Licenses & Tenders• Shell and Statoil have been awarded the Timissit Permit License in the Illizi-Ghadames Basin onshore Algeria. This was the first licensing round in Algeria since…
It’s just perfect, that I would appear on CNBC’s halftime report for the first time in a year and a half predicting much higher oil prices, and watch today as…
The last month or two have seen energy stocks, and oil and gas exploration and production (E&P) stocks in particular, become the victims of a “perfect storm.” Oil prices, on…
Oil prices continue to slide. On the first day of October West Texas Intermediate (WTI) dipped below $90 per barrel for the first time since spring 2013. Brent also…
Weekly Crude Oil AnalysisThe short-term picture for November crude oil futures turned a little rosier after prices consolidated for a third week. Some of the buying was related…
Geopolitical & Conflict UpdatesIraqFor August 2014, Iraq’s oil export revenues were down to $7.1 billion, from $7.8 billion in July. Exports for August were at 73.6…
The U.S. is in a relatively strong position to take advantage of Asian demand for natural gas. There are now a total of three proposed export…
Earlier this week, one of the largest pension funds in America, the California State Teachers’ Retirement System (CalSTRS) made an announcement that was of particular interest to energy investors. They…
For a lifetime trader of fossil fuels, it’s been like living in the dark. I’ve never seen a better market to be long crude oil, where the risks to the…
I don’t spend much time finding very short-term trades, as regular readers know. Staring at my screens and trying to find a great long-term trade hasn’t been a breeze either. …
As I advance in years I find that, unlike many people, fewer things make me angry. I guess I am just coming to terms with the fact that the world…
In a surprising turn of events, rising supplies of oil and tepid global demand have caused prices to crash to their lowest levels in years.And the same…
Geopolitical & Conflict UpdatesCentral AsiaWe are closely watching the spillover effect of the Russia-Ukraine crisis, as Central Asian states become more disillusioned with Moscow. Russia is…
November Crude Oil futures are in a position to close the week higher. This possible reversal on the weekly chart coupled with the strong upside price action earlier in the…
Here it is, in one monumental and telling graph – the point on energy you must remember:
Chesapeake Energy (CHK) is one of those companies that just don’t seem to be able to get out of their own way. They have been dogged by controversy over the…
The oil markets woke up at the end of the summer of 2014 realizing that there was not as much demand out there as they thought. Suddenly, the world is…
Geopolitical & Conflict UpdatesUkraine• Ukraine has only about 20% of its oil demand filled at this time, with only 2 of its 6 refineries operating. Typically…
With crude oil and crude oil-related stocks exhibiting nearly free-fall characteristics, unless you’re willing to play the short-side after an almost three month sell-off, this week it may be best…
BP today was found grossly negligent in its connection with the 2010 deepwater horizon disaster. It is a most surprising result and will continue to hang over the head of…