Regular readers, god bless them, will be aware that I am a bit of a contrarian. Most dips are buying opportunities to me and commodity rallies result in my cursor…
Friday September 15, 2017 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Last week the Indian energy minister announced New Delhi has renegotiated the price for the fuel under a 20-year contract with Exxon. Renegotiations of long-term contracts in oil and gas…
November West Texas Intermediate crude oil is in a position to close sharply higher for the week in reaction to a bullish report from the International Energy Agency (IEA). According…
Qatar’s resilience in the face of months of economic and diplomatic ostracization echoes in the ears of Saudi Arabia—a regional and religious leader running out of options in its quest…
It has been a bullish week in oil. Rig counts dropped, WTI broke $50, demand has spiked, and geopolitical risk has kept the market on the edge of its seat. …
The number of active oil and gas rigs in the United States fell this week by 8 rigs. The total oil and gas rig count in the United States…
As the U.S. market begins its recovery from the double whammy served up by hurricanes Harvey and Irma, my earlier projections of where crude oil prices are headed have come true.…
Nearly twenty days (or over 450 hours) after Hurricane Harvey made landfall between Port Aransas and Port O'Connor in Texas, there are a number of signs emerging in our ClipperData…
The long-awaited Saudi Aramco IPO, scheduled for mid-2018, could be delayed to 2019. International news reports have stated that the Saudi government is currently putting together contingency plans for a…
The U.S. solar industry is expected to see its expansion significantly curtailed this year after installing record capacity in 2016, marking the first annual decline in installations for the industry.…
OPEC and Russia are coordinating the first joint OPEC/non-OPEC deal to curb oil output since 2001, but the apparent unity in the face of lower-for-longer oil prices doesn’t disguise the…
World energy consumption is forecast to grow 28 percent by 2040, with China and India leading the growth spurt, and demand set to rise for everything but coal. According to…
It has become raison d’être that electric vehicles (EV) will keep increasing in use without considering serious factors that could hamper their growth. The British electrical grid example and the…
BHP announced their plans to divest their U.S. shale assets, including a 123,000-acre position in the heart of the Delaware Basin. This acreage position, in terms of a pricing evaluation,…
Alberta Premier Rachel Notley cut the ribbon that marked the official opening of an oil sands expansion project near Fort McMurray on Wednesday. The new project is expected to produce…
Buoyed by strong global oil demand growth and reduced OPEC supply, U.S. benchmark WTI jumped above the psychologically important US$50 threshold on Thursday, topping that level for the first…
On the last day of summer 2017, Russia’s Prime Minister Dmitry Medvedev held a government session dedicated to the development of the country’s territories in the Arctic. After months of…
Big disappointment in the global natural gas industry this week, with majors Total and Eni coming up largely dry in a much-anticipated well offshore Cyprus. But elsewhere things are turning…
Despite the huge uncertainties related to the two massive hurricanes that hit the U.S., the global oil market looks tighter than it has in a long time, according to a…