The sheer length of Iraq’s…
Oil prices continued to rally…
OPEC’s decision at its semi-annual meeting in Vienna on Friday not to cut production but to legitimize its overproduction shows that the group is determined at…
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 sector. Each week we’ll…
First of all, we take a look at this week's key figures for the oil & gas industry. We see that U.S. oil production is slightly up, whereas oil futures…
Given it is ‘National Dice Day’, it is apt that OPEC has left it to chance how the market will react to an adjustment to its…
You really know business is tough when success is measured by suffering less than others. But so it goes as the North American oilpatch enters its second year of a…
First, let’s review 2015 to see what could occur in 2016. What was most noteworthy was the continuation of investor focus on central bank interventions vs.…
OPEC is set to convene its twice-a-year meeting in Vienna, and a growing number of the group’s members are clamoring for production cuts in order to…
Eighty-five years after the birth of French filmmaker Jean-Luc Godard, and the crude complex is acting suitably surreal today. As expected, rhetoric is ratcheting up out of Vienna ahead of…
Economists have long held up carbon taxation as an ideal way to reduce greenhouse gas emissions, but except in a handful of cases, the tricky issue…
As the world leaders come together in Paris to tackle the hot issue of climate change, there is one market that not only remains crucial for…
After years of following developments in extraction of light tight oil (LTO) in the Bakken, the oil price, studying actual well production data from the North…
Forty-eight years to the day after David Bowie’s first single ‘Rubber Band‘ was released (??!!), and the crude complex is being stretched to the downside once…
As energy analysts closely watch for any clues emerging from Vienna, where OPEC is set to meet on December 4, global oil markets remain stubbornly…
A once promising relationship met its abrupt end November 24th. In a matter of minutes – or quite possibly seconds – Russia and Turkey’s burgeoning friendship is back to a…
Last week, the North American oil rig count posted another significant decline, and oil prices are not budging from the low $40s per barrel. Current oil and gas reserves are…
As the December 4, 2015 OPEC meeting in Vienna approaches, all eyes are on Saudi Arabia and its Gulf Arab allies in OPEC—Kuwait, United Arab Emirates,…
When oil prices were spiking in 2008 and some commentators were predicting prices of $200 a barrel, many pundits and politicians turned to blame speculators and hedge funds for…
World leaders have arrived in Paris for the start of the highly-anticipated climate change negotiations. Although most participants, activists, and analysts are more cynical about the process than they were…
The EIA recently published a global oil consumption data sheet that provided a clear picture of where the global oil economy is currently heading. The data revealed that although…
Chinese President Xi Jingping continues his efforts to reorient the Chinese economy on market principles, and a few recent developments highlight the tangible results. First, on…