Following a rally in energy…
The reason that investors have…
After last year’s rapid recovery from the depths of the oil market’s plunge, many investors went into 2017 expecting black gold to keep rising in value. So far, it is…
Friday March 3, 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…
Politics, Geopolitics & Conflict • The Philippines is cozying up to China, which could have implications for geopolitical dynamics in the South China Sea and for Beijing’s claims on about…
What did we learn about the crude oil market this week? On the bearish side of the equation, we learned that according to the U.S. Energy Information Administration, crude oil…
Oil prices fell to three week lows before recovering slightly on Friday morning, as early reports of OPEC’s compliance in February look promising.
I’ve talked the last several months about a little-discussed looming issue in the shale patch. Earthquakes. A few weeks ago, Pennsylvania regulators made the first-ever connection between fracking activity…
At the outset of the 2014 oil collapse, slacking oil demand growth was often cited as a major contributor to the sharp decline in oil prices. In September 2014, the…
ExxonMobil’s new CEO Darren Woods announced a dramatic shift towards shale drilling this week, a new strategy that will prioritize drilling thousands of smaller wells while reducing spending on the…
The oil industry has been notoriously slow in joining the digital age, but now it has been forced to do it as the efficiency drive trumps expansion in the post-oil…
For most people the reflexive answer to the title question is yes. Consider, however, that over various time spans since 1980, the price of oil has dropped 75, 76, 78,…
When is 60 percent compliance a good thing? When it’s not 40 percent... That is the latest status on the non-OPEC nations who agreed to November’s production cut, as discussed…
A policy of nationalizing chunks of an economy inevitably creates oligarchs who skim profits off the country’s natural resources. As such, you won’t be surprised to learn that the
The Saudi King kicked off a month-long tour of Asia this week, as the oil kingdom looks to bolster ties in the east as it loses confidence in the…
Whether or not SolarCity was a good investment on the part of Tesla has been of speculation late as the company released its latest quarterly report. It seems that…
Nearly 20 states have raised gas taxes or recalculated gas-tax formulas in recent years to generate additional revenues. Which, of course, is an extremely politically expedient way to raise taxes…
The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. Oil prices have stabilized…
Two years ago, OPEC took steps to increase its market share. It continued with this same policy for two years by pumping oil in an oversupplied market. The result: oil…
Since Saudi Arabia said last year that it planned to sell a small portion of its crown jewel Aramco, analysts and industry specialists have been questioning the Kingdom’s evaluation of…
President Donald Trump has announced that the construction of the highly controversial oil pipelines must use American steel companies as their source to complete the projects. His plan, however, is…
Oil prices hit the wall once again on Tuesday as traders believe that increased U.S. shale output could offset OPEC output cut gains. …