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Oil Prices Rally Above $46 per Barrel Mark for First Time in 5 Months

Oil prices continued to recover on Wednesday, surpassing the $46 per barrel mark to reach their highest values since late November.

After Saying Oil Would "Not Hit $44 During My Lifetime", Gartman Flip-Flops, Turns Bullish

In late January, when oil was trading in the low $30 range, Dennis Gartman made a bold forecast: "we won't see crude above $44 again in my lifetime" Three months later, oil just hit $45 - its highest price since November - and yet Gartman...Show More Summary

“There is no doubt”: Exxon Knew CO2 Pollution Was A Global Threat By Late 1970s

Attachment Size Imperial Oil Archive - Pollution is Everyone's Business - 1970 - Accessed February 2016 1.65 MB Imperial Oil Archive - Review of Environmental Activities - 1980 - Accessed February 2016 5.72 MB DeSmogBlog-Imperial Oil...Show More Summary

Oil falls as traders cash in after three weeks of gains

By Sarah McFarlane LONDON (Reuters) - Oil prices slipped on Monday as traders took profits after three weeks of gains and as a jump in the dollar late last week was priced into fuel markets. Front-month Brent crude was trading at $44.80 per barrel at 1101 GMT (6:01 a.m. Show More Summary

Tolls Hits 24 in Mexico Chemical Blast

The death toll from a petrochemical plant explosion in southeastern Mexico has risen to 24, state oil company Petroleos Mexicanos reported late Thursday. Pemex raised the toll from the 13 fatalities previously known and also said 19 people remained hospitalized, with 13 of them in serious condition. Earlier in the...

flemishgarden: Willem Schellinks - Shah Jahan and his four...

flemishgarden: Willem Schellinks - Shah Jahan and his four sons late 17 th century oil on canvas Guimet Museum, Paris

Wells Fargo’s Q1 Results Low Oil Prices, Weak Mortgage Activity

Wells Fargo managed to surpass investor expectations with its first quarter results late last week, but it was not all good news for the banking giant as losses from its loan portfolio to oil and gas companies continue to swell even as its cornerstone mortgage banking business remains under pressure.  ’s results for the quarter […]

Good News on Voting Rights & Concerns About NY's Presidential Primary

On today's BradCast, we begin with a late update on the weekend's devastating earthquake in Ecuador and the failure of oil producing nations to reach an agreement to cut production (in hopes of raising worldwide oil prices).

Semiconductive fabric soaks up oil spills while fighting bacteria and pollutants

The Deepwater Horizon oil spill may have been catastrophic in many ways, but if there's any silver lining to the disaster it's the efforts to find better ways to better extract oil from water that emerged in the aftermath. The latest...Show More Summary

Institutional Investors Were Too Late To The Shale Game. Will They Ever Learn?

Few things bother institutional investors more than having to explain to their clients why they are sitting out the latest hot thing. There is no better example than their piling into shale oil in late 2013 and all through 2014 after all the warning signs pointed to the exits.

An Oil-Price Recovery? We're Not There Yet

Oil prices have increased60% since late January. Is this an oil-price recovery? Two previous price rallies ended badly because they had littlebasis in market-balance fundamentals.The current rally will probablyfail for the same reason. The Oil Glut Worsens But Prices Reach 2016 Highs Although oil prices reachedthe highest levels so far in 2016 during [...]

ExxonMobil CEO Relieved It Finally Too Late To Do Anything About Climate Change

2 weeks agoHumor : The Onion

IRVING, TX—Saying the multinational oil and gas conglomerate had “really dodged a bullet,” ExxonMobil CEO Rex Tillerson told reporters Wednesday how relieved he was now that it was finally too late to do anything about climate change. Show More Summary

$85 Crude Oil By Christmas - An Interview With Mike Rothman

After a 50 percent rally in oil prices between February and March, crude has retreated a bit as of late. The upcoming OPEC-Russia meeting in Doha looms over the markets, but few expect the outcome to have any material impact on supply and demand. Show More Summary

Play the fan-made 3D remake of Legend of Zelda before it's too late

Before Form Software was acutely aware of the oil vein it'd hit with Demon's Souls in early 2009, the studio finished up 3D Dot Game Heroes for the tail end of the year. It was a 3D riff on the original Legend of Zelda that no one seemed...Show More Summary

US oil industry business models to change post-recovery: Fuel for Thought

Green shoots of optimism are poking through the parched ground of the oil patch lately as industry focuses on the aftermath of a downturn they hope has troughed. But the US E&P sector that emerges from the latest carnage will be different as business models will be forced to change. Show More Summary

The Narrative Changes: Goldman "Explains" That Higher Oil Prices Are Actually Better For The Economy

Back in late 2014 and early 2015, this website soundly mocked any and every economist that suggested that plunging oil prices - in a globalized economy where oil has been financialized beyond recognition and impacts every asset class,...Show More Summary

Relax, You Actually Procrastinate Much Less Than You Think

There's a wide range of behaviors you accomplish so automatically that you hardly realize when you do. You swear you won't wait until the last minute to file your taxes or turn in that term paper. You're late changing the oil in your car. Show More Summary

Monaco, UK Probe 'Vast Corruption Scandal' In Oil Business

last monthNews : Huffington Post

Monaco's government says it is helping British authorities investigate a "vast corruption scandal" implicating an unspecified number of international oil companies, the tiny European principality said in a statement released late Thursday. Show More Summary

Christian Bishop: God Heals People Through the Olive Oil You Can Buy on My Website

Kingdom Church in London has been in the news lately for holding noisy services at 3:00 in the morning. They've even been fined for noise pollution. So why bother? According to Bishop Climate Irungu, it's because that's when "demonsShow More Summary

Cyprus Moves to Open Third Offshore Licensing Round

Late last week, Cyprus opened the door for a third licensing round for offshore oil and gas drilling, offering some confidence in the future of the country’s energy efforts.

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