The European Parliament approved rules…
Despite having some of the…
Amid crashing oil prices, oil firms are rushing to cut budgets and exposure to the most prolific shale basin in the United States, the Permian, yet industry bodies expect the shale…
Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share…
The U.S. shale industry is burning through cash so fast that even the state of Texas is looking at government rationed production targets. Texas Railroad Commissioner…
The SARS CoV2 virus that is behind the COVID-19 pandemic has finally ravaged the United States, and cities and states are reacting to its brutality by shutting stuff…
Among the world’s 20 biggest oil-producing countries, there’s only one that has--as far as anyone really knows--escaped the coronavirus, but it’s got problems that are just as big. …
Since 2016, as an informal leader of the 13-strong non-OPEC group, Russia has been instrumental in the pricing of oil as Saudi Arabia, leading producer in the Organization…
Various reports hit the news feeds today quoting a deliberately headline-grabbing statement by Paul Sankey, managing director at Mizuho Securities, in which he is reported as saying, “Oil…
Russia will not be the one to first demand a stop to the oil price war with Saudi Arabia because Russian President Vladimir Putin is unlikely to yield to what…
Baker Hughes reported that the number of oil and gas rigs in the US plummeted this week by 20, falling to 772, with the total oil and gas rigs clocking…
The rebound in oil prices on Thursday didn’t last long as bearish sentiment once again took hold on Friday morning, with some analysts contemplating the possibility of $5 WTI.
Crude oil futures are set to finish the week sharply lower despite a two-day counter-trend rally on Thursday and Friday. The price action suggests that even tremendous levels of monetary…
1. These currencies have plunged the most- The pandemic has hit China, Iran, Western Europe…
Politics, Geopolitics & Conflict There is one clear benefit of coronarvirus - however temporary and however fragile: A sense of world peace, even if it’s not real. COVID has officially…
Historically, a large part of the appeal of investing in the energy sector has, for many people, been the dividend payouts that the sector offers. Recently though, even that advantage…
Time To Blink In COVID-Infected Oil Price War As the oil price war continues, with the Saudis holding out and flooding the market with oil, the next logical stage is…
WTI dropped into the low $20s on Wednesday, and the near-term outlook is grim. Oil lobbyists have pushed Congress for help, and a group of Republican Senators
It feels like 2014 for the oil industry all over again, except this time, things could get even worse. Most U.S. shale wells have a breakeven…
With West Texas Intermediate below $30 a barrel and Saudi Arabia’s plans to keep pumping as much as it can for as long as it…
Conventional wisdom dictates that water and oil do not mix--at least for those of us who are not MIT engineers. But a new…
Last week someone commented to me that Chevron could now buy Occidental Petroleum cheaper than it offered to acquire Anadarko. There is an element of truth to the statement, but…