In case of further escalation,…
The fluctuating prices in response…
In the past few weeks I have received numerous questions about the role of a “drop in demand” in the oil price decline. These questions are driven by many stories…
The combination of Western sanctions and the collapse of oil prices is exposing deep structural problems in Russia’s economy, and it is showing the petro-state model of governance developed by…
Thursday’s ECB announcement from Mario Draghi gave everyone in the stock market continued hope – with 60b Euros of bond buying power, the stock markets both across the pond and…
Crude Oil Outlook Crude oil futures began the week in a position to rally based on the technical chart pattern formed the weak-ending January 16, however, there was no follow-through…
The death of Saudi Arabia’s King Abdullah made international headlines on January 22, raising questions about the future of the Middle East. News of his death briefly rattled the…
Several hours ago Saudi Arabia announced that its 91-year-old King Abdullah had passed away, in the process setting off what may be a fascinating, and problematic, Saudi succession fight which…
Japanese novelist Haruki Murakami was so consumed by running he combined two of his loves to write a book called ‘What I Talk About When I Talk About…
Remember the Sesame Street song? One of these things is not like the others,One of these things just doesn't belong,Can you tell which thing…
Despite oil prices at their lowest levels in five years, Iraq is producing at record levels. For the month of December, Iraq produced nearly 4 million barrels per day,…
Because nothing says 'stability' like a Central Bank in charge of things, the smartest richest men in the world have proclaimed in Davos this week that "we need a…
The week ending Jan. 17 was a bad one for Alberta, the Canadian province that once was enjoying an oil boom. Schlumberger, the oil services giant in Canada’s west,
U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The…
The precarious "game theory" equilibrium that worked for decades while OPEC was still a functioning cartel is unwinding before everyone's eyes. Just as Saudi Arabia accurately anticipated, the lower the…
The recent decline in oil prices has been devastating to the government coffers of some of Latin America’s oil-dependent countries, including Venezuela, Colombia and Ecuador. But seldom mentioned is that…
The persistent drop in oil prices is prompting more oil-rich OPEC countries to revise the projected revenues in their coming budgets. Already, Saudi Arabia, the world's largest producer of oil…
With U.S. production levels remaining steady and OPEC not showing any signs of letting up on its current daily production output, investors may have to turn to technical analysis to…
2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A…
The recent collapse in oil prices has taken pundits and oil producers by surprise. It was only six months ago that prices were over $100/bbl and at that time they…
On Monday the Keystone XL pipeline project crossed another hurdle when legislation approving construction of the proposed line to connect Canadian oil sands crude with Gulf Coast refineries was passed…
Removing consumer fuel subsidies amid collapsing oil prices could prove wrong-way bet for many nations.Oil prices worldwide are collapsing on an unprecedented scale, most recently below $50 per…