wednesday, OPEC’s secretary-general Abdalla Salem el-Badri told an energy conference that oil price weakness would likely hit output of shale oil hard, the Wall Street Journal reported. “At this price, 50% of tight oil will be out of the …