Europe’s lack of energy security…
Refinery outages in the United…
A massive rally in the oil market starting last Friday has everyone asking whether oil has bottomed. As for me, I’m not sure that’s the right…
Crude Oil Outlook If you read the crude oil news on January 29, the day that crude oil bottomed, you’ll…
The nearly 20 percent rally in oil prices over the past week raised hopes in the oil industry that the financial bloodshed might be over.…
When I made my energy predictions for 2015, I made some very aggressive predictions. Perhaps the most aggressive was that the closing price of West…
While the markets are still debating whether the price of oil is more impacted by the excess pumping of crude here, or the lack of demand…
The oil markets are showing some life, having rallied 11 percent over a two-day period. But if a bigger rebound is not around the corner,…
Rapidly declining world oil prices, a lack of basic goods in supermarkets, insecurity, and a more united opposition look set to make 2015 the most difficult year yet for…
The first quarterly earnings reports since the collapse of oil prices are in and the numbers show a significant deterioration in profits for the oil majors.…
The price drop we have seen at the pump in recent months has been nothing short of spectacular. It has provided the equivalent of a
EIA Inventory build was double expectations at 8.87 million barrels...With Total Crude Supply at its highest since at least 1982...
In last week’s article I posted a chart from the International Energy Agency’s recent Oil Market Report that shows global demand for refined products catching up to supply by the…
OPEC’s secretary-general says the 7-month-old plunge in oil prices finally may have bottomed out and may be ready to rise again. In fact, Abdullah al-Badri hypothesized that a decision by…
As has become the norm, oil markets reacted suddenly to comments by OPEC’s secretary general regarding the possibility of oil reaching $200 a barrel should investment die off due to…
Over the course of 2014 the prices the world paid for crude oil tumbled from over $125 per barrel to around $45 per barrel now, and could easily drop further…
In a documentary that aired recently on the Canadian Broadcasting Corporation’s popular The Fifth Estate program, an allegory of Vladimir Putin was presented. The wily Russian president was described growing…
In the past few weeks I have received numerous questions about the role of a “drop in demand” in the oil price decline. These questions are driven by many stories…
The combination of Western sanctions and the collapse of oil prices is exposing deep structural problems in Russia’s economy, and it is showing the petro-state model of governance developed by…
Thursday’s ECB announcement from Mario Draghi gave everyone in the stock market continued hope – with 60b Euros of bond buying power, the stock markets both across the pond and…
Crude Oil Outlook Crude oil futures began the week in a position to rally based on the technical chart pattern formed the weak-ending January 16, however, there was no follow-through…
The death of Saudi Arabia’s King Abdullah made international headlines on January 22, raising questions about the future of the Middle East. News of his death briefly rattled the…