Crude oil and natural gas futures posted volatile moves this week that may be setting up another sharp rise to the upside, or a corrective move to the downside. Both…
In sticking with our recent $42-$50 forecast for WTI we underestimated the ability of OPEC + Russia to talk the market up while behaving bearishly. Although recent production data for…
As China wants to reduce the number of its state-held firms, the government plans to merge chemical groups Sinochem and ChemChina to create a global oil and chemicals giant worth…
Oil prices fell back to $50 on Friday afternoon, after the U.S. rig count hit eight year highs.
Houston oilfield services company Baker Hughes, Inc. showed a four-rig increase in the United States oil count, marking 16 straight weeks of no-decline in the active oil rig figure…
Oil is trudging tiredly lower into the weekend, exhausted after an onslaught of oil-specific releases and (another) week of ongoing OPEC rhetoric. Hark, here are five things to consider in…
Information about Saudi Aramco IPO advisors to be released soon Saudi Aramco plans to sell shares in its entire business, the company’s CEO Amin Nasser said. When the IPO was…
As I’ve been discussing recently, there have been signs of life for the coal market the last few weeks. And this week, the world’s most hated commodity got another…
As Saudi Arabia leads the Organization of Petroleum Exporting Countries in developing a six-month freeze deal, investors and industry officials should consider one key factor before rocking the markets: can…
The EIA published its latest Short-Term Energy Outlook and it is not exactly the most bullish report the agency has ever put out. The EIA believes that the losses…
Russia’s biggest industry has been oil production historically, but the country appears to be trying to diversify that by putting more emphasis on agriculture. The former soviet state has…
Despite OPEC’s best efforts, shale boomers are still alive and kicking—at least some of them. More precisely, those that came first, chose the best acreage, and had the farsightedness needed…
As Cheniere Energy shuts down its LNG terminal at Sabine Pass for a month of repairs, it seems like a good time to take stock of the global LNG…
It isn’t easy to diet and it may be even harder to reduce the nation’s greenhouse gas emissions (GHGs). A new study from Lawrence Berkeley Labs, published in Nature Climate…
The Energy Information Administration tipped markets towards bear territory when it reported that U.S. crude oil inventories had jumped by 4.9 million barrels in the week to October 7.…
The latest 3D seismic surveys suggest that there may be billions of barrels of undiscovered oil in the Barents Sea, according to a geology and geophysics expert in an…
Finally the global gold market is getting some good news from its top consuming nation — India. Reports earlier this week suggest that something very unusual has just happened with…
In the 1990s, the California-based Unocal Corporation invited a delegation from the Afghan Taliban to their headquarters in Sugar Land, Texas, to discuss prospects for constructing a 1700-kilometer Peace Pipeline,…
While OPEC and Russia are talking about freezing or even cutting crude oil production to restore the market balance – and pushing up prices in the process – rig drillers…
The shale revolution has changed the U.S. natural gas production and trade dynamics forever. Domestic output and exports have been rising, to the point where the U.S. is poised to…