Commodity Trade Mantra

Posts Tagged ‘Shale Gas’

Oil Prices Hint Bear Market As Short Positions Surge To 10 Year High

The latest CFTC data show that speculators increased their shorts (bearish bets) by the biggest volume on record in last week’s data for WTI crude oil. Saudi Arabia has cut its official selling price (OSP) for Arab Light into Asia for September by the biggest amount in nearly a year. The price discount is a response to lower impending Asian oil demand as refiners dial back on runs.

Can Crude Oil Prices Continue To Rally Like This?

Oil prices have bounced around a bit after last week but have held more or less in the range of $43 per barrel for WTI and $45 for Brent. The price gains over the past few weeks come as the fundamentals have improved. Oil production is expected to continue to fall through 2017 as too few new wells come online to replace rapidly falling shale output.

Chevron Terminates All Shale Gas Exploration In Europe

The US Energy Information Agency first estimated that Romania had enough shale gas reserves to supply the country for more than a century, but on exploration failures it looks like Romania does not have shale gas. So a SHALE ENERGY BANG turned into a WHIMPER as Chevron’s shale gas exploration projects turned out to be an utter failure.

As the Eurozone Stalls, China Cuts the Red Tape

Compared to many Eurozone nations, China is relatively young. There’s huge growth potential in this region, especially now that Premier Li has resolved to cut red tape & balance monetary and fiscal policy. In 10 years’ time, the 35-to-45 cohort, a well-educated group with good salaries & credit, will expand dramatically.

The Coming Two - Stage Rally In Silver

The majority of the precious metals analysts discuss the revaluation of silver as it pertains to the amount of fiat currency in the system. While this is a good determination, it only deals with one part of the overall equation. The second & more important factor… is the destruction of “PAPER CLAIM CHECKS” on physical assets.

Decline of US Shale Energy To End Gold And Silver Manipulation

The U.S. Shale Energy Industry is heading for big trouble and very few Americans realize it. Not only will the peak and decline of U.S. shale oil and gas production spell disaster for the U.S. economy, it will also be one of the factors responsible for ending manipulation in gold and silver.

Boundless Natural Gas, Boundless Opportunities: Interview with EIA Chief

US Energy Information Administration (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace & likely to continue without hitting a geologic peak. Current output is close to 70 billion cubic feet a day & expected to reach over 100 billion cubic feet by 2040.

Why the Rising Tide in Oil Hasn’t Been as Good for Offshore Ventures

Thanks to additional new U.S. pipeline capacity and the growing volume of oil product exports from American refineries, the glut of excess storage at Cushing is shrinking. With crude oil prices continuing to rise, you would think that’s good news for both onshore and offshore drilling ventures.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook