- The World’s 10 Biggest Energy Gluttons @ 24/7 Wall St. - 5 hours ago
By Andrew Topf of Oilprice.com Next time you get into your car and drive to the supermarket, think about how much energy you consume on an annual basis. It is widely assumed that Westerners are some of ...
- Oil's plunge means $3 gas for many consumers @ USA TODAY - 14 hours ago
Plunging crude oil prices could push gas to $3 a gallon for most of the USA.
- Natural Gas Risk? Russia In Control @ Barrons.com - 15 hours ago
With tensions between Russia and Ukraine, through which Russia delivered half its natural gas exports to Europe in 2013, the U.S.
- Must-know: Rise in gasoline demand is bullish for prices Market Realist - 17 hours ago
Last week, gasoline inventories decreased by 0.4 MMbbls to 210.3 MMbls. This, despite the fact that analysts expected inventories to remain unchanged.
- Why all is not well for gold miners like Barrick and Kinross Market Realist - 17 hours ago
With the great gold price fall of 2013, stocks like Goldcorp Inc. (GG), Barrick Gold Corp. (ABX), Newmont Mining Corporation (NEM), and Kinross (KGC) were down from their peaks in 2012.
- Stocks close slightly lower in volatile session @ USA TODAY - 17 hours ago
U.S. stocks were once again spooked after Hong Kong took a tumble for a second day.
- Seasonal maintenance: Why refineries are slowly lowering inputs Market Realist - 21 hours ago
Last week, refineries operated at 93.4 % of their capacity, or 0.4% higher than the week ended September 19.
- Why increased natural gas production depressed prices Market Realist - 21 hours ago
Natural gas prices can continue to remain relatively depressed. Shale resource development allowed companies to economically produce natural gas, even at lower prices.
- Gold dilemma: Should you invest in physical gold or gold stocks? Market Realist - 21 hours ago
Investors interested in gold face two main options. They can either invest in physical gold or ETFs that track gold prices or they can invest in gold stocks.
- Must-know: Why crude inventories unexpectedly dropped Market Realist - Tue, Sep 30, 2014 9:00 AM EDT
Crude inventories decreased by 4.3 million barrels (MMbbls) to an 8-month low. This is in stark contrast to analysts’ expectations of a 0.75 MMbbls increase.
- Why natural gas prices increase as the weather gets colder Market Realist - Tue, Sep 30, 2014 9:00 AM EDT
Natural gas prices mainly increased last week—touching $3.97 on Wednesday—as a result of warmer-than-normal autumn weather forecasts. Warmer weather is bullish for natural gas prices.
- Must-know: Which coal producers benefit from their location? Market Realist - Tue, Sep 30, 2014 9:00 AM EDT
With a low production cost and lower coal-fired power plant retirements expected in the west, the Powder River Basin (or PRB) currently looks better than the other regions. However, PRB coal's export potential ...
- Understanding the multiples-based valuation approach for miners Market Realist - Tue, Sep 30, 2014 9:00 AM EDT
Having discussed the net asset value approach, we’ll now discuss multiples-based valuation methods that you can also use to value gold mining stocks.
- Brent Helped By Positive Data From The U.S. And China Benzinga - Tue, Sep 30, 2014 8:30 AM EDT
Brent crude oil traded steadily above $97 on Tuesday but remained under pressure from oversupply worries. The commodity traded at $97.35 at 5:00 GMT helped by positive economic data from the world’s two ...
- Basic Materials: A Real Estate Cloud Over China--and Many Commodities @ Morningstar - Tue, Sep 30, 2014 7:00 AM EDT
Chinese real estate, a big driver of demand for industrial commodities, is likely to weigh on the country's GDP growth in coming quarters.
- Nauru's road from bird droppings to bust @ Financial Times - Tue, Sep 30, 2014 4:54 AM EDT
Not long ago it was one of the world's richest nations due to its abundant supply of phosphate, a key ingredient in fertilizer formed from bird droppings. But the tiny south pacific island of Nauru warned ...
- Dominion natural gas exports plan gets federal OK Associated Press - Mon, Sep 29, 2014 10:32 PM EDT
WASHINGTON (AP) — Dominion Energy received federal approval late Monday to export liquefied natural gas from its Cove Point terminal on the Chesapeake Bay in Maryland.
- Opportunities and threats for coal producers in the Illinois Basin Market Realist - Mon, Sep 29, 2014 5:00 PM EDT
Transporting high sulfur coal over long distances adds to pollution. Since the EPA waged a war on coal, it probably won't allow ILB coal to be transported to other parts of the U.S.—even if it makes economic ...
- Must-know: Valuing gold mining companies like Newmont Mining Market Realist - Mon, Sep 29, 2014 5:00 PM EDT
The method used to value a mining company depends on the stage in the mining life cycle the company's currently in. For early-stage companies, since the reserve life and grade et cetera aren't known, the ...
- Why the EIA natural gas inventory data beats expectations Market Realist - Mon, Sep 29, 2014 4:12 PM EDT
On September 25, the U.S. Energy Information Administration (or EIA) reported a 97 billion cubic feet (or bcf) natural gas inventory build for the week ending September 19—to 2,988 bcf.
- Coal: When Tax Loss Selling is a 'Better Opportunity Than Hanging On' @ Barrons.com - Mon, Sep 29, 2014 3:50 PM EDT
Should investors be afraid of coal stocks like Arch Coal (ACI), Alpha Natural Resources (ANR) and Peabody Energy (BTU)? Yes, unless they happen to be very long-term investors, says JPMorgan's John Bridges and team: The coal equities have fallen two-thirds from their 2011 peak as supply has overtaken faltering demand. …
- Stock Retreat Leads Gold Higher, Silver Falls @ Barrons.com - Mon, Sep 29, 2014 3:01 PM EDT
Gold erased some of Friday's pain, closing higher on Monday amid a selloff in the broader stock market. Gold for December delivery edged ahead to $1,218.80, just above the eight-month lows it sank to Friday. ...
- Oil Prices Fall, and the Global Economy Wins @ BusinessWeek - Mon, Sep 29, 2014 1:57 PM EDT
Lower oil prices will transfer economic growth from oil producers to consumers
- End of the Iron Age @ Financial Times - Mon, Sep 29, 2014 1:13 PM EDT
Story of a supercycle Iron is one of the most abundant elements on earth but pulling it out of the ground efficiently can be a daunting undertaking. Snaking through the low, green hills of southern Brazil ...
- Why export volumes at Port Hedland hit a record high in August Market Realist - Mon, Sep 29, 2014 1:02 PM EDT
Exports at Port Hedland, the world’s largest bulk export port, show the volumes that are being shipped out of Australia to China and other ports. This is an important supply side indicator which shows ...
- Peabody Energy and Alliance Resource dominate the Illinois Basin Market Realist - Mon, Sep 29, 2014 1:00 PM EDT
Peabody (BTU) is the largest reserve holder. It's the second largest producer in the ILB. It shipped 30 million tons in 2013. The company runs three underground mines and five surface mines in the region. ...
- Key things to look out for when you invest in junior gold stocks Market Realist - Mon, Sep 29, 2014 1:00 PM EDT
The junior mining space is very risky, given very limited options in terms of mines and their involvement in early stages. So it's very important to identify the right junior stock.
- Afren gains on stake-building by SAPetro @ Financial Times - Mon, Sep 29, 2014 12:59 PM EDT
Stake building by a neighbour put Afren in focus on Monday. South Atlantic Petroleum of Nigeria, a privately held oil explorer known as SAPetro, declared a maiden 3.14 per cent stake in Afren worth around ...
- Encana to buy Athlon Energy in $7bn deal @ Financial Times - Mon, Sep 29, 2014 12:51 PM EDT
Encana of Canada has become the latest company working in North America's shale reserves to make a leap to reduce its reliance on gas, and increase its oil production, by agreeing a $7.1bn deal to buy ...
- What Happens When Oil Drops Below $90 a Barrel? 24/7 Wall St. - Mon, Sep 29, 2014 12:40 PM EDT
Nearly every oil industry analyst, participant and casual observer expects the price of oil to continue to slide from the current level.
- Aluminium threatens steel's dominance of the car industry @ Financial Times - Mon, Sep 29, 2014 12:30 PM EDT
A wave of heat surges through the hall at the steel-finishing plant in Calvert, Alabama, as a large slab of the metal emerges from a furnace at temperatures of up to 3,000C. Then, glowing like molten lava, ...
- Sumitomo's US shale oil foray turns sour @ Financial Times - Mon, Sep 29, 2014 12:29 PM EDT
Sumitomo Corp of Japan has drawn a line under its disastrous two-year foray into shale oil in the US, with writedowns connected to the project almost completely erasing its full-year earnings. On Monday, ...
- Natural gas inventory figures are important for energy investors Market Realist - Mon, Sep 29, 2014 12:12 PM EDT
Rising demand limits supplies—especially in the winter. This can increase natural gas prices. This happened last winter when heating demands were at their highest. Natural gas prices touched $6 million ...
- Must-know: Will a shift to natural gas benefit US Steel? Market Realist - Mon, Sep 29, 2014 9:00 AM EDT
As U.S. Steel moves towards electric arc furnaces (or EAF) for making steel, natural gas will become an important energy source.
- Must-know: The EPA helped a coal producing region Market Realist - Mon, Sep 29, 2014 9:00 AM EDT
The Illinois Basin produced ~120 million tons of coal during the 12 months ending September 13, 2014. This was ~65% of the interior region's total production of 185 million tons during the same period. ...
- Brent Remains Below $97 On Weak Chinese Data Benzinga - Mon, Sep 29, 2014 8:48 AM EDT
Brent crude oil hovered near last week’s two-year low and traded at $96.38 at 5:50 GMT. The commodity has been under pressure recently as a global supply glut continued to grow while some of the world’s ...
- London Mining shares hit as it makes urgent call to refinance @ Financial Times - Mon, Sep 29, 2014 7:38 AM EDT
London Mining shares plunged by more than half in value on Monday after the struggling iron ore miner said it did not have enough funds to keep trading without raising more finance. The miner also said ...
- Lloyds fires eight over rate-fixing claims @ Financial Times - Mon, Sep 29, 2014 7:29 AM EDT
Lloyds Banking Group said it has dismissed eight people and will hold back £3m in bonuses after they were found to have attempted to manipulate key benchmark interest rates, as the long-running probe into ...
- LME plans to raise fees by a third @ Financial Times - Mon, Sep 29, 2014 6:39 AM EDT
The average cost of trading on the London Metal Exchange will rise by a third from January next year, a major step towards commercialising the 137-year old exchange by its Hong Kong owner. Hong Kong Exchanges ...
- What history teaches us about USA's energy boom @ USA TODAY - Sat, Sep 27, 2014 9:00 AM EDT
Booms often lead to busts.
- Must-know: Appalachian coal producers’ challenges Market Realist - Fri, Sep 26, 2014 5:00 PM EDT
The main issue impacting Appalachian producers is competition from other basins. Since Appalachian coal is buried deeper inside the Earth's surface than coal found elsewhere in the U.S., it's also more ...
- Family spending on gasoline hits all-time high @ USA TODAY - Fri, Sep 26, 2014 3:33 PM EDT
The average U.S. household spent an average of $2,600 last year
- Russia and Ukraine near deal on gas supplies @ Financial Times - Fri, Sep 26, 2014 3:31 PM EDT
Kiev and Moscow on Friday agreed the basis of a deal that could restore natural gas supplies to Ukraine and avert the risk of supply disruptions to European states during winter. Under the framework agreement, ...
- US shale oil and gas producers are victims of their own success @ Financial Times - Fri, Sep 26, 2014 3:02 PM EDT
Shale oil and gas producers have, arguably, saved America's industrial future and global strategic position. They are not doing quite so well for their investors. Consider the share price of the most innovative ...
- Why Consol Energy is better off than other US coal producers Market Realist - Fri, Sep 26, 2014 1:00 PM EDT
Coal producers across the region are having a hard time. However, there's one exception—Consol Energy (CNX). Consol Energy has a presence in coal and natural gas production. Even in coal, it produces both ...
- Metals and Mining Suffer Worst Stretch Since 1990s: Is a Turnaround Imminent? 24/7 Wall St. - Fri, Sep 26, 2014 9:05 AM EDT
A new research report from the global metals and mining team at Credit Suisse cites factors most investors in the stocks are painfully aware of.
- Identifying the major drivers for gold mine economics Market Realist - Fri, Sep 26, 2014 9:00 AM EDT
Gold mine economics for companies like Goldcorp Inc. (GG), Barrick Gold Corp. (ABX), Newmont Mining Corporation (NEM), and Kinross (KGC) depend on many controllable and uncontrollable factors. We’ll discuss ...
- Big oil groups blame climate change on coal @ Financial Times - Fri, Sep 26, 2014 8:13 AM EDT
As a procession of chief executives rose to address world leaders at this week's UN climate summit in New York, one man in an elegant grey suit and spectacles stood out. He was Khalid A Al-Falih, chief ...
- Brent Likely To Post Another Weekly Loss Benzinga - Fri, Sep 26, 2014 8:05 AM EDT
Brent crude oil looked poised to post a weekly loss on Friday as it continued to struggle under the weight of oversupply and an ailing global economy. The commodity traded at $96.82 at 8:10 GMT as output ...
- Sports Direct leads FTSE 100 lower @ Financial Times - Fri, Sep 26, 2014 4:46 AM EDT
A rally in the mining sector and modest gains for banks were not a strong enough tonic to keep the FTSE 100 in positive territory on Friday as Sports Direct investors viewed the company's bet on Tesco ...