Europe’s lack of energy security…
Refinery outages in the United…
Oil prices surged to their highest levels in six months on Wednesday as the Fed left interest rates unchanged. WTI jumped by 2.8 percent to $45.29…
Oil speculators are growing more confident that prices are gaining ground on the back of rising demand and shrinking supply. U.S. gasoline demand is at a…
Recent Commodity Prices Dynamics With commodity prices falling precipitously during the last 2 years it has been a hard time for both commodity market…
Late last week, just ahead of the Doha meeting, we reported that Iran's existing oil tanker armada, which until recently had been on anchor next to…
The Doha meeting turned out to be a complete wash, but still, the rumour and expectation leading up to the meeting produced a massive rebound in…
One hundred and nineteen years to the day after the first Boston marathon, and oil markets are running higher once more. Looking beyond Doha disappointments, the…
In a forex dealing room, where I got my start and my training, talking your book is a time honored tradition. In its simplest form it…
I follow oil pretty closely given our exposure. As such, I get frustrated with many press and news show accounts of the commodity. It gets worse…
Today, I’m going to try and tackle the reasoning for my ‘wild’ predictions for oil reaching triple digits by the end of 2017. While I…
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari…
Today, I’m going to try and tackle the reasoning for my ‘wild’ predictions for oil reaching triple digits by the end of 2017. While I am…
This week, we’re going to focus on the technical chart pattern since the fundamentals have been beaten to death. By now we should all know that the world is oversupplied…
At a time when the Saudis are desperately trying to hang on to their dwindling market share, it is intriguing to consider exactly why Russia and…
Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least…
The major beneficiary of the 54 percent jump in oil prices from the lows of $26 per barrel is the U.S. shale oil industry, which will…
If the last few weeks in the commodity markets have proved one thing it is that the strongest fundamental influence on pricing in those markets is…
Two hundred and three years after David Melville patented the gas streetlight, and oil prices are lit up once again today. Prices are rallying for a…
Crude inventory data from the Department of Energy (DOE) has the tendency to cause massive volatility in today’s market, with prices hovering perilously close to resistance…
OPEC and Russia are pushing ahead with a planned meeting to discuss a production freeze, and have agreed to meet in Doha on April 17.
The oil-price rally that began in mid-February will almost certainly collapse. It is similar to the false March-June 2015 rally. In both cases, prices increased largely…