Energy News | Consilience Energy Advisory Group

India’s oil demand shrinks compared to China in 2017

June 2, 2017
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By hellenicshippingnews. Demonetisation might have given political brownies to Narendra Modi government through recent poll victories. However, it dragged India back in terms of oil demand compared to rival China in 2017. According to a Platts Analytics report, oil demand in India during the first quarter (Q1) of […]

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Last four times oil did this, huge rallies occurred, and it’s very close to doing it again: Tom Lee

June 1, 2017
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This may be the best time in months to fire up oil trades, according to Wall Street veteran Tom Lee. Read full story ›

Source:: CNBC energy […]

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U.S. oil rig count to peak soon unless WTI prices rise: Kemp

June 1, 2017
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By hellenicshippingnews.. U.S. exploration and production companies have hired an extra 400 rigs to target oil-bearing formations since the end of May 2016, according to oilfield services company Baker Hughes. The number of active oil-directed rigs has more than doubled over the last year, from […]

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Trump has little to gain and much to lose by backing out of Paris Agreement, analysts say

June 1, 2017
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President Trump would score some political points by backing out of the Paris Agreement, but would rile U.S. allies. Read full story ›

Source:: CNBC energy […]

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