Article Archive | Page 1344

Sep 18, 2015 at 10:11

With a lack of overnight economic data to consume, we are left to reflect on yesterday’s Federal Reserve decision to keep interest rates at 0.25%. While…

Sep 18, 2015 at 09:28

I wrote last week about how the copper market is starting to adjust to lower prices. With a number of significant mines closing down amid…

Sep 17, 2015 at 16:37

On September 10th the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent…

Sep 17, 2015 at 16:22

One of the most significant countries in terms of future oil growth may not be able to achieve its long-term production goals, raising red flags about global oil supplies in…

Sep 17, 2015 at 16:08

OPEC has been the most talked about organization in the oil and gas circuit in the last year as the cartel pursues market share, and any…

Sep 17, 2015 at 15:53

I have long maintained that various distortions of fundamental data by the media and analysts are partly to blame for why oil prices are de-coupled from…

Sep 17, 2015 at 11:29

Seventy-six years to the day after Ol’ Blue Eyes recorded ‘All or Nothing At All‘, and the Federal Reserve finds itself in a similar predicament. For…

Sep 17, 2015 at 10:37

I mentioned yesterday how global gold production hasn't fallen much in the face of lower prices. And this week we got some indications that supply could…

Sep 16, 2015 at 15:31

The Federal Reserve could raise interest rates as soon as this week, as its governors meet to discuss monetary conditions. The decision could have an enormous…

Sep 16, 2015 at 15:20

While everyone is watching the oil bust, there is another bust going on – one for natural gas. Before there was a boom in oil production…

Sep 16, 2015 at 15:01

Saudi Arabia faces a problem. The G20 nation and de facto head of OPEC relies almost solely on oil to power an economy that has…

Sep 16, 2015 at 14:09

Usually, we don’t stop to think about how the whole economy works together. A major reason is that we have been lacking data to see long-term…

Sep 16, 2015 at 10:28

Crude prices are ripping higher today thus far, egged on by a surprise draw from last night’s API report. A 3.1 million barrel draw was seen,…

Sep 16, 2015 at 09:41

Lower prices have had a mixed effect on commodities production. Metals like gold and iron ore have seen output stay stubbornly high -- with Platts reporting…

Sep 15, 2015 at 16:34

That low oil prices are squeezing out oil sands producers is not breaking news. But in spite of a grim oil price outlook, production out of…

Sep 15, 2015 at 16:27

One unexpected victim of the oil price downturn seems to be the U.S. lobbying industry. The group of firms, whose business revolves around making sure government…

Sep 15, 2015 at 16:22

Environmental groups have decided to widen their attack on fossil fuels, calling on the President to end the development of coal, oil, and natural gas from…

Sep 15, 2015 at 16:21

 The latest OPEC Monthly Oil Market report is out with OPEC production numbers for August 2015. All charts below are in thousand barrels per day with the last data…

Sep 15, 2015 at 12:04

The business climate is only getting worse in Iraq for the handful of international oil companies operating in the war-torn country. The Iraqi oil ministry sent a letter to private…

Sep 15, 2015 at 10:20

Investors don’t make money by investing with the herd and, historically, great wealth has been generated through proper forecasting and investing counter-cyclically. Rather than look at oil and gas majors…