In last week’s State of…
The US achieved record-breaking oil…
China, the fourth largest oil producer in the world (behind the U.S., Saudi Arabia and Russia) is undoubtedly one of the biggest stakeholders in the global oil and gas markets.…
Forecasts from the IEA and Goldman Sachs this week are trying to say that crude barrels are still overpriced – but the market isn’t listening. I’ve…
Economics 101 tells us that prices in a free market are set by the interaction of supply and demand. The world oil markets have gotten a graphic lesson in that…
In a move that could shake up the dynamics of the global oil and gas industry, the desert Kingdom is restructuring its national oil company, Saudi…
We need an updated strategy if we’re staying in the oil game. Not a new one, mind you – the plan I’ve laid out for the long-term trends in oil…
As many of you will be aware, there are two basic approaches to stock selection, commonly known as top-down and bottom-up. The former involves looking at big picture economic factors,…
IntroductionDespite all of the hype around the shale revolution in the United States, over the long-term, US shale is expected to deteriorate. Owing to high initial decline rates,…
History dictates that flat oil price curves are rare events and usually signal a pivot point in future pricing and economic activity. Today’s curve can’t get much flatter, as the…
Libya has been torn apart from violence and political instability, and its oil sector has been severely impacted as a result. But amid all the…
The hallmark of the fracking revolution in the US has always been persistent technological progress. Fracking only became possible as a result of technology pioneered by U.S. companies like Continental…
The OPEC Monthly Oil Market Report is just out with crude only production numbers for all OPEC countries for April 2015.
Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC’s latest monthly oil report, Saudi Arabia boosted…
Talk about getting kicked while you're down. The Alberta energy industry and all those who depend on it for their livelihoods woke up to a frightening…
You won't hear anything about this nation today when it comes to petroleum exploration. But it's a place that might become a key story for oil and gas projects soon.
All rig count data is provided by Baker Hughes. All monthly charts are oil rigs only. Gas rigs are not included in the count. The last data point for…
The item in question: a new report showing that China just became the world's top oil importer.According to the Financial Times, Chinese trade data revealed that crude imports…
History has been so fascinated with oil and its price movements that it is indeed hard to imagine our future without oil. Over the last few months, we have witnessed…
IntroductionAs summer approaches, Arctic sea ice will start to melt away. That will open up the region for oil and gas exploration. In American waters, Royal Dutch Shell…
I've discussed before how one out-of-the-way nation is shaping up as a major petroleum opportunity. And this week we got confirmation that some important global players are moving to capitalize.
The U.S. military is helping Iraqi forces pushback ISIS at a vital oil refinery.The Baiji refinery is located between Kirkuk and Mosul, and it has been the target…