Energy News | Consilience Energy Advisory Group

Low oil prices could lead to an investment drought The sudden and dramatic plunge in global oil prices determined mainly by supply demand and partly by expectation has also been compounded by pocket

Read full story ›

Source:: Oil Voice […]

By hellenicshippingnews Saudi Arabia said its accord with Russia to cap oil production was “the beginning of a process,” but the path from a freeze to the output cuts needed to eliminate a global surplus is far from clear. When Saudi Oil Minister Ali al-Naimi hinted that […]

LONDON, Feb 22 (Reuters) – Hedge funds have taken an increasingly nuanced position on oil prices since the start of the year, becoming more bearish towards U.S. crude but bullish towards Brent.

Read full story ›

Source:: Reuters UK Natural Resources […]

Winter started late destroying demand for natural gas in America. Natural gas storage touched record levels at the end of the refill season. NYMEX Henry Hub futures briefly traded below 2 per MMBT

Read full story ›

Source:: Oil Voice […]