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Tag Archives: U.S. shale output

US factory orders up 1.6 percent, best in 7 months

In this Monday, Dec. 7, 2015, photo, taken with a fisheye lens, the distinctive winglet on the second Boeing 737 MAX airplane being built is shown on the assembly line in Renton, Wash. On Thursday, March 3, 2016, the Commerce Department reports on U.S. factory orders for January. (AP Photo/Ted S. Warren)

WASHINGTON (AP) — Orders to U.S. factories increased in January by the most in seven months, while a key category that tracks business investment plans rose by the largest amount in 19 months. Factory orders rose 1.6 percent in January after two months of declines, the Commerce Department reported Thursday. It was the biggest jump since June, though it was ...

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Governments shouldn’t count on low oil prices: IEA

SINGAPORE – Countries should not bank on oil prices remaining low when formulating their energy policies, as supplies could tighten from mid-2016 due to a drop in investment and falling U.S. output, a senior industry official said on Monday. Global oil prices have more than halved since June 2014 on rising U.S. shale oil output and as members of the ...

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Qatar is well placed to withstand lower oil prices

DOHA — QNB Group has published its Qatar Economic Insight September 2015 report. The report examines recent developments and the outlook for the Qatari economy as it continues its strong growth based on large investment spending. According to the report, Qatar is well-positioned to withstand lower oil prices thanks to its strong macroeconomic fundamentals including relatively low fiscal breakeven price, ...

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Trend-driven funds profit on oil’s slippery path

The oil market’s 10 percent surge on Thursday offered a visceral reminder that many of its most active participants could not care less about global oil inventories, Saudi Arabia’s stressed finances or the American shale revolution. For dozens of commodity trading advisors (CTAs) from Rotterdam to Chicago, so-called “systematic” funds that typically use price charts or computer models to plot ...

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