MarketWatchGunvor: no rebound to $100 oil, contango to deepenReutersAMSTERDAM Jan 22 (Reuters) - Oil trader Gunvor's head of analysis said on Thursday crude was unlikely to return to $100 a barrel in the foreseeable future, but prices were expected to be volatile as traders sought to move oil into storage during the ...Opinion: You can still cash in on the collapse in crude oilMiddle East Oil Producers Could See $300 Billion Export LossIs it time to get back into oil? ...

Media coverage of the Keystone XL pipeline is coalescing around a single narrative. It goes like this: environmentalists oppose the pipeline because of climate change concerns, and U.S. construction companies support the pipeline because it creates jobs.

Cue Energy informs shareholders about the impact of the sharp fall in oil price on the company and the emergence of New Zealand Oil and Gas as a major shareholder in the firm.

Saudi Arabia's new king is expected to stick to an OPEC policy of keeping oil output steady to protect the cartel's market share from rival producers, even as energy markets face some of the biggest shifts in decades.

ReutersOil jumps after Saudi king's death amid huge market shiftsReutersSINGAPORE (Reuters) - Oil prices jumped in early Asian trading on Friday as news of the death of Saudi Arabia's King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades. Abdullah died early on Friday and ...Saudi king's death will impact the price of oil, but by how much?What now for oil after Saudi king's death?Oil Rises After Death of Saudi King, but Effect...

Patrick Pouaynné, the CEO of oil giant Total, says continued low revenues mean the company has no choice but to cut capital spending, particularly investments in the North Sea and US shale operations. But jobs, he said, won’t be touched, and he predicted a return to more realistic prices eventually. “We have to control costs,” Pouyanné told France 2 television on Jan. 21 from Davos, Switzerland, where he has been attending the annual World Economic Forum. “This won’t mean cutting...

The 7-month-old plunge in oil prices will force Moscow to cut its budget for 2015 by 10 percent, perhaps even 15 percent, a senior Russian government official told a panel discussion at the World Economic Forum in Davos Switzerland. Russia, the world’s largest producer of crude, traditionally has relied heavily on oil revenues to run its government, but Deputy Prime Minister Arkady Dvorkovich said Jan. 21 that it is easing that reliance by tapping its currency reserves to make up...

Uncertainty about the immediate future seems to permeate most societies around the world. Few look far beyond the immediate. But what is now being put in place with the current global upheaval will form the basis of the strategic framework for the coming decades. Former US Secretary of State Henry Kissinger was quoted as saying that “if you don’t know where you are going, any road will get you there”. Updating this in The Art of Victory, I noted: “If...

Japanese novelist Haruki Murakami was so consumed by running he combined two of his loves to write a book called ‘What I Talk About When I Talk About Running‘. Although an odd concept, it’s actually quite a compelling read. Not only did I think this title was really great (although paraphrased from Raymond Carver), but it also reminded me of my own rather obsessive compulsions. So here are some of the things that I currently think about when I think...

In his penultimate State of the Union address – and first before a Republican-dominated Congress – President Barack Obama declared that the US is ready to “turn the page.” The economic and jobs’ data is promising and America is “ as free from the grip of foreign oil as we’ve been in almost 30 years,” he stated. Unfortunately, just what that next page holds – especially for the energy industry – was left, more or less, to the imagination. Still,...

BloombergUPDATE 11-Oil settles lower after large US inventory buildReutersNEW YORK, Jan 22 (Reuters) - Crude oil prices pared early losses but still settled lower on Thursday after a government report showed the biggest build in U.S. crude inventory in at least 14 years. The spread between WTI and global benchmark Brent ...Oil Drillers 'Going to Die' in 2Q on Crude Price SwoonOil Falters After ECB Announces New Bond-Buying ProgramOil Prices Gain Ahead of Inventory Data, ECB Meeting

BloombergOil Surges in New York After Saudi Arabia's King Abdullah DiesBloomberg“The market is reacting bullishly to this news because it may usher in a period of uncertainty as far as Saudi policies going forward as new leadership takes over,” said Andy Lipow, the president of Lipow Oil Associates LLC, an energy consultant in ...What now for oil after Saudi king's death?Oil Prices Spike on News of King Abdullah's DeathOil rises after death of Saudi king, but effect seen muted