The fluctuating prices in response…
Higher oil prices are expected…
What is the real story of energy and the economy? We hear two predominant energy stories. One is the story economists tell: The economy can grow…
Saudi Arabia has decided to turn up the heat on U.S. shale producers. The de factor OPEC leader ramped up oil production in March despite the…
Regardless of the final outcome of Iran’s nuclear program negotiations, the coming months will see a continuing price war between OPEC producers and the shrinking US…
Low oil prices are threatening the health of Canada’s oil and gas sector, which in turn, is causing turmoil in Canada’s economy as a whole. The…
Last week, crude oil futures bucked the trend and defied the bearish fundamentals to put them in a position to finish higher for the week. The price action was…
The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here. There are a lot of meetings with…
Oil prices are finally building some momentum. In a sign of a resurgence, oil prices are at their highest levels in weeks, with WTI jumping…
Having a V-8 or even a V-10 engine powered car these days won’t break the bank for many consumers who have experienced a dramatic decrease in…
As previously reported the EIA, the IEA and the media have been understating demand and overstating “estimated” production. Today the EIA capitulated, finally exposing the game…
The present oil price collapse is because of over-production of expensive tight oil. The collapse occurred because of the inability of the world market to support…
This morning much to my shock investors woke up to yet another sensationalistic spin on “facts” from the media and brokers (GS in the lead) that…
Saudi Aramco, the national oil company of Saudi Arabia is now gearing up to take advantage of the turmoil in the US shale oil patch. According…
When we think of the recent drop in oil prices, the question is not only who started it, but who’s responsible for keeping the prices falling.…
Oil stocks are finding some strength this week, even as oil prices remain lagged under $50 a barrel. I see investors again trying to pick a…
Despite the frequency with which sensational claims of oil dropping further, maybe to $20 or even $15 appear in the financial media, I doubt there are…
Despite another week of increased inventories and the possibility that Iran will agree to a nuclear deal, May Crude Oil futures posted an inside move and…
The EIA reported continued gains in oil inventory coming in slightly above expectations at 4.8MB. But for the first time this year production actually dropped 36,000BD…
It appears as if oil prices could be on the verge of a rebound, with new data showing that the U.S. oil patch is hitting an…
Oil field services companies are in for a rough year. The firms that provide the critical services for oil drilling are often not the ones that…
There's been a lot of speculation recently that lower oil prices should impact production. Potentially setting up the market for a rebound. And statistics released this…