Oil stocks have suffered a lot over the past half decade. First it was the 2014 oil price crash. Just as the oil industry emerged from the collapse, the…
Iran is positioning itself to benefit from the fallout from Saudi Arabia’s latest disastrous handling of the global oil markets. The Kingdom’s ability to metaphorically shoot itself in the foot…
The oil market is heading into a whole different era now that Saudi Arabia and Russia are squaring off in an all-out oil price war following Friday’s failed OPEC+ agreement—and…
Saudi Arabia has announced it will slash its official selling prices for crude by between $4 and $8 per barrel, Arab News reports, to be in effect from April…
Russia has just sparked what may end up being among the ugliest oil price wars in recent history. And Saudi Arabia is firing back. As the two oil superpowers face-off,…
It feels 2014 all over again. Or 2008. The OPEC+ meeting broke up without a deal on Friday, sending oil prices into a freefall. Brent was down by about 9…
The world has become accustomed to ever-increasing production from U.S. shale reservoirs. As you can see in the chart in the next section production from these tight reservoirs has increased…
The new gold rush in the digital world is all about renewable energy. But more than that, it is about making this energy reliable, which means finding ways to not…
For many years, investors have been willing to pay significantly more for shares of natural gas utilities compared to electric utilities. In more recent times, natural gas is also increasingly…
Recently Senator Bernie Sanders acknowledged that he had been briefed by U.S. intelligence on Russia’s attempts to interfere in U.S. elections on his behalf. In response to reporters, Sanders said “It…
Saudi Arabia’s oil and gas giant, Aramco, has been given the go-ahead to launch the Jafurah shale gas field project, which will be the biggest shale gas development outside the…
Climate activists would tell you that governments are not doing enough to fight climate change. Climate skeptics would say we are pouring too much money into this fight. And climate…
Despite lower returns than offshore oil and gas, offshore wind will become an increasingly attractive investment destination in the energy transition. Global investments in offshore…
It’s become common to see the year 2030 as the tipping point when auto transportation will be historically transformed — with plug-in vehicles making up 100 percent of new vehicle…
Volkswagen (VW), the world’s largest carmaker recently announced plans to spend 35 billion euros to dramatically expand electric vehicle production. VW is targeting production of 26 million electric vehicles…
It appears that the OPEC+ alliance may soon be over as Russia refuses to cut and its oil minister hints at increasing production. (Click…
Baker Hughes reported that the number of oil and gas rigs in the US rose this week by 3 to 793, with the total oil and gas rigs clocking in…
U.S. West Texas Intermediate and international-benchmark crude oil futures are down more than 6% on Friday after Russia said it will not agree to steeper oil production cuts by OPEC…
Friday, March 6, 2020 1. Russia Kills Saudi Arabia’s Plans For Deeper Cuts- Saudi Arabia…
Market Movers (JULI) - Nothing should depress oil markets more this week than Goldman Sachs’ cutting its 2020 global oil demand growth forecast – again - to -150,000 bpd, when…