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Rakesh Upadhyay

Contributor since: 18 Jan 2016

Rakesh Upadhyay

Biography

Rakesh Upadhyay is a writer for US-based Divergente LLC consulting firm.

Latest articles from Rakesh

  • The Insignificant Truth: Why Gasoline And Distillate Draws Don’t Matter

    Published 05 April 2017 | viewed 9,250 times

    The oil products that we use—such as gasoline, diesel, and heating oil—are all refined from crude oil. If the demand for these refined products increases,…

  • The End Of OPEC Is Near

    Published 02 April 2017 | viewed 48,995 times

    OPEC, which has far exceeded the average life of cartels, is on the brink of failure. Though cracks have been developing in the cartel since…

  • The 5 Biggest Strategic Petroleum Reserves In The World

    Published 29 March 2017 | viewed 13,924 times

    The U.S. is the world’s largest holder of emergency crude stockpiles, but now it’s selling off reserves, while China, the second-largest, is taking advantage of…

  • Saudi Arabia Will Not Break The OPEC Deal

    Published 28 March 2017 | viewed 12,800 times

    The OPEC deal is turning out to be a failure, but has it led the Saudi’s to abandon the deal? Have they cheated on their…

  • Shell’s New Permian Play Profitable At $20 A Barrel

    Published 26 March 2017 | viewed 48,926 times

    OPEC’s worries about the booming U.S. oil production have increased significantly with the big three oil companies’ interest in shale. Exxon Mobil Corp., Royal Dutch…

  • How Likely Is An OPEC Deal Extension?

    Published 13 March 2017 | viewed 9,440 times

    Damned if they do and damned if they don’t. This is OPEC’s precarious position after the recent fall in oil to below $50 per barrel.…

  • Iran And Iraq To Ramp Up Oil Production Despite OPEC Cuts

    Published 10 March 2017 | viewed 16,197 times

    Though OPEC has managed to achieve a high standard of compliance, it has mostly been due to the oversized cut by the largest member of…

  • OPEC Struggling To Hold On To Asian Market Share

    Published 28 February 2017 | viewed 6,501 times

    Two years ago, OPEC took steps to increase its market share. It continued with this same policy for two years by pumping oil in an…

  • Oil Prices Aren’t Breaking Out Any Time Soon

    Published 26 February 2017 | viewed 9,828 times

    What’s in store for oil this year? Experts at ABN Amro are forecasting a return to $30 levels unless OPEC extends its production cuts. Meanwhile,…

  • Why A Weaker Dollar Won’t Boost Oil Prices

    Published 23 February 2017 | viewed 6,278 times

    The U.S. dollar, along with a variety of other factors, used to be an important component in deciding the direction of oil prices. This was…

  • U.S. Shale Jobs Are Coming Back

    Published 11 January 2017 | viewed 8,665 times

    The U.S. shale oil recovery is now gaining momentum, and for the first time since September 2014, the U.S. oil and gas extraction and support…

  • Will Natural Gas Go On Another Run In 2017?

    Published 08 January 2017 | viewed 17,188 times

    From the multi-year slump of $1.611/MMBtu hit on 04 March 2016, to the highs of $3.902/MMBtu reached on December 28, 2016, natural gas prices have…

  • The Unsustainable $60 Oil Spike In 2017

    Published 26 December 2016 | viewed 38,088 times

    An eventful year for oil is coming to an end. During the year, crude oil sank to depths unseen since 2003, but recovered nicely to…

  • The Shale Oil Threat Will Not Go Away

    Published 21 December 2016 | viewed 9,682 times

    The Shale oil industry has revolutionized the oil markets, rendering the once powerful OPEC oil cartel powerless in dictating the price and production of oil.…

  • Filling The Gap: Tomorrow’s Most Popular Oil Trade

    Published 08 December 2016 | viewed 10,113 times

    Credit Suisse AG recently decided to delist two very popular and risky oil exchange-traded notes (ETNs) on the exchanges beginning today, December 8, and companies…

  • Will We See $60 Oil By Christmas?

    Published 07 December 2016 | viewed 53,074 times

    For the first 11 months of the year, OPEC talked oil prices up, but by December it became clear that oil prices were not going…

  • Big Oil Earnings To Explode In 2017

    Published 04 December 2016 | viewed 30,907 times

    The energy sector has been outperforming other sectors among the S&P 500 companies this year, with a gain of 21.79 percent year to date. Now…

  • U.S. To Be The Third Largest Natural Gas Exporter By 2020

    Published 30 November 2016 | viewed 17,067 times

    Shale oil producers have turned the U.S. from a net importer into a net exporter of natural gas in November, according to S&P Global Platts.…

  • Goldman Sachs Turns Bullish On Oil

    Published 27 November 2016 | viewed 42,371 times

    Goldman Sachs is known to make outlandish calls on crude oil. First came a forecast of $200 a barrel back in March 2008, which fell…

  • Trump’s Election Is Great News For Independent Refiners

    Published 20 November 2016 | viewed 7,941 times

    Donald Trump’s victory has provided wings to the small independent oil refiners who have been burdened with the excess cost of buying credits as per…

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