The most important catalyst working…
China’s Sinochem Energy Technology Co has…
Geopolitical tensions and OPEC+ cuts appear to have put a floor under oil prices, countering fears of a global economic recession
Tesla fans who plan on buying a Tesla in the future might want to hurry up as the EVs could become a lot more expensive once the company’s output becomes…
Lower output from Russia’s largest oil producer Rosneft has resulted in total Russian production falling to a near three-year low in early July, Reuters reported on Tuesday, citing industry…
OPEC and allies had little choice but to roll over their production cuts into the first quarter of 2020 amid higher-than-average global inventories, continued uncertainties over the global economy and…
A blackout struck a major Venezuelan oil refinery, crippling operations at a time when oil production had appeared to be stabilizing. It’s been an odd few months for Venezuela, where…
The U.S. Senate passed a bill last week that would form a government-industry working group to "examine ways to replace automated systems with low-tech redundancies, like manual procedures controlled by human…
The oil and gas industry is instrumental in adopting technology that could reduce emissions from fossil fuels, as the solution to climate change is not fighting the use of oil…
U.S. shale’s production growth will outstrip global oil demand growth this year, capping oil price gains until 2020, according to Goldman Sachs. U.S. oil production is set to rise by…
The possibility of Iran attempting to close the Strait of Hormuz to tanker traffic has increased significantly in recent weeks, as has the possibility of a Persian Gulf War, especially…
U.S. oil production continues to grow, but the shale industry is in the midst of a deceleration as low oil prices and a financial squeeze slow the pace of drilling.…
A form of cognitive dissonance seems to be taking over oil market watchers, a sort of a blind belief that US shale oil production is set…
The first half of the year is in the books. Following its best quarterly performance in nearly ten years…
It’s been a game changing year for the electric vehicles market. In Europe, electric cars sales are a whopping 85 percent higher than they were at this time last year--and…
Researchers in South Korea have made a major breakthrough in using bacteria to sustainably and efficiently produce biofuels. The team of scientists from the Korea Advanced Institute of Science and…
Fundamentals rule. The U.S. conflict with Iran and the widespread instability across the Middle East are only registering as blips on the oil market radar. Not even the seizure of…
Friday July 5, 2019 1. Petrochemicals underperform oil- The oil majors have undertaken massive investments in petrochemical projects, viewing plastics…
As I write on Friday, natural gas is having one of its best days for months and is trading well over six percent above yesterday’s close. That and the fact…
Politics, Geopolitics & Conflict - Turkey has become intricately involved in the conflict in Libya, aiding the UN-backed Government of National Accord (GNA). This has led to a severe backlash…
U.S. West Texas Intermediate crude oil futures are showing signs of a successful support base on the daily chart, but are still in a position to close lower for the…
Oil is set to post a loss this week despite a wave of bullish news. (Click to enlarge)