The crude oil net long…
In case of further escalation,…
When it comes to geopolitical events affecting oil prices, there is no shortage of possibilities. Whether it is the outbreak of a war, a terrorist attack,…
Oil mounted a strong surge last Thursday as Saudi Arabia-led forces carried out a series of airstrikes against Houthi…
The fate of global oil prices will be determined in Lausanne, Switzerland this week. An unlikely location for oil markets, to be sure, but that is…
If you ever need to be reminded just how influential Saudi Arabia is in the global oil industry, just look back to last week. On March…
Oil prices breached the $50 mark on Thursday as Saudi Arabia and other Gulf states deployed airstrikes into Yemen in defense of the Sunni leadership and…
Several times in the last few months I have suggested that investors look to accumulate energy stocks for the long term right now, based on the…
The spike in May NYMEX Crude Oil futures during the pre-market trading session on Wednesday night (Eastern Time) came as a surprise to many traders because,…
We are living in a world obsessed with oil and its price movements. Some time back, when all the trade pundits were predicting a stable 100$…
Saudi Arabia launched airstrikes in Yemen, causing oil prices to jump on fears over Middle East instability. The markets clearly reacted with concern over the…
We are in an age of propaganda where most people argue viewpoints not based on facts but on selective perception basis. They cherry pick what supports…
If electricity and the management of power sector reforms are key to Nigeria’s economic future, crude oil/gas – and the mismanagement thereof – is at the…
So what do you do when you believe devoutly in hydraulic fracking but also understand that too much fracking is responsible for an oil glut that’s hammering the price of…
Two of the factors in the oil price crash are well constrained: 1) oversupply of expensive light tight oil (LTO) in North America and 2) the…
Norway is stuck between a rock and a hard place. Last week, the Norges Bank defied market expectations by leaving rates unchanged citing an overheating housing…
Oil prices bounced back on March 24 on a sliding U.S. Dollar, but the pain may not be over yet. Oil storage capacity continues to deplete.…
The plunging price of oil over the past nine months has forced many if not most energy companies to cut back drastically on spending, especially on…
It is a staple of oil industry apologists to say that the recent swift decline in the price of oil is indicative of long-term abundance. This…
Crude Oil Crude oil support fell apart last week, leading to a price collapse. The selling momentum was strong enough to drive the market into a…
The dominos are starting to fall, and it hasn’t been a good March so far for three Texas oil and gas operators. As prices take another…
On St. Patrick’s Day the U.S. Energy Information Administration (EIA) reported that oil production from three of America’s largest shale plays is in decline. The EIA…