Tesla's Full Self-Driving system has…
Reduced U.S. diesel consumption and…
What really causes falling productivity growth? The answer seems to be very much energy-related. Human labor by itself does not cause productivity growth. It is human labor, leveraged by…
The government’s recent decision to make cuts to Kuwait’s petrol subsidy system is expected to boost state coffers amid low global oil prices, despite some push-back from organised labour. In…
At the conclusion of the G20 conference in China this month, the assembled countries pledged yet again to end fossil fuel subsidies. An action item read the attendees would,…
Power-sharing in Iraq Ever since the establishment of Iraq as a state, the arrangement of power-sharing within the country, on both political and economic bases, has been at the…
Friday, September 23 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 Iraqi-U.S. coalition is advancing on Mosul, the northern Iraqi city that is one of the few remaining strongholds of Islamic State. Before the final…
• OPEC leadership’s discussion of its upcoming meeting dominated oil market headlines this week and helped lead a $4 rally from Monday through Thursday in WTI from $42.55 to near…
Oil prices fell fast on Friday afternoon after Saudi Arabia claimed that "doesn't expect any decision" next week at OPEC’s unofficial meeting in Algiers.
This week Baker Hughes reported that two additional oil rigs went online in the United States, making it the fourth straight week of increased oil rigs, and 13 straight…
Crude prices are selling off, aided by Saudi comments that a decision will not be forthcoming from next week's OPEC meeting in Algiers. Add to this news that the Federal…
Having suffered massive oil revenue shortages and budget deficits since the oil price collapse in 2014, Russia and Saudi Arabia have now agreed to cooperate on stabilizing the oil market.…
For many oil companies, the current downturn in oil is a back-breaker, but some have adapted to the falling prices and are fighting each day to survive and benefit from…
Qatar always wanted to punch above its weight. In Syria, it got the chance. In 2009, Qatar, a leading natural gas producer, approached Syria about routing its planned 1,500…
The classic Wall Street trader is dead. For decades, or even centuries, the professional investment markets were characterized by smart individuals buying and selling stocks, bonds, currencies, and commodities based…
After being surprised by the voracity of the weekly oil inventory draw yesterday, oil prices have been rallying ever since. Today a move higher is being further encouraged by a…
There is a strong possibility that OPEC disappoints the oil markets in the coming days, offering either no production limit or a toothless agreement that may not even be finalized…
This week, the International Court of Justice will hear a border dispute case pitting the neighboring – and generally neighborly – states of Somalia and Kenya against each other…
The charts look terrible. In the ruthless court of equity markets, the verdict is clear: The energy business – whether oil, gas, coal, solar, wind, nuclear, clean-tech or no-tech –…
Amidst Tesla’s recent bad press, Chief Executive Officer Elon Musk prepares for another big week of news. It has been reported that the Prime Minister of India has given Musk…
North Dakota has just come out with their oil production numbers for July 2016. Bakken production was up by 3,046 barrels per day while all North Dakota production…