Despite global commitments to clean…
Scientists have developed a new…
Earlier this year, the price…
Four hundred and thirty-five years after Francis Drake circumnavigated the world, and we continue to see the same themes circling the oil market at the start…
Horizontal rigs fell by 13 to 346 and total land rigs fell 12 to 420. (Click to enlarge) Tight oil rigs fell…
Is the crude stock data in the EIA’s Weekly Petroleum Status Report (Table 1 in the report) a useful tool for judging the prospects for…
Iran, which possesses the second-largest natural gas reserves in the world, has recently announced its intention to dramatically increase its energy production. It is also…
Iraq may be the fastest-growing oil producer as of 2015, but it’s about to fall apart at the seams, with the war against the Islamic State…
Two days ago we brought you excerpts from a Huffington Post investigative report on Unaoil, a previously obscure Monaco company that allegedly functions as a…
U.S. shale continues to inch down each week – the EIA’s latest weekly estimate shows a decline of 16,000 barrels per day in the last…
Famed economist John Kenneth Galbraith used to respond to questions about the direction of the economy and financial markets by saying: "I answer because I'm asked…
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…
Friday, April 1, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…
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…
Looking at this week’s key figures of the oil and gas industry in which we see that U.S. production continues to decline, but that overall U.S.…
In recent weeks I have read many oil prognosticators theorizing what the ultimate Saudi strategy is, or what their end game might be. To recap, in…
One hundred and ninety years to the day after Samuel Morey patented the internal combustion engine, and the combination of Saudi rhetoric and a solid jobs…
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…
India is in the process of surpassing China as the world’s most important country when it comes to analyzing energy markets. India’s consumption of various commodities…
The major oil companies greatly underestimate the impact electric vehicles will have on their market, write independent energy advisors Salman Ghouri and Andreas de Vries. According…
In the past month alone, two major events unfolded in the Algerian oil and gas sector that will in many ways shape the industry risk outlook…
Cut greenhouse gas emissions in New York by 40 percent by 2050. A commendable goal. But two of the four nuclear power stations in the state…
U.S. motorists are taking advantage of cheap gasoline, fueling up and hitting the roads. According to the EIA, gasoline demand is at a record high for…