Earlier this year, the price…
While U.S. and European automakers…
Happy Thanksgiving Eve! A fairly neutral EIA report - tilted a wee bit bullish for crude, bearish for the products - has been a welcome distraction, before a surgical…
The dramatic fall in oil prices over the last two years has sent shockwaves throughout Africa. From a high of $115 a barrel in June 2014, oil prices have dropped…
A day after crude slid on API’s report of a 2.68-million-barrel build in gasoline inventories in the U.S., the EIA injected a modest amount of optimism into markets by…
Oil prices have been rallying this week on hopes of a supply cut from OPEC. But even without a rise in the global price, news this week suggests things are…
Oil prices moved back up closer to $50 per barrel on the sudden surge in optimism surrounding an OPEC deal. With the meeting just days away, everybody is playing ball…
Russia’s long planned pivot east found itself unexpectedly wrong-footed in early 2014, following the Crimean referendum and subsequent western rebuke. The global collapse of oil prices – and that…
Regardless of which side of the political spectrum you’re on, investors often have a tendency to over exaggerate the impact that politicians have on the market. Donald Trump may or…
While the market has taken the latest round of "optimistic" jawboning by OPEC members in stride, sending crude higher by 4 percent ahead of next week's meeting in Vienna where…
Oil prices hit recent highs on Monday on OPEC deal hopes, but hit a snag on Tuesday as Iraq and Iran remain hesitant towards an output cut.
And it is Groundhog Day again, as the OPEC rumor-mill gets cranked up once more. Fortunately we get the welcome distraction of an inventory report tomorrow, while some respite follows…
When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering. Welcome to…
More than a month after shocking the market by saying that Russia was ready to join OPEC’s efforts to reduce global oil supply, Russian President Vladimir Putin said…
OK, 2016 – this is it. This is your last chance to get something right. OPEC meet on November 30th to do a deal that would see the biggest oil…
The Obama administration is rushing to get a flurry of priorities done before Donald Trump takes office. One of those items was a five-year lease plan from the Department of…
In the emotion-laden aftermath of the U.S. presidential elections, the focus of all energy attention seems to be exclusively on crude oil and domestic production. Specifically, on whether energy independence…
As OPEC optimism continues to grow, and as the dollar eases lower, crude is moving higher today in this holiday-shortened week (woot woot!). Hark, here are five things to consider…
Iraq may not be going rogue on the OPEC deal after all, and will apparently be putting up three new proposals for discussion at the cartel’s technical meeting in Vienna…
It’s been a tough week for the U.S. oil and gas industry, with the Department of Interior annulling 25 leases in Colorado’s Mancos shale (for environmental reasons), and then…
Chevy is about to release its all-electric Bolt. Tesla will soon put its Model 3 on sale. More than a dozen additional EV models will be launched in the next…
Donald Trump’s victory has provided wings to the small independent oil refiners who have been burdened with the excess cost of buying credits as per the Energy Independence and Security…