• 1 day PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 2 days Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 2 days Syrian Rebels Relinquish Control Of Major Gas Field
  • 2 days Schlumberger Warns Of Moderating Investment In North America
  • 2 days Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 2 days Energy Regulators Look To Guard Grid From Cyberattacks
  • 2 days Mexico Says OPEC Has Not Approached It For Deal Extension
  • 2 days New Video Game Targets Oil Infrastructure
  • 2 days Shell Restarts Bonny Light Exports
  • 2 days Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 2 days Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 2 days British Utility Companies Brace For Major Reforms
  • 3 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 3 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 3 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 3 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 3 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 3 days Rosneft Signs $400M Deal With Kurdistan
  • 3 days Kinder Morgan Warns About Trans Mountain Delays
  • 3 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 3 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 4 days Russia, Saudis Team Up To Boost Fracking Tech
  • 4 days Conflicting News Spurs Doubt On Aramco IPO
  • 4 days Exxon Starts Production At New Refinery In Texas
  • 4 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 5 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 5 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 5 days China To Take 5% Of Rosneft’s Output In New Deal
  • 5 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 5 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 5 days VW Fails To Secure Critical Commodity For EVs
  • 5 days Enbridge Pipeline Expansion Finally Approved
  • 5 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 5 days OPEC Oil Deal Compliance Falls To 86%
  • 6 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 6 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 6 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 6 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 6 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 6 days Aramco Says No Plans To Shelve IPO
5 Big Gainers In Oil & Gas This Week

5 Big Gainers In Oil & Gas This Week

Energy stocks have been among…

Why Wall Street Is Bullish On Refiners

Why Wall Street Is Bullish On Refiners

Wells Fargo has noted that…

Finance / the Economy

Are We Heading for a Decade of 1970s Style Stagflation?

Are We Heading for a Decade of 1970s Style Stagflation?

Apr 06, 2010 at 19:00 | Charles Hugh Smith

Four key factors in the 1970s were very different from present conditions, and that argues against 1970s-style stagflation as a model for 2010-2020. Sometimes history rhymes--but only for the first…

U.S. Will Lose a Trade War with China

U.S. Will Lose a Trade War with China

Apr 05, 2010 at 19:00 | Michael Pento

In light of the number of manufacturing and goods producing jobs lost in America over the past decade, it’s no wonder why many in Washington and on Main St. are…

The U.S. Government Will No Longer be Propping up the Mortgage Markets. Supposedly

The U.S. Government Will No Longer be Propping up the Mortgage Markets. Supposedly

Apr 02, 2010 at 18:39 | Dave Forest

For over a year, the Federal Reserve has been pouring money into American mortgages. Buying "mortgage-backed securities" (MBS), financial instruments whose value is based on a pool of underlying mortgages.…

Key Indicators Signal a Positive Shift in the Economic Landscape

Key Indicators Signal a Positive Shift in the Economic Landscape

Mar 31, 2010 at 17:41 | Dave Forest

Something has changed these last few weeks. Yesterday I was struck by how many indicators have suddenly broken trend over the last few months. It appears that the economic landscape…

Critical Indicator Signals America's Economic Fortunes May be Changing

Critical Indicator Signals America's Economic Fortunes May be Changing

Mar 25, 2010 at 18:17 | Dave Forest

Something unusual happened the last few weeks. Bank lending in the U.S. didn't fall significantly. Since the onset of the financial crisis, outstanding loans at U.S. commercial banks have been…

The Debt Potato

The Debt Potato

Mar 11, 2010 at 18:50 | Dave Forest

The past year has been all about shifting debt. The financial crisis drove American homeowners into debt. Homeowners defaulted on their loans (or threatened to), driving the banks into debt.…

Is the Dollar Really Safer Than the Euro?

Is the Dollar Really Safer Than the Euro?

Mar 04, 2010 at 13:36 | Michael Pento

The European currency has depreciated dramatically against the US dollar in the past few months, falling from over $1.50 on December 1st to $1.35 today. The move has caused many…

Why the Euro Might Devolve into Euro1 and Euro2

Why the Euro Might Devolve into Euro1 and Euro2

Mar 02, 2010 at 21:38 | Charles Hugh Smith

The euro as presently configured is doomed due to structural imbalances between mercantilist and consumer nations. A "euro1 and euro2" system would allow a face-saving demise to euroland's single currency.…

Losing the Red Queen's Race

Losing the Red Queen's Race

Feb 17, 2010 at 17:44 | Charles Hugh Smith

The Red Queen's Race is an apt analogy for the meltdown in assets and debt now swamping the global economy. The a href="http://en.wikipedia.org/wiki/Red_Queen's_race">Red Queen's race refers to running…

Fed Chooses to Exit Through Eye of Needle

Fed Chooses to Exit Through Eye of Needle

Feb 16, 2010 at 14:04 | Michael Pento

Ben Bernanke is making sure the Fed's exit strategy goes as easily as a camel can pass through the eye of a needle. Instead of choosing to just sell assets…

Oilprice - The No. 1 Source for Oil & Energy News