Oil prices retreated this week, retracing most of the gains achieved last week, putting crude nearly back where it started before the latest rally. WTI dropped to $46 per barrel…
It's official -- Japan is back in the nuclear business. Again.Sources from Japanese utility Kyushu Electric confirmed Thursday that the No. 2 Sendai nuclear reactor was restarted this…
Two hundred and twenty-two years after the death of Marie Antoinette, and the crude complex is trying not to lose its head. After a week of…
China’s imports of crude oil are picking up after a lackluster third quarter.Reuters reported that China has increased permits for small refiners, allowing an extra 700,000 barrels…
The Volkswagen emission scandal (commonly known as Dieselgate) has shocked the entire world. It all began on September 18, 2015 when the German carmaker was charged for violating the Clean…
Saudi Arabia is taking a massive gamble on the world oil markets. Their “pump at any price” policy has driven oil down to below $50 per barrel and, so far,…
Much has been written about the mounting pile of debt for U.S. oil companies (not to mention the well-known Brazilian oil giant).Not that long ago, many…
As world leaders gear up for the United Nations Climate Change Conference to be held in Paris in early December, it’s high time we focus our energy on discussing…
Despite airstrikes and heavy bombardments from western militaries, led by the United States, as well as attacks from various Middle Eastern countries, the Islamic State continues to demonstrate a stubborn…
One hundred and seventy-one years after the birth of Nietzsche, and oil prices are gazing into the abyss. For yesterday’s weekly API report yielded a whopping +9.3 million barrel build…
A lot from local press in Latin America this week, discussing the future of the copper market, where a battle seems to be shaping up between supply cuts and new…
There is still very little clarity on the state of the oil markets, and the recent rally did nothing to dispel that fact. Still there is a bit of consensus…
One of the biggest challenges the oilfield services (OFS) sector must face in the short and medium term is adjusting to the reality that construction of new or “greenfield”…
As has already been discussed at length, once the economic sanctions imposed by the U.S. and the European Union on Iran begin to be lifted next year, there is…
One of the most interesting by-products of the recovery since Financial Crisis has been the rapid inflation of a variety of different types of assets. As the Fed has kept…
A new report finds that the largest oil companies are set to cut spending on exploration by at least half, potentially leading to very few new oil discoveries in the…
Cheap natural gas from U.S. shale claimed another victim this week.Entergy, a large integrated utility specializing in nuclear power, announced that it will be shutting down its…
The last two years saw miners rushing away from gold -- into metals like copper, zinc, and iron ore.But news this week suggests that trend may be reversing;…
One-hundred-and-twenty-one years after the birth of E.E. Cummings, and the crude complex is just like one of his poems – undecided about where it is going next. The crude complex…
As the crude industry has been wrestling with low oil prices that declined by over 50 percent since its highest close at $107 a barrel in 2014, many exploration and…