Turkmenistan's Foreign Minister announces an…
Slowly but surely, carmakers are…
Wall Street’s buying of options--options on stocks, on commodities, on currencies, on almost anything--has been seen as a sucker's bet (unless you are doing it to…
For most oil and gas exploration and production (E&P) companies the last year or so has been about survival. The spectacular collapse in oil prices has been followed by a…
Oil prices retreated this week, retracing most of the gains achieved last week, putting crude nearly back where it started before the latest rally. WTI dropped to $46 per barrel…
Two hundred and twenty-two years after the death of Marie Antoinette, and the crude complex is trying not to lose its head. After a week of…
The Volkswagen emission scandal (commonly known as Dieselgate) has shocked the entire world. It all began on September 18, 2015 when the German carmaker was charged for violating the Clean…
Saudi Arabia is taking a massive gamble on the world oil markets. Their “pump at any price” policy has driven oil down to below $50 per barrel and, so far,…
Much has been written about the mounting pile of debt for U.S. oil companies (not to mention the well-known Brazilian oil giant).Not that long ago, many…
One hundred and seventy-one years after the birth of Nietzsche, and oil prices are gazing into the abyss. For yesterday’s weekly API report yielded a whopping +9.3 million barrel build…
As has already been discussed at length, once the economic sanctions imposed by the U.S. and the European Union on Iran begin to be lifted next year, there is…
One of the most interesting by-products of the recovery since Financial Crisis has been the rapid inflation of a variety of different types of assets. As the Fed has kept…
One-hundred-and-twenty-one years after the birth of E.E. Cummings, and the crude complex is just like one of his poems – undecided about where it is going next. The crude complex…
The rally in oil prices – jumping by around 10 percent in a week – took a breather at the start of this week, as the markets began to digest…
Thirty-five years to the day after AC/DC’s ‘Back in Black‘ went platinum, and storm clouds are returning to darken financial markets once more. Jumping right into overnight action, Chinese economic…
Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its…
Happy Columbus Day! While most markets are open in the U.S., our friends in the North are closed today to celebrate Thanksgiving, while both Japanese and Brazilian markets are also…
The bust in commodity prices is sending ripples through the world of emerging markets.Countries depending on resource extraction and exports of commodities have run into a brick wall…
For an industry that has remained mostly unchanged throughout the twentieth century, lighting has seen a remarkable amount of turmoil and transition since 2000. Incandescent bulbs have been the standard…
Now that oil, as represented by WTI, has jumped above $50 and trades such as the Petrobras (PBR) purchase that I recommended a couple of weeks ago are showing a…
After weeks of floundering in the mid-$40s per barrel, a new rally for crude oil got underway this week. WTI jumped to $50 per barrel and Brent is now over…
With a hat-tip to birthday boy Scott Bakula, risk-on markets have made a quantum leap higher this week, and are continuing this trend today. Broader markets are full of the…