China is on track to…
Oil prices are steadily increasing,…
Spring brings higher gas prices…
Most of us won’t have noticed much market mayhem going on in our daily lives, distracted by terrorism in the heart of Europe. An instantaneous jump of 30% in the…
Because nothing says 'stability' like a Central Bank in charge of things, the smartest richest men in the world have proclaimed in Davos this week that "we need a…
Don’t tell the West, but Vladimir Putin isn’t changing. The Russian President has skipped their little ‘lesson’ on 21st century politics in favor of his own, unadulterated, version. In what…
A highly controversial oil project that Spain’s national government had pinned its hopes on was just cancelled. Spanish oil giant Repsol has decided to call off drilling near the Canary…
The week ending Jan. 17 was a bad one for Alberta, the Canadian province that once was enjoying an oil boom. Schlumberger, the oil services giant in Canada’s west,
Petrobras looked like a model for transparency in the energy sector and, with a recent discovery of large offshore deposits, was poised to make Brazil a regional energy superpower. However,…
The development of heavy oil in the UK goes back further than most people realize. All the way back to 1787, in fact. That was when miners struck a spring…
Last week, energy investors got the first of several reports that should confirm for Wall Street analysts that the physical markets for crude oil are responding to the sharp drop…
Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. Exporting gas is dumb. Exporting oil is dumber. The U.S. imports…
U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The…
Lobbyists are mobilizing to advance it. Environmentalists are mobilizing to stop it. The newly-elected Republican House has already voted to approve it. So has the newly elected Republican Senate. Obama…
The precarious "game theory" equilibrium that worked for decades while OPEC was still a functioning cartel is unwinding before everyone's eyes. Just as Saudi Arabia accurately anticipated, the lower the…
The oil industry is pulling back from some marginal areas of operation, slashing jobs and spending, and retrenching in the face of the ongoing slump in oil markets. Signs of…
The recent decline in oil prices has been devastating to the government coffers of some of Latin America’s oil-dependent countries, including Venezuela, Colombia and Ecuador. But seldom mentioned is that…
No doubt most in Russia are wishing for a rapid rebound in the oil price and a significant recovery in the value of the ruble. Unfortunately, neither seems likely anytime…
The persistent drop in oil prices is prompting more oil-rich OPEC countries to revise the projected revenues in their coming budgets. Already, Saudi Arabia, the world's largest producer of oil…
The North Dakota Industrial Commission is out with the Bakken November Production Data and the North Dakota Production Data.Bakken production…
Following five straight days of losses, U.S. stocks made minor gains Friday morning in light of the shock news coming from Switzerland which has market experts scratching their…
Calling a bottom in oil is a fool’s errand. What’s more important here is in trying to gauge how oil will trade AFTER it finds a bottom. And that isn’t…
I have said in past weeks that I believe the mid-40s would provide support for WTI prices, and so far that has been the case. There has hardly been a…