The crude oil net long…
After another bout of intensive…
Standard Chartered has predicted global…
Last week President Trump unveiled his budget blueprint, which detailed savage cuts to most areas of discretionary spending while boosting defense outlays by a whopping $54 billion. Nearly all…
There was a time when if a Canadian exploration and production (E&P) company bought out a foreign-controlled competitor, it was not only good for the country but financially beneficial because…
Oil prices fell to one week lows ahead of this week’s inventory data as rumors about a possible OPEC output cut extension failed to impress the markets.
Crude prices are coming under selling pressure once again, as oversupply concerns dwarf OPEC production cut expectations. As equity markets join oil prices in charging lower, hark, here are six…
China’s independent refiners known as teapots have used up the amount of imported crude that the government allocated to them in January, which means imports are likely to slow down…
Back from the wilds of Asia. Just in time to witness one of the most critical new field start-ups the global oil sector has seen in years. That’s the South…
Last week, after WTI dipped to $48, it seemed to firm up a bit on assurances from OPEC regarding compliance with its cuts, and a better-than-expected report from the…
Saudi Arabia’s king Salman last week invited Beijing to take a more active part in Middle East politics and in response, the Chinese Foreign Ministry said it would be happy…
Members of the Organization of Petroleum Exporting Countries (OPEC) favor extending production cuts beyond June to continue efforts to rebalance global oil markets, according to a new report by Reuters.…
In the lead-up to President Rouhani’s visit to Moscow, expected to take place in late March, a plethora of news regarding joint Russo-Iranian energy projects has been circulating on…
Earlier this month, Tesla Inc reported that its revenues in China topped $1 billion in 2016, more than triple the revenues it generated there in 2015. The Chinese market…
If OPEC fails to agree to extend their production cuts for another six months, Iraq could be a major reason why. For many years after the 2003 U.S. invasion, Iraq…
Often the most important turning points in markets, and in this case the oil market, happen with a whimper rather than a bang. The ongoing crash in the oil market…
Efficiency is the new buzzword for the oil and gas industry in case someone’s missed it. But it is more than just a buzzword, at least for some industry players…
One of the key components of last year’s OPEC production deal was the proviso that the Islamic Republic of Iran could continue increasing production by several hundred thousand bpd, until…
Despite the clamor being raised by “analysts” portending a bloodbath in oil prices during the sharp decline late last week, neither the underlying market dynamics nor the oil trading contracts…
The oil price slump has put pressure on the budgets of the U.S. oil and coal states that have been struggling with lower energy tax revenues and difficult decisions about…
Foreign state owned enterprises appear poised to take an even larger, more active role in the interna-tional energy business in all aspects--nuclear as well as renewables. Press reports indicate that…
In early 2009, I did a segment on CNBC with Erin Burnett and the late Mark Haines, pointing out a way for us to band together and make some serious…
Since the election in November energy stocks have soared, with most of the attention being on conventional oil and gas producers. That makes sense, but traders and investors should not…