Following a rally in energy…
WTI crude hangs above $80…
Oil prices collapsed on Tuesday for the second time in a week. During midday trading, WTI fell below $55 per barrel and Brent dropped below $65 per barrel. Both benchmarks…
Oil industry executives are surely pleased with themselves this year, with both large and small companies reporting improved financials after years of struggling. A Reuters survey finds a significant…
Bearish sentiment has taken hold of oil markets, with oil and gas companies having lost $1 trillion since oil began its latest slide. (Click to…
Crude oil stockpiles in China rose by 29.09 million barrels last month from a month before and are likely to continue up, S&P Global Platts calculations have suggested. The…
Over the past three years, the Permian has been the focus of both oil analyst and buyers’ attention. Most of the new drilling and asset acquisitions in America took place…
Refineries are producing excessive amounts of gasoline in a bid to cope with strong demand for diesel, Reuters’ John Kemp wrote in a recent column. As a result, gasoline…
It was a record setting week in the energy complex with crude oil posting one of its biggest declines since the price collapse in 2014 and natural gas posting back-to-back…
In Tuesday’s technical update, I discussed the breakdown in the major markets both internationally as well as domestically. Of note, was the massive bear market in China which is…
On November 19th, President Putin will stand shoulder to shoulder with President Erdogan during a ceremony to celebrate the completion of the first string of Turk Stream. The subsea…
Over the past two years, power prices surged across Europe. The value of front calendar year power futures doubled while spot prices witnessed increased volatility and extreme levels. The evolution…
Oil’s bear market shifted into overdrive this week following the largest daily selloff in three years. Brent futures dropped to $65 while WTI hit $55. Both grades have sold off…
Sanctions, Oil Deals: The Russian Perspective Sources: - High-level figure close to the Russian presidential administration- Senior official in the Russian Ministry of Finance- Moscow-based Russian economist-…
A normal person’s November is mostly associated with Thanksgiving, preparation for Christmas and New Year, perhaps enjoying the last days of Indian summer for those lucky enough to live in…
China’s march into alternative transport is starting to producer some significant numbers. A combination of rising electric vehicle (EV) and LNG-fuelled truck sales will, by year’s end, displace about 500,000…
Crude has continued its downward slide, edging lower for the sixth consecutive week amid solidifying concerns about a potentially oversupplied market. On Tuesday prices plunged by 5 dollars, the worst…
Oil prices rose on Friday morning as markets hope OPEC and partners will take action to reverse bearish sentiment. (Click to enlarge)
Baker Hughes reported a 1-rig increase for oil and gas in the United States this week—a far more tempered figure after last week’s 14-rig increase. The total number of active…
There is little space for argument that the biggest problem with mass EV adoption is the high cost and insufficient reliability of lithium-ion batteries. While it’s true that costs have…
Abu Dhabi National Oil Company (ADNOC), one of the largest producers within OPEC, is undergoing a dramatic transformation. ADNOC’s CEO has made several statements suggesting that the NOC is set…
In just one month, everyone stopped talking about $100 oil. In six weeks, oil prices slid into a bear market from four-year highs in early October and booked their steepest…