The crude oil net long…
In case of further escalation,…
Fundamental Analysis(Click Image To Enlarge)November Crude Oil futures finished another “observation” week with a slight down tick…
Most people believe that low oil prices are good for the United States, since the discretionary income of consumers will rise. There is the added benefit that Peak Oil must…
Commodities investors had been riding on momentum for years and with a diminishing supply of the product coming from producers, prices seemed destined to keep rising for the foreseeable future.…
Venezuela is facing a severe economic crisis, one that could get worse before it gets better.Venezuela’s GDP is expected to contract by a staggering 9.1 percent this…
Okay, I will freely admit that I’ve tried this before. To somebody trained to look for contrarian plays, bottom fishing for a stock like Petrobras (PBR) is just too tempting,…
Low oil prices are cutting into the balance sheets of oil companies all around the world. That presents difficult decisions for operators who must decide how to correct their falling…
Fundamental AnalysisNovember Crude Oil futures are in a position to finish flat to slightly lower this week, however, the chart pattern suggests that momentum is building to the…
There are two things you’re not supposed to do in business journalism. One is to admit mistakes before somebody calls you on them. The other is…
The worst could be over for oil prices, if the whims of a growing number of speculators are anything to go by.Hedge funds are taking their most…
In July 2015, Brazil’s pre-salt production topped 1 million barrels of oil equivalent per day. This is quite the milestone for a nation that is…
The Origins of Peak Oil AwarenessThe scientific study of peak oil began in the 1950′s, when Shell geophysicist M. King Hubbert reported on the…
It’s stunning how behind the times the analysts can be.It is, in fact, the one thing to our advantage as independent investors – we care only about being…
Yesterday’s conclusion of the Federal Open Market Committee (FOMC) meeting and the subsequent announcement and press conference was, if we were to believe the stories going in, supposed to bring…
November Crude Oil(Click Image To Enlarge)Fundamental AnalysisAfter a lackluster start, November Crude Oil futures…
“There’s just no cash.” That’s the Coles Notes from a senior banker describing the book of oil service loans he manages for one of Alberta’s leading lenders. There’s simply not…
Truth is often stranger than fiction, though Norway’s upcoming television blockbuster “Okkerpert”, or “Occupied,” is more the exception than the norm. The show, which features a Norwegian moratorium on oil…
October Crude Oil Fundamental Analysis Last week’s comments ended with a summary stating that crude oil is in a news driven market…
We’ve long framed collapsing crude prices as a battle between the Saudis and the Fed. When Saudi Arabia killed the petrodollar late last year in a…
The oil bust has been largely a supply-driven phenomenon. Unlike the last time that oil prices were this low – during the 2008-2009 financial crisis – this past year’s price…
Big oil is taking no chances with the outcome of Alberta’s royalty review currently underway. In 2007, the industry was surprised when royalties were jacked up despite dozens of corporate…