The IEA has cut its…
Around 43.8 million Americans are…
Politics, Geopolitics & Conflict - Clashes have broken out between Syrian Kurds and Turkish forces today, disrupting a shaky ceasefire that Trump announced as a victory yesterday, and as permanent.…
When a sector is under pressure, as energy is now, individual stocks often get dragged down with everything else to a point that just defies logic. That is the case…
Tesla may have just crushed the oil industry’s hopes of a decent quarter. It’s earnings season, and all eyes are on the state of the North American oil industry, so…
The United States may leave 500 troops in northeastern Syria and send in battle tanks and other equipment, the Wall Street Journal reports, citing military officials who presented the…
Oil prices received a jolt mid-week on rumors that OPEC+ might cut deeper and also because of a surprise drawdown in EIA inventory data. Nevertheless, economic cracks continue to…
Nothing has defined the American Dream more succinctly than oil wealth. This isn’t Saudi Arabia, where princes inherit the wealth of their kingdom based on bloodline rather than merit. This…
Elon Musk defied critics this week, delivering a surprise profit in the third quarter for Tesla. After several quarters of major losses, and mountains of debt, Tesla swung back to…
“The worst possible outcome”: that’s how one analyst called Canada’s national election results for the country’s troubled oil industry. Besides being the worst, it is also unpleasantly ironic. The pro-oil…
Cyprus is one of the most energy-deprived countries in the world when it comes to fossil fuels. Despite the discovery of significant natural gas reserves, the island state is still…
China has set its sights high - very high - in terms of economic development, aiming to become not just one of the world’s superpowers by 2049 (the 100 year…
The unstable security situation in Libya and the continued bickering between rival governments have kept international oil companies from resuming exploration activities in the civil war-torn North African oil producer.…
Russia’s largest oil company Rosneft has already completed the switch away from the U.S. dollar to euros in its export contracts to minimize risks from potential new U.S. sanctions, Rosneft’s…
President Donald Trump reiterated that the United States will be withdrawing from the Paris Climate Agreement, praising soaring U.S. oil and gas production at the same time. “I withdrew the…
Energy forecasters see a worsening supply glut in 2020, putting OPEC+ in a bind. But beyond that, the bust could result in a boom as supply growth slows to a…
He’s rumored to have toyed with creating a zombie apocalypse just to promote his new flamethrowers, to have suggested solidarity with a non-existent ‘Flat Earth Society’, and possibly even to…
This isn’t another tired story about how kicking the coal habit will reduce greenhouse gas emissions. That would be like kicking a dead horse. Instead, there is a massive new…
74 years ago, at 8:15 am local time On August 6, 1945, the city of Hiroshima was wiped off the map. 70,000 people were killed in a single instant (the…
The Turkish Gambit It’s official: Syrian Kurdistan has ceased to exist. Turkey and Russia have cut a deal that will allow Turkey to occupy a buffer zone in northern Syria,…
OPEC mulling the possibility of cutting even deeper than the 1.2mbpd committed under the aegis of the Vienna Alliance has been the main news of the past seven days. The…
Mexico and IMO 2020, what a tremendous pairing. The Mexican national oil company PEMEX has been one of the few lucky free-riders of the US sanctions frenzy that saw most…