Archives for 2016
Market Currents: Trump’s view on US energy markets
Things come in threes, so after the unexpected Brexit result earlier in the year, and Donald Trump’s surprise election victory overnight, it would appear we are destined for an unlikely OPEC production cut at the...
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Forecasting Trump’s role in energy; Harold Hamm as U.S. energy secretary?
Energy analysts on Wednesday morning struggled to forecast what Donald Trump’s upset win meant for the energy industry. Some counseled calm as they worked through their predictions. “We see nothing from the election result that...
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Oil inventories continue to grow after prior week’s record build
The nation’s stockpiles of commercial crude oil jumped by another 2.4 million barrels last week after a record build during the week prior, the Energy Department said Wednesday. Oil prices were down slightly Wednesday morning,...
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Coal production in 2016 expected to be lowest in decades
By the end of 2016 overall coal production is expected to drop to its lowest level since 1978, according to the U.S. Department of Energy. In its 2017 Outlook, the department’s Energy Information Administration predicts...
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Market Currents: OPEC’s longer-term view
Given the election is dominating much of the sentiment in markets today, and given the timely release of OPEC’s World Oil Outlook, today’s post digs into some of the longer-term trends emerging in the oil...
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