Heat pumps are gaining popularity…
The U.S. government has multiple…
While the U.S. shale production decline is the immediate outcome of the price collapse, low crude oil prices have triggered a chain of events in the energy markets…
Only weeks ago, scores of rating agencies sounded the alarm that the coronavirus credit crunch would set in motion a wave of corporate bankruptcies that…
OPEC may have reached a deal to cut 10 million bpd, but for many U.S. shale producers, it is too little, far too late. Much ado…
OPEC+ and large producers such as Canada, Norway, Mexico and Brazil came to an output cut agreement this weekend, but a coordinated output reduction in the United States isn’t likely…
The coronavirus pandemic is one of the biggest and unprecedented seismic shifts in the global economy that we’ve ever seen in modern history, and it’s just getting started. Already,…
With OPEC and its partners failing to inject some bullish sentiment into oil markets with their historic production cut deal, our analysts recently shared their forecasts on where oil will…
Last time when prices at the pump were so low—about four years ago—it was heaven for drivers. Now, with lockdowns across most states, it is anything but: gasoline may indeed…
Saudi Arabia has said that even more production cuts could be on the horizon, after sealing a 9.7 million bpd production cut over the week from the OPEC+ group, Saudi…
The largest banks in the United States are preparing to seize the assets of shale companies across the West Texas Permian Basin. What was once the epicenter of…
A report by market analyst Roskill states that the slowdown in the Chinese EV market during H2-2019 and the covid-19 pandemic have had a significant impact on demand projections for…
Shortly after Mexico won a historic "Mexican standoff" with Saudi Arabia on Sunday afternoon, and was exempt from a historic 9.7mmb/d oil production cut by OPEC+ member states (which Mexico…
The oil price crash has attracted all the media attention to the dire state of the U.S. crude oil-producing sector with cash-strapped drillers struggling to make any money…
Russia’s space agency Roscosmos has condemned US President Donald Trump’s order signed this week, which encourages citizens to mine the moon and other…
An article in the Financial Times reviews the fortunes of parts makers Infineon (formerly part of Siemens), Continental
Just in case you’ve been living under a rock for the past month and a half or you’re quarantining yourself from the news cycle as well as everything…
Investor Alert: As oil prices crash towards $20 on the back of an insufficient production cut agreement, all eyes will be on…
Baker Hughes reported on Thursday that the number of oil and gas rigs in the US fell again this week by 62, falling to 602, with the total oil and…
U.S. West Texas Intermediate and international benchmark Brent crude oil futures are likely to firm next week after OPEC and its allies agreed to a historic production cut agreement on…
1. New fracked wells plunge- The collapse of oil prices has already led to the…
COVID-19 Market Update - While JPMorgan has been trying to ditch the discount loans it holds from Gulf sovereign wealth funds (notably, Saudi Arabia’s and the UAE’s) as prices crash…