Oil prices reached four-year highs of around $80 this week. And the fundamentals of the market point to even higher prices in the short term.
We're on the cusp of a revolution in the energy industry. It's one that could redraw the energy map of the world, give humanity the ability to tap essentially unlimited power sources, and – if you make the right investments – make a fortune for investors.
In short, we're living through a change in the way the world produces and consumes energy. It is a transition that's well under way. And it's being driven by the convergence of several key technological trends that are showing no sign of abating.
While you wouldn't be alone in thinking that solar power was further away than ever, you could be wrong. Solar is on the brink of becoming the world's dominant energy source.
Oil is off most investors’ radar. But that could be a mistake, says Dominic Frisby. The price could be about to take off. Here’s how he intends to play it.
Opec, the oil exporters’ cartel, has never been very good at sticking to deals to rein in output and prop up the oil price.
A while ago, Dominic Frisby suggested oil would be the best trade of the next five years. Today, he checks back in to see how it’s doing.
Canada’s oil output is set to rise by 570,000 barrels per day in 2017 and 2018 combined.
This Brazilian oil company has been quietly restoring the business to profitability, says Matthew Partridge.
Try as it might, says Alice Gråhns, oil cartel Opec just can’t seem to mop up the oil glut.
The oil price has fallen to around $45 a barrel. John Stepek examines the reasons behind the oil bear market, and asks how much further prices are likely to fall.