The OPEC+ group could influence…
Oil prices fell this week…
Friday July 7, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
September Crude Oil Weekly Recap September U.S. West Texas Intermediate crude oil futures are currently in a position to finish lower for the week as investors react to a rise…
This week’s oil price rally started to unwind on Friday as a result of rising OPEC exports, increasing U.S. shale output and a rising rig count.
The number of active oil and gas rigs in the United States rose again this week, this time by 12, resuming what was the US shale patch’s impressive run…
Just a day after Russia’s Energy Minister Alexander Novak said that the OPEC/non-OPEC production cut pact was working and that there was no need to make immediate additional moves, an…
Oil prices have had a bumpy ride over the past month. On June 21, they hit a ten-month low amid concerns over rising supply from the U.S., Libya, and…
(Click to enlarge)Dean Fantazzini has provided me with updates to Texas Oil and Natural Gas estimates, the data shifted about a year ago…
While many oil companies doubled down on debt to maintain or even increase dividends while profits were hard to come by in the ‘lower-for-longer’ oil price world, Canada’s biggest oil…
While it is cutting more than required in the OPEC deal, Saudi Arabia is not ceding its grip on its biggest Asian market—Japan—and is raising market share by selling more…
ExxonMobil, Chevron and other oil majors are lobbying the U.S. Congress not to move forward with legislation that would slap new sanctions on Russia over the latter’s interference in the…
One month ago, after the shocking collapse of the Gulf nation status quo with the announcement of the diplomatic, naval and financial blockade of Qatar by the Saudi alliance, we…
Fueled by a bout of short covering, oil prices continue to climb towards $50 as some analysts now see more upside than downside.
Every now and then, an oil supermajor comes up with what they tout as a breakthrough in scientific research of renewable energy sources. This month, it was ExxonMobil’s turn to…
The contract model for oil pipeline space has some North American producers locked into high per-barrel transportation rates, while others benefit from steep discounts pedaled in bearish markets, a new…
With the almost daily battles raging inside the Beltway over claims of “fake news,” it’s hardly surprising that energy hasn’t been spared. But what is surprising is the jarringly overt…
Ten years have passed since the first concession to search for shale gas was issued. There were several problems of technological, economic and legal nature, which prevented Poland from becoming…
Brutal winter weather in the late 2000s delivered a knockout blow to Central Asia’s unified power grid. Now, almost a decade later, tentative efforts are underway to promote a comeback…
Among the multitude of market clichés, perhaps the most tired of all is the old axiom that traders and investors should buy low and sell high. It is a classic…
Friday June 30, 2017 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
August West Texas Intermediate Crude Oil Futures August West Texas Intermediate crude oil futures are set up for a solid close this week. A combination of profit-taking and short-covering has…