Energy News | Consilience Energy Advisory Group

Too Poor to Protest?

November 10, 2016
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10th November 2016

As oil prices continue to languish in the mid $40s, producers who sanctioned exploration and development plans and refiners who hedged their crude oil supply at price levels higher than today and ship owners suffering low freight rates and rising costs from environmental legislation are […]

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The only certainty in oil is more uncertainty

November 7, 2016
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By hellenicshippingnews Oil registered the biggest weekly loss in almost 10 months as hopes faded that Opec will be able to implement a promised deal to cut production and ease global oversupplies. Once prices stop climbing, they (most often) correct. With little clarity about specific production cuts, prices […]

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Is Oil A Long Term Buy?

November 7, 2016
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By hellenicshippingnews Oil prices were so low at the beginning of the year, that some made the argument that bottles of water were more expensive. But with OPEC pledging to curb production, a tightening of the market could happen before the year ends. Investors are more focused than […]

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U.S. crude oil production in 2015 was the highest since 1972, but has since declined

November 7, 2016
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Source U.S. Energy Information Administration Petroleum Supply Annual U.S. field production of crude oil increased in 2015 for the seventh consecutive year reaching 9.42 million barrels per day

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Source:: Oil Voice […]

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