Black Sea wheat market quiet on lack of trading
The Black Sea wheat market was quiet August 16 mainly due to a lack of trading in
Russian wheat despite the fact that this is now the peak of the season.
U.S. crude oil exports are increasing and reaching more destinations
(Tue, 16 Aug 2016) The number of countries receiving exported U.S. crude oil has risen since the removal of restrictions on exporting U.S. crude oil in December 2015. U.S. crude oil exports have occurred despite relatively small price spreads between international crude oils and domestic crude oils, as well as other factors that should reduce crude oil exports, such as falling U.S. crude oil production and added cargo export costs.
Performance versus prescription in new US Arctic rules: Fuel for Thought
In its new rules for oil and gas drilling in the Arctic, the US has taken the biggest step yet toward a performance-based system that sets clear standards, but allows industry flexibility in how to meet them.
Shale gas production drives world natural gas production growth
(Mon, 15 Aug 2016) In the U.S. Energy Information Administration's International Energy Outlook 2016 (IEO2016) and Annual Energy Outlook 2016 (AEO2016), natural gas production worldwide is projected to increase from 342 billion cubic feet per day (Bcf/d) in 2015 to 554 Bcf/d by 2040. The largest component of this growth is natural gas production from shale resources, which grows from 42 Bcf/d in 2015 to 168 Bcf/d by 2040. Shale gas is expected to account for 30% of world natural gas production by the end of the forecast period.
Energy crises of the past paved the way for politics of energy today
John Kingston on falling US production levels and rising consumption that set the stages for the first stirrings of the energy crisis in the early 1970's.
What have been the drivers behind gold's 25% gain year-to-date?
Our editors examine the drivers behind gold's 25% gain year-to-date and recent developments in the precious metals market, including the new futures contract announced by the LME.
Hillary Clinton’s Plan for a Fair Economy
While not comprehensive, the proposals are realistic, incremental and far better than Donald Trump’s vague plan.
World tight oil production to more than double from 2015 to 2040
(Fri, 12 Aug 2016) World tight oil production is expected to more than double between 2015 and 2040, increasing from 4.98 million barrels per day (b/d) in 2015 to 10.36 million b/d in 2040, according to the U.S. Energy Information Administration's <em>International Energy Outlook 2016</em> (IEO2016) and <em>Annual Energy Outlook 2016</em> (AEO2016).
Surging OPEC crude production, talk of a freeze, and the meeting in Algiers
Herman Wang examines the forces impacting OPEC crude oil supply and how that dynamic could play out when the organization meets on the sidelines of the International Energy Forum in September.
What the 'MJPexit' debate implies in the aluminum market
Debate is flaring in Japan’s aluminum industry ahead of the fourth quarter contract premium negotiations about the future of term pricing, popularly dubbed as MJP or main Japanese port.