The folks ‘in the know’ are predicting at least a “modest” oversupply in global oil markets next year.
Global Oil Makets
Is Global Oil Oversupply On The Horizon?
By MELISSA LYON | FOX ROTHSCHILD LLPSign up and get Breaking Energy news in your inbox.
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By Environmental Defense Fund Energy Exchange Blog
As oil and gas leaders converge on Houston for the year’s largest industry conference, CERA Week, falling oil and gas prices are understandably top of mind and a cause for concern for the industry. But there is another decline story underway in industry, one that poses a risk to the future of hydrocarbons in a… Keep reading →
Energy News Roundup: Eni Discover Historic Gas Field, Energy Shares Up & Battery Technology Prices Could Plunge
By Conor O'Sullivan
Italian energy group Eni has claimed to have found one of the world’s largest natural gas fields off the Egyptian coast. [BBC News] A spike in oil prices helped energy shares reverse an early decline on Monday. [ABC/AP] An energy storage study claims that prices for battery technologies will plunge up to 60% over the next… Keep reading →
Americans are not spending much of the money they’re saving at the pump. Some benefit in home prices and employment have come to areas with long commutes, but effects on retail spending have been “more ambiguous,” according to an analysis from Goldman Sachs economists. “Our view has been that the boost to real incomes from… Keep reading →
