Dec 10, 2018

Australia Surpassed Qatar To Become World’s Top LNG Exporter

By James Henshaw

Australia overtook Qatar to become’s the world’s leading liquefied natural gas (LNG) exporter for the first time in November, as per data from Refinitiv Eikon.

Dec 9, 2018

Tesla May Buy Unused GM Plants – Elon Musk

By Eddie Gunn

In his recent interview on 60 Minutes which aired on Sunday night, Tesla CEO Elon Musk said that the company would consider purchasing idled GM plants. Musk also touched on a number of topics, including his lack of respect for the SEC.

Dec 8, 2018

General Electric: Now What?

By Eddie Gunn

The beleaguered industrials giant General Electric (GE) officially made the painful 92% dividend cut on Friday. The stock has fallen by more than 60% this year and the company has acknowledged that many of its regular investors have abandoned the stock. But there could be more pain ahead as analysts have warned that the struggling company’s turnaround could be slow, difficult and lengthy process.

Dec. 7, 2018 - Daily Energy Update

By Sarfaraz A. Khan

WTI crude oil: $52.61 a barrel
Brent crude: $61.67 a barrel
Natural gas: $4.49 per MMBtu   

Crude oil prices settled higher as OPEC announced 1.2 million barrels per day production cuts which, as per BNP Paribas global oil strategist Harry Tchilinguirian, should “attenuate but not eliminate expected implied global inventory builds” in H1-2019. Wood Mackenzie forecasts Brent climbing to more than $70 by Q3-2019.

Dec 6, 2018

Chevron: Buy Only The Best Oil Stocks

By Sarfaraz A. Khan

Summary: Chevron benefits from having diverse and low-cost oil producing asset base, such as in the Permian Basin where it is one of the biggest operators.

No OPEC Deal Is A Real Possibility - Saudi Energy Minister

By Jim Henshaw

Saudi Arabia's energy Khalid al-Falih has said that a no-deal scenario at the latest OPEC meeting is a real possibility. "It's real,” al-Falih told CNBC’s Hadley Gamble in an interview.

Dec. 6, 2018 - Daily Energy Update

By Sarfaraz A. Khan

WTI crude oil: $52.35 a barrel
Brent crude: $61.04 a barrel
Natural gas: $4.42 per MMBtu

Oil prices fell slightly amid the stock market selloff but trading remained low as markets looked forward to the OPEC meeting which is widely expected to result in a supply cut aimed at rebalancing the market after crude plunged 30% since October. President Trump weighed in with the following tweet: