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Oil rebounds from steep selloff as OPEC, partners discuss supply cut   Nov 14, 2018
NEW YORK (Reuters) - Oil rose about 2 percent on Wednesday, recouping some of the previous session’s heavy selloff, on the growing prospect of OPEC and allied producers cutting output at a ... Reuters  

Commentary: Oil prices tumble as traders look beyond Iran   Nov 14, 2018
LONDON (Reuters) - Oil prices have fallen sharply since passing a cyclical peak at the start of October, amid surging production and mounting concerns about the state of the global economy and the ... Reuters  

Canadian Oil Pain Sparks Call for Government-Mandated Output Cuts   Nov 14, 2018
Oil-sands producer Cenovus Energy Inc. says the province already has legislation on the books that would allow it to require all drillers to curtail output temporarily to alleviate the glut -- and it needs to use it. The Calgary-based company cited a ... Yahoo New Zealand  

Natural Gas Funds Surge as Cold Weather Raises Supply Worries   Nov 14, 2018
As chilly winter weather makes an early arrival in the U.S., spurring concerns that fuel supplies may not be adequate to meet seasonal demand, exchanged-traded funds and notes tracking natural gas futures are heating up. The $625 million VelocityShares ... Bloomberg L.P.  

Oil Prices: It Took Bears Just 12 Days to Maul 12 Months of Bull Market Gains   Nov 14, 2018
The recent plunge in oil prices has naturally put pressure on most oil stocks. Shares of U.S. drillers Devon Energy (NYSE: DVN), Pioneer Natural Resources (NYSE: PXD), and Marathon Oil (NYSE ... Yahoo Finance  

IEA: Soaring Supply Points To Oil Surplus In 2019   Nov 14, 2018
Surging production from the world’s biggest oil producers have more than offset Iranian and Venezuelan supply losses, while demand growth in some developing markets is slowing, pointing to a ... OilPrice  

Recent APA News   Nov 14, 2018
HOUSTON, Nov. 12, 2018 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) and Kayne Anderson Acquisition Corporation (“KAAC” ), a special purpose acquisition company (SPAC), which previously traded on the Nasdaq under the ticker symbols ... Bloomberg L.P.  

Natural Gas Futures Spike on Forecasts for Freezing Temperatures   Nov 14, 2018
Investing.com - Natural gas futures surged for the third session in row on Wednesday, as investors reacted to forecasts showing freezing temperatures hitting much of the U.S. through late November. natural gas futures jumped 37.0 cents, or around 9%, to $4 ... Yahoo Singapore Finance  

Natural gas prices rocket higher on cold weather forecast, jumping as much 20 percent   Nov 14, 2018
Natural gas prices surged in panicky and volatile trading on Wednesday, after the latest cold weather forecasts raised fears that the U.S. is heading for a potentially colder-than-expected winter with too little gas supply. Futures for December were up ... Yahoo Singapore Finance  

Renowned energy trader Mark Fisher says the worst is over for oil and it's time to buy   Nov 14, 2018
However, Fisher theorized that much of the drop in oil prices is due to macro funds getting out of the crude trade and rotating into natural gas futures. He argued that for years, buying oil and selling natural gas has been a huge winner. "In no short ... Yahoo Singapore Finance  

Stocks edge higher, oil rebounds   Nov 14, 2018
Natural gas prices jumped as cold weather begins to settle in for many parts of the US. Prices for the December 18 futures contract (NG=F) rose as much as 79% from their September lows to $4.93 ... Yahoo Finance  

Magnitude 3.3 earthquake recorded in northern Oklahoma   Nov 14, 2018
Geologists say damage is not likely in quakes below magnitude 4.0. Thousands of earthquakes have been recorded in Oklahoma in recent years, with many linked to the underground injection of wastewater from oil and natural gas production. Scientists have ... Associated Press  

Consumer Energy Alliance Report: Virginians Saved Almost $11 Billion in 10 Years Thanks to Low Priced Natural Gas   Nov 14, 2018
WILLIAMSBURG, Va.--(BUSINESS WIRE)--Nov 14, 2018--Thanks to increased production and safer, state-of-the-art technologies – which together have decreased the price of natural gas -- Virginians saved almost $11 billion between 2006 and 2016, according to ... Associated Press  

Energistics Reports Record Number of New Members in 2018   Nov 14, 2018
Consortium members include super-majors ExxonMobil, Shell, Chevron, BP and Total, NOCs Saudi Aramco, Statoil, Petronas and Petrobras, independents Devon, Pioneer and Woodside, oilfield service companies Schlumberger, Halliburton, Baker Hughes-GE and ... The Business Journals  

Where America’s Oil Majors Stand as Prices Fall   Nov 14, 2018
But beware. First, Canadian Natural Resources Ltd. and Cenovus Energy Inc. are trying to cut their debt piles, so some of that free cash flow will go to bondholders rather than shareholders. Yahoo Finance  

Recent COP News   Nov 14, 2018
Nov. 14--The developers of Aurora Highlands, a huge mixed-use development south of Denver International Airport, and ConocoPhillips have reached an agreement that will allow the oil and gas company to drill in the area while keeping its distance from homes ... Bloomberg L.P.  

UPDATE 1-Pakistan's Engro needs a year for next LNG import terminal decision   Nov 14, 2018
LONDON, Nov 14 (Reuters) - Pakistan’s Engro said on Wednesday it will be a year before it can go ahead with a new liquefied natural gas (LNG) import terminal as domestic gas regulations need clarifying and new pipeline commitments are required. Reuters  

Gas to be Second-Leading Global Energy Source by 2030: 5 Picks   Nov 14, 2018
Natural gas could replace coal as the second-largest energy source in the world by 2030, driven by the growing usage of liquefied natural gas (LNG) globally in order to curb air pollution ... Yahoo Finance  

3 E&P Companies In The Americas: Which To Invest In?   Nov 14, 2018
To expedite the process, I decided to forgo an exhaustive screening and instead focus on three particular names, i.e., from north to south, Calgary-headquartered Baytex Energy Corp. (BTE), Denver ... Seeking Alpha  

Worried by oil slump, OPEC and partners discuss larger supply curbs: sources   Nov 14, 2018
DUBAI/LONDON (Reuters) - OPEC and its partners are discussing a proposal to cut oil output by 1.4 million barrels per day (bpd), three sources familiar with the issue said, although Russia may not be on board for such a large reduction. Worried by a drop ... Finance Yahoo  

Pakistan's Engro needs pipeline, regulatory clarity for LNG plant investment decision   Nov 14, 2018
Oil major Royal Dutch Shell, trading house Gunvor and a local company, Fatima, are joint venture partners in the terminal. Shell and Gunvor would source the LNG, Shah said. Reuters  

COLUMN-U.S. natural gas prices leap to four-year high amid low stocks: Kemp   Nov 14, 2018
LONDON, Nov 14 (Reuters) - U.S. natural gas prices have leapt to the highest level for more than four years as the market tries to conserve scarce gas stocks in the face of unusually cold weather ... Reuters  

Natural Gas Jumps 20% in U.S. to Highest Since 2014 Polar Vortex   Nov 14, 2018
Natural gas soared as much as 20 percent in New York trading on Wednesday amid cold weather in the U.S. and concerns that supplies may not be adequate to meet demand over the winter. Gas for December delivery traded at $4.920 per million British thermal ... Bloomberg L.P.  

Crude Crash Will Test Big Oil’s Devotion to Spending Discipline   Nov 14, 2018
Source for break-even price: JPMorgan estimates The critical number to look at is company break-evens, or where oil prices must be for projects to be profitable. Shell Chief Financial Officer Jessica Uhl said on Nov. 1 that new projects must make money ... Bloomberg L.P.  

TechnipFMC wins surface technologies deal from Chevron   Nov 14, 2018
TechnipFMC (NYSE:FTI) says it signed a five-year surface technologies frame agreement with Chevron (NYSE:CVX) covering the exclusive supply of surface wellhead equipment and service in the U.S ... Seeking Alpha  

Pioneer (PXD) Divests Pumping Assets, Inks Long-Term Deal   Nov 14, 2018
Pioneer Natural Resources Company PXD has inked an agreement with oilfield service provider ProPetro Holding Corp. (PUMP). Per the agreement, ProPetro will serve as a strategic long-term service ... Yahoo Finance  

GlassPoint and Occidental of Oman Sign Agreement to Cooperate on Project to Facilitate Oil Production in Oman   Nov 14, 2018
Occidental Petroleum’s global strategy includes active investment in CO 2 EOR and carbon capture, utilization and storage (CCUS), as well as other emissions-reducing technologies. This low ... Yahoo Finance  

IEA Welcomes Return of Oil Surplus After OPEC Output Surge   Nov 14, 2018
(Bloomberg) -- The International Energy Agency welcomed the oil market’s return to surplus as OPEC’s production surge swells global stockpiles and drives prices into a bear market. Inventories in industrialized nations have increased for four straight ... Finance Yahoo  

BRIEF-Xinjiang Haoyuan Natural Gas, Executives Fined And Warned By Securities Regulator For Violations   Nov 14, 2018
Nov 14 (Reuters) - Xinjiang Haoyuan Natural Gas Co Ltd : * SAYS IT, COMPANY EXECUTIVES FINED AND WARNED BY SECURITIES REGULATOR FOR VIOLATIONS OF SECURITIES REGULATIONS Source text in Chinese: https://bit.ly/2QMmDHC Further company coverage: (Reporting by ... Yahoo Singapore Finance  

Oil Pares Losses Amid Renewed Speculation of OPEC Production Cut   Nov 14, 2018
(Bloomberg) -- Oil pared losses amid renewed speculation that OPEC and its allies are considering cutting supply next year. Futures in New York steadied after Reuters reported OPEC and its ... Yahoo Finance  

Goldman Sachs Sees Oil Back Above $70 on Anticipated OPEC Cut   Nov 14, 2018
"Bloomberg Markets" is focused on bringing you the most important global business and breaking markets news and information as it happens. Bloomberg L.P.  

Growth angst and oil slide take European shares to two-week low   Nov 14, 2018
LONDON (Reuters) - European shares hit their lowest in two weeks on Wednesday as data showing the German and Japanese economies contracting in the third quarter fueled worries about global growth ... Reuters  

U.S. Holds Off on Trump’s Car Tariffs After Trade Meeting, Sources Say   Nov 14, 2018
Malmstrom said there may be enough common ground for a “limited” trade agreement between the U.S. and EU over industrial goods that excludes vehicles, agriculture and liquefied natural gas. The Trump administration said in September it wanted to reach ... origin-www.bloomberg.com  

Energy agency: Global oil supply jumps, sending prices lower   Nov 14, 2018
FRANKFURT -- The International Energy Agency says global oil supplies are growing rapidly as Saudi Arabia, the United States and Russia pump more oil in response to fears of higher prices as a result of renewed U.S. sanctions on Iran. The IEA said ... CTV News  

Real estate investment sales holding up despite property curbs   Nov 14, 2018
However, on a YOY basis, total volume was 57.9% lower as Q3 2017 saw the record high level of industrial investment sales, boosted by ExxonMobil’s acquisition of a petrochemical plant for SGD2.0 billion. Industrial REITs continued to reconstitute their ... Yahoo Singapore Finance  

Crude oil extends steep dive, stocks fall on growth fears   Nov 14, 2018
TOKYO (Reuters) - Oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply, while global shares sagged as energy sector strains heightened ... Reuters  

No Brexit deal boost for FTSE 100 as oil, miners drag   Nov 14, 2018
LONDON, Nov 14 (Reuters) - Britain’s top stock index sank on Wednesday as mining companies and oil majors sold off amid growing anxiety that global growth was slowing. The FTSE 100 fell 0.5 percent by 1000 GMT, hit by a commodities selloff and nerves ... Reuters  

ADNOC, Mubadala sign framework agreement to explore downstream investments   Nov 14, 2018
ADNOC CEO Sultan al-Jaber told Reuters earlier the firm would seek investment opportunities abroad in liquefied natural gas. (Reporting by Asma AlSharif; writing by Maha El Dahan; editing by Jason Neely) Our Standards:The Thomson Reuters Trust Principles. Reuters  

OPEC, partners discuss oil supply cut of up to 1.4 million bpd: sources   Nov 14, 2018
DUBAI/LONDON (Reuters) - OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day (bpd) for 2019, three sources familiar with the issue said, to avert an oversupply that would weaken prices. Worried by a drop ... Finance Yahoo  

Canadian oilsands player calls for government to mandate production cuts   Nov 14, 2018
Cenovus is not the only company to announce that it would limit its own oil output. Earlier this month, Canadian Natural Resources said it has already cut production by up to 15,000 barrels per day and could increase that figure to as much as 55,000 ... CBC.ca  

OPEC to the Oil Market: We Told You So   Nov 14, 2018
Image source: Getty Images. The slump in crude prices over the past month has hit oil stocks hard. Leading U.S. producers Anadarko Petroleum (NYSE: APC), Occidental Petroleum (NYSE: OXY), and ConocoPhillips (NYSE: COP), for example, have all tumbled more ... Yahoo New Zealand  

Texas pipelines draw attention, expansion plans in oil boom   Nov 14, 2018
The Woodlands exploration and production company Anadarko Petroleum this month said it would sell its pipelines — primarily in West Texas and Colorado — to its spinoff Western Gas Partners in a $4 billion stock-and-cash deal. In the most unusual deal ... Associated Press  

Why Oil Stocks Are Getting Pummeled Today   Nov 14, 2018
Among the biggest decliners were Seadrill (NYSE: SDRL), Weatherford International (NYSE: WFT), Oasis Petroleum (NYSE: OAS), Denbury Resources (NYSE: DNR), and Baytex Energy (NYSE: BTE), which all ... Yahoo Finance  

The Oil-Price Collapse Is Being Driven by Cars   Nov 14, 2018
(Bloomberg Opinion) -- If you’re asking which fraction of the oil barrel is responsible for the collapse in crude prices over the past month, look no further than the world’s drivers. Nymex RBOB gasoline futures – typically priced at a premium to ... Finance Yahoo  

How Will Oil's Freefall End? Here's Where You Can Look for Clues   Nov 14, 2018
(Bloomberg) -- Oil’s record losing streak has plunged prices into a bear market and is reverberating around the globe, with the mayhem rattling everyone from bond traders to political leaders and fund managers. As they seek answers for what’s in store ... Finance Yahoo  

UPDATE 2-Oil extends slide from 7 pct slump the day before as outlook darkens   Nov 14, 2018
SINGAPORE, Nov 14 (Reuters) - Oil markets slipped again on Wednesday, extending losses from a 7 percent plunge the previous session as surging supply and the spectre of faltering demand scared off ... Reuters  

Shares in state-owned oil marketing firms gain as crude slumps   Nov 14, 2018
MUMBAI (Reuters) - Shares in India’s top three oil marketing companies surged on Wednesday, as investors cheered the slump in global crude oil prices that bode well for the profitability of ... Reuters  

UPDATE 1-Indian rupee, bonds surge on lower oil prices, cenbank announcement   Nov 14, 2018
MUMBAI, Nov 14 (Reuters) - The Indian rupee and bonds gained in early trade on Wednesday, boosted by a fall in global oil prices and on the central bank’s announcement a day earlier that it would buy bonds via open market operations. At 0433 GMT, the ... Reuters  

GLOBAL MARKETS-Crude oil struggles for traction after plunge, stocks sag   Nov 14, 2018
TOKYO, Nov 14 (Reuters) - Oil prices struggled for traction on Wednesday after sinking on worries about weakening world demand and oversupply, while global shares sagged with slowing growth ... Reuters  

Oil's Collapse Deepens as Supply and Demand Concerns Roil Market   Nov 14, 2018
(Bloomberg) -- Oil showed little sign of recovering from its unprecedented decline as investors flee a market hammered by swelling supplies and a darkening demand outlook. Futures in New York held ... Yahoo Finance  

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