In case of further escalation,…
The crude oil net long…
After almost a year and a half of chaos, the oil market seems to be going through a period of relative calm.For most people that is good news,…
(Click to enlarge) FUNDAMENTAL ANALYSIS With the crude oil chart indicating a range bound trade, this…
A few weeks ago, the IMF said something that, although it should have been obvious, seemed to surprise quite a few people. Here’s the quote from a recently released study:
The performance of Blood & Oil, a soap opera based on the North Dakota oil boom, is not going well. The show saw its episodes trimmed by ABC amid…
A group of investment banks are becoming increasingly gloomy about the direction of oil prices in the near-term. A Wall Street Journal survey of 13…
In my last article I outlined the case that the fall in commodities is a result of Fed policy more so than fundamentals. The fall in oil began, almost…
The 6.3% rise in December Crude Oil on October 29 serves as a great example of just how starved the energy complex is for just a…
Buy high, sell low. The definition of stupid.That’s what Congress is considering as it eyes selling oil from the U.S. Strategic Petroleum Reserve (SPR) to pay for certain…
It’s been a long and tough year so far for oil and gas producers.While cheap oil has been a boon for American consumers and some businesses, it has…
In a cautious and prudent display of corporate strategy, Anadarko’s CEO announced that his company would not seek to expand its holdings unless and until it becomes profitable to…
One thing I live by is the belief that “if coincidences keep happening they are no longer coincidences.”There seem far too many coincidences to credibly believe that the…
In honor of Cleo Laine’s 88th birthday, the crude market is swingin’ away today, trying to shimmy away from a two-month low. After a turbulent night, prices have reversed losses…
As oil prices are now hovering around $45 per barrel, the entire oil and gas industry is looking forward to the next OPEC meeting, due to be held on December…
Get ready for some bad news and red ink.With the bulk of quarterly earnings reports in the energy industry yet to be announced, there are already $6.5 billion…
The crude complex is already in the mood for Halloween later this week, spooked once again on what would have been Jackie Coogan’s 101st birthday. A weaker dollar early on…
We are a little more than a month away from OPEC’s next meeting, which will be held in Vienna on December 4, 2015.OPEC altered the course of the…
There have been some interesting outcroppings from the long down-cycle in oil prices. The weakening of oil companies and their shift in focus from maximizing volumes and profits to hunkering…
In honor of what would have been Johnny Carson’s 90th birthday, the oil market is full of chatter to finish the week. We’ve had a bunch of economic releases to…
Two hundred and eighteen years after the first recorded parachute jump, and the crude complex has pulled the ripcord on its recent free-fall. After three consecutive down days, the crude…
October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow…