Iran is playing down the…
Saudi Arabia’s oil giant, in…
Warren Buffet doesn't need the likes of us touting his investment acumen. His holding company, Berkshire Hathaway, has compiled a stunning record of achievement over many decades, beating…
Oil prices fell on Friday, after spiking on Thursday afternoon as a result of an exceptionally strong draw to U.S. crude inventories.
The number of active oil and gas rigs in the United States increased by eleven sites this past week, which marked the eleventh straight week of no-decline…
One hundred years of natural gas? Not at these prices. U.S. gas production is declining and shale gas output is down almost 2.5 Bcf per day. Production is…
The bankruptcy of South Korean shipping company Hanjin is leaving investors scrambling. Recently, the courts in South Korea were asked to decide whether the shipping company should be…
With oil prices surging on the 'one-off' crash in U.S. inventories (as algos run riot once again), overnight remarks from Iran, largely dashing hopes of any freeze agreement…
As a humongous draw to oil inventories has wrong-footed the market, crude prices have ripped higher in response. Hark, here are five things to consider in oil markets today: 1)…
U.S. commercial crude oil inventories declined by 14.5 million barrels during the week ending on September 2nd, according to the Energy Information Administration’s latest report. The American Petroleum Institute…
Saudi Arabia and Russia announced their cooperation to stabilize global oil markets, and while crude oil jumped on the news, it quickly gave back more than half of…
As a general rule of thumb concerning Big Oil and heated presidential elections, the U.S. oil and gas sector routinely donates to the Republican candidates, leaving the “greener”…
Oil price movements in September will largely be at the mercy of central banks and OPEC, with supply and demand figures not offering conclusive evidence on the trajectory…
The Houston-based oil firm Apache announced a massive new discovery on Wednesday, which it claims could supply every refiner on the Gulf Coast of the United States for…
At least one source of Nigerian oil exports is set to come back online after Royal Dutch Shell lifted its force majeure on Bonny Light crude exports.…
Crude is flip-flopping ahead of an exceedingly likely inventory draw to crude stocks from tomorrow's Labor Day-delayed inventory report. With a choppy U.S. dollar, crude is getting whipsawed…
A 5.6-magnitude earthquake shook Oklahoma this past weekend, enough to rank it as among one of the state’s most powerful on record. The earthquake, which took place just…
The fight over the fate of the 1,168-mile Dakota Access pipeline (DAPL) intensified on Saturday, when a clash between private security agents defending the construction site and Native…
In a bid to reduce the budget deficit that has been growing as crude prices have been falling, Saudi Arabia may cancel projects worth over US$20 billion, Bloomberg reported…
Oil prices didn’t manage to extend gains on Tuesday as markets still doubt an OPEC output freeze.
After yesterday's accord between Saudi Arabia and Russia ignited an effervescent oil rally, we have now seen these hopes fizzle out once more. As the 'task force' agreement references no…
Investors in the transportation sector are facing a sea of change thanks to the rise of online commerce. A major part of that change is Amazon.com, and the…