On the one hand, artificial…
China is raising from Wednesday…
Politics, Geopolitics & Conflict The purge in Turkey is continuing and gathering pace, as it expands into more industries. Last week, President Erdogan shut down more than 100…
September Crude Oil futures are poised to close higher for the week, signaling a shift in momentum back to the upside, after a prolonged move down in terms…
Oil prices reversed on Friday morning after a strong rally on Wednesday and Thursday while U.S. oil production continued to fall after a few weeks of respite.
Welcome to another Nonfarm Friday! As job creation last month was much better than consensus (255,000 jobs created versus 180,000 expected, with an upward revision to prior data…
Yahoo Messenger is shutting down, leaving oil and gas traders, once dependent on Yahoo Messenger, looking for a new means of communication. The service was still active when the…
This past March, I wrote about some intriguing comments from the Chinese government. Suggesting that the nation might be on the verge of opening major opportunities in…
The Saudi economy is stabilizing after the government implemented pivotal reforms in order to address a fiscal and economic crisis because of plunging oil prices. Over the past…
Activist investing has taken off in prominence in the last five years with guys like Bill Ackman and Carl Icahn making a very public case around firms from…
On Tuesday, news broke of Angola’s decision to back out of a deal with Cobalt International Energy to purchase an oil discovery for $1.8 billion. Sonangol, Angola’s state…
Politicians and consumers often grapple with what the best choice is in terms of vehicle purchases. Often this is framed as an “either/or” question: either all gas, hybrid,…
As crude hopscotches back above the $40 level, it is once again being used as a trampoline, propelling prices higher. Despite the Bank of Blighty (England) cutting interest…
Gazprom, Russia’s flagship energy company and the face of its geopolitical ambitions, is facing grim times. Although the company was able to report an almost five-fold profit…
The recent drop in crude oil prices has not reflected in the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA: HYG), as shown in the charts below.…
It used to be that when it came to the world economy, oil prices and economic growth were more like distant cousins who disliked each other rather than…
Attacks against oil infrastructure are all too common in areas like the Niger Delta of Nigeria or Iraq’s northern Kurdish region. But authorities in the United…
China has installed 20 gigawatts of new solar power just in the first half of this year. This achievement beats analysts’ expectations by a wide margin. China…
U.S.-based oil and gas majors Chevron (ticker: CVX), ExxonMobil (ticker: XOM), and ConocoPhillips (ticker: COP) all reported their second quarter earnings last week, each showing significant hits from…
Crude is rebounding today after the EIA reported a moderate build to crude inventories, but a quite unexpected and significant draw to gasoline inventories, pushing aside oversupply…
The Energy Information Administration reported a 1.4-million-barrel increase in crude oil inventories for the week to July 29, with the total reaching 522.5 million barrels. Yet again,…
Summer driving season: it’s the season to be traveling, what with long weekends, annual leaves and short getaways from the banalities of everyday life at the office.