27 Mar '16, 1am

This Isn’t The 1985 Oil Glut, Dont Expect A 20 Year Bear Market: Summary Expectations are for oil pr...

In summary, the oil markets have begun to heal but it will take time. Although we have 3.1 billion bbls of crude stored, the world will be consuming 96 million bbls/d by the end of 2016. The current glut has taking a significant number of days to work through, but this is based on a much lower spare capacity in OPEC and non-OPEC producers. In the 80s, oil hubs filled up quickly as supply outpaced demand by a much higher number. Gasoline demand is robust, and we could see a record driving season in the US. International economics are by no way as good, and will continue to drag on the market. We believe the recent run up could be just a relief rally, and oil could move back to the $32 to $34 range in the coming weeks. Although data has improved, it will take time. Much of the recent move was on dollar weakness, as the Fed mistakenly thought a dovish statement would maintain...

Full article: http://peakoil.com/production/this-isnt-the-1985-oil-glut...

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Is now the right time to dive into Oil and Gas ...

thefinance.sg 27 Mar '16, 1am

Oil price has climbed from a low of $30 per barrel early this year to $40 now. It is a more than 30% rise and share prices...

#peakoil Cheap Oil Slow to Boost Global Growth:...

peakoil.com 26 Mar '16, 4pm

Northwest Resident on Sat, 26th Mar 2016 10:32 am Could it be that the so-called “cheap oil” isn’t actually all that cheap...

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grist.org 28 Mar '16, 11pm

The U.S. has quickly become a global fracking powerhouse, and it’s not slowing down. According to a March report from the ...

World Gourmet Summit Turns 20

World Gourmet Summit Turns 20

luxuo.com 26 Mar '16, 4pm

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Parkway Life REIT acquires a 20 year lease Accretive Asset and Secures a 6 year 0.58% Loan

Parkway Life REIT acquires a 20 year lease Accr...

investmentmoats.com 29 Mar '16, 11pm

Parkway Life REIT is one of the most expensive REIT traded in the SGX if you rank it by price to book value, one of the co...

Electric Vehicles Will Deflate Demand For Oil

Electric Vehicles Will Deflate Demand For Oil

cleantechnica.com 30 Mar '16, 8am

Continued growth in the transportation sector ever since has provided the world’s oil companies with plenty of organic gro...

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grist.org 29 Mar '16, 12am

Earthquake risk is on the rise, and we mostly have ourselves to blame — or, more specifically, the oil and gas industry. I...